SIA MMG Group LtdActive

40203180798Limited liability companyFounded 2018

Key figures

1 866 076 €+0,7%
Revenue 2025
+15,8%
Average annual growth 2019–2025
01 m2 m3 m2019202020212022202320242025

Ratios

2025
Balance sheet structure
Current assetsNon-current assetsLiabilitiesEquity
0200 k400 k600 k2019202020212022202320242025

Dividends

calculated
2025

Paid out in dividends approximately 99 221 € (97% 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 ~99 221 €
2024 ~103 595 €
2023 ~91 857 €
2022 ~140 560 €
2021 ~186 204 €
2020 ~169 441 €
Summary of financial statements2019–2025
2019202020212022202320242025
Balance sheet — assets
Total current assets187 550228 565269 356318 852311 906290 187417 553
Total non-current assets21 35148 17540 13534 28844 84855 14060 859
Total assets208 901276 740309 491353 140356 754345 327478 412
Balance sheet — liabilities and equity
Current liabilities36 46087 536165 931258 283250 159243 106216 144
Non-current liabilities0000008214
Total liabilities36 46087 536165 931258 283250 159243 106224 358
Share capital———————
Retained earnings of previous periods———————
Profit for the year169 441186 204140 56091 857103 59599 221251 054
Total equity172 441189 204143 56094 857106 595102 221254 054
Income statement
Sales revenue774 8811 017 7571 748 7072 182 2802 170 9861 852 4291 866 076
Operating profit173 787234 942347 123582 770484 637379 381500 738
Profit before income tax173 787234 942347 123582 770484 637379 381500 738
Profit for the reporting year169 441186 204140 56091 857103 59599 221251 054
Labour costs———————
Depreciation of non-current assets———————
Other indicators
Employees18263031383533
Calculated dividend—169 441186 204140 56091 857103 59599 221

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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51%39%10%SIA MMG Group Ltd1Petrovskis AleksandrsPetrovskis MaksimsLabeckis Sergejs
CompanyPersonShareholderOther roleAdditional link

Related companies

Shared members or board members
Same registered address

Summary: SIA MMG Group Ltd

Overview

SIA MMG Group Ltd (reg. no. 40203180798) is a limited liability company. The company was registered in 2018 and has been in the register for 7 years. Registered address: Rīga, Mārkalnes iela 10H.

Financial results

Revenue in 2025 was 1 866 076 €, up 0,7% on the previous year (1 852 429 €). From 2019 to 2025, revenue grew by an average of 15,8% per year. Net profit for 2025 was 251 054 € (13,5% of revenue). The company was profitable in all 7 published years. In 2025 the company had 33 employees (35 a year earlier). Revenue per employee was 56 548 €. At the end of 2025, total assets were 478 412 € and equity 254 054 € (53,1% of assets).

Management and owners

The company has one board member. According to the register, the company has 3 owners. The largest stake (51%) 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.