Sabiedrība ar ierobežotu atbildību "MG Property"Active
Key figures
Ratios
2025Balance sheet structure
Summary of financial statements2022–2025
| 2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|
| Balance sheet — assets | ||||
| Total current assets | 211 332 | 165 060 | 201 515 | 237 329 |
| Total non-current assets | 591 300 | 1 504 054 | 1 775 919 | 3 269 829 |
| Total assets | 802 632 | 1 669 114 | 1 977 434 | 3 507 158 |
| Balance sheet — liabilities and equity | ||||
| Current liabilities | 257 589 | 811 388 | 711 365 | 613 623 |
| Non-current liabilities | 310 000 | 100 000 | 0 | 1 120 000 |
| Total liabilities | 567 589 | 911 388 | 711 365 | 1 733 623 |
| Share capital | — | — | — | — |
| Retained earnings of previous periods | — | — | — | — |
| Profit for the year | 14 743 | 498 683 | 496 283 | 444 046 |
| Total equity | 17 543 | 516 226 | 1 012 509 | 1 456 555 |
| Income statement | ||||
| Sales revenue | 267 582 | 605 402 | 618 822 | 672 942 |
| Operating profit | 14 777 | 498 683 | 496 283 | 444 046 |
| Profit before income tax | 14 743 | 498 683 | 496 283 | 444 046 |
| Profit for the reporting year | 14 743 | 498 683 | 496 283 | 444 046 |
| Labour costs | — | — | — | — |
| Depreciation of non-current assets | — | — | — | — |
| Other indicators | ||||
| Employees | 2 | 2 | 2 | 3 |
| Calculated dividend | — | 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: Sabiedrība ar ierobežotu atbildību "MG Property"
Overview
Sabiedrība ar ierobežotu atbildību "MG Property" (reg. no. 40203362224) is a limited liability company. The company was registered in 2021 and has been in the register for 4 years. Registered address: Rīga, Mazjumpravas iela 78.
Financial results
Revenue in 2025 was 672 942 €, up 8,7% on the previous year (618 822 €). From 2022 to 2025, revenue grew by an average of 36,0% per year. This is the company's highest revenue among the published years (2022–2025). Net profit for 2025 was 444 046 € (66,0% of revenue). The company was profitable in all 4 published years. In 2025 the company had 3 employees (2 a year earlier). Revenue per employee was 224 314 €. At the end of 2025, total assets were 3 507 158 € and equity 1 456 555 € (41,5% 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.