SIA Merito Real Estate Management AIFPActive
Key figures
Ratios
2025Balance sheet structure
Summary of financial statements2023–2025
| 2023 | 2024 | 2025 | |
|---|---|---|---|
| Balance sheet — assets | |||
| Total current assets | 15 931 | 54 973 | 727 769 |
| Total non-current assets | 0 | 45 000 | 220 015 |
| Total assets | 15 931 | 99 973 | 947 784 |
| Balance sheet — liabilities and equity | |||
| Current liabilities | 32 505 | 136 482 | 635 603 |
| Non-current liabilities | 0 | 0 | 0 |
| Total liabilities | 32 505 | 136 482 | 635 603 |
| Share capital | — | — | — |
| Retained earnings of previous periods | — | — | — |
| Profit for the year | -36 574 | -19 935 | 348 690 |
| Total equity | -16 574 | -36 509 | 312 181 |
| Income statement | |||
| Sales revenue | 22 058 | 156 808 | 395 199 |
| Operating profit | -36 574 | -19 935 | 347 006 |
| Profit before income tax | -36 574 | -19 935 | 348 690 |
| Profit for the reporting year | -36 574 | -19 935 | 348 690 |
| Labour costs | — | — | — |
| Depreciation of non-current assets | — | — | — |
| Other indicators | |||
| Employees | 1 | 1 | 1 |
| Calculated dividend | — | 0 | 0 |
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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Related companies
- SIA Merito Capital SPV 18 — 100%
- SIA "Central Residence" — 85%
- SIA Graudu 51 — 80%
Summary: SIA Merito Real Estate Management AIFP
Overview
SIA Merito Real Estate Management AIFP (reg. no. 40203440887) is a limited liability company. The company was registered in 2022 and has been in the register for 3 years. Registered address: Rīga, Roberta Hirša iela 1.
Financial results
Revenue in 2025 was 395 199 €, up 152% on the previous year (156 808 €). From 2023 to 2025, revenue grew by an average of 323% per year. Net profit for 2025 was 348 690 € (88,2% of revenue). The company was profitable in 1 of the 3 published years. In 2025 the company had 1 employees. Revenue per employee was 395 199 €. At the end of 2025, total assets were 947 784 € and equity 312 181 € (32,9% of assets).
Management and owners
The board has 4 members. According to the register, the company has 5 owners. The largest stake (100%) is held by SIA Merito Private Equity. The company holds stakes in 3 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 02.11.2026. Changes, averages and ratios are calculated by entity.lv from open data and are not an official assessment.