SIA "MDM development"Active
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 | 219 115 | 835 765 | 184 789 | 130 381 | 107 652 | 103 237 | 100 954 |
| Total non-current assets | 0 | 0 | 37 295 | 21 577 | 3524 | 325 | 0 |
| Total assets | 219 115 | 835 765 | 222 084 | 151 958 | 111 176 | 103 562 | 100 954 |
| Balance sheet — liabilities and equity | |||||||
| Current liabilities | 29 014 | 18 753 | 9062 | 12 431 | 9002 | 8870 | 10 885 |
| Non-current liabilities | 50 000 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total liabilities | 79 014 | 18 753 | 9062 | 12 431 | 9002 | 8870 | 10 885 |
| Share capital | — | — | — | — | — | — | — |
| Retained earnings of previous periods | — | — | — | — | — | — | — |
| Profit for the year | 137 301 | 814 212 | -63 990 | -33 495 | -19 353 | -7483 | -4623 |
| Total equity | 140 101 | 817 012 | 213 022 | 139 527 | 102 174 | 94 692 | 90 069 |
| Income statement | |||||||
| Sales revenue | 212 240 | 1 333 381 | 164 982 | 74 300 | 600 | 0 | 0 |
| Operating profit | 137 301 | 848 537 | 71 010 | -20 120 | -14 853 | -7433 | -4573 |
| Profit before income tax | 137 301 | 848 537 | 71 010 | -20 120 | -14 853 | -7433 | -4573 |
| Profit for the reporting year | 137 301 | 814 212 | -63 990 | -33 495 | -19 353 | -7483 | -4623 |
| Labour costs | — | — | — | — | — | — | — |
| Depreciation of non-current assets | — | — | — | — | — | — | — |
| Other indicators | |||||||
| Employees | 0 | 1 | 1 | 0 | 0 | 0 | 0 |
| Calculated dividend | — | 137 301 | 540 000 | 40 000 | 18 000 | 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.
Connections graph
Click a node to see its other connections.
Related companies
Summary: SIA "MDM development"
Overview
SIA "MDM development" (reg. no. 40203203944) is a limited liability company. The company was registered in 2019 and has been in the register for 7 years. Registered address: Rīga, Kokneses prospekts 15A.
Financial results
There was no revenue in 2025. 2025 ended with a loss of 4623 €. The company was profitable in 2 of the 7 published years. According to the report, the company had no employees in 2025. At the end of 2025, total assets were 100 954 € and equity 90 069 € (89,2% of assets).
Management and owners
The company has one board member. According to the register, the company has 2 owners. The largest stake (50%) 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.