SIA Modern SolutionsActive
Key figures
Ratios
2024Balance sheet structure
Summary of financial statements2012–2024
| 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Balance sheet — assets | |||||||||||||
| Total current assets | 150 | 150 | 213 | 213 | 213 | 213 | 213 | 213 | 213 | 213 | 1465 | 41 215 | 76 841 |
| Total non-current assets | 990 | 990 | 1409 | 1409 | 1409 | 1409 | 1409 | 1409 | 1409 | 1409 | 0 | 6785 | 6061 |
| Total assets | 1140 | 1140 | 1622 | 1622 | 1622 | 1622 | 1622 | 1622 | 1622 | 1622 | 1465 | 48 000 | 82 902 |
| Balance sheet — liabilities and equity | |||||||||||||
| Current liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 121 | 189 | 240 | 240 | 555 | 7115 | 15 174 |
| Non-current liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 7500 | 23 000 |
| Total liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 121 | 189 | 240 | 240 | 555 | 14 615 | 38 174 |
| Share capital | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Retained earnings of previous periods | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Profit for the year | 0 | 0 | 0 | 0 | 0 | 0 | -121 | -68 | -51 | 0 | -1696 | 32 475 | 11 343 |
| Total equity | 1140 | 1140 | 1622 | 1622 | 1622 | 1622 | 1501 | 1433 | 1382 | 1382 | 910 | 33 385 | 44 728 |
| Income statement | |||||||||||||
| Sales revenue | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 278 805 | 325 806 |
| Operating profit | 0 | 0 | 0 | 0 | 0 | 0 | -21 | -18 | -1 | 0 | -1476 | 32 476 | 12 283 |
| EBITDA | — | — | 0 | 0 | 0 | 0 | — | — | — | — | — | — | — |
| Profit before income tax | 0 | 0 | 0 | 0 | 0 | 0 | -21 | -18 | -1 | 0 | -1646 | 32 475 | 11 532 |
| Profit for the reporting year | 0 | 0 | 0 | 0 | 0 | 0 | -121 | -68 | -51 | 0 | -1696 | 32 475 | 11 343 |
| Labour costs | — | — | 0 | 0 | 0 | 0 | — | — | — | — | — | — | — |
| Depreciation of non-current assets | — | — | 0 | 0 | 0 | 0 | — | — | — | — | — | — | — |
| Other indicators | |||||||||||||
| Employees | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1 | 1 |
| Calculated dividend | — | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
A dash (—) means the report has not been filed or the line is not reported; 0 is a zero stated in the report.
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Summary: SIA Modern Solutions
Overview
SIA Modern Solutions (reg. no. 40103552289) is a limited liability company. The company was registered in 2012 and has been in the register for 14 years. Registered address: Rīga, Lidoņu iela 27 k-1.
Financial results
Revenue in 2024 was 325 806 €, up 16,9% on the previous year (278 805 €). This is the company's highest revenue among the published years (2012–2024). Net profit for 2024 was 11 343 € (3,5% of revenue). The company was profitable in 2 of the 13 published years. In 2024 the company had 1 employees. Revenue per employee was 325 806 €. At the end of 2024, total assets were 82 902 € and equity 44 728 € (54,0% of assets).
Management and owners
The board has 2 members. The sole owner of the company is a private individual.
Data sources and freshness
Register data (name, address, legal form, board and owners) and annual report figures come from the open data of the Register of Enterprises of the Republic of Latvia (CC0); entity.lv updates them daily. Data as of 03.11.2026. Changes, averages and ratios are calculated by entity.lv from open data and are not an official assessment.