SIA "MK Systems"Active
Key figures
Ratios
2025Balance sheet structure
Summary of financial statements2015–2025
| 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Balance sheet — assets | |||||||||||
| Total current assets | 2132 | 10 841 | 4109 | 16 279 | 24 639 | 40 537 | 59 398 | 158 405 | 171 120 | 98 518 | 157 629 |
| Total non-current assets | 0 | 578 | 2228 | 1497 | 4677 | 7012 | 5111 | 5283 | 8420 | 2698 | 0 |
| Total assets | 2132 | 11 419 | 6337 | 17 776 | 29 316 | 47 549 | 64 509 | 163 688 | 179 540 | 101 216 | 157 629 |
| Balance sheet — liabilities and equity | |||||||||||
| Current liabilities | 1216 | 255 | 4276 | 6742 | 6650 | 26 485 | 29 866 | 20 803 | 35 055 | 40 502 | 76 734 |
| Non-current liabilities | 7714 | 32 845 | 37 984 | 0 | 1715 | 0 | 2910 | 0 | 0 | 0 | 0 |
| Total liabilities | 8930 | 33 100 | 42 260 | 6742 | 8365 | 26 485 | 32 776 | 20 803 | 35 055 | 40 502 | 76 734 |
| Share capital | — | — | — | — | — | — | — | — | — | — | — |
| Retained earnings of previous periods | — | — | — | — | — | — | — | — | — | — | — |
| Profit for the year | -6998 | -14 883 | -17 242 | 46 957 | 9917 | 113 | 10 669 | 111 152 | 1600 | -83 771 | 20 181 |
| Total equity | -6798 | -21 681 | -35 923 | 11 034 | 20 951 | 21 064 | 31 733 | 142 885 | 144 485 | 60 714 | 80 895 |
| Income statement | |||||||||||
| Sales revenue | 31 212 | 51 607 | 72 881 | 176 393 | 189 064 | 379 171 | 425 508 | 1 085 918 | 743 969 | 750 500 | 991 709 |
| Operating profit | -6998 | -14 883 | -17 242 | 46 957 | 9917 | 328 | 10 669 | 111 152 | 1600 | -83 771 | 20 181 |
| Profit before income tax | -6998 | -14 883 | -17 242 | 46 957 | 9917 | 328 | 10 669 | 111 152 | 1600 | -83 771 | 20 181 |
| Profit for the reporting year | -6998 | -14 883 | -17 242 | 46 957 | 9917 | 113 | 10 669 | 111 152 | 1600 | -83 771 | 20 181 |
| Labour costs | — | — | — | — | — | — | — | — | — | — | — |
| Depreciation of non-current assets | — | — | — | — | — | — | — | — | — | — | — |
| Other indicators | |||||||||||
| Employees | 2 | 1 | 2 | 2 | 1 | 2 | 4 | 5 | 6 | 5 | 8 |
| Calculated dividend | — | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
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 "MK Systems"
Overview
SIA "MK Systems" (reg. no. 50103825711) is a limited liability company. The company was registered in 2014 and has been in the register for 12 years. Registered address: Rīga, Latgales iela 82.
Financial results
Revenue in 2025 was 991 709 €, up 32,1% on the previous year (750 500 €). From 2015 to 2025, revenue grew by an average of 41,3% per year. Net profit for 2025 was 20 181 € (2,0% of revenue). The company was profitable in 7 of the 11 published years. In 2025 the company had 8 employees (5 a year earlier). Revenue per employee was 123 964 €. At the end of 2025, total assets were 157 629 € and equity 80 895 € (51,3% of assets).
Management and owners
The board has 2 members. According to the register, the company has 2 owners. The largest stake (50%) is held by 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.