Sabiedrība ar ierobežotu atbildību "MERIT Co."Active
Key figures
Ratios
2025Balance sheet structure
Summary of financial statements2022–2025
| 2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|
| Balance sheet — assets | ||||
| Total current assets | 12 061 | 133 840 | 234 828 | 178 758 |
| Total non-current assets | 1242 | 48 663 | 16 151 | 10 919 |
| Total assets | 13 303 | 182 503 | 250 979 | 189 677 |
| Balance sheet — liabilities and equity | ||||
| Current liabilities | 11 079 | 250 561 | 229 269 | 163 805 |
| Non-current liabilities | 0 | 0 | 0 | 0 |
| Total liabilities | 11 079 | 250 561 | 229 269 | 163 805 |
| Share capital | — | — | — | — |
| Retained earnings of previous periods | — | — | — | — |
| Profit for the year | 2223 | -70 859 | 89 768 | 4162 |
| Total equity | 2224 | -68 058 | 21 710 | 25 872 |
| Income statement | ||||
| Sales revenue | 31 091 | 1 187 812 | 727 367 | 463 706 |
| Operating profit | 3524 | -47 843 | 89 768 | 4145 |
| Profit before income tax | 2223 | -47 843 | 89 768 | 4162 |
| Profit for the reporting year | 2223 | -70 859 | 89 768 | 4162 |
| Labour costs | — | — | — | — |
| Depreciation of non-current assets | — | — | — | — |
| Other indicators | ||||
| Employees | 3 | 7 | 10 | 9 |
| 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: Sabiedrība ar ierobežotu atbildību "MERIT Co."
Overview
Sabiedrība ar ierobežotu atbildību "MERIT Co." (reg. no. 40203403397) is a limited liability company. The company was registered in 2022 and has been in the register for 4 years. Registered address: Rīga, Ganību dambis 22D.
Financial results
Revenue in 2025 was 463 706 €, down 36,2% on the previous year (727 367 €). From 2022 to 2025, revenue grew by an average of 146% per year. Net profit for 2025 was 4162 € (0,9% of revenue). The company was profitable in 3 of the 4 published years. In 2025 the company had 9 employees (10 a year earlier). Revenue per employee was 51 523 €. At the end of 2025, total assets were 189 677 € and equity 25 872 € (13,6% 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.