Sabiedrība ar ierobežotu atbildību "Milvards"Active
Key figures
Ratios
2025Balance sheet structure
Summary of financial statements2012–2025
| 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Balance sheet — assets | ||||||||||||||
| Total current assets | 8630 | 4639 | 10 391 | 12 589 | 10 420 | 9171 | 5149 | 12 961 | 40 862 | 49 499 | 74 350 | 119 341 | 83 418 | 76 102 |
| Total non-current assets | 4696 | 3692 | 3825 | 2397 | 969 | 351 | 206 | 130 | 22 | 795 | 585 | 1360 | 9556 | 270 |
| Total assets | 13 326 | 8331 | 14 216 | 14 986 | 11 389 | 9522 | 5355 | 13 091 | 40 884 | 50 294 | 74 935 | 120 701 | 92 974 | 76 372 |
| Balance sheet — liabilities and equity | ||||||||||||||
| Current liabilities | 3678 | 2630 | 9422 | 20 701 | 20 102 | 16 497 | 14 993 | 13 738 | 22 927 | 30 875 | 18 615 | 16 365 | 20 557 | 23 370 |
| Non-current liabilities | 16 900 | 24 777 | 48 878 | 53 794 | 74 589 | 87 120 | 23 629 | 31 315 | 55 540 | 53 040 | 86 578 | 121 034 | 90 388 | 79 538 |
| Total liabilities | 20 578 | 27 407 | 58 300 | 74 495 | 94 691 | 103 617 | 38 622 | 45 053 | 78 467 | 83 915 | 105 193 | 137 399 | 110 945 | 102 908 |
| Share capital | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Retained earnings of previous periods | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Profit for the year | -9468 | -11 856 | -17 141 | -15 433 | -24 364 | -10 793 | 61 966 | 1305 | -5621 | 3962 | 3364 | 13 559 | -1273 | -8564 |
| Total equity | -7252 | -19 076 | -44 637 | -60 069 | -84 439 | -95 233 | -33 267 | -31 962 | -37 583 | -33 621 | -30 258 | -16 698 | -17 971 | -26 536 |
| Income statement | ||||||||||||||
| Sales revenue | 1560 | 6640 | 10 922 | 14 938 | 16 686 | 37 947 | 57 317 | 67 399 | 59 722 | 50 636 | 87 141 | 101 234 | 126 863 | 182 149 |
| Operating profit | -9125 | -10 364 | -15 060 | -13 723 | -23 833 | -10 674 | 61 966 | 1305 | -5621 | 3962 | 3364 | 13 559 | -1273 | -8564 |
| Profit before income tax | -9400 | -11 622 | -16 424 | -14 673 | -24 364 | -10 793 | 61 966 | 1305 | -5621 | 3962 | 3364 | 13 559 | -1273 | -8564 |
| Profit for the reporting year | -9468 | -11 856 | -17 141 | -15 433 | -24 364 | -10 793 | 61 966 | 1305 | -5621 | 3962 | 3364 | 13 559 | -1273 | -8564 |
| Labour costs | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Depreciation of non-current assets | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Other indicators | ||||||||||||||
| Employees | 3 | 3 | 3 | 3 | 3 | 5 | 6 | 8 | 8 | 6 | 7 | 7 | 9 | 8 |
| Calculated dividend | — | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 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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Summary: Sabiedrība ar ierobežotu atbildību "Milvards"
Overview
Sabiedrība ar ierobežotu atbildību "Milvards" (reg. no. 41503061281) is a limited liability company. The company was registered in 2012 and has been in the register for 14 years. Registered address: Augšdaugavas nov., Kalkūnes pag., "Kūlīši".
Financial results
Revenue in 2025 was 182 149 €, up 43,6% on the previous year (126 863 €). From 2012 to 2025, revenue grew by an average of 44,2% per year. This is the company's highest revenue among the published years (2012–2025). 2025 ended with a loss of 8564 €. The company was profitable in 5 of the 14 published years. In 2025 the company had 8 employees (9 a year earlier). Revenue per employee was 22 769 €.
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 (-26 536 €).
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.