SIA "MADARA LV"Active
Key figures
Ratios
2025Balance sheet structure
Summary of financial statements2017–2025
| 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|---|---|---|---|---|
| Balance sheet — assets | |||||||||
| Total current assets | 12 111 | 14 342 | 11 865 | 23 010 | 22 580 | 38 153 | 117 519 | 142 674 | 45 725 |
| Total non-current assets | 761 | 23 904 | 24 670 | 35 273 | 32 494 | 34 153 | 111 000 | 97 286 | 77 468 |
| Total assets | 12 872 | 38 246 | 36 535 | 58 283 | 55 074 | 72 306 | 228 519 | 239 960 | 123 193 |
| Balance sheet — liabilities and equity | |||||||||
| Current liabilities | 14 095 | 37 789 | 20 183 | 76 156 | 64 164 | 61 946 | 171 624 | 56 802 | 76 852 |
| Non-current liabilities | 26 810 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total liabilities | 40 905 | 37 789 | 20 183 | 76 156 | 64 164 | 61 946 | 171 624 | 56 802 | 76 852 |
| Share capital | — | — | — | — | — | — | — | — | — |
| Retained earnings of previous periods | — | — | — | — | — | — | — | — | — |
| Profit for the year | -28 133 | 28 490 | 15 895 | -34 225 | 5883 | 19 450 | 46 535 | 126 263 | -136 817 |
| Total equity | -28 033 | 457 | 16 352 | -17 873 | -9090 | 10 360 | 56 895 | 183 158 | 46 341 |
| Income statement | |||||||||
| Sales revenue | 104 425 | 168 652 | 225 416 | 239 177 | 294 265 | 398 441 | 660 151 | 690 782 | 619 800 |
| Operating profit | -28 133 | 28 490 | 15 895 | -34 225 | 5883 | 19 450 | 46 535 | 126 263 | -136 817 |
| Profit before income tax | -28 133 | 28 490 | 15 895 | -34 225 | 5883 | 19 450 | 46 535 | 126 263 | -136 817 |
| Profit for the reporting year | -28 133 | 28 490 | 15 895 | -34 225 | 5883 | 19 450 | 46 535 | 126 263 | -136 817 |
| Labour costs | — | — | — | — | — | — | — | — | — |
| Depreciation of non-current assets | — | — | — | — | — | — | — | — | — |
| Other indicators | |||||||||
| Employees | 10 | 12 | 15 | 12 | 12 | 10 | 14 | 17 | 19 |
| Calculated dividend | — | 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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Summary: SIA "MADARA LV"
Overview
SIA "MADARA LV" (reg. no. 42403040653) is a limited liability company. The company was registered in 2017 and has been in the register for 9 years. Registered address: Rēzeknes nov., Nautrēnu pag., Rogovka, "Liesmas" - 11.
Financial results
Revenue in 2025 was 619 800 €, down 10,3% on the previous year (690 782 €). From 2017 to 2025, revenue grew by an average of 24,9% per year. 2025 ended with a loss of 136 817 €. The company was profitable in 6 of the 9 published years. In 2025 the company had 19 employees (17 a year earlier). Revenue per employee was 32 621 €. At the end of 2025, total assets were 123 193 € and equity 46 341 € (37,6% of assets).
Management and owners
The board has 2 members. According to the register, the company has 2 owners. The largest stake (50%) is held by 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.