SIA M & R ServiceActive

45403042666Limited liability companyFounded 2015

Key figures

306 996 €-39,8%
Revenue 2025
+46,8%
Average annual growth 2015–2025
0200 k400 k600 k’15’16’17’18’19’20’21’22’23’24’25

Ratios

2025
Balance sheet structure
Current assetsNon-current assetsLiabilitiesEquity
0100 k200 k300 k’15’16’17’18’19’20’21’22’23’24’25

Dividends

calculated
2025

Paid out in dividends approximately 111 500 € (46% 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).

History
2025 ~111 500 €
2024 ~30 500 €
2023 ~14 000 €
2022 ~14 400 €
2021 ~25 851 €
2020 ~20 000 €
20190 €
20180 €
2017 ~1259 €
2016 ~1233 €
Summary of financial statements2015–2025
20152016201720182019202020212022202320242025
Balance sheet — assets
Total current assets122313595924539332 09743 61545 63724 773162 524256 321168 989
Total non-current assets11000423861405421380727156416246
Total assets133313595924543535 95847 66947 77524 773169 795261 962175 235
Balance sheet — liabilities and equity
Current liabilities0003634691713 3298955781016 79919 68521 082
Non-current liabilities00000000000
Total liabilities0003634691713 3298955781016 79919 68521 082
Share capital———————————
Retained earnings of previous periods———————————
Profit for the year123312595824-403627 24025 29930 331-7457150 033119 78123 376
Total equity133313595924180129 04134 34038 82016 963152 996242 277154 153
Income statement
Sales revenue661220 37446 42441 351172 121231 467188 860148 042393 051509 701306 996
Operating profit123312595824-403627 24030 29936 801-3857153 533127 40651 273
Profit before income tax123312595824-403627 24030 29936 801-3857153 533127 40651 273
Profit for the reporting year123312595824-403627 24025 29930 331-7457150 033119 78123 376
Labour costs———————————
Depreciation of non-current assets———————————
Other indicators
Employees34554332233
Calculated dividend—123312590020 00025 85114 40014 00030 500111 500

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
100%SIA M & R ServiceVārsbergs Mārtiņš
CompanyPersonShareholderOther roleAdditional link

Summary: SIA M & R Service

Overview

SIA M & R Service (reg. no. 45403042666) is a limited liability company. The company was registered in 2015 and has been in the register for 11 years. Registered address: Madonas nov., Sarkaņu pag., "Indrāni".

Financial results

Revenue in 2025 was 306 996 €, down 39,8% on the previous year (509 701 €). From 2015 to 2025, revenue grew by an average of 46,8% per year. Net profit for 2025 was 23 376 € (7,6% of revenue). The company was profitable in 9 of the 11 published years. In 2025 the company had 3 employees. Revenue per employee was 102 332 €. At the end of 2025, total assets were 175 235 € and equity 154 153 € (88,0% 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.