SIA "Luxury Merchandise"Active

40103845699Limited liability companyFounded 2014

Key figures

38 885 €-78,6%
Revenue 2025
+10,8%
Average annual growth 2015–2025
050 k100 k150 k200 k’15’16’17’18’19’20’21’22’23’24’25

Ratios

2025
Balance sheet structure
Current assetsNon-current assetsLiabilitiesEquity
025 k50 k75 k’15’16’17’18’19’20’21’22’23’24’25

Dividends

calculated
2025

Paid out in dividends approximately 1000 € (3% of equity at the end of the previous year).

Low confidence: the company does not file a cash flow statement, so the amount is an estimate from changes in equity — it may also include other reductions of equity (e.g. a share capital reduction).

History
2025 ~1000 €
2024 ~36 863 €
2023 ~38 897 €
2022 ~50 791 €
2021 ~4473 €
2020 ~5394 €
2019 ~7165 €
2018 ~3313 €
20170 €
20160 €
Summary of financial statements2015–2025
20152016201720182019202020212022202320242025
Balance sheet — assets
Total current assets14 57314 68934 59936 84939 36748 20461 28460 34957 08030 34918 207
Total non-current assets00053744161301867860624216 89812 660
Total assets14 57314 68934 59942 22343 52851 22261 96260 95557 32247 24730 867
Balance sheet — liabilities and equity
Current liabilities9978267221 32112 53774412788554519 25817 65954362223
Non-current liabilities00000000010 0000
Total liabilities9978267221 32112 53774412788554519 25817 65915 4362223
Share capital———————————
Retained earnings of previous periods———————————
Profit for the year17957422126119 72113 56617 74112 45636 07136 86329 011-2167
Total equity459512 01713 27829 68636 08748 43456 41741 69739 66331 81128 644
Income statement
Sales revenue13 95956 70968 51865 18335 18446 22860 813129 758118 558181 81038 885
Operating profit21128806126120 41113 56618 31912 94648 33171 373100 375-1917
Profit before income tax21128806126120 41113 56618 39113 57448 33971 324100 445-1917
Profit for the reporting year17957422126119 72113 56617 74112 45636 07136 86329 011-2167
Labour costs———————————
Depreciation of non-current assets———————————
Other indicators
Employees11112111111
Calculated dividend—00331371655394447350 79138 89736 8631000

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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100%SIA "Luxury Merchandi…2Kiladze Nino
CompanyPersonShareholderOther roleAdditional link

Related companies

Shared members or board members
Same registered address

Summary: SIA "Luxury Merchandise"

Overview

SIA "Luxury Merchandise" (reg. no. 40103845699) is a limited liability company. The company was registered in 2014 and has been in the register for 11 years. Registered address: Rīga, Salnas iela 9 - 73.

Financial results

Revenue in 2025 was 38 885 €, down 78,6% on the previous year (181 810 €). From 2015 to 2025, revenue grew by an average of 10,8% per year. 2025 ended with a loss of 2167 €. The company was profitable in 10 of the 11 published years. In 2025 the company had 1 employees. Revenue per employee was 38 885 €. At the end of 2025, total assets were 30 867 € and equity 28 644 € (92,8% 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.