SIA "MDG Corporation"Active
Key figures
Ratios
2025Balance sheet structure
Dividends
calculatedNo dividends were paid.
Summary of financial statements2016–2025
| 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Balance sheet — assets | ||||||||||
| Total current assets | 1000 | 170 393 | 114 959 | 23 948 | 9117 | 56 373 | 45 767 | 23 266 | 1207 | 877 |
| Total non-current assets | 0 | 0 | 0 | 0 | 550 | 0 | 0 | 8610 | 0 | 0 |
| Total assets | 1000 | 170 393 | 114 959 | 23 948 | 9667 | 56 373 | 45 767 | 31 876 | 1207 | 877 |
| Balance sheet — liabilities and equity | ||||||||||
| Current liabilities | 7 | 166 872 | 97 481 | 37 121 | 22 574 | 77 478 | 65 308 | 22 289 | 3367 | 802 |
| Non-current liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total liabilities | 7 | 166 872 | 97 481 | 37 121 | 22 574 | 77 478 | 65 308 | 22 289 | 3367 | 802 |
| Share capital | — | — | — | — | — | — | — | — | — | — |
| Retained earnings of previous periods | — | — | — | — | — | — | — | — | — | — |
| Profit for the year | -7 | 2528 | 13 956 | -28 136 | 266 | -8198 | 1564 | 29 128 | -11 747 | 2235 |
| Total equity | 993 | 3521 | 17 478 | -13 173 | -12 907 | -21 105 | -19 541 | 9587 | -2160 | 75 |
| Income statement | ||||||||||
| Sales revenue | 0 | 325 627 | 239 154 | 216 428 | 107 838 | 136 896 | 409 700 | 666 981 | 154 380 | 55 850 |
| Operating profit | -7 | 2973 | 13 956 | -34 173 | -2735 | -12 551 | 1564 | 29 128 | -11 747 | 2235 |
| Profit before income tax | -7 | 2973 | 13 956 | -28 136 | 266 | -8198 | 1564 | 29 128 | -11 747 | 2235 |
| Profit for the reporting year | -7 | 2528 | 13 956 | -28 136 | 266 | -8198 | 1564 | 29 128 | -11 747 | 2235 |
| Labour costs | — | — | — | — | — | — | — | — | — | — |
| Depreciation of non-current assets | — | — | — | — | — | — | — | — | — | — |
| Other indicators | ||||||||||
| Employees | 1 | 3 | 3 | 3 | 3 | 3 | 2 | 2 | 2 | 2 |
| Calculated dividend | — | 0 | 0 | 2515 | 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 "MDG Corporation"
Overview
SIA "MDG Corporation" (reg. no. 40103981652) is a limited liability company. The company was registered in 2016 and has been in the register for 10 years. Registered address: Rīga, Jūrmalas gatve 37H.
Financial results
Revenue in 2025 was 55 850 €, down 63,8% on the previous year (154 380 €). Net profit for 2025 was 2235 € (4,0% of revenue). The company was profitable in 6 of the 10 published years. In 2025 the company had 2 employees. Revenue per employee was 27 925 €. At the end of 2025, total assets were 877 € and equity 75 € (8,6% 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.