AS "MADARA Cosmetics"Active
Key figures
Ratios
2025Balance sheet structure
Dividends
from the reportDividends paid 3 480 347 € (20% of equity at the end of the previous year).
Summary of financial statements2011–2025
| 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Balance sheet — assets | |||||||||||||||
| Total current assets | 799 100 | 825 122 | 1 116 900 | 1 680 710 | 2 076 084 | 2 851 447 | 7 278 255 | 7 363 677 | 8 041 273 | 11 202 562 | 12 605 709 | 11 811 180 | 11 927 071 | 16 168 448 | 13 248 246 |
| Total non-current assets | 334 012 | 334 339 | 292 916 | 755 553 | 1 796 493 | 1 643 449 | 1 840 113 | 2 481 677 | 2 986 384 | 2 983 751 | 4 102 792 | 4 443 641 | 4 897 356 | 4 019 628 | 3 323 258 |
| Total assets | 1 133 112 | 1 159 461 | 1 409 816 | 2 436 263 | 3 872 577 | 4 494 896 | 9 118 368 | 9 845 354 | 11 027 657 | 14 186 313 | 16 708 501 | 16 254 821 | 16 824 427 | 20 188 076 | 16 571 504 |
| Balance sheet — liabilities and equity | |||||||||||||||
| Current liabilities | 161 004 | 206 752 | 309 426 | 369 050 | 654 431 | 864 464 | 1 294 130 | 1 107 042 | 1 394 376 | 1 730 153 | 2 117 991 | 2 298 601 | 2 441 191 | 2 560 976 | 2 852 777 |
| Non-current liabilities | 118 241 | 87 156 | 43 119 | 219 385 | 911 288 | 740 699 | 571 638 | 306 205 | 87 498 | 26 991 | 346 | 130 518 | 281 374 | 279 154 | 237 220 |
| Total liabilities | 279 245 | 293 908 | 352 545 | 588 435 | 1 565 719 | 1 605 163 | 1 865 768 | 1 413 247 | 1 481 874 | 1 757 144 | 2 118 337 | 2 429 119 | 2 722 565 | 2 840 130 | 3 089 997 |
| Share capital | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Retained earnings of previous periods | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Profit for the year | 187 757 | 96 948 | 226 429 | 410 545 | 489 018 | 803 104 | 1 246 097 | 1 516 579 | 1 563 105 | 3 445 172 | 3 668 691 | 1 120 826 | 1 597 379 | 5 436 295 | -388 921 |
| Total equity | 848 064 | 855 012 | 1 040 441 | 1 770 958 | 2 259 976 | 2 889 733 | 7 252 600 | 8 432 107 | 9 545 783 | 12 429 169 | 14 590 164 | 13 825 702 | 14 101 862 | 17 347 946 | 13 481 507 |
| Income statement | |||||||||||||||
| Sales revenue | 1 386 991 | 1 342 683 | 1 642 294 | 3 025 223 | 3 915 333 | 5 861 571 | 7 401 932 | 9 529 315 | 11 546 205 | 16 074 581 | 19 368 885 | 18 696 482 | 20 234 218 | 21 521 854 | 23 217 129 |
| Operating profit | 218 507 | 123 969 | 246 418 | 488 135 | 554 055 | 934 884 | 1 351 641 | 1 473 980 | 1 475 920 | 3 534 516 | 4 026 430 | 1 584 320 | 1 964 910 | 5 788 805 | 366 897 |
| Profit before income tax | 221 021 | 124 931 | 244 996 | 494 931 | 522 867 | 914 208 | 1 328 682 | 1 516 754 | 1 563 105 | 3 563 074 | 4 014 175 | 1 554 438 | 1 933 151 | 5 989 637 | 447 660 |
| Profit for the reporting year | 187 757 | 96 948 | 226 429 | 410 545 | 489 018 | 803 104 | 1 246 097 | 1 516 579 | 1 563 105 | 3 445 172 | 3 668 691 | 1 120 826 | 1 597 379 | 5 436 295 | -388 921 |
| Labour costs | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Depreciation of non-current assets | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Other indicators | |||||||||||||||
| Employees | 30 | 28 | 30 | 37 | 49 | 84 | 99 | 123 | 146 | 160 | 184 | 202 | 215 | 207 | 214 |
| Calculated dividend | 100 000 | 50 000 | 68 468 | 92 391 | 45 440 | 120 000 | 200 000 | 337 072 | 449 429 | 561 786 | 1 507 696 | 1 885 288 | 1 321 220 | 2 190 415 | 3 480 347 |
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: AS "MADARA Cosmetics"
Overview
AS "MADARA Cosmetics" (reg. no. 40003844254) is a joint-stock company. The company was registered in 2006 and has been in the register for 20 years. Registered address: Mārupes nov., Mārupe, Zeltiņu iela 131.
Financial results
Revenue in 2025 was 23 217 129 €, up 7,9% on the previous year (21 521 854 €). From 2011 to 2025, revenue grew by an average of 22,3% per year. This is the company's highest revenue among the published years (2011–2025). 2025 ended with a loss of 388 921 €. The company was profitable in 14 of the 15 published years. In 2025 the company had 214 employees (207 a year earlier). Revenue per employee was 108 491 €. At the end of 2025, total assets were 16 571 504 € and equity 13 481 507 € (81,4% of assets).
Management and owners
The board has 4 members. The company holds stakes in 3 active Latvian companies.
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.