Sabiedrība ar ierobežotu atbildību "M-Tires"Active

43603028900Limited liability companyFounded 2006

Key figures

1 087 854 €-1,8%
Revenue 2025
+19,6%
Average annual growth 2010–2025
0500 k1 m1,5 m’10’11’12’13’14’15’16’17’18’19’20’21’22’23’24’25

Ratios

2025
Balance sheet structure
Current assetsNon-current assetsLiabilitiesEquity
0500 k1 m1,5 m’10’11’12’13’14’15’16’17’18’19’20’21’22’23’24’25

Dividends

calculated
2025

No dividends were paid.

History
20250 €
20240 €
20230 €
20220 €
20210 €
20200 €
2019 ~30 714 €
2018 ~52 340 €
2017 ~10 001 €
20160 €
20150 €
20140 €
20130 €
20120 €
20110 €
Summary of financial statements2010–2025
2010201120122013201420152016201720182019202020212022202320242025
Balance sheet — assets
Total current assets23 06944 91874 34570 46084 247136 988213 240190 791278 722292 914310 365318 726361 025393 565429 175470 646
Total non-current assets15 42725 45395 14270 450196 795272 447196 100195 911173 652130 933133 675172 682148 856242 716473 103660 295
Total assets38 49670 371169 487140 910281 042409 435409 340386 702452 374423 847444 040491 408509 881636 281902 2781 130 941
Balance sheet — liabilities and equity
Current liabilities12 94927 29443 94031 29153 902181 793148 026134 409197 299264 689188 716223 774180 934203 938422 892328 342
Non-current liabilities30 80853 343132 292107 189157 787150 170156 154126 437148 01165 125114 25090 135111 488179 665195 950351 920
Total liabilities43 75780 637176 232138 480211 689331 963304 180260 846345 310329 814302 966313 909292 422383 603618 842680 262
Share capital————————————————
Retained earnings of previous periods————————————————
Profit for the year-2070-50053521917665 895811927 68830 69733 54817 68347 04136 42539 96035 21930 758120 085
Total equity-5261-10 266-6745243069 35377 472105 160125 856107 06494 033141 074177 499217 459252 678283 436450 679
Income statement
Sales revenue73 974105 244189 391269 656576 543771 583782 774801 722939 716805 690929 778986 694976 7401 178 0341 107 9181 087 854
Operating profit-2026-5005501212 02684 65814 86337 46639 23033 71422 66255 11242 50946 07241 53643 986141 738
Profit before income tax-2070-50053521917680 712971231 82433 59433 54817 68347 04136 60040 69835 21931 951120 435
Profit for the reporting year-2070-50053521917665 895811927 68830 69733 54817 68347 04136 42539 96035 21930 758120 085
Labour costs————————————————
Depreciation of non-current assets————————————————
Other indicators
Employees972012112219141313141314141418
Calculated dividend—00000010 00152 34030 714000000

A dash (—) means the report has not been filed or the line is not reported; 0 is a zero stated in the report.

Connections graph

Click a node to see its other connections.

100%Sabiedrība ar ierobež…1Ivanovs Mārtiņš
CompanyPersonShareholderOther roleAdditional link

Related companies

Shared members or board members

Summary: Sabiedrība ar ierobežotu atbildību "M-Tires"

Overview

Sabiedrība ar ierobežotu atbildību "M-Tires" (reg. no. 43603028900) is a limited liability company. The company was registered in 2006 and has been in the register for 19 years. Registered address: Jelgava, Lietuvas šoseja 8 - 1.

Financial results

Revenue in 2025 was 1 087 854 €, down 1,8% on the previous year (1 107 918 €). From 2010 to 2025, revenue grew by an average of 19,6% per year. Net profit for 2025 was 120 085 € (11,0% of revenue). The company was profitable in 14 of the 16 published years. In 2025 the company had 18 employees (14 a year earlier). Revenue per employee was 60 436 €. At the end of 2025, total assets were 1 130 941 € and equity 450 679 € (39,8% 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.