"MEŽVALDE AD" SIAActive
Key figures
Ratios
2025Balance sheet structure
Dividends
calculatedNo dividends were paid.
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 | 424 559 | 523 453 | 470 895 | 644 758 | 1 047 992 | 978 944 | 1 156 693 | 1 126 094 | 1 569 804 | 1 017 844 | 1 188 901 | 1 217 098 | 1 705 304 | 1 196 789 | 950 516 | 1 253 061 |
| Total non-current assets | 709 557 | 739 322 | 724 682 | 963 364 | 1 241 943 | 1 261 412 | 1 100 033 | 1 055 914 | 1 201 904 | 1 399 305 | 1 199 880 | 1 578 772 | 2 079 022 | 2 289 216 | 2 276 092 | 2 450 560 |
| Total assets | 1 134 116 | 1 262 775 | 1 195 577 | 1 608 122 | 2 289 935 | 2 240 356 | 2 256 726 | 2 182 008 | 2 771 708 | 2 417 149 | 2 388 781 | 2 795 870 | 3 784 326 | 3 486 005 | 3 226 608 | 3 703 621 |
| Balance sheet — liabilities and equity | ||||||||||||||||
| Current liabilities | 214 187 | 335 809 | 209 020 | 273 335 | 517 162 | 343 905 | 505 167 | 654 805 | 572 194 | 493 599 | 561 628 | 656 899 | 919 762 | 542 159 | 511 663 | 891 144 |
| Non-current liabilities | 636 838 | 516 554 | 471 294 | 555 296 | 639 159 | 633 560 | 446 970 | 168 530 | 247 102 | 1 228 969 | 1 007 707 | 1 050 181 | 1 056 430 | 961 636 | 877 376 | 897 266 |
| Total liabilities | 851 025 | 852 363 | 680 314 | 828 631 | 1 156 321 | 977 465 | 952 137 | 823 335 | 819 296 | 1 722 568 | 1 569 335 | 1 707 080 | 1 976 192 | 1 503 795 | 1 389 039 | 1 788 410 |
| Share capital | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Retained earnings of previous periods | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Profit for the year | 229 645 | 127 321 | 104 851 | 264 228 | 224 498 | 179 306 | 90 162 | 154 084 | 693 739 | -13 358 | 124 865 | 269 344 | 719 344 | 174 076 | -144 641 | 77 642 |
| Total equity | 283 091 | 410 412 | 515 263 | 779 491 | 1 133 614 | 1 262 891 | 1 304 589 | 1 358 673 | 1 952 412 | 694 581 | 819 446 | 1 088 790 | 1 808 134 | 1 982 210 | 1 837 569 | 1 915 211 |
| Income statement | ||||||||||||||||
| Sales revenue | 2 168 510 | 2 600 747 | 2 408 590 | 3 628 507 | 5 692 689 | 4 446 945 | 4 356 540 | 4 676 161 | 6 897 723 | 4 801 469 | 5 063 747 | 7 274 383 | 10 883 570 | 6 864 182 | 5 442 633 | 6 659 790 |
| Operating profit | 273 533 | 155 324 | 127 490 | 314 285 | 277 091 | 216 572 | 126 542 | 200 008 | 705 638 | -1169 | 136 829 | 279 558 | 734 391 | 206 944 | -106 646 | 109 388 |
| Profit before income tax | 263 704 | 145 971 | 119 979 | 303 704 | 262 229 | 206 270 | 115 663 | 189 800 | 693 739 | -13 358 | 124 865 | 269 344 | 719 344 | 174 077 | -144 641 | 77 642 |
| Profit for the reporting year | 229 645 | 127 321 | 104 851 | 264 228 | 224 498 | 179 306 | 90 162 | 154 084 | 693 739 | -13 358 | 124 865 | 269 344 | 719 344 | 174 076 | -144 641 | 77 642 |
| Labour costs | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Depreciation of non-current assets | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Other indicators | ||||||||||||||||
| Employees | 20 | 22 | 23 | 27 | 27 | 26 | 26 | 25 | 25 | 25 | 24 | 24 | 25 | 26 | 27 | 24 |
| Calculated dividend | 0 | 0 | 0 | 0 | 200 000 | 130 000 | 48 464 | 100 000 | 100 000 | 1 244 473 | 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: "MEŽVALDE AD" SIA
Overview
"MEŽVALDE AD" SIA (reg. no. 44101022385) is a limited liability company. The company was registered in 1996 and has been in the register for 30 years. Registered address: Smiltenes nov., Smiltene, Daugavas iela 1A.
Financial results
Revenue in 2025 was 6 659 790 €, up 22,4% on the previous year (5 442 633 €). From 2010 to 2025, revenue grew by an average of 7,8% per year. Net profit for 2025 was 77 642 € (1,2% of revenue). The company was profitable in 14 of the 16 published years. In 2025 the company had 24 employees (27 a year earlier). Revenue per employee was 277 491 €. At the end of 2025, total assets were 3 703 621 € and equity 1 915 211 € (51,7% of assets).
Management and owners
The board has 2 members. According to the register, the company has 3 owners. The largest stake (45%) is held by 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.