SIA "MI2 development"Active

40203274580Limited liability companyFounded 2020

Key figures

1 903 468 €+151,6%
Revenue 2025
0500 k1 m1,5 m2 m20212022202320242025

Ratios

2025
Balance sheet structure
Current assetsNon-current assetsLiabilitiesEquity
02 m4 m20212022202320242025
Summary of financial statements2021–2025
20212022202320242025
Balance sheet — assets
Total current assets1 914 1723 062 9852 182 483790 465195 972
Total non-current assets7848445 1191 260 040569 726
Total assets1 914 2503 063 0332 627 6022 050 505765 698
Balance sheet — liabilities and equity
Current liabilities1 205 4621 715 8682 382 0451 888 940395 154
Non-current liabilities714 1181 400 000000
Total liabilities1 919 5803 115 8682 382 0451 888 940395 154
Share capital—————
Retained earnings of previous periods—————
Profit for the year-8130-47 505298 392-83 992208 978
Total equity-5330-52 835245 557161 565370 544
Income statement
Sales revenue001 193 151756 5351 903 468
Operating profit-8075-47 505288 912-5143215 208
Profit before income tax-8130-47 505298 392-66 931216 382
Profit for the reporting year-8130-47 505298 392-83 992208 978
Labour costs—————
Depreciation of non-current assets—————
Other indicators
Employees10111
Calculated dividend—0000

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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40%40%20%SIA "MI2 development"Sabiedrība ar ierobež…Sabiedrība ar ierobež…"IVN Invest" SIA2Dzirkals Pēteris
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Summary: SIA "MI2 development"

Overview

SIA "MI2 development" (reg. no. 40203274580) is a limited liability company. The company was registered in 2020 and has been in the register for 5 years. Registered address: Ropažu nov., Garkalnes pag., Baltezers, Annas iela 9.

Financial results

Revenue in 2025 was 1 903 468 €, up 152% on the previous year (756 535 €). This is the company's highest revenue among the published years (2021–2025). Net profit for 2025 was 208 978 € (11,0% of revenue). The company was profitable in 2 of the 5 published years. In 2025 the company had 1 employees. Revenue per employee was 1 903 468 €. At the end of 2025, total assets were 765 698 € and equity 370 544 € (48,4% of assets).

Management and owners

The company has one board member. According to the register, the company has 3 owners. The largest stake (40%) is held by Sabiedrība ar ierobežotu atbildību "D63".

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.