SIA Merito PartnersActive

40203406410Limited liability companyFounded 2022

Key figures

1 427 948 €+70,2%
Revenue 2025
+209,7%
Average annual growth 2022–2025
0500 k1 m1,5 m2022202320242025

Ratios

2025
Balance sheet structure
Current assetsNon-current assetsLiabilitiesEquity
01 m2 m3 m2022202320242025
Summary of financial statements2022–2025
2022202320242025
Balance sheet — assets
Total current assets49 334105 9591 435 852711 235
Total non-current assets97 366258 523656 8052 111 662
Total assets146 700364 4822 092 6572 822 897
Balance sheet — liabilities and equity
Current liabilities94 019311 5821 952 8381 505 826
Non-current liabilities0001 205 137
Total liabilities94 019311 5821 952 8382 710 963
Share capital————
Retained earnings of previous periods————
Profit for the year-147 319-338 281-624 581-27 885
Total equity52 68114 400139 819111 934
Income statement
Sales revenue48 092463 434839 0741 427 948
Operating profit-145 234-329 618-613 693-164 807
Profit before income tax-145 234-329 618-617 105-8547
Profit for the reporting year-147 319-338 281-624 581-27 885
Labour costs————
Depreciation of non-current assets————
Other indicators
Employees3789
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.

Connections graph

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67,96%11,78%8,9%7,06%1,79%1,77%0,76%100%100%100%SIA Merito Partners2Kesenfelds Aigars7Baumanis Mārtiņš4Janvars Mikus2Pizičs Jānis3Hartmane Laila2Urbāns KārlisSIA Merito Private Eq…SIA Merito ServicesSIA Merito Capital
CompanyPersonShareholderOther roleAdditional link

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Summary: SIA Merito Partners

Overview

SIA Merito Partners (reg. no. 40203406410) is a limited liability company. The company was registered in 2022 and has been in the register for 4 years. Registered address: Rīga, Roberta Hirša iela 1.

Financial results

Revenue in 2025 was 1 427 948 €, up 70,2% on the previous year (839 074 €). From 2022 to 2025, revenue grew by an average of 210% per year. This is the company's highest revenue among the published years (2022–2025). 2025 ended with a loss of 27 885 €. The company made a loss in all 4 published years. In 2025 the company had 9 employees (8 a year earlier). Revenue per employee was 158 661 €. At the end of 2025, total assets were 2 822 897 € and equity 111 934 € (4,0% of assets).

Management and owners

The board has 2 members. According to the register, the company has 7 owners. The largest stake (68%) is held by a private individual. The company holds stakes in 4 active Latvian companies.

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.