SIA "Melwood"Active

40103873211Limited liability companyFounded 2015

Key figures

293 980 €+326,0%
Revenue 2025
+75,2%
Average annual growth 2015–2025
0100 k200 k300 k’15’16’17’18’19’20’21’22’23’24’25

Ratios

2025
Balance sheet structure
Current assetsNon-current assetsLiabilitiesEquity
050 k100 k150 k’15’16’17’18’19’20’21’22’23’24’25
Summary of financial statements2015–2025
20152016201720182019202020212022202320242025
Balance sheet — assets
Total current assets18385207502430 71515 547813411 57238664401540836 958
Total non-current assets01643130496562628823079 60079 70070 53660 589
Total assets18386850632831 68016 173842211 80283 46684 10175 94497 547
Balance sheet — liabilities and equity
Current liabilities11 06636 73451 40174 16876 89785 09086 336137 148130 740140 461104 819
Non-current liabilities00000000028060
Total liabilities11 06636 73451 40174 16876 89785 09086 336137 148130 740143 267104 819
Share capital———————————
Retained earnings of previous periods———————————
Profit for the year-12 028-20 656-15 1902585-18 235-15 945213420 8524243-20 90754 674
Total equity-9228-29 884-45 073-42 488-60 724-76 668-74 534-53 682-46 639-67 546-7272
Income statement
Sales revenue1081961221 95733 57029 29225 03015 51332 08847 76469 008293 980
Operating profit-12 028-20 656-15 1902585-18 235-15 945213420 8524243-20 90754 674
Profit before income tax-12 028-20 656-15 1902585-18 235-15 945213420 8524243-20 90754 674
Profit for the reporting year-12 028-20 656-15 1902585-18 235-15 945213420 8524243-20 90754 674
Labour costs———————————
Depreciation of non-current assets———————————
Other indicators
Employees22233332122
Calculated dividend—0000000000

A dash (—) means the report has not been filed or the line is not reported; 0 is a zero stated in the report.

Connections graph
50%50%SIA "Melwood"Meļņiks JurijsMeļņiks Igors
CompanyPersonShareholderOther roleAdditional link

Summary: SIA "Melwood"

Overview

SIA "Melwood" (reg. no. 40103873211) is a limited liability company. The company was registered in 2015 and has been in the register for 11 years. Registered address: Salaspils nov., Salaspils pag., Jaunsaurieši, "Urdziņas".

Financial results

Revenue in 2025 was 293 980 €, up 326% on the previous year (69 008 €). From 2015 to 2025, revenue grew by an average of 75,2% per year. This is the company's highest revenue among the published years (2015–2025). Net profit for 2025 was 54 674 € (18,6% of revenue). The company was profitable in 5 of the 11 published years. In 2025 the company had 2 employees. Revenue per employee was 146 990 €.

Management and owners

The board has 2 members. According to the register, the company has 2 owners. The largest stake (50%) is held by a private individual.

Points to note

Equity was negative at the end of 2025 (-7272 €).

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.