SIA "M KVADRATS"Active
Key figures
Ratios
2025Balance sheet structure
Dividends
calculatedNo dividends were paid.
Summary of financial statements2013–2025
| 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Balance sheet — assets | |||||||||||||
| Total current assets | 113 117 | 123 003 | 27 297 | 55 785 | 173 314 | 231 458 | 210 569 | 298 157 | 751 195 | 199 421 | 163 154 | 914 472 | 273 669 |
| Total non-current assets | 3 630 180 | 5 361 353 | 5 528 257 | 4 943 945 | 4 836 774 | 4 630 820 | 4 491 202 | 4 333 742 | 6 181 769 | 7 571 174 | 7 899 703 | 6 771 497 | 6 847 088 |
| Total assets | 3 743 297 | 5 484 356 | 5 555 554 | 4 999 730 | 5 010 088 | 4 862 278 | 4 701 771 | 4 631 899 | 6 932 964 | 7 770 595 | 8 062 857 | 7 685 969 | 7 120 757 |
| Balance sheet — liabilities and equity | |||||||||||||
| Current liabilities | 69 885 | 110 953 | 86 949 | 4 822 919 | 331 167 | 319 839 | 351 101 | 387 265 | 730 742 | 647 912 | 682 325 | 812 167 | 727 859 |
| Non-current liabilities | 3 444 273 | 4 867 390 | 4 776 665 | 0 | 4 525 981 | 4 306 289 | 4 156 597 | 4 014 420 | 5 951 112 | 3 557 206 | 3 799 276 | 3 411 233 | 2 788 261 |
| Total liabilities | 3 514 158 | 4 978 343 | 4 863 614 | 4 822 919 | 4 857 148 | 4 626 128 | 4 507 698 | 4 401 685 | 6 681 854 | 4 205 118 | 4 481 601 | 4 223 400 | 3 516 120 |
| Share capital | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Retained earnings of previous periods | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Profit for the year | 29 139 | 179 978 | 185 927 | -510 706 | -23 871 | 83 211 | -42 077 | 36 140 | 20 896 | -46 210 | 15 779 | 51 747 | 142 068 |
| Total equity | 229 139 | 506 013 | 691 940 | 176 811 | 152 940 | 236 150 | 194 073 | 230 214 | 251 110 | 3 565 477 | 3 581 256 | 3 462 569 | 3 604 637 |
| Income statement | |||||||||||||
| Sales revenue | 151 231 | 677 035 | 705 828 | 761 739 | 766 994 | 783 713 | 822 307 | 753 401 | 835 048 | 1 069 883 | 1 098 978 | 1 053 032 | 1 014 333 |
| Operating profit | 55 513 | 320 661 | 277 201 | -476 343 | 55 293 | 191 687 | 60 026 | 131 500 | 144 074 | 112 497 | 176 210 | 165 438 | 242 557 |
| Profit before income tax | 39 045 | 255 797 | 261 004 | -497 700 | -23 871 | 83 211 | -42 077 | 36 140 | 20 896 | -12 847 | 19 907 | 52 010 | 143 161 |
| Profit for the reporting year | 29 139 | 179 978 | 185 927 | -510 706 | -23 871 | 83 211 | -42 077 | 36 140 | 20 896 | -46 210 | 15 779 | 51 747 | 142 068 |
| Labour costs | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Depreciation of non-current assets | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Other indicators | |||||||||||||
| Employees | 0 | 0 | 0 | 0 | 1 | 2 | 2 | 2 | 3 | 4 | 4 | 4 | 3 |
| Calculated dividend | 0 | 0 | 0 | 4423 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 170 434 | 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
- SIA M UPES KORPUSS — 14,29%
Summary: SIA "M KVADRATS"
Overview
SIA "M KVADRATS" (reg. no. 40103673347) is a limited liability company. The company was registered in 2013 and has been in the register for 13 years. Registered address: Rīga, Latgales iela 322.
Financial results
Revenue in 2025 was 1 014 333 €, down 3,7% on the previous year (1 053 032 €). From 2013 to 2025, revenue grew by an average of 17,2% per year. Net profit for 2025 was 142 068 € (14,0% of revenue). The company was profitable in 9 of the 13 published years. In 2025 the company had 3 employees (4 a year earlier). Revenue per employee was 338 111 €. At the end of 2025, total assets were 7 120 757 € and equity 3 604 637 € (50,6% of assets).
Management and owners
The company has one board member. According to the register, the company has 4 owners. The largest stake (40,1%) is held by SIA Maskavas 322. 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.