SIA "Gemaga Group"Active
Key figures
Ratios
2025Balance sheet structure
Dividends
calculatedNo dividends were paid.
Summary of financial statements2018–2025
| 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|---|---|---|---|
| Balance sheet — assets | ||||||||
| Total current assets | 5 071 209 | 190 560 | 6 923 318 | 9 888 100 | 10 316 719 | 9 345 512 | 7 968 488 | 7140 |
| Total non-current assets | 0 | 5 152 917 | 3 423 351 | 7 100 456 | 8 422 698 | 10 769 355 | 10 832 091 | 9 286 364 |
| Total assets | 5 071 209 | 5 343 477 | 10 346 669 | 16 988 556 | 18 739 417 | 20 114 867 | 18 800 579 | 9 293 504 |
| Balance sheet — liabilities and equity | ||||||||
| Current liabilities | 110 | 67 963 | 4 685 317 | 8 105 588 | 9 787 011 | 9 257 070 | 9 548 110 | 349 570 |
| Non-current liabilities | 2 100 000 | 2 268 635 | 252 728 | 3 305 622 | 2 026 440 | 3 096 318 | 4 005 816 | 3 345 520 |
| Total liabilities | 2 100 110 | 2 336 598 | 4 938 045 | 11 411 210 | 11 813 451 | 12 353 388 | 13 553 926 | 3 695 090 |
| Share capital | — | — | — | — | — | — | — | — |
| Retained earnings of previous periods | — | — | — | — | — | — | — | — |
| Profit for the year | -1701 | 35 780 | -562 463 | 518 014 | 1 326 453 | 1 074 536 | -312 357 | 79 724 |
| Total equity | 2 971 099 | 3 006 879 | 5 408 624 | 5 577 346 | 6 925 966 | 7 761 479 | 5 246 653 | 5 598 414 |
| Income statement | ||||||||
| Sales revenue | 0 | 23 422 | 11 788 948 | 18 187 970 | 22 432 359 | 21 015 995 | 19 332 980 | 271 973 |
| Operating profit | -1701 | 2735 | 222 256 | 738 807 | 1 710 554 | 1 820 151 | 355 617 | 202 418 |
| Profit before income tax | -1701 | 135 780 | 189 614 | 528 172 | 1 477 390 | 1 252 408 | -260 446 | 79 724 |
| Profit for the reporting year | -1701 | 35 780 | -562 463 | 518 014 | 1 326 453 | 1 074 536 | -312 357 | 79 724 |
| Labour costs | — | — | — | — | — | — | — | — |
| Depreciation of non-current assets | — | — | — | — | — | — | — | — |
| Other indicators | ||||||||
| Employees | 0 | 3 | 177 | 203 | 159 | 65 | 89 | 3 |
| Calculated dividend | — | 0 | 442 000 | 0 | 138 500 | 600 000 | 343 891 | 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 "Gemaga Group"
Overview
SIA "Gemaga Group" (reg. no. 40203161119) is a limited liability company. The company was registered in 2018 and has been in the register for 8 years. Registered address: Rīga, Zaļenieku iela 21 k-3 - 5.
Financial results
Revenue in 2025 was 271 973 €, down 98,6% on the previous year (19 332 980 €). Net profit for 2025 was 79 724 € (29,3% of revenue). The company was profitable in 5 of the 8 published years. In 2025 the company had 3 employees (89 a year earlier). Revenue per employee was 90 658 €. At the end of 2025, total assets were 9 293 504 € and equity 5 598 414 € (60,2% 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.