SIA "Mute Studija"Active

50103160161Limited liability companyFounded 2008

Key figures

442 885 €+9,0%
Revenue 2025
+12,1%
Average annual growth 2009–2025
0200 k400 k600 k’09’10’11’12’13’14’15’16’17’18’19’20’21’22’23’24’25

Ratios

2025
Balance sheet structure
Current assetsNon-current assetsLiabilitiesEquity
0100 k200 k300 k’09’10’11’12’13’14’15’16’17’18’19’20’21’22’23’24’25

Dividends

calculated
2025

Paid out in dividends approximately 50 000 € (27% 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 ~50 000 €
2024 ~70 000 €
2023 ~64 882 €
2022 ~50 000 €
2021 ~30 000 €
2020 ~25 001 €
20190 €
2018 ~46 421 €
2017 ~49 497 €
2016 ~15 400 €
2015 ~21 824 €
20140 €
20130 €
2012 ~1229 €
2011 ~48 000 €
20100 €
Summary of financial statements2009–2025
20092010201120122013201420152016201720182019202020212022202320242025
Balance sheet — assets
Total current assets16 10979 27369 46853 43053 939118 64978 57890 28472 574122 276190 966228 784258 956221 484240 659206 959211 905
Total non-current assets819327 19728 53815 2919585934922 67516 20613 8187926787416 98730 60822 22022 79318 25313 301
Total assets24 302106 47098 00668 72163 524127 998101 253106 49086 392130 202198 840245 771289 564243 704263 452225 212225 206
Balance sheet — liabilities and equity
Current liabilities19 64645 60156 48551 94636 17555 62641 44236 25036 97155 04540 60449 47950 37532 23151 99940 77349 974
Non-current liabilities21488831864300000000000000
Total liabilities21 79454 43265 12851 94636 17555 62641 44236 25036 97155 04540 60449 47950 37532 23151 99940 77349 974
Share capital—————————————————
Retained earnings of previous periods—————————————————
Profit for the year28548 72128 840-14 06510 27734 116832927 38628 67865 80283 19169 30072 89722 28464 86242 98640 793
Total equity250851 22932 06916 77527 05271 74958 25470 24049 42168 802151 993196 292239 189211 473211 453184 439175 232
Income statement
Sales revenue71 081229 365256 654165 866151 376305 967263 126283 377311 745355 127365 467345 396396 956353 144372 030406 240442 885
Operating profit108555 47134 033-12 55713 15540 95610 85032 80234 45767 04183 50675 55180 39734 78481 08260 44853 293
Profit before income tax74055 67333 698-14 06511 67340 94810 85032 45933 93265 80283 19175 55080 39734 78481 08260 44853 293
Profit for the reporting year28548 72128 840-14 06510 27734 116832927 38628 67865 80283 19169 30072 89722 28464 86242 98640 793
Labour costs—————————————————
Depreciation of non-current assets—————————————————
Other indicators
Employees22424434323332333
Calculated dividend—048 00012290021 82415 40049 49746 421025 00130 00050 00064 88270 00050 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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100%SIA "Mute Studija"1Račinskis Arnis
CompanyPersonShareholderOther roleAdditional link

Related companies

Shared members or board members
Same registered address

Summary: SIA "Mute Studija"

Overview

SIA "Mute Studija" (reg. no. 50103160161) is a limited liability company. The company was registered in 2008 and has been in the register for 18 years. Registered address: Rīga, Lāčplēša iela 27 - 7.

Financial results

Revenue in 2025 was 442 885 €, up 9,0% on the previous year (406 240 €). From 2009 to 2025, revenue grew by an average of 12,1% per year. This is the company's highest revenue among the published years (2009–2025). Net profit for 2025 was 40 793 € (9,2% of revenue). The company was profitable in 16 of the 17 published years. In 2025 the company had 3 employees. Revenue per employee was 147 628 €. At the end of 2025, total assets were 225 206 € and equity 175 232 € (77,8% 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.