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Company information

"ABRAZĪVO MATERIĀLU SERVISS" SIA

ABRAZIVO MATERIALU SERVISS

"Elingi", Salas pag., Mārupes nov., LV-2105

Registration No.

40003498075

Status

Removed from the register

Register

Commercial Register

Registered on

2000-06-13 – 2025-08-21

Legal form

Limited Liability Company

Equity capital

Paid-up equity 2840 €

Registered payment 2016-05-18

Financial key indicatorsLatest year: 2024

Overall financial risk (latest available year)

Moderate financial risk

LiquiditySolvencyProfitability

This summary is based only on the publicly available balance sheet, income statement and, if present, cash flow statement. For small and micro entities some indicators may be missing.

Turnover

6,399 EUR

Net result

-2,744 EUR

Margin: -42.9%

Balance sheet size

24,865 EUR

Equity: 23,318 EUR (93.8%)

Liquidity (short-term payments)

Comfortable

The company appears able to cover its short-term liabilities from its current assets with some safety margin.

Current ratio
13.4
Quick ratio
13.4

Solvency (capital strength)

Solid

A significant part of the company is financed by its own capital, which usually means lower long-term financial risk.

Equity ratio
93.8%
Debt-to-assets
6.2%

Profitability & cash flow

Loss-making

The company reports a loss for the year, which increases financial risk if it continues over several periods.

Net margin
-42.9%
Return on assets (ROA)
-11.0%
Operating cash flow
Not available (cash flow statement may not be required for small companies)

Simple trend (last 3 years)

Colour hints show improvement or deterioration across years.

YearTurnoverNet marginEquity ratioCurrent ratio
20246,399-42.9%93.8%13.4
20237,671-47.6%94.2%9.6
20228,434-30.4%70.1%1.7

Trends are indicative only. Small changes can be caused by rounding, classification or changes in reporting format.

Key metrics by year

Each column shows one reporting year. Some metrics may be missing if they are not required in the filed report.

Metric20242023202220212020
Turnover6,3997,6718,43412,03015,513
Net result-2,744-3,652-2,565-2,12411,721
Net margin-42.9%-47.6%-30.4%-17.7%75.6%
Return on assets (ROA)-11.0%-13.2%-6.0%-4.9%31.8%
Equity ratio93.8%94.2%70.1%74.3%93.3%
Debt-to-assets6.2%5.8%29.9%25.7%6.7%
Current ratio13.49.61.71.314.8
Quick ratio13.49.61.71.314.8
Operating cash flow–––––

Values are derived from the published balance sheet, income statement and cash flow statement (if available). A missing value usually means that the line item is not reported or not required for that entity size.

Meta

Label2024202320222021202020192018201720162015201420132012201120102008
Year Started2024-01-012023-01-012022-01-012021-01-012020-01-012019-01-012018-01-012017-01-012016-01-012015-01-012014-01-012013-01-012012-01-012011-01-012010-01-012008-01-01
Year Ended2024-12-312023-12-312022-12-312021-12-312020-12-312019-12-312018-12-312017-12-312016-12-312015-12-312014-12-312013-12-312012-12-312011-12-312010-12-312008-12-31
Report date2025-01-282024-03-292023-03-222022-03-012021-01-182020-03-232019-03-272018-04-122017-04-262016-04-262015-05-012014-12-082013-05-05—2011-05-092009-05-01
Employees0000000001333222
CurrencyEUREUREUREUREUREUREUREUREUREUREURLVLLVLLVLLVLLVL
Rounded ToONESONESONESONESONESONESONESONESONESONESONESONESONESONESONESONES
Source SchemaDokGPv1DokGPv1DokGPv1DokGPv1DokGPv1DokGPv1DokGPv1DokGPUIENv1DokGPUIENv1DokUGP2008v1DokUGP2008v1DokUGP2008v1DokUGP2008v1DokUGP2008v1DokUGP2008v1DokUGP2008v1
Source TypeUGPUGPUGPUGPUGPUGPUGPUGPUGP———————

Balance sheet

Per year

Label2024202320222021202020192018201720162015201420132012201120102008
Cash10,7455,46721,98814,96636,84120,8369,3746,69313,7362,157144261902,5324,615
Accounts Receivable10,05610,01410014513,3051,7456511,55801,9836,11311,28611,55215,01311,439
Inventory00000000017910,203008,7025,4385,438
Current Assets20,80115,48122,08814,98036,89224,14111,1197,3441,5593,91514,3436,12711,71220,44422,98321,492
Fixed Assets4,06412,19120,31928,44702831,8682733,5406,80600000640
Non-Current Assets4,06412,19120,31928,44702831,8682733,5406,80600000640
Total Assets24,86527,67242,40743,42736,89224,42412,9877,6175,09910,72114,3436,12711,71220,44422,98322,132
Current Liabilities1,5471,61012,69311,1482,4896171,89028,49641,45758,73359,77147,02651,75963,48750,1850
Non-Current Liabilities00000000000000043,702
Equity23,31826,06229,71432,27934,40323,80711,097-20,879-36,358-48,012-45,428-40,899-40,047-43,043-27,202-21,570
Total24,86527,67242,40743,42736,89224,42412,9877,6175,09910,72114,3436,12711,71220,44422,98322,132

Income statement

Per year

Label2024202320222021202020192018201720162015201420132012201120102008
Net Turnover6,3997,6718,43412,03015,51327,10444,01026,60520,81614,46427,02410,47316,9947,53119,73928,236
Cost of Goods Sold8,1289,3649,81411,0162,1234,8669,6855,8884,6969,38910,4776,8689,95518,38521,60522,493
Gross Profit-1,729-1,693-1,3801,01413,39022,23834,32520,71716,1205,07516,5473,6057,039-10,854-1,8665,743
Selling Expenses7121,6228401,5341,3021,5431,9714,2284,1134,825000008,724
Administrative Expenses3033072962932943573593353482,8243,5034,3654,0434,027014,169
Other Operating Revenues000006390010000003
Other Operating Expenses0001,23773000002799209602,758208
Interest Expenses0304974014190010000000
Income Before Income Taxes-2,744-3,652-2,565-2,12411,72120,96331,97616,15411,660-2,58412,765-8522,996-15,841-4,624-17,355
Provision For Income Taxes000000067500000000
Income After Income Taxes-2,744-3,652-2,565-2,12411,72120,96331,97615,47911,6600000000
Net Income-2,744-3,652-2,565-2,12411,72120,96331,97615,47911,660-2,58412,765-8522,996-15,841-4,624-17,355

Cash flow statement

Per year

Label2024202320222021202020192018201720162015201420132012201120102008
Income Before Taxes000000000000000-17,355
Operating Cash Flow000000000000000-14,196
Net Operating Cash Flow000000000000000-14,196
Loans Received0000000000000009,700
Net Financing Cash Flow0000000000000009,700
Net Increase000000000000000-4,496
At Beginning of Year0000000000000009,111
At End of Year0000000000000004,615