SIA Merito Management AIFPActive

40203412258Limited liability companyFounded 2022

Key figures

1 037 329 €+35,5%
Revenue 2025
+35,3%
Average annual growth 2023–2025
0500 k1 m1,5 m202320242025

Ratios

2025
Balance sheet structure
Current assetsNon-current assetsLiabilitiesEquity
0500 k1 m1,5 m202320242025
Summary of financial statements2023–2025
202320242025
Balance sheet — assets
Total current assets75 516680 754824 957
Total non-current assets00635 985
Total assets75 516680 7541 460 942
Balance sheet — liabilities and equity
Current liabilities134 683507 425370 481
Non-current liabilities000
Total liabilities134 683507 425370 481
Share capital———
Retained earnings of previous periods———
Profit for the year-109 167-67 504917 132
Total equity-59 167173 3291 090 461
Income statement
Sales revenue567 023765 5621 037 329
Operating profit-109 167-67 504917 145
Profit before income tax-109 167-67 504917 145
Profit for the reporting year-109 167-67 504917 132
Labour costs———
Depreciation of non-current assets———
Other indicators
Employees343
Calculated dividend—00

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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100%0%0%0%0%0%0%SIA Merito Management…SIA Merito Private Eq…5Janvars Mikus7Baumanis Mārtiņš2Pizičs Jānis1Kesenfelds Aigars4Kuzmins Staņislavs2Vainovskis Oskars
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Summary: SIA Merito Management AIFP

Overview

SIA Merito Management AIFP (reg. no. 40203412258) 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 1 037 329 €, up 35,5% on the previous year (765 562 €). From 2023 to 2025, revenue grew by an average of 35,3% per year. Net profit for 2025 was 917 132 € (88,4% of revenue). The company was profitable in 1 of the 3 published years. In 2025 the company had 3 employees (4 a year earlier). Revenue per employee was 345 776 €. At the end of 2025, total assets were 1 460 942 € and equity 1 090 461 € (74,6% of assets).

Management and owners

The board has 3 members. According to the register, the company has 7 owners. The largest stake (100%) is held by SIA Merito Private Equity.

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.