"FIRMA MADARA 89 ĪPAŠUMI" SIAActive
Key figures
Ratios
2025Balance sheet structure
Dividends
calculatedNo dividends were paid.
Summary of financial statements2016–2025
| 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Balance sheet — assets | ||||||||||
| Total current assets | 2789 | 15 243 | 501 | 4689 | 88 486 | 123 714 | 674 314 | 373 004 | 2 321 825 | 123 664 |
| Total non-current assets | 0 | 5 567 614 | 5 552 941 | 5 579 555 | 5 731 754 | 34 503 065 | 37 545 559 | 46 599 598 | 30 778 556 | 43 457 490 |
| Total assets | 2789 | 5 582 857 | 5 553 442 | 5 584 244 | 5 820 240 | 34 626 779 | 38 219 873 | 46 972 602 | 33 100 381 | 43 581 154 |
| Balance sheet — liabilities and equity | ||||||||||
| Current liabilities | 0 | 82 895 | 88 389 | 94 978 | 69 481 | 1 550 471 | 1 341 658 | 647 683 | 3 713 740 | 3 895 566 |
| Non-current liabilities | 0 | 4 092 984 | 3 895 761 | 3 736 940 | 4 635 433 | 7 126 480 | 4 011 123 | 7 171 697 | 12 456 577 | 19 092 404 |
| Total liabilities | 0 | 4 175 879 | 3 984 150 | 3 831 918 | 4 704 914 | 8 676 951 | 5 352 781 | 7 819 380 | 16 170 317 | 22 987 970 |
| Share capital | — | — | — | — | — | — | — | — | — | — |
| Retained earnings of previous periods | — | — | — | — | — | — | — | — | — | — |
| Profit for the year | -11 | 1 404 189 | 162 314 | 183 034 | 167 178 | 5 948 246 | 4 826 258 | 6 286 130 | 2 478 048 | 3 663 119 |
| Total equity | 2789 | 1 406 978 | 1 569 292 | 1 752 326 | 1 115 326 | 25 949 828 | 32 867 092 | 39 153 222 | 16 930 064 | 20 593 184 |
| Income statement | ||||||||||
| Sales revenue | 0 | 2 178 346 | 267 783 | 267 783 | 267 783 | 267 783 | 5 303 959 | 5 535 173 | 6 247 335 | 7 462 124 |
| Operating profit | -11 | 1 469 978 | 239 079 | 253 451 | 239 876 | 6 041 246 | 4 968 314 | 6 454 541 | 3 941 130 | 4 368 232 |
| Profit before income tax | -11 | 1 469 978 | 162 314 | 183 084 | 167 228 | 5 948 296 | 4 826 308 | 6 286 130 | 3 478 048 | 3 663 119 |
| Profit for the reporting year | -11 | 1 404 189 | 162 314 | 183 034 | 167 178 | 5 948 246 | 4 826 258 | 6 286 130 | 2 478 048 | 3 663 119 |
| Labour costs | — | — | — | — | — | — | — | — | — | — |
| Depreciation of non-current assets | — | — | — | — | — | — | — | — | — | — |
| Other indicators | ||||||||||
| Employees | 0 | 0 | 0 | 0 | 0 | 0 | 1 | 1 | 1 | 2 |
| Calculated dividend | — | 0 | 0 | 0 | 804 178 | 0 | 0 | 0 | 24 701 206 | 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.
Related companies
Summary: "FIRMA MADARA 89 ĪPAŠUMI" SIA
Overview
"FIRMA MADARA 89 ĪPAŠUMI" SIA (reg. no. 44103106564) is a limited liability company. The company was registered in 2016 and has been in the register for 10 years. Registered address: Smiltenes nov., Smiltene, Baznīcas laukums 2.
Financial results
Revenue in 2025 was 7 462 124 €, up 19,4% on the previous year (6 247 335 €). This is the company's highest revenue among the published years (2016–2025). Net profit for 2025 was 3 663 119 € (49,1% of revenue). The company was profitable in 9 of the 10 published years. In 2025 the company had 2 employees (1 a year earlier). Revenue per employee was 3 731 062 €. At the end of 2025, total assets were 43 581 154 € and equity 20 593 184 € (47,3% of assets).
Management and owners
The company has one board member. The sole owner of the company is SIA "Madara 89 grupa".
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.