Sabiedrība ar ierobežotu atbildību "MG Baltic"Active
Key figures
Ratios
2025Balance sheet structure
Dividends
calculatedPaid out in dividends approximately 11 000 € (6% 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 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 | 58 384 | 24 340 | 47 382 | 38 629 | 82 982 | 158 742 | 75 660 | 104 567 | 101 517 | 64 217 | 130 382 | 128 521 | 145 968 | 131 146 | 193 059 | 156 276 | 165 164 |
| Total non-current assets | 1868 | 12 390 | 22 772 | 31 769 | 23 933 | 31 151 | 47 398 | 88 753 | 104 365 | 99 442 | 90 898 | 90 241 | 88 114 | 86 553 | 140 575 | 208 665 | 188 685 |
| Total assets | 60 252 | 36 730 | 70 154 | 70 398 | 106 915 | 189 893 | 123 058 | 193 320 | 205 882 | 163 659 | 221 280 | 218 762 | 234 082 | 217 699 | 333 634 | 364 941 | 353 849 |
| Balance sheet — liabilities and equity | |||||||||||||||||
| Current liabilities | 56 689 | 33 284 | 64 422 | 56 605 | 94 031 | 167 117 | 87 741 | 136 464 | 135 831 | 117 636 | 171 048 | 150 748 | 139 310 | 73 784 | 128 857 | 69 793 | 76 640 |
| Non-current liabilities | 100 | 0 | 0 | 8733 | 5779 | 3823 | 11 421 | 9139 | 9709 | 3971 | 0 | 0 | 0 | 0 | 41 436 | 100 644 | 54 448 |
| Total liabilities | 56 789 | 33 284 | 64 422 | 65 338 | 99 810 | 170 940 | 99 162 | 145 603 | 145 540 | 121 607 | 171 048 | 150 748 | 139 310 | 73 784 | 170 293 | 170 437 | 131 088 |
| Share capital | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Retained earnings of previous periods | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Profit for the year | -1837 | -17 | 2286 | -672 | 2045 | 8843 | 13 786 | 26 010 | 32 625 | 14 335 | 28 179 | 31 854 | 26 758 | 49 143 | 32 426 | 39 162 | 39 257 |
| Total equity | 3463 | 3446 | 5732 | 5060 | 7105 | 18 953 | 23 896 | 47 717 | 60 342 | 42 052 | 50 232 | 68 014 | 94 772 | 143 915 | 163 341 | 194 504 | 222 761 |
| Income statement | |||||||||||||||||
| Sales revenue | 189 466 | 270 455 | 356 396 | 347 357 | 381 032 | 745 977 | 730 207 | 732 049 | 746 512 | 688 608 | 672 640 | 733 705 | 702 570 | 516 381 | 603 398 | 597 920 | 562 268 |
| Operating profit | -1390 | 323 | 2382 | -288 | 2557 | 11 405 | 16 879 | 31 138 | 38 043 | 13 155 | 27 841 | 33 209 | 25 168 | 47 093 | 35 411 | 45 770 | 43 234 |
| Profit before income tax | -2340 | -117 | 2286 | -672 | 2045 | 10 897 | 16 276 | 30 916 | 39 182 | 14 357 | 28 298 | 34 199 | 26 766 | 49 143 | 35 676 | 41 162 | 42 007 |
| Profit for the reporting year | -1837 | -17 | 2286 | -672 | 2045 | 8843 | 13 786 | 26 010 | 32 625 | 14 335 | 28 179 | 31 854 | 26 758 | 49 143 | 32 426 | 39 162 | 39 257 |
| Labour costs | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Depreciation of non-current assets | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Other indicators | |||||||||||||||||
| Employees | 1 | 1 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 2 |
| Calculated dividend | 0 | 0 | 0 | 0 | 0 | 0 | 8843 | 2189 | 20 000 | 32 625 | 19 999 | 14 072 | 0 | 0 | 13 000 | 7999 | 11 000 |
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 "MG Baltic"
Overview
Sabiedrība ar ierobežotu atbildību "MG Baltic" (reg. no. 40003766068) is a limited liability company. The company was registered in 2005 and has been in the register for 21 years. Registered address: Bauskas nov., Iecava, Pārupes iela 14.
Financial results
Revenue in 2025 was 562 268 €, down 6,0% on the previous year (597 920 €). From 2009 to 2025, revenue grew by an average of 7,0% per year. Net profit for 2025 was 39 257 € (7,0% of revenue). The company was profitable in 14 of the 17 published years. In 2025 the company had 2 employees. Revenue per employee was 281 134 €. At the end of 2025, total assets were 353 849 € and equity 222 761 € (63,0% of assets).
Management and owners
The company has one board member. 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.