SIA "IRINA & MADIS"Active

43903001214Limited liability companyFounded 1992

Key figures

123 835 €-9,6%

Revenue 2025

-3,8%

Average annual change 2009–2025

Ratios

2025

48,4%

Profit margin

96,9%

Equity ratio

32×

Current ratio

40,9%

Return on equity

Balance sheet structure

Current assetsNon-current assetsLiabilitiesEquity

Dividends

calculated

2025

No dividends were paid.

History

20250 €

20240 €

2023 ~9270 €

2022 ~111 850 €

2021 ~6000 €

2020 ~60 001 €

2019 ~42 844 €

2018 ~135 556 €

2017 ~56 281 €

2016 ~4697 €

2015 ~25 580 €

20140 €

2013 ~12 605 €

20120 €

2011 ~38 501 €

2010 ~36 000 €

200923 000 €

Summary of financial statements2009–2025

	2009	2010	2011	2012	2013	2014	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024	2025
Balance sheet — assets
Total current assets	33 770	18 876	20 903	21 591	22 174	41 680	54 379	95 998	101 236	57 590	90 270	48 108	157 906	53 602	44 264	53 910	150 388
Total non-current assets	31 605	48 127	40 053	111 182	102 459	130 577	123 815	111 152	110 683	96 949	90 815	88 567	70 691	53 355	46 474	39 152	746
Total assets	65 375	67 003	60 956	132 773	124 633	172 257	178 194	207 150	211 919	154 539	181 085	136 675	228 597	106 957	90 738	93 062	151 134
Balance sheet — liabilities and equity
Current liabilities	13 761	12 876	6504	21 659	20 293	41 426	19 226	8258	17 388	19 457	18 139	18 091	21 585	7575	7847	6553	4726
Non-current liabilities	3155	3155	3155	29 934	16 927	4489	4489	0	0	0	0	0	0	0	0	0	0
Total liabilities	16 916	16 031	9659	51 593	37 220	45 915	23 715	8258	17 388	19 457	18 139	18 091	21 585	7575	7847	6553	4726
Share capital	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—
Retained earnings of previous periods	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—
Profit for the year	36 647	38 513	38 826	29 883	16 495	31 388	51 256	56 281	51 920	76 107	70 708	15 639	94 428	4220	-7221	3620	59 899
Total equity	48 459	50 972	51 297	81 180	85 070	121 632	147 308	198 892	194 531	135 082	162 946	118 584	207 012	99 382	82 891	86 509	146 408
Income statement
Sales revenue	231 675	241 522	264 076	262 709	259 018	391 707	408 351	417 889	422 906	498 873	505 502	400 242	364 318	212 797	130 313	136 924	123 835
Operating profit	45 958	47 578	46 220	36 381	21 978	40 094	60 889	65 980	62 144	76 094	70 700	30 616	95 928	32 182	-7221	3620	59 899
Profit before income tax	44 107	47 508	46 220	34 463	20 526	39 287	60 713	65 999	61 919	76 107	70 708	30 639	95 928	32 182	-7221	3620	59 899
Profit for the reporting year	36 647	38 513	38 826	29 883	16 495	31 388	51 256	56 281	51 920	76 107	70 708	15 639	94 428	4220	-7221	3620	59 899
Labour costs	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—
Depreciation of non-current assets	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—
Other indicators
Employees	16	15	15	18	17	17	18	17	18	18	18	17	13	8	5	5	5
Calculated dividend	23 000	36 000	38 501	0	12 605	0	25 580	4697	56 281	135 556	42 844	60 001	6000	111 850	9270	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 "IRINA & MADIS"

Overview

SIA "IRINA & MADIS" (reg. no. 43903001214) is a limited liability company. The company was registered in 1992 and has been in the register for 34 years. Registered address: Rīga, Slokas iela 70 - 60.

Financial results

Revenue in 2025 was 123 835 €, down 9,6% on the previous year (136 924 €). From 2009 to 2025, revenue declined by an average of 3,8% per year. This is the company's lowest revenue among the published years (2009–2025). Net profit for 2025 was 59 899 € (48,4% of revenue). The company was profitable in 16 of the 17 published years. In 2025 the company had 5 employees. Revenue per employee was 24 767 €. At the end of 2025, total assets were 151 134 € and equity 146 408 € (96,9% 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.