SIA "Garage Hive MSP"Active
Key figures
Ratios
2025Balance sheet structure
Summary of financial statements2018–2025
| 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|---|---|---|---|
| Balance sheet — assets | ||||||||
| Total current assets | 14 337 | 16 704 | 15 406 | 28 933 | 45 501 | 55 861 | 80 889 | 181 535 |
| Total non-current assets | 0 | 195 | 1679 | 2928 | 4435 | 6941 | 7776 | 18 668 |
| Total assets | 14 337 | 16 899 | 17 085 | 31 861 | 49 936 | 62 802 | 88 665 | 200 203 |
| Balance sheet — liabilities and equity | ||||||||
| Current liabilities | 11 538 | 13 586 | 10 279 | 13 771 | 20 335 | 26 742 | 41 572 | 89 649 |
| Non-current liabilities | 0 | 0 | 1043 | 492 | 0 | 0 | 0 | 0 |
| Total liabilities | 11 538 | 13 586 | 11 322 | 14 263 | 20 335 | 26 742 | 41 572 | 89 649 |
| Share capital | — | — | — | — | — | — | — | — |
| Retained earnings of previous periods | — | — | — | — | — | — | — | — |
| Profit for the year | -1 | 514 | 2450 | 11 835 | 12 003 | 6459 | 11 033 | 14 438 |
| Total equity | 2799 | 3313 | 5763 | 17 598 | 29 601 | 36 060 | 47 093 | 61 531 |
| Income statement | ||||||||
| Sales revenue | 41 275 | 143 483 | 158 422 | 205 885 | 285 470 | 356 610 | 504 110 | 782 773 |
| Operating profit | -1 | 524 | 2452 | 11 845 | 12 029 | 6462 | 11 044 | 14 439 |
| Profit before income tax | -1 | 514 | 2450 | 11 835 | 12 003 | 6459 | 11 033 | 14 438 |
| Profit for the reporting year | -1 | 514 | 2450 | 11 835 | 12 003 | 6459 | 11 033 | 14 438 |
| Labour costs | — | — | — | — | — | — | — | — |
| Depreciation of non-current assets | — | — | — | — | — | — | — | — |
| Other indicators | ||||||||
| Employees | 2 | 2 | 4 | 4 | 5 | 5 | 7 | 9 |
| Calculated dividend | — | 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 "Garage Hive MSP"
Overview
SIA "Garage Hive MSP" (reg. no. 40203152794) is a limited liability company. The company was registered in 2018 and has been in the register for 8 years. Registered address: Rīga, Robežu iela 46.
Financial results
Revenue in 2025 was 782 773 €, up 55,3% on the previous year (504 110 €). From 2018 to 2025, revenue grew by an average of 52,3% per year. This is the company's highest revenue among the published years (2018–2025). Net profit for 2025 was 14 438 € (1,8% of revenue). The company was profitable in 7 of the 8 published years. In 2025 the company had 9 employees (7 a year earlier). Revenue per employee was 86 975 €. At the end of 2025, total assets were 200 203 € and equity 61 531 € (30,7% of assets).
Management and owners
The company has one board member. The sole owner of the company is Garage Hive Limited.
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.