SIA GM EngineeringActive
Key figures
Ratios
2025Balance sheet structure
Dividends
calculatedNo dividends were paid.
Summary of financial statements2019–2025
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|---|---|---|
| Balance sheet — assets | |||||||
| Total current assets | 14 110 | 38 110 | 41 910 | 42 735 | 25 131 | 21 436 | 31 713 |
| Total non-current assets | 3856 | 4508 | 4219 | 31 935 | 65 798 | 66 382 | 66 385 |
| Total assets | 17 966 | 42 618 | 46 129 | 74 670 | 90 929 | 87 818 | 98 098 |
| Balance sheet — liabilities and equity | |||||||
| Current liabilities | 6277 | 4651 | 11 726 | 3787 | 9235 | 12 004 | 16 383 |
| Non-current liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total liabilities | 6277 | 4651 | 11 726 | 3787 | 9235 | 12 004 | 16 383 |
| Share capital | — | — | — | — | — | — | — |
| Retained earnings of previous periods | — | — | — | — | — | — | — |
| Profit for the year | 8699 | 26 278 | -3564 | 36 480 | 18 811 | 1120 | 5901 |
| Total equity | 11 689 | 37 967 | 34 403 | 70 883 | 81 694 | 75 814 | 81 715 |
| Income statement | |||||||
| Sales revenue | 64 846 | 184 241 | 173 846 | 269 125 | 187 964 | 142 388 | 128 157 |
| Operating profit | 8720 | 26 398 | -3309 | 37 234 | 19 652 | 1842 | 6578 |
| Profit before income tax | 8699 | 26 278 | -3564 | 36 480 | 18 811 | 1120 | 5901 |
| Profit for the reporting year | 8699 | 26 278 | -3564 | 36 480 | 18 811 | 1120 | 5901 |
| Labour costs | — | — | — | — | — | — | — |
| Depreciation of non-current assets | — | — | — | — | — | — | — |
| Other indicators | |||||||
| Employees | 1 | 3 | 3 | 3 | 3 | 2 | 2 |
| Calculated dividend | — | 0 | 0 | 0 | 8000 | 7000 | 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 GM Engineering
Overview
SIA GM Engineering (reg. no. 40203188397) is a limited liability company. The company was registered in 2019 and has been in the register for 7 years. Registered address: Ogres nov., Ogre, Akmeņu iela 41.
Financial results
Revenue in 2025 was 128 157 €, down 10,0% on the previous year (142 388 €). From 2019 to 2025, revenue grew by an average of 12,0% per year. Net profit for 2025 was 5901 € (4,6% of revenue). The company was profitable in 6 of the 7 published years. In 2025 the company had 2 employees. Revenue per employee was 64 079 €. At the end of 2025, total assets were 98 098 € and equity 81 715 € (83,3% of assets).
Management and owners
The company has one board member. The sole owner of the company is 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.