Michael Kors (Latvia) SIAActive
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 | 719 895 | 443 423 | 387 276 | 434 902 | 342 535 | 399 754 | 686 798 | 812 583 | 636 131 | 909 647 | 994 017 |
| Total non-current assets | 556 007 | 444 091 | 339 170 | 208 489 | 99 463 | 54 006 | 55 047 | 41 732 | 42 137 | 40 093 | 37 718 |
| Total assets | 1 275 902 | 887 514 | 726 446 | 643 391 | 441 998 | 453 760 | 741 845 | 854 315 | 678 268 | 949 740 | 1 031 735 |
| Balance sheet — liabilities and equity | |||||||||||
| Current liabilities | 1 245 007 | 827 030 | 669 670 | 545 649 | 335 790 | 328 942 | 586 342 | 663 244 | 479 547 | 744 347 | 824 136 |
| Non-current liabilities | 1248 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total liabilities | 1 246 255 | 827 030 | 669 670 | 545 649 | 335 790 | 328 942 | 586 342 | 663 244 | 479 547 | 744 347 | 824 136 |
| Share capital | — | — | — | — | — | — | — | — | — | — | — |
| Retained earnings of previous periods | — | — | — | — | — | — | — | — | — | — | — |
| Profit for the year | 26 847 | 30 837 | -3708 | 40 966 | 8466 | 18 610 | 30 685 | 35 568 | 7650 | 6672 | 2206 |
| Total equity | 29 647 | 60 484 | 56 776 | 97 742 | 106 208 | 124 818 | 155 503 | 191 071 | 198 721 | 205 393 | 207 599 |
| Income statement | |||||||||||
| Sales revenue | 693 386 | 1 312 721 | 1 140 851 | 1 311 984 | 1 327 568 | 1 067 230 | 1 043 655 | 1 166 335 | 1 052 239 | 815 567 | 765 759 |
| Operating profit | 53 587 | 71 018 | 45 634 | 63 184 | 22 875 | 25 792 | 41 328 | 45 470 | 41 484 | 35 593 | 24 067 |
| Profit before income tax | 34 566 | 40 923 | 24 842 | 40 969 | 9689 | 19 956 | 31 043 | 35 678 | 8642 | 7524 | 2691 |
| Profit for the reporting year | 26 847 | 30 837 | -3708 | 40 966 | 8466 | 18 610 | 30 685 | 35 568 | 7650 | 6672 | 2206 |
| Labour costs | — | — | — | — | — | — | — | — | — | — | — |
| Depreciation of non-current assets | — | — | — | — | — | — | — | — | — | — | — |
| Other indicators | |||||||||||
| Employees | 11 | 8 | 10 | 13 | 11 | 9 | 11 | 11 | 9 | 8 | 6 |
| 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: Michael Kors (Latvia) SIA
Overview
Michael Kors (Latvia) SIA (reg. no. 40103861138) is a limited liability company. The company was registered in 2015 and has been in the register for 11 years. Registered address: Rīga, Lielirbes iela 29.
Financial results
Revenue in 2025 was 765 759 €, down 6,1% on the previous year (815 567 €). From 2015 to 2025, revenue grew by an average of 1,0% per year. Net profit for 2025 was 2206 € (0,3% of revenue). The company was profitable in 10 of the 11 published years. In 2025 the company had 6 employees (8 a year earlier). Revenue per employee was 127 627 €. At the end of 2025, total assets were 1 031 735 € and equity 207 599 € (20,1% of assets).
Management and owners
The board has 2 members. The sole owner of the company is MICHAEL KORS (EUROPE) B.V..
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.