SIA MM CARSActive
Key figures
Ratios
2025Balance sheet structure
Summary of financial statements2016–2025
| 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Balance sheet — assets | ||||||||||
| Total current assets | 63 266 | 222 396 | 305 924 | 219 489 | 7411 | 2729 | 2493 | 291 260 | 408 595 | 328 841 |
| Total non-current assets | 2000 | 4866 | 60 878 | 53 610 | 0 | 0 | 8279 | 6560 | 12 613 | 6631 |
| Total assets | 65 266 | 227 262 | 366 802 | 273 099 | 7411 | 2729 | 10 772 | 297 820 | 421 208 | 335 472 |
| Balance sheet — liabilities and equity | ||||||||||
| Current liabilities | 972 | 9238 | 61 647 | 40 707 | 3832 | 6814 | 20 060 | 317 722 | 519 840 | 415 872 |
| Non-current liabilities | 60 500 | 211 050 | 295 400 | 247 100 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total liabilities | 61 472 | 220 288 | 357 047 | 287 807 | 3832 | 6814 | 20 060 | 317 722 | 519 840 | 415 872 |
| Share capital | — | — | — | — | — | — | — | — | — | — |
| Retained earnings of previous periods | — | — | — | — | — | — | — | — | — | — |
| Profit for the year | 994 | 3180 | 2781 | -24 463 | 18 287 | -7664 | -5203 | -10 614 | -78 731 | 18 232 |
| Total equity | 3794 | 6974 | 9755 | -14 708 | 3579 | -4085 | -9288 | -19 902 | -98 632 | -80 400 |
| Income statement | ||||||||||
| Sales revenue | 50 672 | 161 100 | 345 329 | 333 783 | 222 068 | 17 340 | 20 797 | 137 393 | 1 247 386 | 1 160 138 |
| Operating profit | 1173 | 3660 | 2873 | -24 440 | 18 287 | -7614 | -5151 | -10 608 | -91 560 | 18 232 |
| Profit before income tax | 1173 | 3660 | 2873 | -24 440 | 18 287 | -7614 | -5153 | -10 608 | -78 731 | 18 232 |
| Profit for the reporting year | 994 | 3180 | 2781 | -24 463 | 18 287 | -7664 | -5203 | -10 614 | -78 731 | 18 232 |
| Labour costs | — | — | — | — | — | — | — | — | — | — |
| Depreciation of non-current assets | — | — | — | — | — | — | — | — | — | — |
| Other indicators | ||||||||||
| Employees | 2 | 2 | 3 | 3 | 1 | 0 | 0 | 3 | 2 | 2 |
| Calculated dividend | 0 | 0 | 0 | 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.
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Summary: SIA MM CARS
Overview
SIA MM CARS (reg. no. 40103995351) is a limited liability company. The company was registered in 2016 and has been in the register for 10 years. Registered address: Rīga, Duntes iela 60.
Financial results
Revenue in 2025 was 1 160 138 €, down 7,0% on the previous year (1 247 386 €). From 2016 to 2025, revenue grew by an average of 41,6% per year. Net profit for 2025 was 18 232 € (1,6% of revenue). The company was profitable in 5 of the 10 published years. In 2025 the company had 2 employees. Revenue per employee was 580 069 €.
Management and owners
The company has one board member. The sole owner of the company is a private individual.
Points to note
Equity was negative at the end of 2025 (-80 400 €).
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.