SIA "ML BALTIC"Active

40203400371Limited liability companyFounded 2022

Key figures

536 230 €+1049,7%
Revenue 2025
+1113,6%
Average annual growth 2022–2025
0200 k400 k600 k2022202320242025

Ratios

2025
Balance sheet structure
Current assetsNon-current assetsLiabilitiesEquity
0250 k500 k750 k2022202320242025
Summary of financial statements2022–2025
2022202320242025
Balance sheet — assets
Total current assets309144932 214214 232
Total non-current assets35152775743530 978
Total assets3824422432 957745 210
Balance sheet — liabilities and equity
Current liabilities05041 751480 126
Non-current liabilities000250 000
Total liabilities05041 751730 126
Share capital————
Retained earnings of previous periods————
Profit for the year64350-16 72823 877
Total equity38244174-879415 084
Income statement
Sales revenue300120046 640536 230
Operating profit64400-16 72823 877
Profit before income tax64400-16 72823 877
Profit for the reporting year64350-16 72823 877
Labour costs————
Depreciation of non-current assets————
Other indicators
Employees0013
Calculated dividend—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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50%50%SIA "ML BALTIC"1Kiops ĒriksSIA Olaine Industrial…4Šatilovs Romans
CompanyPersonShareholderOther roleAdditional link

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Summary: SIA "ML BALTIC"

Overview

SIA "ML BALTIC" (reg. no. 40203400371) is a limited liability company. The company was registered in 2022 and has been in the register for 4 years. Registered address: Rīga, Durbes iela 8.

Financial results

Revenue in 2025 was 536 230 €, up 1050% on the previous year (46 640 €). From 2022 to 2025, revenue grew by an average of 1114% per year. This is the company's highest revenue among the published years (2022–2025). Net profit for 2025 was 23 877 € (4,5% of revenue). The company was profitable in 3 of the 4 published years. In 2025 the company had 3 employees (1 a year earlier). Revenue per employee was 178 743 €. At the end of 2025, total assets were 745 210 € and equity 15 084 € (2,0% of assets).

Management and owners

The company has one board member. According to the register, the company has 2 owners. The largest stake (50%) 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.