SIA "MG Auto LTD"Active
Key figures
Ratios
2025Balance sheet structure
Summary of financial statements2018–2025
| 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|---|---|---|---|
| Balance sheet — assets | ||||||||
| Total current assets | 56 231 | 72 661 | 161 792 | 299 205 | 264 255 | 599 178 | 531 672 | 578 673 |
| Total non-current assets | 112 780 | 122 253 | 111 179 | 268 203 | 824 330 | 1 724 674 | 2 010 540 | 2 239 273 |
| Total assets | 169 011 | 194 914 | 272 971 | 567 408 | 1 088 585 | 2 323 852 | 2 542 212 | 2 817 946 |
| Balance sheet — liabilities and equity | ||||||||
| Current liabilities | 34 892 | 33 256 | 97 485 | 151 851 | 251 575 | 406 141 | 410 242 | 542 348 |
| Non-current liabilities | 98 293 | 54 199 | 308 | 116 626 | 326 866 | 676 956 | 792 817 | 879 187 |
| Total liabilities | 133 185 | 87 455 | 97 793 | 268 477 | 578 441 | 1 083 097 | 1 203 059 | 1 421 535 |
| Share capital | — | — | — | — | — | — | — | — |
| Retained earnings of previous periods | — | — | — | — | — | — | — | — |
| Profit for the year | 33 026 | 71 633 | 67 719 | 123 753 | 211 213 | 730 611 | 98 398 | 57 258 |
| Total equity | 35 826 | 107 459 | 175 178 | 298 931 | 510 144 | 1 240 755 | 1 339 153 | 1 396 411 |
| Income statement | ||||||||
| Sales revenue | 207 051 | 275 507 | 329 053 | 365 582 | 914 652 | 1 831 859 | 1 286 522 | 1 646 058 |
| Operating profit | 33 026 | 79 717 | 82 266 | 132 468 | 225 030 | 759 269 | 157 172 | 108 749 |
| Profit before income tax | 33 026 | 71 633 | 67 768 | 123 875 | 211 213 | 730 611 | 98 398 | 57 258 |
| Profit for the reporting year | 33 026 | 71 633 | 67 719 | 123 753 | 211 213 | 730 611 | 98 398 | 57 258 |
| Labour costs | — | — | — | — | — | — | — | — |
| Depreciation of non-current assets | — | — | — | — | — | — | — | — |
| Other indicators | ||||||||
| Employees | 1 | 1 | 1 | 2 | 5 | 9 | 10 | 12 |
| Calculated dividend | — | 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 Auto LTD"
Overview
SIA "MG Auto LTD" (reg. no. 40203132143) is a limited liability company. The company was registered in 2018 and has been in the register for 8 years. Registered address: Ķekavas nov., Baldone, Pārupes iela 12.
Financial results
Revenue in 2025 was 1 646 058 €, up 27,9% on the previous year (1 286 522 €). From 2018 to 2025, revenue grew by an average of 34,5% per year. Net profit for 2025 was 57 258 € (3,5% of revenue). The company was profitable in all 8 published years. In 2025 the company had 12 employees (10 a year earlier). Revenue per employee was 137 172 €. At the end of 2025, total assets were 2 817 946 € and equity 1 396 411 € (49,6% of assets).
Management and owners
The board has 2 members. 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.