SIA "MVBK"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 | 1999 | 9431 | 97 527 | 36 248 | 34 976 | 45 390 | 200 833 | 205 714 | 534 649 | 2 476 683 | 2 778 816 |
| Total non-current assets | 9063 | 163 | 3321 | 1875 | 692 | 833 | 5379 | 7000 | 54 357 | 68 620 | 46 906 |
| Total assets | 11 062 | 9594 | 100 848 | 38 123 | 35 668 | 46 223 | 206 212 | 212 714 | 589 006 | 2 545 303 | 2 825 722 |
| Balance sheet — liabilities and equity | |||||||||||
| Current liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 306 997 | 1 243 660 | 3 433 225 |
| Non-current liabilities | 8859 | 6848 | 99 280 | 48 347 | 48 456 | 58 725 | 150 386 | 155 872 | 345 661 | 1 328 911 | 0 |
| Total liabilities | 8859 | 6848 | 99 280 | 48 347 | 48 456 | 58 725 | 150 386 | 155 872 | 652 658 | 2 572 571 | 3 433 225 |
| Share capital | — | — | — | — | — | — | — | — | — | — | — |
| Retained earnings of previous periods | — | — | — | — | — | — | — | — | — | — | — |
| Profit for the year | -497 | 542 | -1178 | -11 792 | -2664 | 286 | 1128 | 1016 | -45 294 | 36 384 | -580 235 |
| Total equity | 2203 | 2746 | 1568 | -10 224 | -12 788 | -12 502 | 55 826 | 56 842 | -63 652 | -27 268 | -607 503 |
| Income statement | |||||||||||
| Sales revenue | 4872 | 862 | 57 112 | 97 125 | 110 455 | 99 380 | 512 278 | 834 516 | 1 321 322 | 5 810 522 | 5 250 084 |
| Operating profit | -497 | 328 | -1312 | -11 837 | -2766 | 236 | 1173 | 827 | -41 151 | 66 073 | -561 968 |
| Profit before income tax | -497 | 542 | -1178 | -11 792 | -2664 | 286 | 1128 | 1016 | -41 777 | 36 384 | -559 585 |
| Profit for the reporting year | -497 | 542 | -1178 | -11 792 | -2664 | 286 | 1128 | 1016 | -45 294 | 36 384 | -580 235 |
| Labour costs | — | — | — | — | — | — | — | — | — | — | — |
| Depreciation of non-current assets | — | — | — | — | — | — | — | — | — | — | — |
| Other indicators | |||||||||||
| Employees | 1 | 2 | 1 | 1 | 1 | 1 | 3 | 2 | 3 | 5 | 6 |
| 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 "MVBK"
Overview
SIA "MVBK" (reg. no. 40103895702) is a limited liability company. The company was registered in 2015 and has been in the register for 11 years. Registered address: Rīga, Rūpniecības iela 32B - 1K.
Financial results
Revenue in 2025 was 5 250 084 €, down 9,6% on the previous year (5 810 522 €). From 2015 to 2025, revenue grew by an average of 101% per year. 2025 ended with a loss of 580 235 €. The company was profitable in 5 of the 11 published years. In 2025 the company had 6 employees (5 a year earlier). Revenue per employee was 875 014 €.
Management and owners
The board has 3 members. According to the register, the company has 5 owners. The largest stake (40%) is held by a private individual.
Points to note
Equity was negative at the end of 2025 (-607 503 €).
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.