SIA "Kvintets M"Active
Key figures
Ratios
2025Balance sheet structure
Dividends
calculatedPaid out in dividends approximately 56 400 € (4% 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 statements2008–2025
| 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Balance sheet — assets | ||||||||||||||||||
| Total current assets | 14 077 | 6017 | 20 320 | 72 346 | 48 842 | 71 454 | 204 568 | 273 415 | 138 397 | 320 737 | 418 831 | 666 954 | 1 091 970 | 1 264 890 | 1 025 496 | 2 785 827 | 2 042 182 | 1 540 216 |
| Total non-current assets | 20 135 | 16 472 | 26 576 | 56 566 | 71 234 | 151 760 | 292 753 | 329 008 | 355 426 | 324 814 | 284 587 | 491 997 | 221 220 | 186 547 | 155 667 | 207 236 | 169 452 | 403 888 |
| Total assets | 34 212 | 22 489 | 46 896 | 128 912 | 120 076 | 223 214 | 497 321 | 602 423 | 493 823 | 645 551 | 703 418 | 1 158 951 | 1 313 190 | 1 451 437 | 1 181 163 | 2 993 063 | 2 211 634 | 1 944 104 |
| Balance sheet — liabilities and equity | ||||||||||||||||||
| Current liabilities | 4659 | 150 | 11 242 | 65 602 | 40 434 | 89 961 | 144 567 | 254 260 | 152 218 | 324 552 | 410 878 | 598 826 | 999 404 | 1 191 879 | 921 592 | 2 094 018 | 346 569 | 212 474 |
| Non-current liabilities | 14 120 | 18 187 | 15 673 | 20 538 | 13 294 | 11 350 | 19 681 | 15 752 | 56 913 | 99 357 | 85 474 | 456 013 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total liabilities | 18 779 | 18 337 | 26 915 | 86 140 | 53 728 | 101 311 | 164 248 | 270 012 | 209 131 | 423 909 | 496 352 | 1 054 839 | 999 404 | 1 191 879 | 921 592 | 2 094 018 | 346 569 | 212 474 |
| Share capital | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Retained earnings of previous periods | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Profit for the year | 9981 | -3280 | 15 829 | 22 791 | 23 576 | 48 237 | 144 073 | 153 056 | 92 353 | 129 142 | 162 187 | 56 777 | 255 566 | -10 007 | 134 951 | 699 118 | 806 293 | 95 344 |
| Total equity | 15 433 | 4152 | 19 981 | 42 772 | 66 348 | 114 585 | 307 112 | 290 168 | 262 521 | 198 721 | 166 705 | 90 061 | 259 627 | 234 620 | 259 571 | 779 689 | 1 303 982 | 1 342 926 |
| Income statement | ||||||||||||||||||
| Sales revenue | 67 080 | 17 949 | 112 927 | 362 188 | 394 803 | 713 742 | 1 510 969 | 2 785 015 | 1 745 934 | 2 553 979 | 2 973 843 | 2 809 802 | 3 452 316 | 2 024 000 | 2 845 663 | 4 639 991 | 5 221 504 | 1 695 524 |
| Operating profit | 11 454 | -2576 | 20 942 | 26 751 | 35 620 | 68 354 | 179 059 | 201 134 | 104 705 | 154 614 | 168 950 | 84 666 | 281 315 | 212 | 164 144 | 743 868 | 877 018 | 109 606 |
| Profit before income tax | 11 121 | -3280 | 17 610 | 25 448 | 26 546 | 62 194 | 174 254 | 189 831 | 108 038 | 153 218 | 162 187 | 77 808 | 277 076 | -6257 | 162 451 | 743 868 | 877 018 | 109 606 |
| Profit for the reporting year | 9981 | -3280 | 15 829 | 22 791 | 23 576 | 48 237 | 144 073 | 153 056 | 92 353 | 129 142 | 162 187 | 56 777 | 255 566 | -10 007 | 134 951 | 699 118 | 806 293 | 95 344 |
| Labour costs | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Depreciation of non-current assets | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Other indicators | ||||||||||||||||||
| Employees | 7 | 6 | 10 | 20 | 25 | 38 | 56 | 57 | 41 | 52 | 43 | 38 | 35 | 27 | 24 | 31 | 41 | 25 |
| Calculated dividend | 0 | 8001 | 0 | 0 | 0 | 0 | 0 | 170 000 | 120 000 | 192 942 | 194 203 | 133 421 | 86 000 | 15 000 | 110 000 | 179 000 | 282 000 | 56 400 |
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 "Kvintets M"
Overview
SIA "Kvintets M" (reg. no. 43603027515) is a limited liability company. The company was registered in 2006 and has been in the register for 20 years. Registered address: Bauskas nov., Īslīces pag., Rītausmas, "Rumbas".
Financial results
Revenue in 2025 was 1 695 524 €, down 67,5% on the previous year (5 221 504 €). From 2008 to 2025, revenue grew by an average of 20,9% per year. Net profit for 2025 was 95 344 € (5,6% of revenue). The company was profitable in 16 of the 18 published years. In 2025 the company had 25 employees (41 a year earlier). Revenue per employee was 67 821 €. At the end of 2025, total assets were 1 944 104 € and equity 1 342 926 € (69,1% of assets).
Management and owners
The company has one board member. The sole owner of the company is 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.