AS Maag LatvijaActive
Key figures
Ratios
2025Balance sheet structure
Summary of financial statements2010–2025
| 2010 | 2011 | 2012 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Balance sheet — assets | |||||||||||||
| Total current assets | 3 888 428 | 3 394 648 | 4 082 043 | 4 964 100 | 5 613 635 | 8 089 742 | 7 387 097 | 7 233 866 | 8 818 082 | 9 480 366 | 11 166 716 | 10 552 642 | 11 042 538 |
| Total non-current assets | 6 459 159 | 6 137 180 | 9 389 600 | 10 697 014 | 10 515 316 | 8 996 607 | 7 971 276 | 7 469 285 | 6 937 410 | 6 334 930 | 5 508 863 | 5 093 107 | 6 043 361 |
| Total assets | 10 347 587 | 9 531 828 | 13 471 643 | 15 661 114 | 16 128 951 | 17 086 349 | 15 358 373 | 14 703 151 | 15 755 492 | 15 815 296 | 16 675 579 | 15 645 749 | 17 085 899 |
| Balance sheet — liabilities and equity | |||||||||||||
| Current liabilities | 4 430 786 | 6 110 954 | 10 746 951 | 4 761 182 | 4 882 667 | 5 462 804 | 6 681 302 | 5 922 915 | 6 724 246 | 7 748 376 | 8 852 268 | 7 243 677 | 7 001 517 |
| Non-current liabilities | 2 986 099 | 495 598 | 872 158 | 4 627 581 | 4 066 338 | 3 988 086 | 1 415 644 | 943 202 | 470 760 | 398 318 | 329 514 | 441 283 | 1 546 568 |
| Total liabilities | 7 416 885 | 6 606 552 | 11 619 109 | 9 388 763 | 8 949 005 | 9 450 890 | 8 096 946 | 6 866 117 | 7 195 006 | 8 146 694 | 9 181 782 | 7 684 960 | 8 548 085 |
| Share capital | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Retained earnings of previous periods | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Profit for the year | 314 371 | 87 578 | 126 848 | 654 518 | 917 922 | 1 070 892 | -394 342 | 614 052 | 702 537 | -829 615 | -183 507 | 140 341 | 757 510 |
| Total equity | 2 676 474 | 2 764 052 | 1 689 055 | 6 152 339 | 7 070 261 | 7 511 977 | 7 117 635 | 7 731 687 | 8 434 224 | 7 604 609 | 7 421 102 | 7 561 443 | 8 318 953 |
| Income statement | |||||||||||||
| Sales revenue | 24 198 864 | 27 238 492 | 24 304 020 | 33 678 564 | 34 474 865 | 38 635 408 | 43 413 663 | 49 202 432 | 50 169 887 | 52 909 429 | 60 083 281 | 56 387 294 | 60 104 313 |
| Operating profit | 601 347 | 335 940 | 135 553 | 1 005 116 | 722 110 | 1 223 975 | -289 029 | 669 391 | 727 030 | -824 132 | -180 294 | 125 275 | 793 981 |
| Profit before income tax | 418 144 | 173 465 | 49 006 | 812 987 | 568 117 | 1 074 853 | -390 029 | 628 545 | 725 490 | -823 673 | -175 935 | 160 276 | 776 269 |
| Profit for the reporting year | 314 371 | 87 578 | 126 848 | 654 518 | 917 922 | 1 070 892 | -394 342 | 614 052 | 702 537 | -829 615 | -183 507 | 140 341 | 757 510 |
| Labour costs | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Depreciation of non-current assets | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Other indicators | |||||||||||||
| Employees | 191 | 127 | 193 | 206 | 196 | 195 | 212 | 213 | 216 | 175 | 164 | 174 | 166 |
| Calculated dividend | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 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: AS Maag Latvija
Overview
AS Maag Latvija (reg. no. 40003057228) is a joint-stock company. The company was registered in 1992 and has been in the register for 34 years. Registered address: Rīga, Atlasa iela 7.
Financial results
Revenue in 2025 was 60 104 313 €, up 6,6% on the previous year (56 387 294 €). From 2010 to 2025, revenue grew by an average of 7,9% per year. This is the company's highest revenue among the published years (2010–2025). Net profit for 2025 was 757 510 € (1,3% of revenue). The company was profitable in 10 of the 13 published years. In 2025 the company had 166 employees (174 a year earlier). Revenue per employee was 362 074 €. At the end of 2025, total assets were 17 085 899 € and equity 8 318 953 € (48,7% of assets).
Management and owners
The board has 3 members.
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.