SIA "Madana ST"Active
Key figures
Ratios
2025Balance sheet structure
Dividends
calculatedPaid out in dividends approximately 9400 € (1% 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 statements2010–2025
| 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Balance sheet — assets | ||||||||||||||||
| Total current assets | 133 214 | 148 881 | 139 523 | 157 529 | 162 524 | 152 988 | 154 236 | 177 486 | 318 820 | 466 418 | 635 695 | 558 396 | 722 148 | 766 452 | 887 892 | 983 082 |
| Total non-current assets | 39 790 | 33 263 | 26 992 | 34 760 | 37 454 | 28 334 | 52 646 | 69 329 | 56 202 | 44 210 | 33 974 | 76 733 | 48 396 | 61 626 | 89 011 | 79 351 |
| Total assets | 173 004 | 182 144 | 166 515 | 192 289 | 199 978 | 181 322 | 206 882 | 246 815 | 375 022 | 510 628 | 669 669 | 635 129 | 770 544 | 828 078 | 976 903 | 1 062 433 |
| Balance sheet — liabilities and equity | ||||||||||||||||
| Current liabilities | 50 529 | 75 700 | 73 153 | 121 448 | 133 954 | 98 983 | 77 530 | 69 522 | 76 277 | 147 147 | 203 846 | 218 993 | 307 371 | 234 507 | 242 232 | 313 173 |
| Non-current liabilities | 193 300 | 180 200 | 150 200 | 26 729 | 0 | 0 | 17 398 | 11 381 | 5230 | 0 | 21 000 | 32 631 | 30 379 | 23 732 | 34 617 | 26 092 |
| Total liabilities | 243 829 | 255 900 | 223 353 | 148 177 | 133 954 | 98 983 | 94 928 | 80 903 | 81 507 | 147 147 | 224 846 | 251 624 | 337 750 | 258 239 | 276 849 | 339 265 |
| Share capital | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Retained earnings of previous periods | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Profit for the year | -72 825 | -2931 | 16 918 | 2950 | 3259 | 16 315 | 29 615 | 53 957 | 127 603 | 93 591 | 81 343 | -61 318 | 49 289 | 113 430 | 130 215 | 32 514 |
| Total equity | -70 825 | -73 756 | -56 838 | 44 112 | 66 024 | 82 339 | 111 954 | 165 912 | 293 515 | 363 481 | 444 823 | 383 505 | 432 794 | 569 839 | 700 054 | 723 168 |
| Income statement | ||||||||||||||||
| Sales revenue | 118 274 | 161 368 | 192 126 | 259 547 | 495 467 | 557 053 | 604 826 | 663 024 | 692 559 | 787 245 | 689 178 | 823 436 | 1 022 158 | 1 075 797 | 1 095 404 | 1 146 657 |
| Operating profit | -64 588 | 2041 | 22 112 | 8669 | 11 070 | 24 573 | 30 623 | 62 933 | 127 507 | 93 491 | 81 954 | -59 530 | 61 595 | 115 352 | 131 795 | 38 146 |
| Profit before income tax | -72 414 | -2827 | 17 031 | 3054 | 3259 | 16 315 | 30 500 | 62 462 | 127 629 | 93 697 | 81 470 | -61 167 | 53 447 | 113 453 | 130 215 | 34 864 |
| Profit for the reporting year | -72 825 | -2931 | 16 918 | 2950 | 3259 | 16 315 | 29 615 | 53 957 | 127 603 | 93 591 | 81 343 | -61 318 | 49 289 | 113 430 | 130 215 | 32 514 |
| Labour costs | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Depreciation of non-current assets | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Other indicators | ||||||||||||||||
| Employees | 6 | 6 | 6 | 8 | 8 | 7 | 9 | 7 | 7 | 5 | 5 | 7 | 6 | 5 | 5 | 6 |
| Calculated dividend | — | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 23 625 | 0 | 0 | 0 | 0 | 0 | 9400 |
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: SIA "Madana ST"
Overview
SIA "Madana ST" (reg. no. 40103256377) is a limited liability company. The company was registered in 2009 and has been in the register for 17 years. Registered address: Kuldīgas nov., Kuldīga, 1905. gada iela 1.
Financial results
Revenue in 2025 was 1 146 657 €, up 4,7% on the previous year (1 095 404 €). From 2010 to 2025, revenue grew by an average of 16,4% per year. This is the company's highest revenue among the published years (2010–2025). Net profit for 2025 was 32 514 € (2,8% of revenue). The company was profitable in 13 of the 16 published years. In 2025 the company had 6 employees (5 a year earlier). Revenue per employee was 191 110 €. At the end of 2025, total assets were 1 062 433 € and equity 723 168 € (68,1% 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.