Sabiedrība ar ierobežotu atbildību "MGS FACTORY"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 | 417 | 856 | 5538 | 20 385 | 20 920 | 33 752 | 40 617 | 58 600 | 67 870 | 54 516 | 99 958 | 124 886 | 223 247 | 192 284 | 201 180 | 279 554 |
| Total non-current assets | 114 | 154 | 191 | 36 085 | 55 800 | 64 841 | 70 223 | 68 490 | 50 751 | 53 678 | 70 263 | 98 304 | 94 073 | 95 231 | 95 882 | 89 036 |
| Total assets | 531 | 1010 | 5729 | 56 470 | 76 720 | 98 593 | 110 840 | 127 090 | 118 621 | 108 194 | 170 221 | 223 190 | 317 320 | 287 515 | 297 062 | 368 590 |
| Balance sheet — liabilities and equity | ||||||||||||||||
| Current liabilities | 1683 | 8307 | 12 336 | 18 234 | 31 240 | 28 460 | 34 984 | 35 039 | 57 377 | 60 890 | 67 156 | 69 197 | 142 753 | 104 584 | 58 355 | 89 889 |
| Non-current liabilities | 0 | 0 | 0 | 36 213 | 49 694 | 45 857 | 38 610 | 24 269 | 16 081 | 21 260 | 12 987 | 52 088 | 51 355 | 22 061 | 18 013 | 52 328 |
| Total liabilities | 1683 | 8307 | 12 336 | 54 447 | 80 934 | 74 317 | 73 594 | 59 308 | 73 458 | 82 150 | 80 143 | 121 285 | 194 108 | 126 645 | 76 368 | 142 217 |
| Share capital | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Retained earnings of previous periods | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Profit for the year | -1153 | -6145 | 690 | 6631 | -7092 | 28 490 | 12 970 | 30 536 | 2381 | -19 119 | 64 034 | 11 827 | 21 307 | 37 658 | 59 824 | 5679 |
| Total equity | -1152 | -7297 | -6607 | 2023 | -4214 | 24 276 | 37 246 | 67 782 | 45 163 | 26 044 | 90 078 | 101 905 | 123 212 | 160 870 | 220 694 | 226 373 |
| Income statement | ||||||||||||||||
| Sales revenue | 603 | 4563 | 18 318 | 56 723 | 92 701 | 186 599 | 193 747 | 329 532 | 209 117 | 249 156 | 447 849 | 691 441 | 619 867 | 821 252 | 1 015 736 | 775 548 |
| Operating profit | -1153 | -6145 | 690 | 6631 | -7092 | 28 490 | 13 478 | 35 482 | 3155 | -18 734 | 64 926 | 12 958 | 22 712 | 38 805 | 61 398 | 6942 |
| Profit before income tax | -1153 | -6145 | 690 | 6631 | -7092 | 28 490 | 13 478 | 35 482 | 2381 | -19 076 | 64 137 | 11 975 | 21 471 | 37 658 | 59 994 | 5679 |
| Profit for the reporting year | -1153 | -6145 | 690 | 6631 | -7092 | 28 490 | 12 970 | 30 536 | 2381 | -19 119 | 64 034 | 11 827 | 21 307 | 37 658 | 59 824 | 5679 |
| Labour costs | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Depreciation of non-current assets | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Other indicators | ||||||||||||||||
| Employees | 1 | 1 | 1 | 5 | 5 | 7 | 7 | 8 | 7 | 9 | 11 | 19 | 17 | 15 | 17 | 15 |
| Calculated dividend | — | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 25 000 | 0 | 0 | 0 | 0 | 0 | 0 | 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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Summary: Sabiedrība ar ierobežotu atbildību "MGS FACTORY"
Overview
Sabiedrība ar ierobežotu atbildību "MGS FACTORY" (reg. no. 40103296990) is a limited liability company. The company was registered in 2010 and has been in the register for 16 years. Registered address: Kuldīgas nov., Ēdoles pag., "Kalnzemnieki".
Financial results
Revenue in 2025 was 775 548 €, down 23,6% on the previous year (1 015 736 €). From 2010 to 2025, revenue grew by an average of 61,2% per year. Net profit for 2025 was 5679 € (0,7% of revenue). The company was profitable in 12 of the 16 published years. In 2025 the company had 15 employees (17 a year earlier). Revenue per employee was 51 703 €. At the end of 2025, total assets were 368 590 € and equity 226 373 € (61,4% 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.