SIA "Madvud"Active

40203457544Limited liability companyFounded 2023

Key figures

104 242 €-30,2%
Revenue 2024
-30,2%
Average annual change 2023–2024
050 k100 k150 k20232024

Ratios

2024
Balance sheet structure
Current assetsNon-current assetsLiabilitiesEquity
020 k40 k60 k20232024
Summary of financial statements2023–2024
20232024
Balance sheet — assets
Total current assets28 48232 874
Total non-current assets13 93811 638
Total assets42 42044 512
Balance sheet — liabilities and equity
Current liabilities33 83336 476
Non-current liabilities00
Total liabilities33 83336 476
Share capital——
Retained earnings of previous periods——
Profit for the year5787-551
Total equity85878036
Income statement
Sales revenue149 358104 242
Operating profit68243643
Profit before income tax5787-551
Profit for the reporting year5787-551
Labour costs——
Depreciation of non-current assets——
Other indicators
Employees54
Calculated dividend—0

A dash (—) means the report has not been filed or the line is not reported; 0 is a zero stated in the report.

Connections graph

Click a node to see its other connections.

100%SIA "Madvud"1Birznieks Kārlis
CompanyPersonShareholderOther roleAdditional link

Related companies

Shared members or board members

Summary: SIA "Madvud"

Overview

SIA "Madvud" (reg. no. 40203457544) is a limited liability company. The company was registered in 2023 and has been in the register for 3 years. Registered address: Gulbenes nov., Gulbene, "Avotiņi".

Financial results

Revenue in 2024 was 104 242 €, down 30,2% on the previous year (149 358 €). 2024 ended with a loss of 551 €. In 2024 the company had 4 employees (5 a year earlier). Revenue per employee was 26 061 €. At the end of 2024, total assets were 44 512 € and equity 8036 € (18,1% 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.