Sabiedrība ar ierobežotu atbildību "MD Concept"Active
Key figures
Ratios
2021Balance sheet structure
Dividends
calculatedPaid out in dividends approximately 40 000 € (65% 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 statements2008–2021
| 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Balance sheet — assets | ||||||||||||||
| Total current assets | 71 536 | 62 645 | 48 144 | 137 668 | 204 052 | 136 569 | 216 422 | 142 766 | 194 172 | 121 350 | 228 289 | 220 093 | 468 099 | 363 900 |
| Total non-current assets | 12 551 | 3862 | 2503 | 2519 | 20 785 | 19 789 | 20 973 | 16 658 | 10 625 | 6271 | 2641 | 2641 | 4228 | 1963 |
| Total assets | 84 087 | 66 507 | 50 647 | 140 187 | 224 837 | 156 358 | 237 395 | 159 424 | 204 797 | 127 621 | 230 930 | 222 734 | 472 327 | 365 863 |
| Balance sheet — liabilities and equity | ||||||||||||||
| Current liabilities | 81 160 | 71 920 | 62 795 | 151 324 | 210 586 | 108 840 | 172 670 | 94 079 | 141 079 | 63 743 | 191 973 | 173 716 | 411 027 | 322 807 |
| Non-current liabilities | 152 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total liabilities | 81 312 | 71 920 | 62 795 | 151 324 | 210 586 | 108 840 | 172 670 | 94 079 | 141 079 | 63 743 | 191 973 | 173 716 | 411 027 | 322 807 |
| Share capital | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Retained earnings of previous periods | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Profit for the year | 1635 | -8188 | -6735 | 1011 | 25 388 | 3267 | -2886 | 620 | 180 | 160 | 1078 | 10 061 | 12 282 | 21 756 |
| Total equity | 1537 | -6651 | -13 386 | -12 375 | 13 013 | 46 280 | 62 964 | 63 584 | 63 718 | 63 878 | 38 957 | 49 018 | 61 300 | 43 056 |
| Income statement | ||||||||||||||
| Sales revenue | 197 212 | 153 009 | 42 789 | 97 540 | 211 041 | 317 989 | 315 261 | 302 754 | 302 530 | 324 519 | 163 438 | 255 816 | 322 495 | 482 592 |
| Operating profit | 1635 | -8340 | -6735 | 4050 | 28 910 | 3267 | -2886 | 1835 | 1007 | 975 | 1078 | 10 061 | 12 282 | 21 756 |
| Profit before income tax | 1635 | -8340 | -6735 | 4050 | 28 910 | 3267 | -2886 | 1835 | 1007 | 975 | 1078 | 10 061 | 12 282 | 21 756 |
| Profit for the reporting year | 1635 | -8188 | -6735 | 1011 | 25 388 | 3267 | -2886 | 620 | 180 | 160 | 1078 | 10 061 | 12 282 | 21 756 |
| Labour costs | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Depreciation of non-current assets | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Other indicators | ||||||||||||||
| Employees | 4 | 3 | 3 | 4 | 3 | 3 | 4 | 4 | 4 | 4 | 4 | 2 | 3 | 3 |
| Calculated dividend | 9118 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 25 999 | 0 | 0 | 40 000 |
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: Sabiedrība ar ierobežotu atbildību "MD Concept"
Overview
Sabiedrība ar ierobežotu atbildību "MD Concept" (reg. no. 40003766015) is a limited liability company. The company was registered in 2005 and has been in the register for 21 years. Registered address: Rīga, Brīvības gatve 293A - 1.
Financial results
Revenue in 2021 was 482 592 €, up 49,6% on the previous year (322 495 €). From 2008 to 2021, revenue grew by an average of 7,1% per year. This is the company's highest revenue among the published years (2008–2021). Net profit for 2021 was 21 756 € (4,5% of revenue). The company was profitable in 11 of the 14 published years. In 2021 the company had 3 employees. Revenue per employee was 160 864 €. At the end of 2021, total assets were 365 863 € and equity 43 056 € (11,8% of assets).
Management and owners
The company has one board member. The sole owner of the company is a private individual.
Points to note
The latest published annual report is for 2021.
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.