SIA "MSE"Active
Key figures
Ratios
2025Balance sheet structure
Summary of financial statements2014–2025
| 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Balance sheet — assets | ||||||||||||
| Total current assets | 3906 | 21 294 | 580 | 344 | 1035 | 1232 | 315 | 344 | 38 | 202 | 8249 | 91 639 |
| Total non-current assets | 0 | 0 | 26 538 | 23 616 | 20 695 | 17 773 | 14 851 | 11 930 | 9008 | 6087 | 20 087 | 20 970 |
| Total assets | 3906 | 21 294 | 27 118 | 23 960 | 21 730 | 19 005 | 15 166 | 12 274 | 9046 | 6289 | 28 336 | 112 609 |
| Balance sheet — liabilities and equity | ||||||||||||
| Current liabilities | 2396 | 9555 | 18 393 | 31 166 | 33 219 | 44 968 | 59 904 | 69 323 | 53 558 | 37 536 | 42 233 | 41 203 |
| Non-current liabilities | 0 | 16 000 | 26 915 | 26 915 | 26 915 | 28 157 | 28 172 | 28 172 | 28 867 | 28 867 | 44 764 | 34 897 |
| Total liabilities | 2396 | 25 555 | 45 308 | 58 081 | 60 134 | 73 125 | 88 076 | 97 495 | 82 425 | 66 403 | 86 997 | 76 100 |
| Share capital | — | — | — | — | — | — | — | — | — | — | — | — |
| Retained earnings of previous periods | — | — | — | — | — | — | — | — | — | — | — | — |
| Profit for the year | 1410 | -5771 | -13 929 | -15 931 | -4283 | -15 716 | -18 790 | -12 311 | 11 842 | 13 265 | 1453 | 95 170 |
| Total equity | 1510 | -4261 | -18 190 | -34 121 | -38 404 | -54 120 | -72 910 | -85 221 | -73 379 | -60 114 | -58 661 | 36 509 |
| Income statement | ||||||||||||
| Sales revenue | 8763 | 35 437 | 8909 | 10 147 | 31 603 | 16 739 | 11 625 | 10 431 | 15 101 | 16 612 | 8024 | 530 793 |
| Operating profit | 2198 | -2561 | -13 119 | -14 617 | 457 | -13 146 | -17 047 | -9699 | 11 875 | 13 315 | 1453 | 95 170 |
| Profit before income tax | 2198 | -2582 | -13 929 | -15 931 | -4283 | -15 716 | -18 790 | -12 311 | 11 842 | 13 315 | 1453 | 95 170 |
| Profit for the reporting year | 1410 | -5771 | -13 929 | -15 931 | -4283 | -15 716 | -18 790 | -12 311 | 11 842 | 13 265 | 1453 | 95 170 |
| Labour costs | — | — | — | — | — | — | — | — | — | — | — | — |
| Depreciation of non-current assets | — | — | — | — | — | — | — | — | — | — | — | — |
| Other indicators | ||||||||||||
| Employees | 1 | 4 | 2 | 3 | 4 | 3 | 3 | 2 | 1 | 1 | 1 | 2 |
| Calculated dividend | — | 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 "MSE"
Overview
SIA "MSE" (reg. no. 40103833238) is a limited liability company. The company was registered in 2014 and has been in the register for 12 years. Registered address: Siguldas nov., Sigulda, Eduarda Veidenbauma iela 1 - 18.
Financial results
Revenue in 2025 was 530 793 €, up 6515% on the previous year (8024 €). From 2014 to 2025, revenue grew by an average of 45,2% per year. This is the company's highest revenue among the published years (2014–2025). Net profit for 2025 was 95 170 € (17,9% of revenue). The company was profitable in 5 of the 12 published years. In 2025 the company had 2 employees (1 a year earlier). Revenue per employee was 265 397 €. At the end of 2025, total assets were 112 609 € and equity 36 509 € (32,4% 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. The LEI code (648800TP8214KXYW5O14) comes from the GLEIF database. Changes, averages and ratios are calculated by entity.lv from open data and are not an official assessment.