SIA "NEWSWORKS"Active
Key figures
Ratios
2025Balance sheet structure
Dividends
calculatedNo dividends were paid.
Summary of financial statements2016–2025
| 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Balance sheet — assets | ||||||||||
| Total current assets | 0 | 0 | 0 | 0 | 0 | 523 814 | 547 905 | 628 340 | 216 021 | 42 675 |
| Total non-current assets | 4 092 670 | 4 092 670 | 4 092 670 | 4 092 670 | 4 092 665 | 1 384 078 | 821 470 | 173 346 | 0 | 0 |
| Total assets | 4 092 670 | 4 092 670 | 4 092 670 | 4 092 670 | 4 092 665 | 1 907 892 | 1 369 375 | 801 686 | 216 021 | 42 675 |
| Balance sheet — liabilities and equity | ||||||||||
| Current liabilities | 839 625 | 951 323 | 1 106 857 | 1 226 248 | 1 326 812 | 1 950 608 | 2 033 378 | 2 185 626 | 2 032 835 | 1 907 932 |
| Non-current liabilities | 2 575 000 | 2 575 000 | 2 575 000 | 2 575 000 | 2 575 000 | 1 585 000 | 972 000 | 352 000 | 0 | 0 |
| Total liabilities | 3 414 625 | 3 526 323 | 3 681 857 | 3 801 248 | 3 901 812 | 3 535 608 | 3 005 378 | 2 537 626 | 2 032 835 | 1 907 932 |
| Share capital | — | — | — | — | — | — | — | — | — | — |
| Retained earnings of previous periods | — | — | — | — | — | — | — | — | — | — |
| Profit for the year | -124 755 | -111 698 | -120 417 | -119 391 | -100 569 | -1 818 569 | -8287 | -99 937 | -80 874 | -48 443 |
| Total equity | 678 045 | 566 347 | 410 813 | 291 422 | 190 853 | -1 627 716 | -1 636 003 | -1 735 940 | -1 816 814 | -1 865 257 |
| Income statement | ||||||||||
| Sales revenue | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Operating profit | -1751 | -46 | -214 | -2154 | -1143 | -237 | -65 | -66 | -67 | -63 |
| Profit before income tax | -124 755 | -111 698 | -107 744 | -106 023 | -86 508 | -1 818 569 | -8187 | -68 826 | -59 353 | -38 011 |
| Profit for the reporting year | -124 755 | -111 698 | -120 417 | -119 391 | -100 569 | -1 818 569 | -8287 | -99 937 | -80 874 | -48 443 |
| Labour costs | — | — | — | — | — | — | — | — | — | — |
| Depreciation of non-current assets | — | — | — | — | — | — | — | — | — | — |
| Other indicators | ||||||||||
| Employees | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1 | 1 | 1 |
| Calculated dividend | — | 0 | 35 117 | 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.
Connections graph
Summary: SIA "NEWSWORKS"
Overview
SIA "NEWSWORKS" (reg. no. 40103923156) is a limited liability company. The company was registered in 2015 and has been in the register for 11 years. Registered address: Rīga, Ulbrokas iela 23.
Financial results
There was no revenue in 2025. 2025 ended with a loss of 48 443 €. The company made a loss in all 10 published years. In 2025 the company had 1 employees.
Management and owners
The company has one board member. The sole owner of the company is MM Grupp OU.
Points to note
Equity was negative at the end of 2025 (-1 865 257 €).
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.