SIA "Mechanika Engineering"Active
Key figures
Ratios
2025Balance sheet structure
Dividends
calculatedPaid out in dividends approximately 10 000 € (4% 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).
Summary of financial statements2015–2025
| 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Balance sheet — assets | |||||||||||
| Total current assets | 209 156 | 143 508 | 293 225 | 408 361 | 430 213 | 467 516 | 337 664 | 900 782 | 653 267 | 608 914 | 442 354 |
| Total non-current assets | 5612 | 7302 | 6767 | 16 401 | 54 928 | 48 469 | 100 121 | 142 812 | 129 238 | 151 797 | 358 348 |
| Total assets | 214 768 | 150 810 | 299 992 | 424 762 | 485 141 | 515 985 | 437 785 | 1 043 594 | 782 505 | 760 711 | 800 702 |
| Balance sheet — liabilities and equity | |||||||||||
| Current liabilities | 218 470 | 145 342 | 294 670 | 436 287 | 490 500 | 649 230 | 114 662 | 705 907 | 353 108 | 210 073 | 173 454 |
| Non-current liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 302 534 | 256 534 | 256 534 | 279 834 | 335 706 |
| Total liabilities | 218 470 | 145 342 | 294 670 | 436 287 | 490 500 | 649 230 | 417 196 | 962 441 | 609 642 | 489 907 | 509 160 |
| Share capital | — | — | — | — | — | — | — | — | — | — | — |
| Retained earnings of previous periods | — | — | — | — | — | — | — | — | — | — | — |
| Profit for the year | -6502 | 9170 | -146 | -16 847 | 6166 | -127 886 | 266 980 | 60 564 | 91 710 | 97 941 | 30 738 |
| Total equity | -3702 | 5468 | 5322 | -11 525 | -5359 | -133 245 | 20 589 | 81 153 | 172 863 | 270 804 | 291 542 |
| Income statement | |||||||||||
| Sales revenue | 17 648 | 176 485 | 91 101 | 302 544 | 502 836 | 180 373 | 668 647 | 352 517 | 808 512 | 692 038 | 181 263 |
| Operating profit | -6502 | 9640 | -146 | -17 038 | 6166 | -127 901 | 266 968 | 59 753 | 57 947 | 56 912 | 30 738 |
| EBITDA | -6279 | 12 439 | -146 | -17 038 | 6166 | -127 901 | 266 968 | 59 753 | 57 947 | 56 912 | 30 738 |
| Profit before income tax | -6502 | 9640 | -146 | -16 847 | 6166 | -127 886 | 266 980 | 60 564 | 91 710 | 98 150 | 30 738 |
| Profit for the reporting year | -6502 | 9170 | -146 | -16 847 | 6166 | -127 886 | 266 980 | 60 564 | 91 710 | 97 941 | 30 738 |
| Labour costs | 4425 | 25 383 | 17 006 | 40 086 | 95 639 | 86 401 | 95 576 | 78 068 | 173 601 | 201 928 | 242 604 |
| Depreciation of non-current assets | 223 | 2799 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other indicators | |||||||||||
| Employees | 3 | 5 | 4 | 7 | 9 | 8 | 9 | 12 | 10 | 10 | 10 |
| Calculated dividend | — | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 10 000 |
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 "Mechanika Engineering"
Overview
SIA "Mechanika Engineering" (reg. no. 40103891787) is a limited liability company. The company was registered in 2015 and has been in the register for 11 years. Registered address: Rīga, Aptiekas iela 21.
Financial results
Revenue in 2025 was 181 263 €, down 73,8% on the previous year (692 038 €). From 2015 to 2025, revenue grew by an average of 26,2% per year. Net profit for 2025 was 30 738 € (17,0% of revenue). The company was profitable in 7 of the 11 published years. In 2025 the company had 10 employees. Revenue per employee was 18 126 €. At the end of 2025, total assets were 800 702 € and equity 291 542 € (36,4% 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.