SIA "Mavelus"Active
Key figures
Ratios
2025Balance sheet structure
Dividends
calculatedPaid out in dividends approximately 30 000 € (57% 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 | 2581 | 3828 | 1692 | 1067 | 1307 | 5230 | 6479 | 6510 | 2766 | 173 042 | 61 655 |
| Total non-current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1178 | 5401 |
| Total assets | 2581 | 3828 | 1692 | 1067 | 1307 | 5230 | 6479 | 6510 | 2766 | 174 220 | 67 056 |
| Balance sheet — liabilities and equity | |||||||||||
| Current liabilities | 2443 | 3518 | 1597 | 1881 | 3565 | 1584 | 1634 | 2163 | 2 | 0 | 0 |
| Non-current liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 2590 | 121 516 | 1483 |
| Total liabilities | 2443 | 3518 | 1597 | 1881 | 3565 | 1584 | 1634 | 2163 | 2592 | 121 516 | 1483 |
| Share capital | — | — | — | — | — | — | — | — | — | — | — |
| Retained earnings of previous periods | — | — | — | — | — | — | — | — | — | — | — |
| Profit for the year | 137 | 172 | -215 | -909 | -1444 | 5904 | 1199 | -498 | -4173 | 52 530 | 42 869 |
| Total equity | 138 | 310 | 95 | -814 | -2258 | 3646 | 4845 | 4347 | 174 | 52 704 | 65 573 |
| Income statement | |||||||||||
| Sales revenue | 9940 | 34 350 | 40 140 | 39 999 | 39 950 | 39 950 | 33 700 | 29 400 | 2660 | 399 468 | 725 726 |
| Operating profit | 1032 | 3264 | 5596 | 5091 | 4562 | 11 896 | 5634 | -498 | -4173 | 52 530 | 50 369 |
| Profit before income tax | 1032 | 3264 | 5596 | 5091 | 4562 | 11 896 | 5634 | -498 | -4173 | 52 530 | 50 369 |
| Profit for the reporting year | 137 | 172 | -215 | -909 | -1444 | 5904 | 1199 | -498 | -4173 | 52 530 | 42 869 |
| Labour costs | — | — | — | — | — | — | — | — | — | — | — |
| Depreciation of non-current assets | — | — | — | — | — | — | — | — | — | — | — |
| Other indicators | |||||||||||
| Employees | 5 | 5 | 5 | 5 | 5 | 5 | 5 | 2 | 1 | 2 | 4 |
| Calculated dividend | — | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 30 000 |
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 "Mavelus"
Overview
SIA "Mavelus" (reg. no. 40103922964) is a limited liability company. The company was registered in 2015 and has been in the register for 11 years. Registered address: Rīga, Cesvaines iela 15A.
Financial results
Revenue in 2025 was 725 726 €, up 81,7% on the previous year (399 468 €). From 2015 to 2025, revenue grew by an average of 53,6% per year. This is the company's highest revenue among the published years (2015–2025). Net profit for 2025 was 42 869 € (5,9% of revenue). The company was profitable in 6 of the 11 published years. In 2025 the company had 4 employees (2 a year earlier). Revenue per employee was 181 432 €. At the end of 2025, total assets were 67 056 € and equity 65 573 € (97,8% 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.