SIA "MAGNET PROMOTIONS"Active

40003639069Limited liability companyFounded 2003

Key figures

92 317 €-10,7%
Revenue 2025
-8,5%
Average annual change 2008–2025
0100 k200 k300 k400 k’08’09’11’12’13’14’15’16’17’18’19’20’21’22’23’24’25

Ratios

2025
Balance sheet structure
Current assetsNon-current assetsLiabilitiesEquity
025 k50 k75 k’08’09’11’12’13’14’15’16’17’18’19’20’21’22’23’24’25

Dividends

calculated
2025

Paid out in dividends approximately 7734 € (73% 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).

History
2025 ~7734 €
2024 ~7719 €
2023 ~11 964 €
2022 ~4405 €
2021 ~12 189 €
2020 ~6986 €
2019 ~26 675 €
2018 ~12 932 €
2017 ~18 515 €
2016 ~22 310 €
20150 €
20146419 €
20130 €
20123456 €
20110 €
200920 643 €
20084566 €
Summary of financial statements2008–2025
20082009201120122013201420152016201720182019202020212022202320242025
Balance sheet — assets
Total current assets54 45415 16611 105960314 011823231 74327 14025 21740 79222 40824 41616 86230 18348 43038 48937 920
Total non-current assets17 78212 24940611009151863601725983511031117335770150514
Total assets72 23627 41515 16610 61214 162831832 10327 31225 81541 14322 51124 52716 93530 21849 20038 63938 434
Balance sheet — liabilities and equity
Current liabilities46 65224 208857973946134398961605103906611 62212 6799492968415 40838 63528 05928 385
Non-current liabilities00000000000000000
Total liabilities46 65224 208857973946134398961605103906611 62212 6799492968415 40838 63528 05928 385
Share capital—————————————————
Retained earnings of previous periods—————————————————
Profit for the year20 643-2093608433528948522 31018 51512 93226 675698612 189440511 964771977347203
Total equity22 6431791584024337289333125 15621 36115 77829 521983215 035725114 81010 56510 58010 049
Income statement
Sales revenue385 222107 76595 70979 63285 56043 169117 128122 068111 178153 423125 53792 23266 71477 823122 694103 36192 317
Operating profit24 065-2334299868624257426 19121 83915 37026 68313 66314 144745213 06510 71096649150
Profit before income tax24 108-2084299868624257426 19121 83915 37026 68313 66314 144745213 06510 71096649150
Profit for the reporting year20 643-2093608433528948522 31018 51512 93226 675698612 189440511 964771977347203
Labour costs—————————————————
Depreciation of non-current assets—————————————————
Other indicators
Employees76333323333222222
Calculated dividend456620 6430345606419022 31018 51512 93226 675698612 189440511 96477197734

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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100%SIA "MAGNET PROMOTION…1Mihelsons AndrisKokorēviča ĒrikaEglīte Inga
CompanyPersonShareholderOther roleAdditional link

Related companies

Shared members or board members
Same registered address

Summary: SIA "MAGNET PROMOTIONS"

Overview

SIA "MAGNET PROMOTIONS" (reg. no. 40003639069) is a limited liability company. The company was registered in 2003 and has been in the register for 23 years. Registered address: Rīga, Stopiņu iela 29.

Financial results

Revenue in 2025 was 92 317 €, down 10,7% on the previous year (103 361 €). From 2008 to 2025, revenue declined by an average of 8,5% per year. Net profit for 2025 was 7203 € (7,8% of revenue). The company was profitable in 16 of the 17 published years. In 2025 the company had 2 employees. Revenue per employee was 46 159 €. At the end of 2025, total assets were 38 434 € and equity 10 049 € (26,1% of assets).

Management and owners

The board has 2 members. The sole owner of the company is a private individual.

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.