SIA GMG HidroActive

40203438558Limited liability companyFounded 2022

Key figures

24 000 €+50,0%
Revenue 2024
+50,0%
Average annual growth 2023–2024
010 k20 k30 k20232024

Ratios

2024
Balance sheet structure
Current assetsNon-current assetsLiabilitiesEquity
020 k40 k60 k20232024

Dividends

calculated
2024

Paid out in dividends approximately 10 450 € (55% 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 statements2023–2024
20232024
Balance sheet — assets
Total current assets16 0512139
Total non-current assets40 98040 980
Total assets57 03143 119
Balance sheet — liabilities and equity
Current liabilities38 150506
Non-current liabilities00
Total liabilities38 150506
Share capital——
Retained earnings of previous periods——
Profit for the year16 16834 182
Total equity18 88142 613
Income statement
Sales revenue16 00024 000
Operating profit16 21834 234
Profit before income tax16 21834 234
Profit for the reporting year16 16834 182
Labour costs——
Depreciation of non-current assets——
Other indicators
Employees00
Calculated dividend—10 450

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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50,04%49,96%49,98%49,93%SIA GMG Hidro4Gotlībs GuntarsSIA GMG ieguldījumiSIA GO Hidro
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Summary: SIA GMG Hidro

Overview

SIA GMG Hidro (reg. no. 40203438558) is a limited liability company. The company was registered in 2022 and has been in the register for 4 years. Registered address: Rīga, Madonas iela 2 - 28.

Financial results

Revenue in 2024 was 24 000 €, up 50,0% on the previous year (16 000 €). Net profit for 2024 was 34 182 € (142% of revenue). According to the report, the company had no employees in 2024. At the end of 2024, total assets were 43 119 € and equity 42 613 € (98,8% 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. The company holds a stake in one other active Latvian company.

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.