SIA Mad SolutionsActive
Key figures
Ratios
2025Balance sheet structure
Dividends
calculatedNo dividends were paid.
Summary of financial statements2013–2025
| 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Balance sheet — assets | |||||||||||||
| Total current assets | 1308 | 31 880 | 6275 | 887 | 777 | 752 | 684 | 0 | 349 | 249 | 149 | 4064 | 44 112 |
| Total non-current assets | 1235 | 7916 | 8274 | 3039 | 3039 | 3039 | 3039 | 490 | 0 | 0 | 0 | 5487 | 44 160 |
| Total assets | 2543 | 39 796 | 14 549 | 3926 | 3816 | 3791 | 3723 | 490 | 349 | 249 | 149 | 9551 | 88 272 |
| Balance sheet — liabilities and equity | |||||||||||||
| Current liabilities | 492 | 20 606 | 5691 | 959 | 1129 | 1248 | 1324 | 1287 | 847 | 797 | 747 | 6111 | 3649 |
| Non-current liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total liabilities | 492 | 20 606 | 5691 | 959 | 1129 | 1248 | 1324 | 1287 | 847 | 797 | 747 | 6111 | 3649 |
| Share capital | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Retained earnings of previous periods | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Profit for the year | 51 | 16 272 | 5940 | -2885 | -280 | -144 | -144 | -3196 | 299 | -50 | -50 | 4038 | 81 183 |
| Total equity | 2051 | 19 190 | 8858 | 2967 | 2687 | 2543 | 2399 | -797 | -498 | -548 | -598 | 3440 | 84 623 |
| Income statement | |||||||||||||
| Sales revenue | 25 585 | 81 141 | 61 592 | 19 135 | 0 | 0 | 0 | 0 | 490 | 0 | 0 | 103 125 | 207 245 |
| Operating profit | 51 | 18 828 | 6678 | -2885 | -280 | -94 | -94 | -3196 | 349 | 0 | 0 | 77 144 | 136 988 |
| Profit before income tax | 51 | 18 828 | 6678 | -2885 | -280 | -94 | -94 | -3196 | 349 | 0 | 0 | 77 144 | 136 988 |
| Profit for the reporting year | 51 | 16 272 | 5940 | -2885 | -280 | -144 | -144 | -3196 | 299 | -50 | -50 | 4038 | 81 183 |
| Labour costs | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Depreciation of non-current assets | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Other indicators | |||||||||||||
| Employees | 1 | 1 | 1 | 1 | 0 | 0 | 1 | 1 | 1 | 1 | 1 | 1 | 1 |
| Calculated dividend | — | 0 | 16 272 | 3006 | 0 | 0 | 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: SIA Mad Solutions
Overview
SIA Mad Solutions (reg. no. 40103624835) is a limited liability company. The company was registered in 2013 and has been in the register for 13 years. Registered address: Mārupes nov., Mārupe, Lielā iela 142.
Financial results
Revenue in 2025 was 207 245 €, up 101% on the previous year (103 125 €). From 2013 to 2025, revenue grew by an average of 19,0% per year. This is the company's highest revenue among the published years (2013–2025). Net profit for 2025 was 81 183 € (39,2% of revenue). The company was profitable in 6 of the 13 published years. In 2025 the company had 1 employees. Revenue per employee was 207 245 €. At the end of 2025, total assets were 88 272 € and equity 84 623 € (95,9% 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.