SIA "MA SYSTEMS"Active
Key figures
Ratios
2025Balance sheet structure
Summary of financial statements2018–2025
| 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|---|---|---|---|
| Balance sheet — assets | ||||||||
| Total current assets | 16 229 | 180 398 | 145 294 | 133 250 | 157 413 | 163 152 | 233 617 | 272 351 |
| Total non-current assets | 7465 | 25 097 | 73 794 | 57 262 | 145 619 | 108 730 | 88 597 | 40 298 |
| Total assets | 23 694 | 205 495 | 219 088 | 190 512 | 303 032 | 271 882 | 322 214 | 312 649 |
| Balance sheet — liabilities and equity | ||||||||
| Current liabilities | 10 504 | 47 024 | 53 454 | 43 480 | 32 362 | 29 805 | 37 341 | 47 618 |
| Non-current liabilities | 5000 | 0 | 0 | 10 444 | 8111 | 5782 | 10 582 | 5124 |
| Total liabilities | 15 504 | 47 024 | 53 454 | 53 924 | 40 473 | 35 587 | 47 923 | 52 742 |
| Share capital | — | — | — | — | — | — | — | — |
| Retained earnings of previous periods | — | — | — | — | — | — | — | — |
| Profit for the year | 4210 | 150 282 | 7163 | -29 047 | 125 971 | -26 264 | 37 996 | -14 385 |
| Total equity | 8190 | 158 471 | 165 634 | 136 588 | 262 559 | 236 295 | 274 291 | 259 907 |
| Income statement | ||||||||
| Sales revenue | 207 293 | 671 402 | 693 854 | 423 158 | 826 384 | 413 337 | 690 587 | 578 900 |
| Operating profit | 4210 | 150 282 | 7163 | -28 802 | 126 264 | -25 843 | 38 708 | -13 833 |
| Profit before income tax | 4210 | 150 282 | 7163 | -29 047 | 125 971 | -26 264 | 37 996 | -14 385 |
| Profit for the reporting year | 4210 | 150 282 | 7163 | -29 047 | 125 971 | -26 264 | 37 996 | -14 385 |
| Labour costs | — | — | — | — | — | — | — | — |
| Depreciation of non-current assets | — | — | — | — | — | — | — | — |
| Other indicators | ||||||||
| Employees | 6 | 11 | 12 | 11 | 10 | 9 | 11 | 10 |
| Calculated dividend | — | 0 | 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: SIA "MA SYSTEMS"
Overview
SIA "MA SYSTEMS" (reg. no. 44103113994) is a limited liability company. The company was registered in 2017 and has been in the register for 8 years. Registered address: Cēsu nov., Cēsis, Bērzaines iela 40.
Financial results
Revenue in 2025 was 578 900 €, down 16,2% on the previous year (690 587 €). From 2018 to 2025, revenue grew by an average of 15,8% per year. 2025 ended with a loss of 14 385 €. The company was profitable in 5 of the 8 published years. In 2025 the company had 10 employees (11 a year earlier). Revenue per employee was 57 890 €. At the end of 2025, total assets were 312 649 € and equity 259 907 € (83,1% 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.