SIA "Millmax"Active
Key figures
Ratios
2025Balance sheet structure
Summary of financial statements2021–2025
| 2021 | 2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|---|
| Balance sheet — assets | |||||
| Total current assets | 426 893 | 612 553 | 625 689 | 411 090 | 989 880 |
| Total non-current assets | 419 710 | 408 567 | 448 764 | 481 800 | 434 892 |
| Total assets | 846 603 | 1 021 120 | 1 074 453 | 892 890 | 1 424 772 |
| Balance sheet — liabilities and equity | |||||
| Current liabilities | 15 591 | 105 429 | 194 334 | 200 471 | 693 660 |
| Non-current liabilities | 1 026 022 | 1 026 398 | 968 000 | 872 303 | 776 000 |
| Total liabilities | 1 041 613 | 1 131 827 | 1 162 334 | 1 072 774 | 1 469 660 |
| Share capital | — | — | — | — | — |
| Retained earnings of previous periods | — | — | — | — | — |
| Profit for the year | -195 510 | 84 303 | 55 915 | -94 303 | 134 996 |
| Total equity | -195 010 | -110 707 | -87 881 | -179 884 | -44 888 |
| Income statement | |||||
| Sales revenue | 220 298 | 1 617 020 | 1 938 342 | 1 786 651 | 2 594 432 |
| Operating profit | -195 510 | 84 303 | 58 831 | -93 943 | 137 584 |
| Profit before income tax | -195 510 | 84 303 | 55 915 | -94 303 | 134 996 |
| Profit for the reporting year | -195 510 | 84 303 | 55 915 | -94 303 | 134 996 |
| Labour costs | — | — | — | — | — |
| Depreciation of non-current assets | — | — | — | — | — |
| Other indicators | |||||
| Employees | 8 | 21 | 28 | 29 | 32 |
| Calculated dividend | — | 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 "Millmax"
Overview
SIA "Millmax" (reg. no. 40203272931) is a limited liability company. The company was registered in 2020 and has been in the register for 5 years. Registered address: Rīga, Ķengaraga iela 1B.
Financial results
Revenue in 2025 was 2 594 432 €, up 45,2% on the previous year (1 786 651 €). From 2021 to 2025, revenue grew by an average of 85,2% per year. This is the company's highest revenue among the published years (2021–2025). Net profit for 2025 was 134 996 € (5,2% of revenue). The company was profitable in 3 of the 5 published years. In 2025 the company had 32 employees (29 a year earlier). Revenue per employee was 81 076 €.
Management and owners
The company has one board member. The sole owner of the company is a private individual.
Points to note
Equity was negative at the end of 2025 (-44 888 €).
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.