Varakļānu pagasta zemnieku saimniecība "MADARAS"Active

45401019788FarmFounded 2004

Key figures

115 591 €+15,6%
Revenue 2025
+7,1%
Average annual growth 2014–2025
050 k100 k150 k200 k’14’15’16’17’18’19’20’21’22’23’24’25

Ratios

2025
Balance sheet structure
Current assetsNon-current assetsLiabilitiesEquity
0100 k200 k300 k’14’15’16’17’18’19’20’21’22’23’24’25

Dividends

calculated
2025

Paid out in dividends approximately 10 800 € (8% of equity at the end of the previous year).

Low confidence: the company does not file a cash flow statement, so the amount is an estimate from changes in equity — it may also include other reductions of equity (e.g. a share capital reduction).

History
2025 ~10 800 €
2024 ~30 000 €
2023 ~41 500 €
2022 ~25 000 €
2021 ~11 060 €
2020 ~3940 €
2019 ~6000 €
2018 ~9334 €
2017 ~14 500 €
2016 ~2883 €
2015 ~3783 €
Summary of financial statements2014–2025
201420152016201720182019202020212022202320242025
Balance sheet — assets
Total current assets65 24058 67095 15763 43175 57476 780115 26195 512118 93692 49884 620105 019
Total non-current assets25 66626 78719 86826 55357 90350 59447 79093 708122 817104 57585 56468 614
Total assets90 90685 457115 02589 984133 477127 374163 051189 220241 753197 073170 184173 633
Balance sheet — liabilities and equity
Current liabilities5845282115 08721206024768710 23818 89522 88921 61921 10510 318
Non-current liabilities28388520031 76528 13524 50541 97431 18220 90810 2506353
Total liabilities8683367315 087212037 78935 82234 74360 86954 07142 52731 35516 671
Share capital————————————
Retained earnings of previous periods————————————
Profit for the year25 966334421 037242617 158186440 69611 10384 331836414 28328 933
Total equity82 22381 78499 93887 86495 68891 552128 308128 351187 682154 546138 829156 962
Income statement
Sales revenue54 21657 18558 28287 60263 11759 61584 540101 400182 966125 09899 978115 591
Operating profit27 038335421 037242617 329292441 64511 87685 76710 49916 32929 874
EBITDA38 54618 55332 59611 38025 97910 23346 22616 436100 37029 72135 34049 124
Profit before income tax26 946334421 037242617 158186440 69611 10384 331836414 28328 933
Profit for the reporting year25 966334421 037242617 158186440 69611 10384 331836414 28328 933
Labour costs353641384947534862376140548715 49414 93421 27817 66518 466
Depreciation of non-current assets11 50815 19911 5598954865073094581456014 60319 22219 01119 250
Other indicators
Employees122222233322
Calculated dividend—3783288314 50093346000394011 06025 00041 50030 00010 800

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
Varakļānu pagasta zem…Kanča Evija
CompanyPersonShareholderOther roleAdditional link

Related companies

Same registered address

Summary: Varakļānu pagasta zemnieku saimniecība "MADARAS"

Overview

Varakļānu pagasta zemnieku saimniecība "MADARAS" (reg. no. 45401019788) is a farm. The company was registered in 2004 and has been in the register for 22 years. Registered address: Madonas nov., Varakļānu pag., "Stradiņi".

Financial results

Revenue in 2025 was 115 591 €, up 15,6% on the previous year (99 978 €). From 2014 to 2025, revenue grew by an average of 7,1% per year. Net profit for 2025 was 28 933 € (25,0% of revenue). The company was profitable in all 12 published years. In 2025 the company had 2 employees. Revenue per employee was 57 796 €. At the end of 2025, total assets were 173 633 € and equity 156 962 € (90,4% of assets).

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.