SIA "MM IT"Active

50203045401Limited liability companyFounded 2017

Key figures

49 991 €+177,0%
Revenue 2025
+7,1%
Average annual growth 2017–2025
020 k40 k60 k’17’18’19’20’21’22’23’24’25

Ratios

2025
Balance sheet structure
Current assetsNon-current assetsLiabilitiesEquity
0100 k200 k’17’18’19’20’21’22’23’24’25
Summary of financial statements2017–2025
201720182019202020212022202320242025
Balance sheet — assets
Total current assets34311611 77025 23323 52437 05059 986199 683103 205
Total non-current assets540749163196159815980000
Total assets8838493214 96626 83125 12237 05059 986199 683103 205
Balance sheet — liabilities and equity
Current liabilities550441532180123210 862103712012234981
Non-current liabilities00241110 6581199696918 054149 65535 129
Total liabilities55044153459111 89012 061800619 255151 88936 110
Share capital—————————
Retained earnings of previous periods—————————
Profit for the year3333-255567974566-188015 98311 687706319 301
Total equity333477910 37514 94113 06129 04440 73147 79467 095
Income statement
Sales revenue28 82931 98516 34710 65715 60325 76020 40518 05049 991
Operating profit3333-254867974566-188015 98311 687706319 301
Profit before income tax3333-255567974566-188015 98311 687706319 301
Profit for the reporting year3333-255567974566-188015 98311 687706319 301
Labour costs—————————
Depreciation of non-current assets—————————
Other indicators
Employees241222222
Calculated dividend—00000000

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100%SIA "MM IT"3Miķelsons Andis
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Summary: SIA "MM IT"

Overview

SIA "MM IT" (reg. no. 50203045401) is a limited liability company. The company was registered in 2017 and has been in the register for 9 years. Registered address: Rīga, Kārļa Ulmaņa gatve 3.

Financial results

Revenue in 2025 was 49 991 €, up 177% on the previous year (18 050 €). From 2017 to 2025, revenue grew by an average of 7,1% per year. This is the company's highest revenue among the published years (2017–2025). Net profit for 2025 was 19 301 € (38,6% of revenue). The company was profitable in 7 of the 9 published years. In 2025 the company had 2 employees. Revenue per employee was 24 996 €. At the end of 2025, total assets were 103 205 € and equity 67 095 € (65,0% 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.