SIA 2M STEELSActive
Key figures
Ratios
2025Balance sheet structure
Summary of financial statements2021–2025
| 2021 | 2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|---|
| Balance sheet — assets | |||||
| Total current assets | 2779 | 2714 | 96 419 | 119 495 | 250 561 |
| Total non-current assets | 0 | 0 | 0 | 18 095 | 184 837 |
| Total assets | 2779 | 2714 | 96 419 | 137 590 | 435 398 |
| Balance sheet — liabilities and equity | |||||
| Current liabilities | 0 | 50 | 12 803 | 4153 | 28 429 |
| Non-current liabilities | 135 | 135 | 4635 | 4635 | 109 672 |
| Total liabilities | 135 | 185 | 17 438 | 8788 | 138 101 |
| Share capital | — | — | — | — | — |
| Retained earnings of previous periods | — | — | — | — | — |
| Profit for the year | -156 | -115 | 76 452 | 49 821 | 168 495 |
| Total equity | 2644 | 2529 | 78 981 | 128 802 | 297 297 |
| Income statement | |||||
| Sales revenue | 0 | 0 | 185 698 | 316 879 | 812 503 |
| Operating profit | -156 | -65 | 76 452 | 49 821 | 168 595 |
| Profit before income tax | -156 | -65 | 76 452 | 49 821 | 168 495 |
| Profit for the reporting year | -156 | -115 | 76 452 | 49 821 | 168 495 |
| Labour costs | — | — | — | — | — |
| Depreciation of non-current assets | — | — | — | — | — |
| Other indicators | |||||
| Employees | 0 | 0 | 8 | 12 | 15 |
| 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 2M STEELS
Overview
SIA 2M STEELS (reg. no. 40203288862) is a limited liability company. The company was registered in 2021 and has been in the register for 5 years. Registered address: Ogres nov., Ogresgala pag., Ciemupe, Krastmalas iela 22.
Financial results
Revenue in 2025 was 812 503 €, up 156% on the previous year (316 879 €). This is the company's highest revenue among the published years (2021–2025). Net profit for 2025 was 168 495 € (20,7% of revenue). The company was profitable in 3 of the 5 published years. In 2025 the company had 15 employees (12 a year earlier). Revenue per employee was 54 167 €. At the end of 2025, total assets were 435 398 € and equity 297 297 € (68,3% 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.