SIA "SM Motors"Active
Key figures
Ratios
2025Balance sheet structure
Summary of financial statements2015–2025
| 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Balance sheet — assets | |||||||||||
| Total current assets | 73 595 | 138 627 | 152 555 | 161 347 | 139 726 | 152 099 | 118 071 | 143 515 | 197 316 | 151 436 | 122 951 |
| Total non-current assets | 1830 | 2844 | 1840 | 3296 | 2934 | 1895 | 1056 | 931 | 0 | 983 | 636 |
| Total assets | 75 425 | 141 471 | 154 395 | 164 643 | 142 660 | 153 994 | 119 127 | 144 446 | 197 316 | 152 419 | 123 587 |
| Balance sheet — liabilities and equity | |||||||||||
| Current liabilities | 18 893 | 1982 | 844 | 16 946 | 34 631 | 57 838 | 38 708 | 52 510 | 47 513 | 15 793 | 1407 |
| Non-current liabilities | 52 355 | 132 903 | 146 524 | 148 455 | 114 610 | 98 340 | 81 024 | 80 924 | 125 815 | 115 354 | 104 171 |
| Total liabilities | 71 248 | 134 885 | 147 368 | 165 401 | 149 241 | 156 178 | 119 732 | 133 434 | 173 328 | 131 147 | 105 578 |
| Share capital | — | — | — | — | — | — | — | — | — | — | — |
| Retained earnings of previous periods | — | — | — | — | — | — | — | — | — | — | — |
| Profit for the year | 1377 | 2409 | 441 | -7785 | -5823 | 4397 | 1579 | 11 617 | 12 976 | -2716 | -3263 |
| Total equity | 4177 | 6586 | 7027 | -758 | -6581 | -2184 | -605 | 11 012 | 23 988 | 21 272 | 18 009 |
| Income statement | |||||||||||
| Sales revenue | 745 849 | 1 069 038 | 998 891 | 888 872 | 691 558 | 513 081 | 542 231 | 581 953 | 671 152 | 537 554 | 444 900 |
| Operating profit | 1423 | 2702 | 586 | -7832 | -5823 | 4397 | 1579 | 11 617 | 14 226 | -216 | -7763 |
| Profit before income tax | 1410 | 2702 | 586 | -7785 | -5823 | 4397 | 1579 | 11 617 | 12 976 | -2716 | -3263 |
| Profit for the reporting year | 1377 | 2409 | 441 | -7785 | -5823 | 4397 | 1579 | 11 617 | 12 976 | -2716 | -3263 |
| Labour costs | — | — | — | — | — | — | — | — | — | — | — |
| Depreciation of non-current assets | — | — | — | — | — | — | — | — | — | — | — |
| Other indicators | |||||||||||
| Employees | 2 | 2 | 2 | 2 | 2 | 1 | 1 | 1 | 1 | 1 | 1 |
| Calculated dividend | — | 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 "SM Motors"
Overview
SIA "SM Motors" (reg. no. 40103860024) is a limited liability company. The company was registered in 2015 and has been in the register for 11 years. Registered address: Rīga, Hipokrāta iela 9 - 51.
Financial results
Revenue in 2025 was 444 900 €, down 17,2% on the previous year (537 554 €). From 2015 to 2025, revenue declined by an average of 5,0% per year. This is the company's lowest revenue among the published years (2015–2025). 2025 ended with a loss of 3263 €. The company was profitable in 7 of the 11 published years. In 2025 the company had 1 employees. Revenue per employee was 444 900 €. At the end of 2025, total assets were 123 587 € and equity 18 009 € (14,6% 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.