Sabiedrība ar ierobežotu atbildību "MG Works"Active
Key figures
Ratios
2025Balance sheet structure
Summary of financial statements2023–2025
| 2023 | 2024 | 2025 | |
|---|---|---|---|
| Balance sheet — assets | |||
| Total current assets | 18 223 | 11 559 | 12 276 |
| Total non-current assets | 0 | 0 | 0 |
| Total assets | 18 223 | 11 559 | 12 276 |
| Balance sheet — liabilities and equity | |||
| Current liabilities | 9681 | 2219 | 1918 |
| Non-current liabilities | 0 | 0 | 0 |
| Total liabilities | 9681 | 2219 | 1918 |
| Share capital | — | — | — |
| Retained earnings of previous periods | — | — | — |
| Profit for the year | 5742 | 798 | 1018 |
| Total equity | 8542 | 9340 | 10 358 |
| Income statement | |||
| Sales revenue | 52 066 | 43 401 | 32 916 |
| Operating profit | 5742 | 798 | 1018 |
| Profit before income tax | 5742 | 798 | 1018 |
| Profit for the reporting year | 5742 | 798 | 1018 |
| Labour costs | — | — | — |
| Depreciation of non-current assets | — | — | — |
| Other indicators | |||
| Employees | 1 | 1 | 1 |
| Calculated dividend | — | 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 Works"
Overview
Sabiedrība ar ierobežotu atbildību "MG Works" (reg. no. 40203440321) is a limited liability company. The company was registered in 2022 and has been in the register for 3 years. Registered address: Rīga, Imantas 2. līnija 9B.
Financial results
Revenue in 2025 was 32 916 €, down 24,2% on the previous year (43 401 €). From 2023 to 2025, revenue declined by an average of 20,5% per year. Net profit for 2025 was 1018 € (3,1% of revenue). The company was profitable in all 3 published years. In 2025 the company had 1 employees. Revenue per employee was 32 916 €. At the end of 2025, total assets were 12 276 € and equity 10 358 € (84,4% 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.