SIA "M2D"Active

40203314648Limited liability companyFounded 2021

Key figures

342 630 €+1187,2%
Revenue 2025
+69,0%
Average annual growth 2021–2025
0100 k200 k300 k400 k20212022202320242025

Ratios

2025
Balance sheet structure
Current assetsNon-current assetsLiabilitiesEquity
0100 k200 k300 k20212022202320242025
Summary of financial statements2021–2025
20212022202320242025
Balance sheet — assets
Total current assets5622265962436 58864 604
Total non-current assets74 28562 00949 73348 819180 166
Total assets74 84764 27459 35785 407244 770
Balance sheet — liabilities and equity
Current liabilities33 81323 92520 68921 36180 659
Non-current liabilities05375327519 31579 078
Total liabilities33 81329 30023 96440 676159 737
Share capital—————
Retained earnings of previous periods—————
Profit for the year38 234-6060419933840 302
Total equity41 03434 97435 39344 73185 033
Income statement
Sales revenue42 000535116 49026 619342 630
Operating profit38 359-6010419824640 302
Profit before income tax38 234-6010419933840 302
Profit for the reporting year38 234-6060419933840 302
Labour costs—————
Depreciation of non-current assets—————
Other indicators
Employees11114
Calculated dividend—0000

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100%SIA "M2D"3Ivanovs Dāvis
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Summary: SIA "M2D"

Overview

SIA "M2D" (reg. no. 40203314648) is a limited liability company. The company was registered in 2021 and has been in the register for 5 years. Registered address: Madonas nov., Kalsnavas pag., Jaunkalsnava, Vesetas iela 18 - 7.

Financial results

Revenue in 2025 was 342 630 €, up 1187% on the previous year (26 619 €). From 2021 to 2025, revenue grew by an average of 69,0% per year. This is the company's highest revenue among the published years (2021–2025). Net profit for 2025 was 40 302 € (11,8% of revenue). The company was profitable in 4 of the 5 published years. In 2025 the company had 4 employees (1 a year earlier). Revenue per employee was 85 658 €. At the end of 2025, total assets were 244 770 € and equity 85 033 € (34,7% 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.