SIA "MM Works"Active
Key figures
Ratios
2025Balance sheet structure
Dividends
calculatedNo dividends were paid.
Summary of financial statements2014–2025
| 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Balance sheet — assets | ||||||||||||
| Total current assets | 247 | 7869 | 16 747 | 5112 | 38 539 | 1740 | 911 | 11 829 | 29 464 | 56 029 | 45 499 | 46 701 |
| Total non-current assets | 1160 | 2096 | 4252 | 5836 | 2506 | 12 051 | 22 748 | 19 684 | 19 239 | 14 548 | 40 125 | 39 769 |
| Total assets | 1407 | 9965 | 20 999 | 10 948 | 41 045 | 13 791 | 23 659 | 31 513 | 48 703 | 70 577 | 85 624 | 86 470 |
| Balance sheet — liabilities and equity | ||||||||||||
| Current liabilities | 1078 | 9515 | 4423 | 9213 | 38 819 | 2379 | 12 500 | 16 853 | 11 129 | 31 342 | 29 331 | 25 719 |
| Non-current liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 21 005 | 36 584 | 36 584 |
| Total liabilities | 1078 | 9515 | 4423 | 9213 | 38 819 | 2379 | 12 500 | 16 853 | 11 129 | 52 347 | 65 915 | 62 303 |
| Share capital | — | — | — | — | — | — | — | — | — | — | — | — |
| Retained earnings of previous periods | — | — | — | — | — | — | — | — | — | — | — | — |
| Profit for the year | 319 | 121 | 400 | 884 | 491 | 4553 | 3806 | 3501 | 1909 | 1661 | 1479 | 4458 |
| Total equity | 329 | 450 | 16 576 | 1735 | 2226 | 11 412 | 11 159 | 14 660 | 37 574 | 18 230 | 19 709 | 24 167 |
| Income statement | ||||||||||||
| Sales revenue | 7399 | 19 536 | 24 501 | 32 146 | 42 127 | 104 874 | 81 145 | 88 151 | 84 861 | 144 776 | 173 229 | 186 600 |
| Operating profit | 985 | 121 | 400 | 5496 | 7759 | 4553 | 3806 | 3501 | 1909 | 1661 | 1479 | 4458 |
| Profit before income tax | 985 | 121 | 400 | 5496 | 7759 | 4553 | 3806 | 3501 | 1909 | 1661 | 1479 | 4458 |
| Profit for the reporting year | 319 | 121 | 400 | 884 | 491 | 4553 | 3806 | 3501 | 1909 | 1661 | 1479 | 4458 |
| Labour costs | — | — | — | — | — | — | — | — | — | — | — | — |
| Depreciation of non-current assets | — | — | — | — | — | — | — | — | — | — | — | — |
| Other indicators | ||||||||||||
| Employees | 1 | 1 | 2 | 4 | 1 | 2 | 4 | 4 | 4 | 6 | 5 | 5 |
| Calculated dividend | — | 0 | 0 | 15 725 | 0 | 0 | 4059 | 0 | 0 | 21 005 | 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 "MM Works"
Overview
SIA "MM Works" (reg. no. 40103827208) is a limited liability company. The company was registered in 2014 and has been in the register for 12 years. Registered address: Ogres nov., Tīnūžu pag., "Unas" - 1.
Financial results
Revenue in 2025 was 186 600 €, up 7,7% on the previous year (173 229 €). From 2014 to 2025, revenue grew by an average of 34,1% per year. This is the company's highest revenue among the published years (2014–2025). Net profit for 2025 was 4458 € (2,4% of revenue). The company was profitable in all 12 published years. In 2025 the company had 5 employees. Revenue per employee was 37 320 €. At the end of 2025, total assets were 86 470 € and equity 24 167 € (27,9% 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.