SIA "MILZO Latvia"Active
Key figures
Ratios
2025Balance sheet structure
Summary of financial statements2022–2025
| 2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|
| Balance sheet — assets | ||||
| Total current assets | 51 634 | 406 826 | 254 777 | 80 695 |
| Total non-current assets | 964 | 494 | 51 | 379 |
| Total assets | 52 598 | 407 320 | 254 828 | 81 074 |
| Balance sheet — liabilities and equity | ||||
| Current liabilities | 70 765 | 498 150 | 375 001 | 115 943 |
| Non-current liabilities | 0 | 0 | 0 | 0 |
| Total liabilities | 70 765 | 498 150 | 375 001 | 115 943 |
| Share capital | — | — | — | — |
| Retained earnings of previous periods | — | — | — | — |
| Profit for the year | -21 167 | -72 663 | -29 343 | 85 304 |
| Total equity | -18 167 | -90 830 | -120 173 | -34 869 |
| Income statement | ||||
| Sales revenue | 59 338 | 306 584 | 315 611 | 699 135 |
| Operating profit | -21 167 | -41 369 | 15 977 | 96 095 |
| Profit before income tax | -21 167 | -72 663 | -29 343 | 85 304 |
| Profit for the reporting year | -21 167 | -72 663 | -29 343 | 85 304 |
| Labour costs | — | — | — | — |
| Depreciation of non-current assets | — | — | — | — |
| Other indicators | ||||
| Employees | 2 | 2 | 2 | 2 |
| Calculated dividend | — | 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 "MILZO Latvia"
Overview
SIA "MILZO Latvia" (reg. no. 40203340104) is a limited liability company. The company was registered in 2021 and has been in the register for 5 years. Registered address: Rīga, Krišjāņa Valdemāra iela 73 - 7.
Financial results
Revenue in 2025 was 699 135 €, up 122% on the previous year (315 611 €). From 2022 to 2025, revenue grew by an average of 128% per year. This is the company's highest revenue among the published years (2022–2025). Net profit for 2025 was 85 304 € (12,2% of revenue). The company was profitable in 1 of the 4 published years. In 2025 the company had 2 employees. Revenue per employee was 349 568 €.
Management and owners
The company has one board member. The sole owner of the company is Akciju sabiedrība "MILZO Group".
Points to note
Equity was negative at the end of 2025 (-34 869 €).
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.