SIA "MG Trade"Active
Key figures
Ratios
2025Balance sheet structure
Dividends
from the reportDividends paid 367 463 € (11% of equity at the end of the previous year).
Summary of financial statements2011–2025
| 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Balance sheet — assets | |||||||||||||||
| Total current assets | 8807 | 4511 | 18 127 | 195 | 3473 | 232 | 223 | 234 | 308 | 77 377 | 834 661 | 6 128 459 | 7 115 834 | 6 046 399 | 6 298 594 |
| Total non-current assets | 30 235 | 39 305 | 5544 | 3350 | 0 | 0 | 0 | 0 | 0 | 581 | 1472 | 42 743 | 39 871 | 33 291 | 41 796 |
| Total assets | 39 042 | 43 816 | 23 671 | 3545 | 3473 | 232 | 223 | 234 | 308 | 77 958 | 836 133 | 6 171 202 | 7 155 705 | 6 079 690 | 6 340 390 |
| Balance sheet — liabilities and equity | |||||||||||||||
| Current liabilities | 11 | 513 | 3703 | 0 | 10 926 | 0 | 0 | 205 | 132 | 9159 | 99 978 | 4 267 940 | 4 473 082 | 2 705 629 | 4 395 181 |
| Non-current liabilities | 15 269 | 28 957 | 23 808 | 9826 | 0 | 0 | 0 | 290 | 840 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total liabilities | 15 280 | 29 470 | 27 511 | 9826 | 10 926 | 0 | 0 | 495 | 972 | 9159 | 99 978 | 4 267 940 | 4 473 082 | 2 705 629 | 4 395 181 |
| Share capital | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Retained earnings of previous periods | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Profit for the year | -1954 | -9620 | -18 074 | -740 | -1228 | 7795 | -8 | -534 | -354 | 69 398 | 667 421 | 1 167 107 | 899 362 | 895 169 | -1 051 312 |
| Total equity | 23 762 | 14 142 | -3932 | -6335 | -7563 | 232 | 223 | -311 | -664 | 68 734 | 736 155 | 1 903 262 | 2 682 623 | 3 374 061 | 1 945 209 |
| Income statement | |||||||||||||||
| Sales revenue | 880 | 11 810 | 13 828 | 0 | 0 | 0 | 0 | 4048 | 1803 | 910 989 | 15 346 803 | 19 817 959 | 22 939 147 | 38 417 746 | 31 380 096 |
| Operating profit | -1922 | -9301 | -18 026 | -712 | -1228 | 7795 | 0 | -484 | -353 | 69 642 | 678 428 | 1 031 884 | 721 453 | 972 179 | -937 670 |
| Profit before income tax | -1954 | -9620 | -18 074 | -740 | -1228 | 7795 | -8 | -484 | -353 | 69 398 | 667 421 | 1 167 666 | 931 337 | 945 466 | -979 616 |
| Profit for the reporting year | -1954 | -9620 | -18 074 | -740 | -1228 | 7795 | -8 | -534 | -354 | 69 398 | 667 421 | 1 167 107 | 899 362 | 895 169 | -1 051 312 |
| Labour costs | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Depreciation of non-current assets | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Other indicators | |||||||||||||||
| Employees | 1 | 2 | 2 | 1 | 1 | 1 | 0 | 1 | 1 | 1 | 1 | 4 | 7 | 9 | 9 |
| Calculated dividend | — | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 120 001 | 200 000 | 367 463 |
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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- SIA "MG Trade" — 9,09%
Summary: SIA "MG Trade"
Overview
SIA "MG Trade" (reg. no. 42103043063) is a limited liability company. The company was registered in 2007 and has been in the register for 19 years. Registered address: Rīga, Daugavgrīvas iela 83.
Financial results
Revenue in 2025 was 31 380 096 €, down 18,3% on the previous year (38 417 746 €). From 2011 to 2025, revenue grew by an average of 111% per year. 2025 ended with a loss of 1 051 312 €. The company was profitable in 6 of the 15 published years. In 2025 the company had 9 employees. Revenue per employee was 3 486 677 €. At the end of 2025, total assets were 6 340 390 € and equity 1 945 209 € (30,7% of assets).
Management and owners
The company has one board member. According to the register, the company has 2 owners. The largest stake (90,9%) is held by a private individual. The company holds a stake in one other active Latvian company.
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.