Sabiedrība ar ierobežotu atbildību "REF Magnesia"Active
Key figures
Ratios
2025Balance sheet structure
Dividends
calculatedPaid out in dividends approximately 59 599 € (86% 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 statements2013–2025
| 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Balance sheet — assets | |||||||||||||
| Total current assets | 35 586 | 53 733 | 56 988 | 179 945 | 178 679 | 206 591 | 120 264 | 162 008 | 197 665 | 269 256 | 123 189 | 158 827 | 101 134 |
| Total non-current assets | 2780 | 44 854 | 34 397 | 51 707 | 32 717 | 16 829 | 10 035 | 3177 | 133 | 52 225 | 50 968 | 40 537 | 28 586 |
| Total assets | 38 366 | 98 587 | 91 385 | 231 652 | 211 396 | 223 420 | 130 299 | 165 185 | 197 798 | 321 481 | 174 157 | 199 364 | 129 720 |
| Balance sheet — liabilities and equity | |||||||||||||
| Current liabilities | 26 912 | 41 700 | 19 100 | 194 131 | 185 577 | 185 538 | 23 718 | 51 384 | 98 208 | 147 139 | 66 528 | 118 210 | 37 029 |
| Non-current liabilities | 0 | 24 935 | 17 271 | 32 824 | 17 895 | 10 201 | 50 033 | 40 000 | 20 000 | 83 951 | 17 960 | 11 615 | 5069 |
| Total liabilities | 26 912 | 66 635 | 36 371 | 226 955 | 203 472 | 195 739 | 73 751 | 91 384 | 118 208 | 231 090 | 84 488 | 129 825 | 42 098 |
| Share capital | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Retained earnings of previous periods | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Profit for the year | 8715 | 13 856 | 17 918 | -42 323 | 3227 | 19 757 | 33 951 | 17 253 | 5789 | 10 801 | 31 464 | 47 870 | 77 682 |
| Total equity | 10 715 | 29 106 | 47 020 | 4697 | 7924 | 27 681 | 56 548 | 73 801 | 79 590 | 90 391 | 89 669 | 69 539 | 87 622 |
| Income statement | |||||||||||||
| Sales revenue | 94 174 | 299 173 | 247 464 | 168 341 | 287 938 | 325 976 | 206 907 | 278 138 | 271 220 | 359 580 | 331 092 | 275 376 | 283 883 |
| Operating profit | 10 579 | 4007 | -15 002 | -41 483 | 4429 | 22 338 | 36 638 | 19 487 | 7101 | 14 872 | 44 622 | 63 728 | 85 810 |
| Profit before income tax | 10 281 | 15 506 | 21 958 | -42 323 | 3576 | 19 992 | 33 979 | 17 253 | 5789 | 10 801 | 41 285 | 62 393 | 79 682 |
| Profit for the reporting year | 8715 | 13 856 | 17 918 | -42 323 | 3227 | 19 757 | 33 951 | 17 253 | 5789 | 10 801 | 31 464 | 47 870 | 77 682 |
| Labour costs | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Depreciation of non-current assets | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Other indicators | |||||||||||||
| Employees | 5 | 11 | 11 | 6 | 4 | 3 | 2 | 2 | 2 | 2 | 2 | 2 | 2 |
| Calculated dividend | — | 0 | 0 | 0 | 0 | 0 | 5084 | 0 | 0 | 0 | 32 186 | 68 000 | 59 599 |
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 "REF Magnesia"
Overview
Sabiedrība ar ierobežotu atbildību "REF Magnesia" (reg. no. 40103633679) is a limited liability company. The company was registered in 2013 and has been in the register for 13 years. Registered address: Ķekavas nov., Ķekava, Atmodas iela 3.
Financial results
Revenue in 2025 was 283 883 €, up 3,1% on the previous year (275 376 €). From 2013 to 2025, revenue grew by an average of 9,6% per year. Net profit for 2025 was 77 682 € (27,4% of revenue). The company was profitable in 12 of the 13 published years. In 2025 the company had 2 employees. Revenue per employee was 141 942 €. At the end of 2025, total assets were 129 720 € and equity 87 622 € (67,5% of assets).
Management and owners
The company has one board member. According to the register, the company has 5 owners. The largest stake (20%) 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.