MB Motors SIAActive

40203165144Limited liability companyFounded 2018

Key figures

849 136 €+87,8%
Revenue 2025
+85,3%
Average annual growth 2018–2025
0250 k500 k750 k1 m20182019202020212022202320242025

Ratios

2025
Balance sheet structure
Current assetsNon-current assetsLiabilitiesEquity
0100 k200 k20182019202020212022202320242025

Dividends

calculated
2025

Paid out in dividends approximately 30 938 € (86% of equity at the end of the previous year).

Low confidence: the company does not file a cash flow statement, so the amount is an estimate from changes in equity — it may also include other reductions of equity (e.g. a share capital reduction).

History
2025 ~30 938 €
20240 €
20230 €
20220 €
20210 €
20200 €
20190 €
Summary of financial statements2018–2025
20182019202020212022202320242025
Balance sheet — assets
Total current assets3771275126041926725515125 046189 135
Total non-current assets0000202000
Total assets3771275126041926745715125 046189 135
Balance sheet — liabilities and equity
Current liabilities37702667250218768222089 176186 938
Non-current liabilities00000000
Total liabilities37702667250218768222089 176186 938
Share capital————————
Retained earnings of previous periods————————
Profit for the year08318-52-361477935 855-2735
Total equity18410250-7651535 8702197
Income statement
Sales revenue11 31034 80034 20024 90042260452 254849 136
Operating profit1697530351486173-364263935 855-2735
Profit before income tax1697530351486173-360477935 855-2735
Profit for the reporting year08318-52-361477935 855-2735
Labour costs————————
Depreciation of non-current assets————————
Other indicators
Employees555333312
Calculated dividend—00000030 938

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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71,43%28,57%MB Motors SIA1Pančenko NikitaKordumanovs Markuss
CompanyPersonShareholderOther roleAdditional link

Related companies

Summary: MB Motors SIA

Overview

MB Motors SIA (reg. no. 40203165144) is a limited liability company. The company was registered in 2018 and has been in the register for 8 years. Registered address: Rīga, Plēksnes iela 3 - 65.

Financial results

Revenue in 2025 was 849 136 €, up 87,8% on the previous year (452 254 €). From 2018 to 2025, revenue grew by an average of 85,3% per year. This is the company's highest revenue among the published years (2018–2025). 2025 ended with a loss of 2735 €. The company was profitable in 4 of the 8 published years. In 2025 the company had 12 employees (3 a year earlier). Revenue per employee was 70 761 €. At the end of 2025, total assets were 189 135 € and equity 2197 € (1,2% of assets).

Management and owners

The board has 2 members. According to the register, the company has 2 owners. The largest stake (71,4%) is held by a private individual.

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.