SIA "MODES FORMULA"Active
Key figures
Ratios
2025Balance sheet structure
Dividends
calculatedNo dividends were paid.
Summary of financial statements2013–2025
| 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Balance sheet — assets | |||||||||||||
| Total current assets | 6665 | 8361 | 8923 | 8533 | 5421 | 4335 | 4131 | 3800 | 3384 | 149 951 | 3156 | 2805 | 35 314 |
| Total non-current assets | 381 005 | 540 356 | 541 127 | 540 034 | 539 981 | 539 928 | 539 882 | 539 882 | 539 882 | 915 882 | 915 882 | 915 882 | 915 882 |
| Total assets | 387 670 | 548 717 | 550 050 | 548 567 | 545 402 | 544 263 | 544 013 | 543 682 | 543 266 | 1 065 833 | 919 038 | 918 687 | 951 196 |
| Balance sheet — liabilities and equity | |||||||||||||
| Current liabilities | 64 628 | 49 737 | 46 250 | 75 319 | 70 981 | 68 768 | 64 789 | 59 466 | 70 871 | 82 322 | 71 590 | 57 816 | 111 896 |
| Non-current liabilities | 268 692 | 421 314 | 421 314 | 441 914 | 452 514 | 463 114 | 475 484 | 475 484 | 475 484 | 475 484 | 382 801 | 444 841 | 445 461 |
| Total liabilities | 333 320 | 471 051 | 467 564 | 517 233 | 523 495 | 531 882 | 540 273 | 534 950 | 546 355 | 557 806 | 454 391 | 502 657 | 557 357 |
| Share capital | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Retained earnings of previous periods | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Profit for the year | -15 223 | 2146 | 9240 | -25 020 | -9427 | -9526 | -8641 | 4992 | -11 821 | -10 017 | -43 380 | -48 618 | -22 191 |
| Total equity | 32 328 | 48 145 | 57 385 | 31 334 | 21 907 | 12 381 | 3740 | 8732 | -3089 | 508 027 | 464 647 | 416 030 | 393 839 |
| Income statement | |||||||||||||
| Sales revenue | 290 154 | 425 692 | 392 499 | 372 511 | 371 136 | 376 105 | 368 073 | 361 088 | 361 548 | 398 320 | 364 600 | 337 111 | 298 938 |
| Operating profit | -10 449 | 8085 | 11 243 | -25 020 | -9427 | -8985 | -8215 | 5058 | -11 659 | -10 017 | -43 380 | -48 618 | -22 191 |
| Profit before income tax | -10 449 | 8085 | 11 243 | -25 020 | -9427 | -8985 | -8215 | 5058 | -11 659 | -10 017 | -43 380 | -48 618 | -22 191 |
| Profit for the reporting year | -15 223 | 2146 | 9240 | -25 020 | -9427 | -9526 | -8641 | 4992 | -11 821 | -10 017 | -43 380 | -48 618 | -22 191 |
| Labour costs | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Depreciation of non-current assets | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Other indicators | |||||||||||||
| Employees | 67 | 66 | 64 | 65 | 61 | 54 | 49 | 47 | 46 | 37 | 37 | 28 | 24 |
| Calculated dividend | 0 | 0 | 0 | 1031 | 0 | 0 | 0 | 0 | 0 | 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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Related companies
- SIA ražošanas komercfirma "SOLUTIONS" — 2 shared people
- Sabiedrība ar ierobežotu atbildību "FACTOLINE" — 2 shared people
- Sabiedrība ar ierobežotu atbildību "SOLMĀJA" — 2 shared people
Summary: SIA "MODES FORMULA"
Overview
SIA "MODES FORMULA" (reg. no. 41503027883) is a limited liability company. The company was registered in 2001 and has been in the register for 25 years. Registered address: Daugavpils, Nometņu iela 4.
Financial results
Revenue in 2025 was 298 938 €, down 11,3% on the previous year (337 111 €). 2025 ended with a loss of 22 191 €. The company was profitable in 3 of the 13 published years. In 2025 the company had 24 employees (28 a year earlier). Revenue per employee was 12 456 €. At the end of 2025, total assets were 951 196 € and equity 393 839 € (41,4% of assets).
Management and owners
The board has 2 members. The sole owner of the company is SIA ražošanas komercfirma "SOLUTIONS".
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.