SIA "MJ Development"Active
Key figures
Ratios
2025Balance sheet structure
Summary of financial statements2013–2025
| 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Balance sheet — assets | |||||||||||||
| Total current assets | 1977 | 1 303 389 | 161 991 | 23 750 | 174 886 | 77 541 | 78 940 | 558 259 | 224 575 | 285 991 | 19 915 | 51 527 | 13 560 |
| Total non-current assets | 0 | 875 000 | 5 375 658 | 5 210 097 | 5 018 049 | 5 036 062 | 4 953 185 | 4 656 069 | 4 436 293 | 4 275 136 | 4 373 433 | 4 461 169 | 4 221 631 |
| Total assets | 1977 | 2 178 389 | 5 537 649 | 5 233 847 | 5 192 935 | 5 113 603 | 5 032 125 | 5 214 328 | 4 660 868 | 4 561 127 | 4 393 348 | 4 512 696 | 4 235 191 |
| Balance sheet — liabilities and equity | |||||||||||||
| Current liabilities | 0 | 50 | 1 120 067 | 545 168 | 158 595 | 278 208 | 17 678 | 9015 | 10 380 | 10 786 | 48 348 | 20 386 | 27 130 |
| Non-current liabilities | 0 | 2 176 100 | 4 500 111 | 4 859 166 | 5 243 166 | 5 172 166 | 4 541 466 | 3 881 466 | 2 744 466 | 2 741 966 | 2 802 187 | 3 227 064 | 3 328 419 |
| Total liabilities | 0 | 2 176 150 | 5 620 178 | 5 404 334 | 5 401 761 | 5 450 374 | 4 559 144 | 3 890 481 | 2 754 846 | 2 752 752 | 2 850 535 | 3 247 450 | 3 355 549 |
| Share capital | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Retained earnings of previous periods | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Profit for the year | -23 | -574 | -197 079 | -87 386 | -38 339 | -127 945 | 809 752 | 850 866 | 582 175 | -97 646 | -265 562 | -277 567 | -385 604 |
| Total equity | 1977 | 2239 | -194 840 | -170 487 | -208 826 | -336 771 | 472 981 | 1 323 847 | 1 906 022 | 1 808 375 | 1 542 813 | 1 265 246 | 879 642 |
| Income statement | |||||||||||||
| Sales revenue | 0 | 0 | 100 152 | 273 397 | 293 204 | 280 410 | 278 787 | 235 693 | 171 036 | 226 471 | 43 830 | 21 312 | 14 481 |
| Operating profit | -23 | -524 | -49 885 | -39 543 | -33 419 | -127 741 | 810 621 | 850 866 | 582 175 | -97 646 | -265 341 | -250 632 | -364 621 |
| Profit before income tax | -23 | -524 | -85 340 | -87 386 | -38 339 | -127 634 | 810 090 | 850 866 | 582 175 | -97 646 | -265 562 | -263 275 | -381 936 |
| Profit for the reporting year | -23 | -574 | -197 079 | -87 386 | -38 339 | -127 945 | 809 752 | 850 866 | 582 175 | -97 646 | -265 562 | -277 567 | -385 604 |
| Labour costs | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Depreciation of non-current assets | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Other indicators | |||||||||||||
| Employees | 0 | 0 | 1 | 3 | 3 | 4 | 7 | 8 | 8 | 8 | 8 | 8 | 8 |
| 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 "MJ Development"
Overview
SIA "MJ Development" (reg. no. 40103663495) is a limited liability company. The company was registered in 2013 and has been in the register for 13 years. Registered address: Rīga, Valērijas Seiles iela 6.
Financial results
Revenue in 2025 was 14 481 €, down 32,1% on the previous year (21 312 €). 2025 ended with a loss of 385 604 €. The company was profitable in 3 of the 13 published years. In 2025 the company had 8 employees. Revenue per employee was 1810 €. At the end of 2025, total assets were 4 235 191 € and equity 879 642 € (20,8% of assets).
Management and owners
The board has 2 members. The sole owner of the company is a private individual. The company holds a stake in one other active Latvian company.
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 02.11.2026. Changes, averages and ratios are calculated by entity.lv from open data and are not an official assessment.