SIA "MAGNESS"Active
Key figures
Ratios
2025Balance sheet structure
Summary of financial statements2009–2025
| 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Balance sheet — assets | |||||||||||||||||
| Total current assets | 76 811 | 72 109 | 70 817 | 78 603 | 91 693 | 146 094 | 152 703 | 147 588 | 145 026 | 148 555 | 125 813 | 127 069 | 123 924 | 120 054 | 119 528 | 120 306 | 98 590 |
| Total non-current assets | 109 870 | 110 596 | 5791 | 2786 | 2230 | 697 | 508 | 334 | 674 | 311 | 107 | 0 | 0 | 899 | 485 | 70 | 0 |
| Total assets | 186 681 | 182 705 | 76 608 | 81 389 | 93 923 | 146 791 | 153 211 | 147 922 | 145 700 | 148 866 | 125 920 | 127 069 | 123 924 | 120 953 | 120 013 | 120 376 | 98 590 |
| Balance sheet — liabilities and equity | |||||||||||||||||
| Current liabilities | 3445 | 2804 | 3840 | 12 142 | 7863 | 6736 | 16 936 | 6177 | 10 549 | 31 952 | 48 476 | 48 349 | 41 539 | 27 288 | 25 926 | 21 931 | 33 242 |
| Non-current liabilities | 191 689 | 186 351 | 71 275 | 70 051 | 88 710 | 143 728 | 138 944 | 143 203 | 140 463 | 125 063 | 125 063 | 125 063 | 125 063 | 132 233 | 122 233 | 122 000 | 119 000 |
| Total liabilities | 195 134 | 189 155 | 75 115 | 82 193 | 96 573 | 150 464 | 155 880 | 149 380 | 151 012 | 157 015 | 173 539 | 173 412 | 166 602 | 159 521 | 148 159 | 143 931 | 152 242 |
| Share capital | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Retained earnings of previous periods | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Profit for the year | -18 463 | 2003 | 943 | -2297 | -1846 | 98 | 1004 | 1211 | -3854 | -2837 | -39 470 | 1277 | 3665 | 4112 | 10 421 | 4591 | -30 097 |
| Total equity | -8453 | -6450 | 1493 | -804 | -2650 | -3673 | -2669 | -1458 | -5312 | -8149 | -47 619 | -46 343 | -42 678 | -38 568 | -28 146 | -23 555 | -53 652 |
| Income statement | |||||||||||||||||
| Sales revenue | 142 567 | 140 288 | 166 497 | 122 489 | 92 342 | 68 882 | 26 693 | 49 899 | 41 521 | 62 224 | 90 541 | 88 715 | 92 127 | 79 915 | 79 685 | 96 853 | 34 011 |
| Operating profit | -17 912 | 2362 | 1122 | -2152 | -1846 | 371 | 1193 | 1456 | -3854 | -2837 | -39 470 | 1277 | 3665 | 4112 | 10 421 | 4591 | -30 097 |
| Profit before income tax | -17 911 | 2362 | 1122 | -2152 | -1846 | 371 | 1193 | 1456 | -3854 | -2837 | -39 470 | 1277 | 3665 | 4112 | 10 421 | 4591 | -30 097 |
| Profit for the reporting year | -18 463 | 2003 | 943 | -2297 | -1846 | 98 | 1004 | 1211 | -3854 | -2837 | -39 470 | 1277 | 3665 | 4112 | 10 421 | 4591 | -30 097 |
| Labour costs | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Depreciation of non-current assets | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Other indicators | |||||||||||||||||
| Employees | 4 | 3 | 3 | 4 | 4 | 5 | 5 | 5 | 5 | 3 | 3 | 3 | 3 | 3 | 5 | 4 | 4 |
| Calculated dividend | 0 | 0 | 0 | 0 | 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: SIA "MAGNESS"
Overview
SIA "MAGNESS" (reg. no. 40003337366) is a limited liability company. The company was registered in 1997 and has been in the register for 29 years. Registered address: Tukuma nov., Tukums, Zemītes iela 5/2.
Financial results
Revenue in 2025 was 34 011 €, down 64,9% on the previous year (96 853 €). From 2009 to 2025, revenue declined by an average of 8,6% per year. 2025 ended with a loss of 30 097 €. The company was profitable in 10 of the 17 published years. In 2025 the company had 4 employees. Revenue per employee was 8503 €.
Management and owners
The company has one board member. The sole owner of the company is a private individual.
Points to note
Equity was negative at the end of 2025 (-53 652 €).
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 02.11.2026. Changes, averages and ratios are calculated by entity.lv from open data and are not an official assessment.