SIA M-11Active
Key figures
Ratios
2025Balance sheet structure
Dividends
calculatedNo dividends were paid.
Summary of financial statements2015–2025
| 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Balance sheet — assets | |||||||||||
| Total current assets | 5727 | 65 252 | 53 637 | 46 153 | 89 973 | 48 106 | 56 794 | 20 687 | 64 510 | 49 381 | 68 226 |
| Total non-current assets | 3061 | 12 100 | 13 586 | 8202 | 10 715 | 6262 | 4794 | 10 543 | 15 037 | 11 388 | 8177 |
| Total assets | 8788 | 77 352 | 67 223 | 54 355 | 100 688 | 54 368 | 61 588 | 31 230 | 79 547 | 60 769 | 76 403 |
| Balance sheet — liabilities and equity | |||||||||||
| Current liabilities | 8216 | 28 006 | 47 368 | 45 542 | 58 600 | 54 110 | 76 653 | 45 116 | 103 042 | 80 079 | 95 314 |
| Non-current liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total liabilities | 8216 | 28 006 | 47 368 | 45 542 | 58 600 | 54 110 | 76 653 | 45 116 | 103 042 | 80 079 | 95 314 |
| Share capital | — | — | — | — | — | — | — | — | — | — | — |
| Retained earnings of previous periods | — | — | — | — | — | — | — | — | — | — | — |
| Profit for the year | -2228 | 48 774 | 509 | -11 042 | 33 275 | -41 830 | -15 323 | 1179 | -9609 | 4185 | 29 |
| Total equity | 572 | 49 346 | 19 855 | 8813 | 42 088 | 258 | -15 065 | -13 886 | -23 495 | -19 310 | -18 911 |
| Income statement | |||||||||||
| Sales revenue | 7451 | 170 018 | 107 189 | 110 248 | 158 794 | 145 109 | 110 077 | 231 664 | 135 638 | 184 812 | 202 564 |
| Operating profit | -2228 | 56 500 | 509 | -11 042 | 33 275 | -41 830 | -15 323 | 1179 | -9510 | 4185 | 29 |
| Profit before income tax | -2228 | 56 500 | 509 | -11 042 | 33 275 | -41 830 | -15 323 | 1179 | -9510 | 4185 | 29 |
| Profit for the reporting year | -2228 | 48 774 | 509 | -11 042 | 33 275 | -41 830 | -15 323 | 1179 | -9609 | 4185 | 29 |
| Labour costs | — | — | — | — | — | — | — | — | — | — | — |
| Depreciation of non-current assets | — | — | — | — | — | — | — | — | — | — | — |
| Other indicators | |||||||||||
| Employees | 2 | 3 | 5 | 5 | 5 | 5 | 4 | 4 | 5 | 4 | 4 |
| Calculated dividend | — | 0 | 30 000 | 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 M-11
Overview
SIA M-11 (reg. no. 40103906353) is a limited liability company. The company was registered in 2015 and has been in the register for 11 years. Registered address: Jūrmala, Konkordijas iela 63 - 4.
Financial results
Revenue in 2025 was 202 564 €, up 9,6% on the previous year (184 812 €). From 2015 to 2025, revenue grew by an average of 39,1% per year. Net profit for 2025 was 29 € (0,0% of revenue). The company was profitable in 6 of the 11 published years. In 2025 the company had 4 employees. Revenue per employee was 50 641 €.
Management and owners
The company has one board member. According to the register, the company has 2 owners. The largest stake (60%) is held by a private individual.
Points to note
Equity was negative at the end of 2025 (-18 911 €).
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.