"LM Recycling" SIAActive

44103104578Limited liability companyFounded 2016

Key figures

120 000 €+94,5%
Revenue 2024
+23,3%
Average annual growth 2016–2024
050 k100 k150 k’16’17’18’19’20’21’22’23’24

Ratios

2024
Balance sheet structure
Current assetsNon-current assetsLiabilitiesEquity
0200 k400 k’16’17’18’19’20’21’22’23’24
Summary of financial statements2016–2024
201620172018201920202021202220232024
Balance sheet — assets
Total current assets281431 50724 40638 68572 536103 382161 192232 830332 509
Total non-current assets30 08398 585101 553124 739116 445100 97474 58973 5642400
Total assets32 897130 092125 959163 424188 981204 356235 781306 394334 909
Balance sheet — liabilities and equity
Current liabilities33 412139 17541 61153 07545 16121 08211 79326 483288
Non-current liabilities000000000
Total liabilities33 412139 17541 61153 07545 16121 08211 79326 483288
Share capital—————————
Retained earnings of previous periods—————————
Profit for the year-1660-13 50389 51026 00033 47139 45540 71455 92354 710
Total equity-1659-12 16284 348110 349143 820183 274223 988279 911334 621
Income statement
Sales revenue22 52143 700116 05880 238118 98893 00963 37261 700120 000
Operating profit-1306-12 35591 67726 02333 37139 23239 85748 15640 873
Profit before income tax-1660-13 50390 72526 00033 47139 45540 71455 92354 710
Profit for the reporting year-1660-13 50389 51026 00033 47139 45540 71455 92354 710
Labour costs—————————
Depreciation of non-current assets—————————
Other indicators
Employees355565322
Calculated dividend—00000000

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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70%30%"LM Recycling" SIA5Sproģis Renārs2Bedalis Jānis
CompanyPersonShareholderOther roleAdditional link

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Summary: "LM Recycling" SIA

Overview

"LM Recycling" SIA (reg. no. 44103104578) is a limited liability company. The company was registered in 2016 and has been in the register for 10 years. Registered address: Cēsu nov., Raiskuma pag., "Billes".

Financial results

Revenue in 2024 was 120 000 €, up 94,5% on the previous year (61 700 €). From 2016 to 2024, revenue grew by an average of 23,3% per year. This is the company's highest revenue among the published years (2016–2024). Net profit for 2024 was 54 710 € (45,6% of revenue). The company was profitable in 7 of the 9 published years. In 2024 the company had 2 employees. Revenue per employee was 60 000 €. At the end of 2024, total assets were 334 909 € and equity 334 621 € (99,9% of assets).

Management and owners

The company has one board member. According to the register, the company has 2 owners. The largest stake (70%) 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.