"MERVINS" 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 | 42 186 | 59 913 | 59 001 | 115 160 | 70 212 | 88 989 | 44 435 | 134 204 | 61 296 | 94 309 | 187 262 | 121 826 | 12 011 | 19 929 | 5131 | 21 436 |
| Total non-current assets | 56 920 | 80 192 | 168 719 | 124 888 | 297 651 | 243 240 | 151 391 | 70 198 | 305 424 | 270 582 | 171 305 | 104 203 | 33 069 | 472 | 0 | 105 454 |
| Total assets | 99 106 | 140 105 | 227 720 | 240 048 | 367 863 | 332 229 | 195 826 | 204 402 | 366 720 | 364 891 | 358 567 | 226 029 | 45 080 | 20 401 | 5131 | 126 890 |
| Balance sheet — liabilities and equity | ||||||||||||||||
| Current liabilities | 25 830 | 62 462 | 66 169 | 93 450 | 108 636 | 233 314 | 185 991 | 327 075 | 270 600 | 195 509 | 428 730 | 380 742 | 171 761 | 146 109 | 95 298 | 111 651 |
| Non-current liabilities | 50 876 | 19 425 | 94 673 | 49 531 | 177 989 | 134 116 | 73 049 | 17 799 | 0 | 135 182 | 72 601 | 0 | 0 | 0 | 0 | 0 |
| Total liabilities | 76 706 | 81 887 | 160 842 | 142 981 | 286 625 | 367 430 | 259 040 | 344 874 | 270 600 | 330 691 | 501 331 | 380 742 | 171 761 | 146 109 | 95 298 | 111 651 |
| Share capital | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Retained earnings of previous periods | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Profit for the year | 7576 | 35 817 | 8660 | 26 591 | -56 876 | -116 437 | -28 014 | -82 836 | 236 592 | -49 419 | -176 964 | -11 950 | 58 115 | 973 | 35 542 | -9593 |
| Total equity | 22 400 | 58 218 | 66 878 | 97 067 | 81 238 | -35 201 | -63 214 | -140 472 | 96 120 | 34 200 | -142 764 | -154 713 | -126 681 | -125 708 | -90 167 | 15 239 |
| Income statement | ||||||||||||||||
| Sales revenue | 227 665 | 412 453 | 646 886 | 740 480 | 1 053 493 | 906 858 | 811 671 | 665 684 | 1 224 491 | 912 310 | 955 145 | 782 250 | 751 818 | 501 625 | 539 000 | 287 031 |
| Operating profit | 10 718 | 43 704 | 12 092 | 32 778 | -46 207 | -107 170 | -22 244 | -79 748 | 241 934 | -39 710 | -167 325 | -5825 | 60 480 | 2477 | 36 985 | -8138 |
| Profit before income tax | 7576 | 40 597 | 8660 | 28 325 | -56 869 | -116 430 | -28 014 | -82 836 | 236 592 | -48 844 | -176 614 | -11 950 | 58 115 | 973 | 35 542 | -9593 |
| Profit for the reporting year | 7576 | 35 817 | 8660 | 26 591 | -56 876 | -116 437 | -28 014 | -82 836 | 236 592 | -49 419 | -176 964 | -11 950 | 58 115 | 973 | 35 542 | -9593 |
| Labour costs | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Depreciation of non-current assets | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Other indicators | ||||||||||||||||
| Employees | 7 | 8 | 5 | 5 | 5 | 5 | 5 | 7 | 8 | 9 | 9 | 8 | 5 | 6 | 5 | 5 |
| Calculated dividend | — | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 12 501 | 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: "MERVINS" SIA
Overview
"MERVINS" SIA (reg. no. 44103042418) is a limited liability company. The company was registered in 2006 and has been in the register for 20 years. Registered address: Cēsu nov., Vecpiebalgas pag., "Meža Strautiņi".
Financial results
Revenue in 2025 was 287 031 €, down 46,7% on the previous year (539 000 €). From 2010 to 2025, revenue grew by an average of 1,6% per year. 2025 ended with a loss of 9593 €. The company was profitable in 8 of the 16 published years. In 2025 the company had 5 employees. Revenue per employee was 57 406 €. At the end of 2025, total assets were 126 890 € and equity 15 239 € (12,0% 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.