SIA "MG INDUSTRY"Active
Key figures
Ratios
2025Balance sheet structure
Dividends
calculatedNo dividends were paid.
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 | 2000 | 7361 | 55 464 | 14 639 | 11 655 | 11 302 | 31 447 | 19 002 | 726 | 3165 | 44 694 | 38 894 | 54 921 | 10 193 | 371 810 | 1 645 723 |
| Total non-current assets | 0 | 0 | 8897 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 52 452 | 97 733 | 104 861 | 407 948 |
| Total assets | 2000 | 7361 | 64 361 | 14 639 | 11 655 | 11 302 | 31 447 | 19 002 | 726 | 3165 | 44 694 | 38 894 | 107 373 | 107 926 | 476 671 | 2 053 671 |
| Balance sheet — liabilities and equity | ||||||||||||||||
| Current liabilities | 0 | 794 | 48 798 | 13 012 | 13 336 | 13 317 | 37 192 | 29 636 | 51 059 | 50 882 | 30 222 | 26 308 | 33 920 | 22 747 | 319 863 | 1 258 748 |
| Non-current liabilities | 0 | 12 614 | 19 388 | 6670 | 3991 | 3991 | 0 | 0 | 0 | 0 | 0 | 0 | 25 000 | 11 075 | 0 | 21 630 |
| Total liabilities | 0 | 13 408 | 68 186 | 19 682 | 17 327 | 17 308 | 37 192 | 29 636 | 51 059 | 50 882 | 30 222 | 26 308 | 58 920 | 33 822 | 319 863 | 1 280 378 |
| Share capital | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Retained earnings of previous periods | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Profit for the year | 0 | -8047 | 2222 | -1218 | 1504 | -334 | 307 | -4889 | -39 698 | 2616 | 62 189 | -1186 | 35 867 | 25 651 | 89 203 | 193 986 |
| Total equity | 2000 | -6047 | -3825 | -5043 | -5672 | -6006 | -5745 | -10 634 | -50 333 | -47 717 | 14 472 | 12 586 | 48 453 | 74 104 | 156 808 | 773 293 |
| Income statement | ||||||||||||||||
| Sales revenue | 0 | 1862 | 59 326 | 44 427 | 6998 | 0 | 56 878 | 241 377 | 124 247 | 416 880 | 257 461 | 75 725 | 197 130 | 71 923 | 838 995 | 3 889 628 |
| Operating profit | 0 | -8047 | 2315 | -984 | 1504 | -334 | 395 | -4889 | -39 648 | 2616 | 62 189 | -1011 | 35 867 | 25 651 | 90 588 | 209 178 |
| EBITDA | 0 | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Profit before income tax | 0 | -8047 | 2222 | -1218 | 1504 | -334 | 395 | -4889 | -39 648 | 2616 | 62 189 | -1011 | 35 867 | 25 651 | 90 948 | 203 219 |
| Profit for the reporting year | 0 | -8047 | 2222 | -1218 | 1504 | -334 | 307 | -4889 | -39 698 | 2616 | 62 189 | -1186 | 35 867 | 25 651 | 89 203 | 193 986 |
| Labour costs | 0 | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Depreciation of non-current assets | 0 | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Other indicators | ||||||||||||||||
| Employees | 0 | 1 | 1 | 1 | 1 | 1 | 1 | 3 | 1 | 1 | 1 | 3 | 4 | 2 | 5 | 20 |
| Calculated dividend | — | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 700 | 0 | 0 | 6499 | 0 |
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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Related companies
- SIA "MG INDUSTRY 2" — 18,6%
Summary: SIA "MG INDUSTRY"
Overview
SIA "MG INDUSTRY" (reg. no. 40103280415) is a limited liability company. The company was registered in 2010 and has been in the register for 16 years. Registered address: Jelgava, Neretas iela 3.
Financial results
Revenue in 2025 was 3 889 628 €, up 364% on the previous year (838 995 €). This is the company's highest revenue among the published years (2010–2025). Net profit for 2025 was 193 986 € (5,0% of revenue). The company was profitable in 9 of the 16 published years. In 2025 the company had 20 employees (5 a year earlier). Revenue per employee was 194 481 €. At the end of 2025, total assets were 2 053 671 € and equity 773 293 € (37,7% of assets).
Management and owners
The board has 2 members. According to the register, the company has 12 owners. The largest stake (9,9%) is held by a private individual. The company holds a stake in one other active Latvian company.
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.