SIA "GRM"Active

40203424011Limited liability companyFounded 2022

Key figures

1 505 585 €-9,2%
Revenue 2025
+100,0%
Average annual growth 2022–2025
0500 k1 m1,5 m2 m2022202320242025

Ratios

2025
Balance sheet structure
Current assetsNon-current assetsLiabilitiesEquity
0500 k1 m2022202320242025
Summary of financial statements2022–2025
2022202320242025
Balance sheet — assets
Total current assets153 676390 822385 168368 889
Total non-current assets221 01928 31198 27769 560
Total assets374 695419 133483 445438 449
Balance sheet — liabilities and equity
Current liabilities234 403278 668277 968380 212
Non-current liabilities00419 726516 335
Total liabilities234 403278 668697 694896 547
Share capital————
Retained earnings of previous periods————
Profit for the year140 192-159 727-354 715-243 849
Total equity140 292140 465-214 249-458 098
Income statement
Sales revenue188 0691 607 6361 657 9381 505 585
Operating profit139 165-166 632-335 739-217 140
Profit before income tax140 192-159 727-354 715-243 849
Profit for the reporting year140 192-159 727-354 715-243 849
Labour costs————
Depreciation of non-current assets————
Other indicators
Employees2424946
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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100%SIA "GRM"2Baibulov Mukhtar
CompanyPersonShareholderOther roleAdditional link

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Summary: SIA "GRM"

Overview

SIA "GRM" (reg. no. 40203424011) is a limited liability company. The company was registered in 2022 and has been in the register for 4 years. Registered address: Mārupes nov., Babītes pag., "Golfa laukums".

Financial results

Revenue in 2025 was 1 505 585 €, down 9,2% on the previous year (1 657 938 €). From 2022 to 2025, revenue grew by an average of 100% per year. 2025 ended with a loss of 243 849 €. The company was profitable in 1 of the 4 published years. In 2025 the company had 46 employees (49 a year earlier). Revenue per employee was 32 730 €.

Management and owners

The company has one board member. The sole owner of the company is a private individual.

Points to note

Equity was negative at the end of 2025 (-458 098 €).

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.