MVM Products SIAActive
Key figures
Ratios
2025Balance sheet structure
Summary of financial statements2021–2025
| 2021 | 2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|---|
| Sales revenue | 25 906 | 149 | 433 390 | 868 911 | 2 600 813 |
| Profit for the reporting year | -14 153 | -3943 | 28 587 | 6876 | 111 678 |
| Retained earnings of previous periods | — | — | — | — | — |
| Total assets | 8357 | 32 845 | 127 801 | 373 979 | 1 090 516 |
| Total liabilities | 19 510 | 47 941 | 114 310 | 353 612 | 958 471 |
| Total equity | -11 153 | -15 096 | 13 491 | 20 367 | 132 045 |
| Employees | 1 | 0 | 1 | 3 | 5 |
| Calculated dividend | — | 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: MVM Products SIA
Overview
MVM Products SIA (reg. no. 50203297621) is a limited liability company. The company was registered in 2021 and has been in the register for 5 years. Registered address: Rīga, Liepājas iela 2 - 9.
Financial results
Revenue in 2025 was 2 600 813 €, up 199% on the previous year (868 911 €). From 2021 to 2025, revenue grew by an average of 217% per year. This is the company's highest revenue among the published years (2021–2025). Net profit for 2025 was 111 678 € (4,3% of revenue). The company was profitable in 3 of the 5 published years. In 2025 the company had 5 employees (3 a year earlier). Revenue per employee was 520 163 €. At the end of 2025, total assets were 1 090 516 € and equity 132 045 € (12,1% of assets).
Management and owners
The board has 2 members. According to the register, the company has 5 owners. The largest stake (25%) 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.