SIA "MTE"Active
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 | 44 200 | 63 346 | 77 204 | 118 690 | 81 730 | 139 658 | 187 465 | 190 338 | 238 685 | 690 465 | 974 715 | 915 134 | 998 702 | 1 057 363 | 1 099 908 | 1 281 762 |
| Total non-current assets | 78 692 | 142 720 | 125 232 | 165 749 | 380 545 | 371 081 | 442 812 | 542 057 | 592 537 | 718 893 | 677 157 | 686 984 | 584 961 | 526 297 | 478 863 | 502 533 |
| Total assets | 122 892 | 206 066 | 202 436 | 284 439 | 462 275 | 510 739 | 630 277 | 732 395 | 831 222 | 1 409 358 | 1 651 872 | 1 602 118 | 1 583 663 | 1 583 660 | 1 578 771 | 1 784 295 |
| Balance sheet — liabilities and equity | ||||||||||||||||
| Current liabilities | 35 804 | 46 451 | 73 697 | 113 514 | 92 839 | 130 897 | 184 675 | 171 886 | 148 431 | 486 936 | 375 784 | 305 865 | 239 227 | 160 980 | 415 251 | 535 912 |
| Non-current liabilities | 41 547 | 78 562 | 42 113 | 31 127 | 75 661 | 38 064 | 53 405 | 62 183 | 104 067 | 70 291 | 48 072 | 26 552 | 27 341 | 28 843 | 25 155 | 28 149 |
| Total liabilities | 77 351 | 125 013 | 115 810 | 144 641 | 168 500 | 168 961 | 238 080 | 234 069 | 252 498 | 557 227 | 423 856 | 332 417 | 266 568 | 189 823 | 440 406 | 564 061 |
| Share capital | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Retained earnings of previous periods | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Profit for the year | 43 541 | 35 512 | 5573 | 53 172 | 76 829 | 78 533 | 117 268 | 150 573 | 130 398 | 718 893 | 375 885 | 41 685 | 47 394 | 76 742 | 34 528 | 81 869 |
| Total equity | 45 541 | 81 053 | 86 626 | 139 798 | 274 542 | 323 071 | 392 197 | 498 326 | 578 724 | 852 131 | 1 228 016 | 1 269 701 | 1 317 095 | 1 393 837 | 1 138 365 | 1 220 234 |
| Income statement | ||||||||||||||||
| Sales revenue | 276 648 | 324 523 | 362 399 | 482 492 | 998 219 | 820 384 | 963 129 | 1 274 513 | 1 674 151 | 2 592 166 | 2 226 160 | 1 831 404 | 1 901 762 | 1 662 017 | 2 044 100 | 2 118 894 |
| Operating profit | 45 439 | 42 496 | 8304 | 65 011 | 106 444 | 99 599 | 136 352 | 169 251 | 135 213 | 722 501 | 378 271 | 43 496 | 48 250 | 76 917 | 108 849 | 81 400 |
| Profit before income tax | 46 327 | 43 090 | 11 171 | 62 963 | 102 445 | 96 180 | 133 098 | 166 448 | 130 559 | 719 150 | 376 545 | 42 546 | 47 812 | 76 895 | 108 849 | 82 034 |
| Profit for the reporting year | 43 541 | 35 512 | 5573 | 53 172 | 76 829 | 78 533 | 117 268 | 150 573 | 130 398 | 718 893 | 375 885 | 41 685 | 47 394 | 76 742 | 34 528 | 81 869 |
| Labour costs | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Depreciation of non-current assets | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Other indicators | ||||||||||||||||
| Employees | 12 | 14 | 16 | 19 | 23 | 22 | 20 | 22 | 29 | 36 | 37 | 34 | 31 | 27 | 29 | 30 |
| Calculated dividend | — | 0 | 0 | 0 | 0 | 27 000 | 48 142 | 44 444 | 50 000 | 445 486 | 0 | 0 | 0 | 0 | 290 000 | 0 |
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.
Related companies
- SIA "Vidzemes karjeri" — 100%
Summary: SIA "MTE"
Overview
SIA "MTE" (reg. no. 45403012905) is a limited liability company. The company was registered in 2004 and has been in the register for 22 years. Registered address: Madonas nov., Sarkaņu pag., "Lejas Bērzmilni".
Financial results
Revenue in 2025 was 2 118 894 €, up 3,7% on the previous year (2 044 100 €). From 2010 to 2025, revenue grew by an average of 14,5% per year. Net profit for 2025 was 81 869 € (3,9% of revenue). The company was profitable in all 16 published years. In 2025 the company had 30 employees (29 a year earlier). Revenue per employee was 70 630 €. At the end of 2025, total assets were 1 784 295 € and equity 1 220 234 € (68,4% of assets).
Management and owners
The company has one board member. The sole owner of the company is a private individual. The company holds a stake in one other active Latvian company.
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.