Akciju sabiedrība "Master Industry"Active
Key figures
Ratios
2024Balance sheet structure
Dividends
calculatedPaid out in dividends approximately 280 002 € (8% of equity at the end of the previous year).
Low confidence: the company does not file a cash flow statement, so the amount is an estimate from changes in equity — it may also include other reductions of equity (e.g. a share capital reduction).
Summary of financial statements2010–2024
| 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Balance sheet — assets | |||||||||||||||
| Total current assets | 22 513 | 165 802 | 185 721 | 196 944 | 234 160 | 252 726 | 335 858 | 1 043 069 | 893 679 | 1 147 917 | 1 265 462 | 2 433 587 | 2 539 127 | 1 994 264 | 2 236 377 |
| Total non-current assets | 428 610 | 499 075 | 864 812 | 853 028 | 1 919 060 | 1 860 965 | 1 820 656 | 1 805 611 | 1 704 812 | 1 614 340 | 2 446 173 | 2 357 989 | 2 614 957 | 2 694 148 | 2 244 247 |
| Total assets | 451 123 | 664 877 | 1 050 533 | 1 049 972 | 2 153 220 | 2 113 691 | 2 156 514 | 2 848 680 | 2 598 491 | 2 762 257 | 3 711 635 | 4 791 576 | 5 154 084 | 4 688 412 | 4 480 624 |
| Balance sheet — liabilities and equity | |||||||||||||||
| Current liabilities | 25 429 | 175 969 | 158 601 | 151 728 | 124 432 | 171 457 | 244 261 | 702 719 | 207 464 | 337 747 | 1 034 538 | 1 208 030 | 747 335 | 542 144 | 782 160 |
| Non-current liabilities | 0 | 63 780 | 67 162 | 74 337 | 366 061 | 295 945 | 229 555 | 289 729 | 166 413 | 134 345 | 178 722 | 50 000 | 50 000 | 444 618 | 76 519 |
| Total liabilities | 25 429 | 239 749 | 225 763 | 226 065 | 490 493 | 467 402 | 473 816 | 992 448 | 373 877 | 472 092 | 1 213 260 | 1 258 030 | 797 335 | 986 762 | 858 679 |
| Share capital | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Retained earnings of previous periods | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Profit for the year | 65 047 | -125 | 569 849 | 729 | 32 489 | -16 941 | 17 122 | 174 876 | 372 559 | 64 170 | 214 022 | 868 280 | 509 000 | -644 114 | 200 297 |
| Total equity | 423 179 | 423 054 | 821 903 | 822 632 | 1 660 752 | 1 643 811 | 1 682 698 | 1 856 232 | 2 224 614 | 2 290 165 | 2 498 375 | 3 533 546 | 4 356 749 | 3 701 650 | 3 621 945 |
| Income statement | |||||||||||||||
| Sales revenue | 64 842 | 86 174 | 108 900 | 66 127 | 178 394 | 285 594 | 236 684 | 1 536 386 | 2 578 412 | 697 171 | 2 659 871 | 5 026 277 | 4 822 141 | 738 636 | 1 782 967 |
| Operating profit | 72 429 | 11 731 | 584 323 | 6560 | 62 400 | -711 | 25 127 | 213 217 | 381 828 | 78 969 | 212 852 | 920 182 | 543 987 | -605 073 | 56 452 |
| Profit before income tax | 70 979 | 3464 | 576 150 | 3690 | 53 261 | -7693 | 17 122 | 187 012 | 376 060 | 69 118 | 225 742 | 880 979 | 519 585 | -644 114 | 200 297 |
| Profit for the reporting year | 65 047 | -125 | 569 849 | 729 | 32 489 | -16 941 | 17 122 | 174 876 | 372 559 | 64 170 | 214 022 | 868 280 | 509 000 | -644 114 | 200 297 |
| Labour costs | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Depreciation of non-current assets | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Other indicators | |||||||||||||||
| Employees | 1 | 7 | 7 | 5 | 5 | 10 | 6 | 6 | 13 | 13 | 35 | 43 | 48 | 24 | 22 |
| Calculated dividend | — | 0 | 171 000 | 0 | 0 | 0 | 0 | 1342 | 4177 | 0 | 5812 | 0 | 0 | 10 985 | 280 002 |
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: Akciju sabiedrība "Master Industry"
Overview
Akciju sabiedrība "Master Industry" (reg. no. 40003548380) is a joint-stock company. The company was registered in 2001 and has been in the register for 25 years. Registered address: Siguldas nov., Sigulda, Lauku iela 3.
Financial results
Revenue in 2024 was 1 782 967 €, up 141% on the previous year (738 636 €). From 2010 to 2024, revenue grew by an average of 26,7% per year. Net profit for 2024 was 200 297 € (11,2% of revenue). The company was profitable in 12 of the 15 published years. In 2024 the company had 22 employees (24 a year earlier). Revenue per employee was 81 044 €. At the end of 2024, total assets were 4 480 624 € and equity 3 621 945 € (80,8% of assets).
Management and owners
The company has one board member. The company holds a stake in one other active Latvian company.
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.