SIA Madera MastersActive
Key figures
Ratios
2025Balance sheet structure
Summary of financial statements2021–2025
| 2021 | 2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|---|
| Balance sheet — assets | |||||
| Total current assets | 30 943 | 64 378 | 92 005 | 115 111 | 148 726 |
| Total non-current assets | 9736 | 3527 | 4022 | 5165 | 7700 |
| Total assets | 40 679 | 67 905 | 96 027 | 120 276 | 156 426 |
| Balance sheet — liabilities and equity | |||||
| Current liabilities | 15 761 | 79 895 | 44 345 | 38 096 | 110 180 |
| Non-current liabilities | 105 398 | 0 | 21 000 | 0 | 0 |
| Total liabilities | 121 159 | 79 895 | 65 345 | 38 096 | 110 180 |
| Share capital | — | — | — | — | — |
| Retained earnings of previous periods | — | — | — | — | — |
| Profit for the year | -83 280 | 63 370 | 42 672 | 51 498 | -35 935 |
| Total equity | -80 480 | -11 990 | 30 682 | 82 180 | 46 246 |
| Income statement | |||||
| Sales revenue | 190 121 | 243 553 | 274 994 | 431 377 | 385 019 |
| Operating profit | -83 280 | 63 370 | 43 425 | 51 498 | -35 797 |
| Profit before income tax | -83 280 | 63 370 | 42 672 | 51 498 | -35 797 |
| Profit for the reporting year | -83 280 | 63 370 | 42 672 | 51 498 | -35 935 |
| Labour costs | — | — | — | — | — |
| Depreciation of non-current assets | — | — | — | — | — |
| Other indicators | |||||
| Employees | 8 | 8 | 7 | 7 | 6 |
| Calculated dividend | — | 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 Madera Masters
Overview
SIA Madera Masters (reg. no. 40203260843) is a limited liability company. The company was registered in 2020 and has been in the register for 6 years. Registered address: Mārupes nov., Babītes pag., Piņķi, Jūrmalas iela 13C.
Financial results
Revenue in 2025 was 385 019 €, down 10,7% on the previous year (431 377 €). From 2021 to 2025, revenue grew by an average of 19,3% per year. 2025 ended with a loss of 35 935 €. The company was profitable in 3 of the 5 published years. In 2025 the company had 6 employees (7 a year earlier). Revenue per employee was 64 170 €. At the end of 2025, total assets were 156 426 € and equity 46 246 € (29,6% of assets).
Management and owners
The company has one board member. According to the register, the company has 2 owners. The largest stake (65%) is held by 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.