SIA "MEISTARS LV"Active
Key figures
Ratios
2025Balance sheet structure
Dividends
calculatedPaid out in dividends approximately 14 000 € (22% 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 statements2011–2025
| 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Balance sheet — assets | |||||||||||||||
| Total current assets | 128 675 | 145 107 | 155 840 | 247 532 | 244 583 | 254 011 | 259 344 | 253 773 | 247 308 | 240 813 | 243 638 | 246 594 | 240 213 | 251 800 | 235 449 |
| Total non-current assets | 48 032 | 35 320 | 28 420 | 37 953 | 35 070 | 29 843 | 24 834 | 21 590 | 18 201 | 15 637 | 14 508 | 13 856 | 13 650 | 5046 | 3697 |
| Total assets | 176 707 | 180 427 | 184 260 | 285 485 | 279 653 | 283 854 | 284 178 | 275 363 | 265 509 | 256 450 | 258 146 | 260 450 | 253 863 | 256 846 | 239 146 |
| Balance sheet — liabilities and equity | |||||||||||||||
| Current liabilities | 7459 | 13 494 | 11 203 | 30 128 | 26 358 | 32 169 | 35 662 | 31 683 | 29 609 | 24 736 | 31 926 | 39 042 | 38 729 | 33 056 | 38 682 |
| Non-current liabilities | 146 000 | 144 500 | 153 000 | 226 699 | 224 645 | 223 245 | 220 000 | 214 700 | 205 000 | 198 930 | 196 600 | 189 000 | 184 730 | 159 830 | 149 000 |
| Total liabilities | 153 459 | 157 994 | 164 203 | 256 827 | 251 003 | 255 414 | 255 662 | 246 383 | 234 609 | 223 666 | 228 526 | 228 042 | 223 459 | 192 886 | 187 682 |
| Share capital | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Retained earnings of previous periods | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Profit for the year | 8 | 17 | 57 | 201 | 250 | 40 | 116 | 580 | 2500 | 1884 | 1220 | 4008 | 2004 | 35 560 | 1504 |
| Total equity | 20 029 | 20 046 | 20 057 | 28 658 | 28 650 | 28 440 | 28 516 | 28 980 | 30 900 | 32 784 | 29 620 | 32 408 | 30 404 | 63 960 | 51 464 |
| Income statement | |||||||||||||||
| Sales revenue | 261 658 | 258 171 | 259 835 | 376 737 | 321 703 | 312 461 | 328 233 | 344 334 | 384 125 | 341 608 | 448 984 | 524 349 | 466 032 | 436 142 | 438 799 |
| Operating profit | 2861 | 2857 | 1594 | 3825 | 3926 | 276 | 488 | 590 | 2500 | 1884 | 2316 | 4313 | 3006 | 36 061 | 5004 |
| Profit before income tax | 2861 | 2857 | 1594 | 3825 | 3926 | 276 | 488 | 590 | 2500 | 1884 | 2316 | 4313 | 3006 | 36 061 | 5004 |
| Profit for the reporting year | 8 | 17 | 57 | 201 | 250 | 40 | 116 | 580 | 2500 | 1884 | 1220 | 4008 | 2004 | 35 560 | 1504 |
| Labour costs | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Depreciation of non-current assets | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Other indicators | |||||||||||||||
| Employees | 9 | 9 | 7 | 8 | 8 | 8 | 8 | 7 | 7 | 6 | 7 | 7 | 7 | 6 | 6 |
| Calculated dividend | — | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 580 | 0 | 4384 | 1220 | 4008 | 2004 | 14 000 |
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 "MEISTARS LV"
Overview
SIA "MEISTARS LV" (reg. no. 46102003411) is a limited liability company. The company was registered in 1995 and has been in the register for 31 years. Registered address: Kuldīgas nov., Kuldīga, Tehnikas iela 4B.
Financial results
Revenue in 2025 was 438 799 €, up 0,6% on the previous year (436 142 €). From 2011 to 2025, revenue grew by an average of 3,8% per year. Net profit for 2025 was 1504 € (0,3% of revenue). The company was profitable in all 15 published years. In 2025 the company had 6 employees. Revenue per employee was 73 133 €. At the end of 2025, total assets were 239 146 € and equity 51 464 € (21,5% 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.