SIA "MG island"Active
Key figures
Ratios
2025Balance sheet structure
Summary of financial statements2015–2025
| 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Balance sheet — assets | |||||||||||
| Total current assets | 5465 | 11 603 | 11 296 | 5737 | 8072 | 16 963 | 20 226 | 34 095 | 24 082 | 28 594 | 33 962 |
| Total non-current assets | 99 998 | 148 579 | 210 983 | 260 516 | 269 603 | 306 270 | 342 631 | 363 168 | 378 223 | 391 401 | 409 368 |
| Total assets | 105 463 | 160 182 | 222 279 | 266 253 | 277 675 | 323 233 | 362 857 | 397 263 | 402 305 | 419 995 | 443 330 |
| Balance sheet — liabilities and equity | |||||||||||
| Current liabilities | 114 114 | 163 761 | 220 049 | 259 471 | 244 462 | 274 594 | 257 856 | 291 625 | 283 277 | 295 273 | 114 472 |
| Non-current liabilities | 0 | 0 | 0 | 0 | 22 735 | 32 173 | 87 851 | 124 041 | 105 037 | 100 532 | 303 294 |
| Total liabilities | 114 114 | 163 761 | 220 049 | 259 471 | 267 197 | 306 767 | 345 707 | 415 666 | 388 314 | 395 805 | 417 766 |
| Share capital | — | — | — | — | — | — | — | — | — | — | — |
| Retained earnings of previous periods | — | — | — | — | — | — | — | — | — | — | — |
| Profit for the year | -11 451 | 1201 | 5808 | 4552 | 3696 | 5988 | 684 | -35 553 | 32 394 | 10 199 | 1374 |
| Total equity | -8651 | -3579 | 2230 | 6782 | 10 478 | 16 466 | 17 150 | -18 403 | 13 991 | 24 190 | 25 564 |
| Income statement | |||||||||||
| Sales revenue | 5878 | 30 709 | 34 000 | 51 666 | 81 550 | 76 630 | 109 006 | 102 204 | 110 155 | 133 279 | 139 169 |
| Operating profit | -11 451 | 1204 | 7878 | 6478 | 6433 | 7994 | 3104 | -30 511 | 39 176 | 14 745 | 4494 |
| Profit before income tax | -11 451 | 1201 | 5808 | 4552 | 3696 | 5988 | 684 | -35 553 | 32 394 | 10 199 | 1374 |
| Profit for the reporting year | -11 451 | 1201 | 5808 | 4552 | 3696 | 5988 | 684 | -35 553 | 32 394 | 10 199 | 1374 |
| Labour costs | — | — | — | — | — | — | — | — | — | — | — |
| Depreciation of non-current assets | — | — | — | — | — | — | — | — | — | — | — |
| Other indicators | |||||||||||
| Employees | 1 | 3 | 5 | 4 | 4 | 3 | 3 | 5 | 5 | 5 | 5 |
| Calculated dividend | — | 0 | 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 "MG island"
Overview
SIA "MG island" (reg. no. 40103829923) is a limited liability company. The company was registered in 2014 and has been in the register for 12 years. Registered address: Gulbenes nov., Stradu pag., "Dīķsalas".
Financial results
Revenue in 2025 was 139 169 €, up 4,4% on the previous year (133 279 €). From 2015 to 2025, revenue grew by an average of 37,2% per year. This is the company's highest revenue among the published years (2015–2025). Net profit for 2025 was 1374 € (1,0% of revenue). The company was profitable in 9 of the 11 published years. In 2025 the company had 5 employees. Revenue per employee was 27 834 €. At the end of 2025, total assets were 443 330 € and equity 25 564 € (5,8% 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.