SIA "Mustang V"Active
Key figures
Ratios
2025Balance sheet structure
Summary of financial statements2010–2025
| 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Balance sheet — assets | ||||||||||||||||
| Total current assets | 7338 | 4973 | 5654 | 4940 | 7030 | 12 027 | 16 098 | 13 816 | 13 245 | 23 166 | 19 202 | 19 571 | 13 178 | 32 836 | 33 508 | 36 317 |
| Total non-current assets | 756 | 291 | 54 | 54 | 76 | 618 | 4059 | 3191 | 2083 | 1275 | 9909 | 9264 | 16 514 | 15 866 | 16 301 | 3040 |
| Total assets | 8094 | 5264 | 5708 | 4994 | 7106 | 12 645 | 20 157 | 17 007 | 15 328 | 24 441 | 29 111 | 28 835 | 29 692 | 48 702 | 49 809 | 39 357 |
| Balance sheet — liabilities and equity | ||||||||||||||||
| Current liabilities | 22 132 | 19 349 | 12 528 | 12 188 | 16 048 | 22 043 | 33 562 | 29 175 | 40 675 | 61 716 | 78 156 | 54 154 | 67 602 | 72 820 | 91 906 | 53 352 |
| Non-current liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total liabilities | 22 132 | 19 349 | 12 528 | 12 188 | 16 048 | 22 043 | 33 562 | 29 175 | 40 675 | 61 716 | 78 156 | 54 154 | 67 602 | 72 820 | 91 906 | 53 352 |
| Share capital | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Retained earnings of previous periods | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Profit for the year | -3678 | -47 | 6935 | -374 | 1763 | -456 | -4007 | 1241 | -13 179 | -11 929 | -11 770 | 23 726 | -12 591 | 13 792 | -17 979 | 28 102 |
| Total equity | -14 038 | -14 085 | -7150 | -7524 | -8942 | -9398 | -13 405 | -12 168 | -25 347 | -37 275 | -49 045 | -25 319 | -37 910 | -24 118 | -42 097 | -13 995 |
| Income statement | ||||||||||||||||
| Sales revenue | 3291 | 9222 | 13 015 | 3777 | 7991 | 11 482 | 19 045 | 28 513 | 14 659 | 10 886 | 8650 | 6399 | 15 996 | 61 402 | 20 177 | 102 784 |
| Operating profit | -3479 | 8 | 6954 | -353 | 1777 | 635 | -3844 | 1395 | -12 760 | -11 437 | -11 158 | 24 139 | -11 521 | 14 808 | -17 860 | 29 571 |
| Profit before income tax | -3678 | -47 | 6935 | -374 | 1763 | 577 | -4007 | 1241 | -13 179 | -11 929 | -11 770 | 23 726 | -12 541 | 13 792 | -17 979 | 28 102 |
| Profit for the reporting year | -3678 | -47 | 6935 | -374 | 1763 | -456 | -4007 | 1241 | -13 179 | -11 929 | -11 770 | 23 726 | -12 591 | 13 792 | -17 979 | 28 102 |
| Labour costs | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Depreciation of non-current assets | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Other indicators | ||||||||||||||||
| Employees | 3 | 3 | 3 | 2 | 2 | 2 | 3 | 3 | 5 | 4 | 5 | 1 | 1 | 1 | 1 | 3 |
| Calculated dividend | — | 0 | 0 | 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: SIA "Mustang V"
Overview
SIA "Mustang V" (reg. no. 42103042602) is a limited liability company. The company was registered in 2007 and has been in the register for 19 years. Registered address: Liepāja, Atmodas bulvāris 16.
Financial results
Revenue in 2025 was 102 784 €, up 409% on the previous year (20 177 €). From 2010 to 2025, revenue grew by an average of 25,8% per year. This is the company's highest revenue among the published years (2010–2025). Net profit for 2025 was 28 102 € (27,3% of revenue). The company was profitable in 6 of the 16 published years. In 2025 the company had 3 employees (1 a year earlier). Revenue per employee was 34 261 €.
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 (-13 995 €).
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.