SIA "LM Group Holding"Active
Key figures
Ratios
2024Balance sheet structure
Dividends
calculatedNo dividends were paid.
Summary of financial statements2015–2024
| 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Balance sheet — assets | ||||||||||
| Total current assets | 1286 | 1861 | 1326 | 33 829 | 30 324 | 51 434 | 69 765 | 117 346 | 238 061 | 85 806 |
| Total non-current assets | 2058 | 4715 | 12 647 | 1188 | 1596 | 3325 | 66 830 | 251 644 | 249 557 | 8363 |
| Total assets | 3344 | 6576 | 13 973 | 35 017 | 31 920 | 54 759 | 136 595 | 368 990 | 487 618 | 94 169 |
| Balance sheet — liabilities and equity | ||||||||||
| Current liabilities | 4907 | 7653 | 11 842 | 25 184 | 19 076 | 20 948 | 40 911 | 156 947 | 218 720 | 270 991 |
| Non-current liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 44 901 | 92 244 | 108 582 | 199 159 |
| Total liabilities | 4907 | 7653 | 11 842 | 25 184 | 19 076 | 20 948 | 85 812 | 249 191 | 327 302 | 470 150 |
| Share capital | — | — | — | — | — | — | — | — | — | — |
| Retained earnings of previous periods | — | — | — | — | — | — | — | — | — | — |
| Profit for the year | -1568 | 486 | 413 | 7702 | 4127 | 20 967 | 16 972 | 97 516 | 58 142 | -536 297 |
| Total equity | -1563 | -1077 | 2131 | 9833 | 12 844 | 33 811 | 50 783 | 119 799 | 160 316 | -375 981 |
| Income statement | ||||||||||
| Sales revenue | 30 109 | 8755 | 24 921 | 48 308 | 1722 | 277 100 | 1 500 010 | 2 409 090 | 2 842 951 | 960 022 |
| Operating profit | 1143 | 1283 | 467 | 7702 | 4127 | 21 001 | 17 251 | 105 418 | 60 059 | -536 217 |
| Profit before income tax | 1142 | 1274 | 467 | 7702 | 4127 | 21 001 | 17 251 | 105 418 | 60 059 | -536 217 |
| Profit for the reporting year | -1568 | 486 | 413 | 7702 | 4127 | 20 967 | 16 972 | 97 516 | 58 142 | -536 297 |
| Labour costs | — | — | — | — | — | — | — | — | — | — |
| Depreciation of non-current assets | — | — | — | — | — | — | — | — | — | — |
| Other indicators | ||||||||||
| Employees | 5 | 4 | 1 | 7 | 1 | 1 | 4 | 6 | 8 | 15 |
| Calculated dividend | — | 0 | 0 | 0 | 1116 | 0 | 0 | 28 500 | 17 625 | 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 "LM Group Holding"
Overview
SIA "LM Group Holding" (reg. no. 40103860128) is a limited liability company. The company was registered in 2015 and has been in the register for 11 years. Registered address: Mārupes nov., Mārupes pag., "Vismaņi k-2".
Financial results
Revenue in 2024 was 960 022 €, down 66,2% on the previous year (2 842 951 €). From 2015 to 2024, revenue grew by an average of 46,9% per year. 2024 ended with a loss of 536 297 €. The company was profitable in 8 of the 10 published years. In 2024 the company had 15 employees (8 a year earlier). Revenue per employee was 64 001 €.
Management and owners
The sole owner of the company is a private individual.
Points to note
Equity was negative at the end of 2024 (-375 981 €).
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.