In 2024, SIA "MM Works" had revenue of 173.2 thousand EUR and profit of 1.5 thousand EUR. The company has 6 employees. Beneficial owners: Māris Mihaļskis.
Warning
Employee average salary is at or below minimum wage
| year | 2024Latest | 2023 | 2022 |
|---|---|---|---|
Revenue | 173,2k € +19.7% | 144,8k € +70.6% | 84,9k € -3.7% |
Profit | 1,5k € -11.0% | 1,7k € -13.0% | 1,9k € -45.5% |
Assets | 85,6k € +21.3% | 70,6k € +44.9% | 48,7k € +54.5% |
Liabilities | 65,9k € +25.9% | 52,3k € +370.4% | 11,1k € -34.0% |
Equity | 19,7k € +8.1% | 18,2k € -51.5% | 37,6k € +156.3% |
Employees | 5 -16.7% | 6 +50.0% | 4 +0.0% |
Overall rating | A89/100 |
Financial health | 95/100 |
Credit history | 80/100 |
Legal history | 100/100 |
Business activity | 75/100 |
| Overall risk | Low |
No risk flags | |
No tax debts | |
Positive profit | |
Regular report filing | |
| Name, surname | Birth date | Position | Representation rights | Registered | |
|---|---|---|---|---|---|
| Board member | Independently |
SIA "MM Works" is located at Ogres nov., Tīnūžu pag., "Unas" - 1, LV-5052.
In 2024, SIA "MM Works" had revenue of 173 229 EUR and profit of 1479 EUR. Compared to previous year, revenue increased by 19.7%. View full financial report →
In 2024, SIA "MM Works" had an average of 6 employees. View tax history →
The beneficial owners of SIA "MM Works" are Māris Mihaļskis. View ownership details →
Yes, SIA "MM Works" is registered as an active VAT payer with VAT number LV40103827208.
In 2024, the average gross salary at SIA "MM Works" was approximately 327,56 € per month (net ~ 293,17 €). This is an approximate calculation. View salary details →
SIA "MM Works" was founded on September 16, 2014. The company has been operating for 12 years.
| Indicator | Value | Rank | Comparison | |
|---|---|---|---|---|
Company age | 12 years | 419 - 423 | 50% | |
Net revenue | 173 229,00 € | 277 - 281 | 64% | |
Profit | 1479,00 € | 400 - 404 | 52% | |
Equity | 19 709,00 € | 337 - 341 | 43% | |
Assets | 85 624,00 € | 246 - 250 | 69% | |
Fixed assets | 40 125,00 € | - | 90% | |
Liquidity | 1.55 | - | 50% | |
Profitability | 0.9% | - | 10% | |
Registered capital | 2800,00 € | - | 50% |
Annual financial report for 2024.
Annual financial report for 2023.
Annual financial report for 2022.
Annual financial report for 2021.
Annual financial report for 2020.
Annual financial report for 2019.
Registered in the Latvian company register.
| Name, surname | Birth date | Shares | Ownership rights | |
|---|---|---|---|---|
| Māris Mihaļskis | 2800 | 100.00% |
| Name, surname | Nationality | Birth date | |
|---|---|---|---|
| Māris Mihaļskis | LV |