SIA "GM Service"Active
Key figures
Ratios
2025Balance sheet structure
Dividends
calculatedPaid out in dividends approximately 276 083 € (99% 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 | 1990 | 53 479 | 76 891 | 165 476 | 165 421 | 202 039 | 335 270 | 340 725 | 316 678 | 337 295 | 367 716 | 329 156 | 331 620 | 435 587 | 350 975 |
| Total non-current assets | 0 | 18 717 | 41 925 | 51 952 | 84 120 | 81 590 | 53 054 | 58 461 | 82 133 | 56 996 | 31 323 | 70 135 | 68 165 | 113 453 | 97 468 |
| Total assets | 1990 | 72 196 | 118 816 | 217 428 | 249 541 | 283 629 | 388 324 | 399 186 | 398 811 | 394 291 | 399 039 | 399 291 | 399 785 | 549 040 | 448 443 |
| Balance sheet — liabilities and equity | |||||||||||||||
| Current liabilities | 0 | 50 951 | 86 235 | 167 077 | 196 824 | 225 344 | 327 936 | 197 827 | 39 318 | 65 365 | 226 725 | 228 783 | 91 018 | 270 111 | 177 494 |
| Non-current liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total liabilities | 0 | 50 951 | 86 235 | 167 077 | 196 824 | 225 344 | 327 936 | 197 827 | 39 318 | 65 365 | 226 725 | 228 783 | 91 018 | 270 111 | 177 494 |
| Share capital | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Retained earnings of previous periods | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Profit for the year | -10 | 19 196 | 10 899 | 3991 | 2366 | 6274 | 2103 | 198 513 | 245 134 | 54 633 | 3388 | 18 194 | 221 758 | 47 162 | 268 103 |
| Total equity | 1990 | 21 186 | 32 085 | 49 645 | 52 011 | 58 285 | 60 388 | 201 359 | 359 493 | 328 926 | 172 314 | 170 508 | 308 767 | 278 929 | 270 949 |
| Income statement | |||||||||||||||
| Sales revenue | 0 | 229 707 | 199 927 | 338 348 | 233 607 | 698 799 | 709 842 | 1 596 126 | 1 634 851 | 1 503 323 | 2 069 984 | 1 862 583 | 2 821 556 | 2 046 795 | 1 731 167 |
| Operating profit | -10 | 21 257 | 12 655 | 5362 | 5417 | 8468 | 4787 | 198 667 | 266 884 | 75 933 | 43 388 | 23 194 | 242 633 | 66 475 | 881 118 |
| Profit before income tax | -10 | 21 268 | 11 881 | 4674 | 2372 | 7690 | 4787 | 198 667 | 266 884 | 75 933 | 43 388 | 23 194 | 242 633 | 66 475 | 881 118 |
| Profit for the reporting year | -10 | 19 196 | 10 899 | 3991 | 2366 | 6274 | 2103 | 198 513 | 245 134 | 54 633 | 3388 | 18 194 | 221 758 | 47 162 | 268 103 |
| Labour costs | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Depreciation of non-current assets | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Other indicators | |||||||||||||||
| Employees | 1 | 1 | 1 | 2 | 2 | 3 | 4 | 4 | 4 | 6 | 7 | 6 | 7 | 7 | 7 |
| Calculated dividend | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 57 542 | 87 000 | 85 200 | 160 000 | 20 000 | 83 499 | 77 000 | 276 083 |
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 "GM Service"
Overview
SIA "GM Service" (reg. no. 50103478471) is a limited liability company. The company was registered in 2011 and has been in the register for 14 years. Registered address: Rīga, Stabu iela 46/48 - 85.
Financial results
Revenue in 2025 was 1 731 167 €, down 15,4% on the previous year (2 046 795 €). Net profit for 2025 was 268 103 € (15,5% of revenue). The company was profitable in 14 of the 15 published years. In 2025 the company had 7 employees. Revenue per employee was 247 310 €. At the end of 2025, total assets were 448 443 € and equity 270 949 € (60,4% 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.