SIA M2MActive

40203131580Limited liability companyFounded 2018

Key figures

21 320 €-24,9%
Revenue 2021
+7,5%
Average annual growth 2018–2021
010 k20 k30 k2018201920202021

Ratios

2021
Balance sheet structure
Current assetsNon-current assetsLiabilitiesEquity
010 k20 k30 k2018201920202021
Summary of financial statements2018–2021
2018201920202021
Balance sheet — assets
Total current assets9659940893869399
Total non-current assets6222150528
Total assets10 281962393869927
Balance sheet — liabilities and equity
Current liabilities14 00221 22022 12928 260
Non-current liabilities0000
Total liabilities14 00221 22022 12928 260
Share capital————
Retained earnings of previous periods————
Profit for the year-5721-7876-1146-5591
Total equity-3721-11 597-12 743-18 333
Income statement
Sales revenue17 17227 33528 37121 320
Operating profit-5721-7876-1146-5589
Profit before income tax-5721-7876-1146-5591
Profit for the reporting year-5721-7876-1146-5591
Labour costs————
Depreciation of non-current assets————
Other indicators
Employees3344
Calculated dividend—000

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100%SIA M2M2Namavīra Maija
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Summary: SIA M2M

Overview

SIA M2M (reg. no. 40203131580) is a limited liability company. The company was registered in 2018 and has been in the register for 8 years. Registered address: Rīga, Čiekurkalna 4. šķērslīnija 8 - 39.

Financial results

Revenue in 2021 was 21 320 €, down 24,9% on the previous year (28 371 €). From 2018 to 2021, revenue grew by an average of 7,5% per year. 2021 ended with a loss of 5591 €. The company made a loss in all 4 published years. In 2021 the company had 4 employees. Revenue per employee was 5330 €.

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 2021 (-18 333 €). The latest published annual report is for 2021.

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.