"Mart 11" SIAActive
Key figures
Ratios
2025Balance sheet structure
Dividends
calculatedPaid out in dividends approximately 2 681 551 € (86% 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 statements2016–2025
| 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Balance sheet — assets | ||||||||||
| Total current assets | 109 551 | 132 934 | 224 045 | 164 487 | 151 922 | 224 491 | 110 951 | 88 501 | 2886 | 90 811 |
| Total non-current assets | 12 957 123 | 13 645 636 | 14 005 136 | 14 024 336 | 13 296 949 | 13 731 800 | 12 644 000 | 12 500 000 | 12 450 000 | 12 830 000 |
| Total assets | 13 066 674 | 13 778 570 | 14 229 181 | 14 188 823 | 13 448 871 | 13 956 291 | 12 754 951 | 12 588 501 | 12 452 886 | 12 920 811 |
| Balance sheet — liabilities and equity | ||||||||||
| Current liabilities | 4 921 750 | 4 966 107 | 5 688 919 | 11 699 412 | 5 627 032 | 1 843 820 | 551 458 | 397 080 | 56 857 | 41 520 |
| Non-current liabilities | 7 202 063 | 6 796 313 | 6 390 563 | 0 | 5 717 778 | 9 225 962 | 9 444 830 | 9 217 009 | 9 286 867 | 12 014 851 |
| Total liabilities | 12 123 813 | 11 762 420 | 12 079 482 | 11 699 412 | 11 344 810 | 11 069 782 | 9 996 288 | 9 614 089 | 9 343 724 | 12 056 371 |
| Share capital | — | — | — | — | — | — | — | — | — | — |
| Retained earnings of previous periods | — | — | — | — | — | — | — | — | — | — |
| Profit for the year | -287 500 | 1 073 289 | 813 549 | 339 712 | -385 350 | 782 448 | -127 846 | 215 749 | 134 750 | 436 829 |
| Total equity | 942 861 | 2 016 150 | 2 149 699 | 2 489 411 | 2 104 061 | 2 886 509 | 2 758 663 | 2 974 412 | 3 109 162 | 864 440 |
| Income statement | ||||||||||
| Sales revenue | 223 963 | 896 220 | 923 434 | 938 376 | 948 534 | 952 037 | 918 632 | 931 728 | 959 786 | 944 711 |
| Operating profit | 38 830 | 1 497 564 | 1 210 077 | 740 022 | 37 121 | 1 249 722 | 279 956 | 611 884 | 396 743 | 1 177 201 |
| Profit before income tax | -287 500 | 1 107 507 | 813 549 | 339 712 | -385 350 | 782 448 | -127 846 | 215 749 | 134 750 | 436 829 |
| Profit for the reporting year | -287 500 | 1 073 289 | 813 549 | 339 712 | -385 350 | 782 448 | -127 846 | 215 749 | 134 750 | 436 829 |
| Labour costs | — | — | — | — | — | — | — | — | — | — |
| Depreciation of non-current assets | — | — | — | — | — | — | — | — | — | — |
| Other indicators | ||||||||||
| Employees | 1 | 1 | 1 | 1 | 0 | 0 | 0 | 0 | 0 | 0 |
| Calculated dividend | — | 0 | 680 000 | 0 | 0 | 0 | 0 | 0 | 0 | 2 681 551 |
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
Click a node to see its other connections.
Related companies
- LCI LV 2 SIA — 2 shared people
- LCI Plienciema SIA — 2 shared people
- NULVE 4 SIA — 2 shared people
- NULVE 5 SIA — 2 shared people
- Nuve Retail Partners SIA — 2 shared people
- SIA "ANNIŅMUIŽAS IELA" — 2 shared people
- SIA "JUGLAS PROJEKTS" — 2 shared people
- SIA "Nuve Latvia 1" — 2 shared people
- SIA "Nuve Latvia 6" — 2 shared people
- Sabiedrība ar ierobežotu atbildību "Ganību dambja biznesa centrs" — 2 shared people
- Sabiedrība ar ierobežotu atbildību "Plieņciema centrs" — 2 shared people
- Tilta 32 SIA — 2 shared people
Summary: "Mart 11" SIA
Overview
"Mart 11" SIA (reg. no. 40103930815) is a limited liability company. The company was registered in 2015 and has been in the register for 11 years. Registered address: Rīga, Salaspils iela 20B.
Financial results
Revenue in 2025 was 944 711 €, down 1,6% on the previous year (959 786 €). From 2016 to 2025, revenue grew by an average of 17,3% per year. Net profit for 2025 was 436 829 € (46,2% of revenue). The company was profitable in 7 of the 10 published years. According to the report, the company had no employees in 2025. At the end of 2025, total assets were 12 920 811 € and equity 864 440 € (6,7% of assets).
Management and owners
The board has 2 members. The sole owner of the company is SIA "Nuve Latvia 1".
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. The LEI code (984500DK5AS7CDF49C21) comes from the GLEIF database. Changes, averages and ratios are calculated by entity.lv from open data and are not an official assessment.