SIA MIPEXActive

40203398293Limited liability companyFounded 2022

Key figures

4 616 093 €-33,2%
Revenue 2025
+569,6%
Average annual growth 2022–2025
02 m4 m6 m8 m2022202320242025

Ratios

2025
Balance sheet structure
Current assetsNon-current assetsLiabilitiesEquity
02 m4 m6 m2022202320242025

Dividends

calculated
2025

Paid out in dividends approximately 50 000 € (2% of equity at the end of the previous year).

Low confidence: the company does not file a cash flow statement, so the amount is an estimate from changes in equity — it may also include other reductions of equity (e.g. a share capital reduction).

History
2025 ~50 000 €
20240 €
20230 €
Summary of financial statements2022–2025
2022202320242025
Balance sheet — assets
Total current assets1 108 3152 518 1653 446 1384 660 831
Total non-current assets79 750183 281134 60398 141
Total assets1 188 0652 701 4463 580 7414 758 972
Balance sheet — liabilities and equity
Current liabilities1 252 7001 343 700725 4861 822 196
Non-current liabilities0050030
Total liabilities1 252 7001 343 700730 4891 822 196
Share capital————
Retained earnings of previous periods————
Profit for the year-64 7351 422 3811 492 506136 524
Total equity-64 6351 357 7462 850 2522 936 776
Income statement
Sales revenue15 3764 091 3576 906 1344 616 093
Operating profit-64 7351 422 3811 492 644149 024
Profit before income tax-64 7351 422 3811 492 644149 024
Profit for the reporting year-64 7351 422 3811 492 506136 524
Labour costs————
Depreciation of non-current assets————
Other indicators
Employees371111
Calculated dividend—0050 000

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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80%20%SIA MIPEX1Travņikovs StaņislavsLitwak Aleksander Mar…
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Summary: SIA MIPEX

Overview

SIA MIPEX (reg. no. 40203398293) is a limited liability company. The company was registered in 2022 and has been in the register for 4 years. Registered address: Daugavpils, Valkas iela 2.

Financial results

Revenue in 2025 was 4 616 093 €, down 33,2% on the previous year (6 906 134 €). From 2022 to 2025, revenue grew by an average of 570% per year. Net profit for 2025 was 136 524 € (3,0% of revenue). The company was profitable in 3 of the 4 published years. In 2025 the company had 11 employees. Revenue per employee was 419 645 €. At the end of 2025, total assets were 4 758 972 € and equity 2 936 776 € (61,7% of assets).

Management and owners

The company has one board member. According to the register, the company has 2 owners. The largest stake (80%) is held by 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.