SIA "Merstach"Active
Key figures
Ratios
2025Balance sheet structure
Dividends
calculatedPaid out in dividends approximately 100 000 € (36% of equity at the end of the previous year).
Low confidence: the company does not file a cash flow statement, so the amount is an estimate from changes in equity — it may also include other reductions of equity (e.g. a share capital reduction).
Summary of financial statements2023–2025
| 2023 | 2024 | 2025 | |
|---|---|---|---|
| Balance sheet — assets | |||
| Total current assets | 92 707 | 262 383 | 119 597 |
| Total non-current assets | 44 362 | 40 098 | 93 719 |
| Total assets | 137 069 | 302 481 | 213 316 |
| Balance sheet — liabilities and equity | |||
| Current liabilities | 8661 | 23 273 | 8770 |
| Non-current liabilities | 0 | 0 | 0 |
| Total liabilities | 8661 | 23 273 | 8770 |
| Share capital | — | — | — |
| Retained earnings of previous periods | — | — | — |
| Profit for the year | 125 608 | 180 800 | 25 338 |
| Total equity | 128 408 | 279 208 | 204 546 |
| Income statement | |||
| Sales revenue | 168 713 | 251 043 | 137 140 |
| Operating profit | 125 608 | 188 300 | 55 160 |
| Profit before income tax | 125 608 | 188 300 | 55 160 |
| Profit for the reporting year | 125 608 | 180 800 | 25 338 |
| Labour costs | — | — | — |
| Depreciation of non-current assets | — | — | — |
| Other indicators | |||
| Employees | 2 | 2 | 2 |
| Calculated dividend | — | 30 000 | 100 000 |
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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Summary: SIA "Merstach"
Overview
SIA "Merstach" (reg. no. 40203431386) is a limited liability company. The company was registered in 2022 and has been in the register for 4 years. Registered address: Rīga, Čiekurkalna 8. šķērslīnija 1B - 327.
Financial results
Revenue in 2025 was 137 140 €, down 45,4% on the previous year (251 043 €). From 2023 to 2025, revenue declined by an average of 9,8% per year. Net profit for 2025 was 25 338 € (18,5% of revenue). The company was profitable in all 3 published years. In 2025 the company had 2 employees. Revenue per employee was 68 570 €. At the end of 2025, total assets were 213 316 € and equity 204 546 € (95,9% 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.