SIA "MN Holding"Active
Key figures
Ratios
2025Balance sheet structure
Dividends
from the reportNo dividends were paid.
Summary of financial statements2016–2025
| 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Balance sheet — assets | ||||||||||
| Total current assets | 15 676 042 | 23 183 386 | 24 709 322 | 25 562 361 | 664 630 | 224 882 | 36 982 049 | 26 725 981 | 18 801 832 | 15 270 775 |
| Total non-current assets | 3 400 859 | 3 429 733 | 3 760 887 | 4 101 927 | 9 947 734 | 9 939 481 | 1 840 184 | 3 544 149 | 2 523 879 | 2 919 433 |
| Total assets | 19 076 901 | 26 613 119 | 28 470 209 | 29 664 288 | 10 612 364 | 10 164 363 | 38 822 233 | 30 270 130 | 21 325 711 | 18 190 208 |
| Balance sheet — liabilities and equity | ||||||||||
| Current liabilities | 11 196 940 | 17 039 004 | 17 966 137 | 18 820 070 | 113 773 | 1 443 873 | 34 797 750 | 30 051 012 | 25 383 477 | 23 806 850 |
| Non-current liabilities | 3 133 490 | 2 309 235 | 2 349 450 | 2 374 514 | 2 165 685 | 2 238 065 | 3 632 944 | 797 511 | 0 | 263 000 |
| Total liabilities | 14 330 430 | 19 348 239 | 20 315 587 | 21 194 584 | 2 279 458 | 3 681 938 | 38 430 694 | 30 848 523 | 25 383 477 | 24 069 850 |
| Share capital | — | — | — | — | — | — | — | — | — | — |
| Retained earnings of previous periods | — | — | — | — | — | — | — | — | — | — |
| Profit for the year | 4 282 825 | 2 369 993 | 1 708 160 | 675 729 | 769 940 | 149 519 | -7 234 386 | -979 977 | -3 050 943 | -1 782 164 |
| Total equity | 4 317 825 | 6 707 479 | 7 915 639 | 8 406 428 | 8 332 906 | 6 482 425 | -671 956 | -1 651 933 | -4 702 876 | -6 485 040 |
| Income statement | ||||||||||
| Sales revenue | 40 751 985 | 80 177 532 | 78 555 018 | 66 721 656 | 817 245 | 1 087 726 | 78 828 777 | 74 041 432 | 23 676 949 | 5 242 585 |
| Operating profit | -420 302 | 3 005 422 | 1 695 115 | 832 768 | -232 527 | 80 595 | -7 064 951 | -637 027 | -2 758 304 | -1 479 893 |
| Profit before income tax | 4 425 353 | 2 878 891 | 1 756 581 | 721 518 | 770 653 | 153 228 | -7 220 144 | -974 829 | -3 035 583 | -1 781 761 |
| Profit for the reporting year | 4 282 825 | 2 369 993 | 1 708 160 | 675 729 | 769 940 | 149 519 | -7 234 386 | -979 977 | -3 050 943 | -1 782 164 |
| Labour costs | — | — | — | — | — | — | — | — | — | — |
| Depreciation of non-current assets | — | — | — | — | — | — | — | — | — | — |
| Other indicators | ||||||||||
| Employees | 248 | 232 | 317 | 430 | 19 | 20 | 270 | 259 | 164 | 93 |
| Calculated dividend | 0 | 0 | 500 000 | 2500 | 843 462 | 2 000 000 | 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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Related companies
- SIA "Component" — 100%
- SIA "MN Autoparks" — 100%
- SIA "Moduls Engineering" — 100%
- SIA "VELVE" — 100%
Summary: SIA "MN Holding"
Overview
SIA "MN Holding" (reg. no. 40103939602) is a limited liability company. The company was registered in 2015 and has been in the register for 11 years. Registered address: Rīga, Torņa iela 4.
Financial results
Revenue in 2025 was 5 242 585 €, down 77,9% on the previous year (23 676 949 €). From 2016 to 2025, revenue declined by an average of 20,4% per year. 2025 ended with a loss of 1 782 164 €. The company was profitable in 6 of the 10 published years. In 2025 the company had 93 employees (164 a year earlier). Revenue per employee was 56 372 €.
Management and owners
The company has one board member. According to the register, the company has 3 owners. The largest stake (55%) is held by SIA "JN Finance". The company holds stakes in 4 active Latvian companies.
Points to note
Equity was negative at the end of 2025 (-6 485 040 €).
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.