SIA "Project MSR"Active
Key figures
Ratios
2025Balance sheet structure
Dividends
calculatedPaid out in dividends approximately 18 000 € (21% of equity at the end of the previous year).
Low confidence: the company does not file a cash flow statement, so the amount is an estimate from changes in equity — it may also include other reductions of equity (e.g. a share capital reduction).
Summary of financial statements2013–2025
| 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Balance sheet — assets | |||||||||||||
| Total current assets | 509 | 7078 | 4652 | 15 128 | 36 144 | 58 697 | 36 785 | 64 962 | 74 476 | 77 709 | 68 431 | 71 804 | 79 345 |
| Total non-current assets | 74 010 | 81 380 | 60 880 | 40 321 | 22 439 | 10 906 | 16 172 | 18 803 | 22 075 | 18 482 | 16 658 | 19 092 | 22 575 |
| Total assets | 74 519 | 88 458 | 65 532 | 55 449 | 58 583 | 69 603 | 52 957 | 83 765 | 96 551 | 96 191 | 85 089 | 90 896 | 101 920 |
| Balance sheet — liabilities and equity | |||||||||||||
| Current liabilities | 23 599 | 33 007 | 35 550 | 23 182 | 10 364 | 3622 | 8587 | 3536 | 5240 | 2125 | 3053 | 3609 | 3691 |
| Non-current liabilities | 50 550 | 50 708 | 29 489 | 8270 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total liabilities | 74 149 | 83 715 | 65 039 | 31 452 | 10 364 | 3622 | 8587 | 3536 | 5240 | 2125 | 3053 | 3609 | 3691 |
| Share capital | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Retained earnings of previous periods | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Profit for the year | -4630 | 4217 | -4250 | 23 506 | 24 222 | 17 762 | 496 | 35 859 | 23 082 | 21 756 | 20 970 | 26 251 | 28 942 |
| Total equity | 370 | 4743 | 493 | 23 997 | 48 219 | 65 981 | 44 370 | 80 229 | 91 311 | 94 066 | 82 036 | 87 287 | 98 229 |
| Income statement | |||||||||||||
| Sales revenue | 12 644 | 57 186 | 41 588 | 81 887 | 88 417 | 82 609 | 69 636 | 109 496 | 99 450 | 108 376 | 131 298 | 151 161 | 161 669 |
| Operating profit | -2244 | 6423 | -2666 | 24 527 | 27 252 | 17 767 | 496 | 35 859 | 26 082 | 26 506 | 29 220 | 31 547 | 33 442 |
| Profit before income tax | -4630 | 4217 | -4250 | 23 506 | 26 742 | 17 767 | 496 | 35 859 | 26 082 | 26 506 | 29 220 | 31 547 | 33 442 |
| Profit for the reporting year | -4630 | 4217 | -4250 | 23 506 | 24 222 | 17 762 | 496 | 35 859 | 23 082 | 21 756 | 20 970 | 26 251 | 28 942 |
| Labour costs | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Depreciation of non-current assets | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Other indicators | |||||||||||||
| Employees | 2 | 3 | 4 | 4 | 4 | 4 | 4 | 5 | 4 | 5 | 5 | 5 | 6 |
| Calculated dividend | — | 0 | 0 | 0 | 0 | 0 | 22 107 | 0 | 12 000 | 19 001 | 33 000 | 21 000 | 18 000 |
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 "Project MSR"
Overview
SIA "Project MSR" (reg. no. 45403036369) is a limited liability company. The company was registered in 2013 and has been in the register for 13 years. Registered address: Jēkabpils nov., Variešu pag., "Ļūļākas 1".
Financial results
Revenue in 2025 was 161 669 €, up 7,0% on the previous year (151 161 €). From 2013 to 2025, revenue grew by an average of 23,7% per year. This is the company's highest revenue among the published years (2013–2025). Net profit for 2025 was 28 942 € (17,9% of revenue). The company was profitable in 11 of the 13 published years. In 2025 the company had 6 employees (5 a year earlier). Revenue per employee was 26 945 €. At the end of 2025, total assets were 101 920 € and equity 98 229 € (96,4% 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.