Sabiedrība ar ierobežotu atbildību "Mesh Group"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 | 93 108 | 97 175 | 197 902 | 179 119 | 64 873 | 35 646 | 56 519 | 54 081 | 24 906 | 258 853 |
| Total non-current assets | 39 420 | 68 545 | 101 114 | 108 727 | 466 276 | 769 755 | 1 700 397 | 1 980 454 | 2 387 828 | 2 574 694 |
| Total assets | 132 528 | 165 720 | 299 016 | 287 846 | 531 149 | 805 401 | 1 756 916 | 2 034 535 | 2 412 734 | 2 833 547 |
| Balance sheet — liabilities and equity | ||||||||||
| Current liabilities | 2260 | 68 136 | 115 334 | 60 484 | 158 467 | 69 624 | 116 705 | 253 015 | 429 254 | 257 320 |
| Non-current liabilities | 75 000 | 75 000 | 125 000 | 191 787 | 97 037 | 391 920 | 300 000 | 400 000 | 600 000 | 1 350 000 |
| Total liabilities | 77 260 | 143 136 | 240 334 | 252 271 | 255 504 | 461 544 | 416 705 | 653 015 | 1 029 254 | 1 607 320 |
| Share capital | — | — | — | — | — | — | — | — | — | — |
| Retained earnings of previous periods | — | — | — | — | — | — | — | — | — | — |
| Profit for the year | 2272 | -32 684 | 36 098 | -43 107 | 240 070 | 68 212 | 1 069 601 | 41 309 | 1960 | -157 253 |
| Total equity | 55 268 | 22 584 | 58 682 | 35 575 | 275 645 | 343 857 | 1 340 211 | 1 381 520 | 1 383 480 | 1 226 227 |
| Income statement | ||||||||||
| Sales revenue | 11 532 | 78 100 | 117 636 | 68 964 | 335 938 | 206 280 | 1 299 900 | 372 233 | 270 566 | 177 570 |
| Operating profit | 3569 | -22 791 | 50 147 | -24 948 | 253 682 | 84 645 | 1 102 257 | 85 055 | 70 747 | -56 325 |
| Profit before income tax | 2736 | -32 684 | 36 098 | -39 938 | 240 409 | 68 212 | 1 395 800 | 41 443 | 1960 | -157 253 |
| Profit for the reporting year | 2272 | -32 684 | 36 098 | -43 107 | 240 070 | 68 212 | 1 069 601 | 41 309 | 1960 | -157 253 |
| Labour costs | — | — | — | — | — | — | — | — | — | — |
| Depreciation of non-current assets | — | — | — | — | — | — | — | — | — | — |
| Other indicators | ||||||||||
| Employees | 2 | 3 | 4 | 4 | 5 | 6 | 6 | 7 | 7 | 8 |
| Calculated dividend | — | 0 | 0 | 0 | 0 | 0 | 73 247 | 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: Sabiedrība ar ierobežotu atbildību "Mesh Group"
Overview
Sabiedrība ar ierobežotu atbildību "Mesh Group" (reg. no. 40103971781) is a limited liability company. The company was registered in 2016 and has been in the register for 10 years. Registered address: Rīga, Dambja iela 5.
Financial results
Revenue in 2025 was 177 570 €, down 34,4% on the previous year (270 566 €). From 2016 to 2025, revenue grew by an average of 35,5% per year. 2025 ended with a loss of 157 253 €. The company was profitable in 7 of the 10 published years. In 2025 the company had 8 employees (7 a year earlier). Revenue per employee was 22 196 €. At the end of 2025, total assets were 2 833 547 € and equity 1 226 227 € (43,3% of assets).
Management and owners
The company has one board member. According to the register, the company has 3 owners. The largest stake (56,7%) is held by a private individual. The company holds stakes in 2 active Latvian companies.
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.