SIA "M Medical"Active
Key figures
Ratios
2025Balance sheet structure
Summary of financial statements2016–2025
| 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Balance sheet — assets | ||||||||||
| Total current assets | 38 187 | 81 148 | 112 387 | 212 165 | 289 361 | 247 528 | 275 548 | 268 559 | 115 371 | 157 926 |
| Total non-current assets | 16 209 | 25 039 | 28 630 | 24 090 | 21 292 | 20 341 | 17 881 | 17 881 | 68 526 | 9709 |
| Total assets | 54 396 | 106 187 | 141 017 | 236 255 | 310 653 | 267 869 | 293 429 | 286 440 | 183 897 | 167 635 |
| Balance sheet — liabilities and equity | ||||||||||
| Current liabilities | 41 001 | 78 714 | 85 052 | 140 733 | 224 242 | 182 478 | 134 846 | 157 220 | 118 516 | 123 824 |
| Non-current liabilities | 7489 | 13 636 | 13 900 | 14 665 | 834 | 0 | 85 435 | 85 435 | 11 610 | 0 |
| Total liabilities | 48 490 | 92 350 | 98 952 | 155 398 | 225 076 | 182 478 | 220 281 | 242 655 | 130 126 | 123 824 |
| Share capital | — | — | — | — | — | — | — | — | — | — |
| Retained earnings of previous periods | — | — | — | — | — | — | — | — | — | — |
| Profit for the year | -1809 | 7931 | 28 228 | 38 792 | 4720 | -186 | -12 243 | -29 363 | 9986 | -9960 |
| Total equity | 5906 | 13 837 | 42 065 | 80 857 | 85 577 | 85 391 | 73 148 | 43 785 | 53 771 | 43 811 |
| Income statement | ||||||||||
| Sales revenue | 63 309 | 285 023 | 257 457 | 291 687 | 273 519 | 87 765 | 28 704 | 0 | 27 592 | 16 446 |
| Operating profit | -615 | 11 934 | 46 654 | 39 253 | -26 743 | -675 | -12 066 | -25 745 | 10 061 | -9876 |
| Profit before income tax | -1809 | 10 174 | 44 056 | 38 843 | 4720 | -186 | -12 243 | -29 363 | 9986 | -9960 |
| Profit for the reporting year | -1809 | 7931 | 28 228 | 38 792 | 4720 | -186 | -12 243 | -29 363 | 9986 | -9960 |
| Labour costs | — | — | — | — | — | — | — | — | — | — |
| Depreciation of non-current assets | — | — | — | — | — | — | — | — | — | — |
| Other indicators | ||||||||||
| Employees | 2 | 2 | 3 | 1 | 1 | 1 | 1 | 1 | 1 | 1 |
| Calculated dividend | — | 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.
Connections graph
Click a node to see its other connections.
Related companies
Summary: SIA "M Medical"
Overview
SIA "M Medical" (reg. no. 40103584710) is a limited liability company. The company was registered in 2012 and has been in the register for 14 years. Registered address: Rīga, Šmerļa iela 2A.
Financial results
Revenue in 2025 was 16 446 €, down 40,4% on the previous year (27 592 €). From 2016 to 2025, revenue declined by an average of 13,9% per year. 2025 ended with a loss of 9960 €. The company was profitable in 5 of the 10 published years. In 2025 the company had 1 employees. Revenue per employee was 16 446 €. At the end of 2025, total assets were 167 635 € and equity 43 811 € (26,1% of assets).
Management and owners
The company has one board member. 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.