In 2025, SIA MIHAĻ GROUP had revenue of 19.8 thousand EUR and loss of 13.1 thousand EUR. The company has 5 employees. Beneficial owners: Mihails Baguzins.
Warning
Employee average salary is at or below minimum wage
| year | 2025Latest | 2024 | 2023 |
|---|---|---|---|
Revenue | 19,8k € -73.6% | 74,9k € -43.1% | 131,6k € -13.9% |
Profit | -13,1k € -28.1% | -10,2k € +46.1% | -18,9k € -40.3% |
Assets | 6k € -39.6% | 9,9k € -43.7% | 17,7k € -35.5% |
Liabilities | 35,1k € +35.1% | 26k € +10.5% | 23,5k € +64.3% |
Equity | -29,1k € -81.3% | -16,1k € -173.8% | -5,9k € -144.9% |
Employees | 3 +0.0% | 3 -62.5% | 8 +0.0% |
Overall rating | C+55/100 |
Financial health | 15/100 |
Credit history | 80/100 |
Legal history | 100/100 |
Business activity | 35/100 |
| Overall risk | Medium |
No risk flags | |
No tax debts | |
Negative profit | |
Regular report filing | |
| Name, surname | Birth date | Position | Representation rights | Registered | |
|---|---|---|---|---|---|
| Board member | Independently |
SIA MIHAĻ GROUP is located at Rīga, Ģertrūdes iela 105 - 9, LV-1009.
In 2025, SIA MIHAĻ GROUP had revenue of 19 752 EUR and loss of 13 053 EUR. Compared to previous year, revenue decreased by 73.6%. View full financial report →
In 2024, SIA MIHAĻ GROUP had an average of 5 employees. View tax history →
The beneficial owners of SIA MIHAĻ GROUP are Mihails Baguzins. View ownership details →
Yes, SIA MIHAĻ GROUP is registered as an active VAT payer with VAT number LV40203189689.
In 2024, the average gross salary at SIA MIHAĻ GROUP was approximately 495,75 € per month (net ~ 443,69 €). This is an approximate calculation. View salary details →
SIA MIHAĻ GROUP was founded on January 14, 2019. The company has been operating for 7 years.
| Indicator | Value | Rank | Comparison | |
|---|---|---|---|---|
Company age | 7 years | - | 0% | |
Net revenue | 19 752,00 € | - | 0% | |
Profit | -13 053,00 € | - | 0% | |
Equity | -29 106,00 € | - | 0% | |
Assets | 6007,00 € | - | 0% | |
Fixed assets | 738,00 € | - | 0% | |
Liquidity | 0.15 | - | 10% | |
Profitability | -66.1% | - | 10% | |
Registered capital | 2800,00 € | - | 0% |
Annual financial report for 2025.
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.
Registered in the Latvian company register.
| Name, surname | Birth date | Shares | Ownership rights | |
|---|---|---|---|---|
| Mihails Baguzins | 2800 | 100.00% |
| Name, surname | Nationality | Birth date | |
|---|---|---|---|
| Mihails Baguzins | LV |