SIA "MG PALETES"Active
Key figures
Ratios
2025Balance sheet structure
Dividends
calculatedNo dividends were paid.
Summary of financial statements2013–2025
| 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Balance sheet — assets | |||||||||||||
| Total current assets | 20 474 | 32 748 | 4681 | 18 982 | 12 446 | 18 277 | 28 223 | 30 239 | 90 097 | 148 031 | 84 858 | 113 267 | 139 396 |
| Total non-current assets | 2471 | 14 938 | 33 343 | 39 120 | 47 073 | 40 477 | 37 683 | 13 832 | 29 806 | 35 406 | 124 570 | 114 272 | 219 282 |
| Total assets | 22 945 | 47 686 | 38 024 | 58 102 | 59 519 | 58 754 | 65 906 | 44 071 | 119 903 | 183 437 | 209 428 | 227 539 | 358 678 |
| Balance sheet — liabilities and equity | |||||||||||||
| Current liabilities | 25 687 | 51 046 | 36 596 | 50 246 | 37 204 | 36 903 | 46 159 | 57 774 | 50 725 | 61 130 | 65 118 | 72 822 | 133 353 |
| Non-current liabilities | 27 889 | 48 208 | 56 702 | 56 974 | 64 832 | 58 893 | 51 849 | 18 300 | 0 | 0 | 0 | 0 | 53 424 |
| Total liabilities | 53 576 | 99 254 | 93 298 | 107 220 | 102 036 | 95 796 | 98 008 | 76 074 | 50 725 | 61 130 | 65 118 | 72 822 | 186 777 |
| Share capital | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Retained earnings of previous periods | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Profit for the year | -2209 | -7983 | -3706 | 6156 | 6601 | 5476 | 4940 | 99 | 101 181 | 113 058 | 22 003 | 10 407 | 17 184 |
| Total equity | -30 631 | -51 568 | -55 274 | -49 118 | -42 517 | -37 042 | -32 102 | -32 003 | 69 178 | 122 307 | 144 310 | 154 717 | 171 901 |
| Income statement | |||||||||||||
| Sales revenue | 180 937 | 292 031 | 221 838 | 264 143 | 339 538 | 398 631 | 415 475 | 364 693 | 877 670 | 1 199 052 | 897 364 | 1 005 276 | 1 145 896 |
| Operating profit | -2875 | -7978 | -2490 | 7556 | 7935 | 5945 | 5125 | 107 | 101 358 | 120 751 | 22 258 | 11 371 | 20 379 |
| Profit before income tax | -3009 | -7983 | -3706 | 6156 | 6837 | 5486 | 4955 | 103 | 101 242 | 120 701 | 22 238 | 10 727 | 17 236 |
| Profit for the reporting year | -2209 | -7983 | -3706 | 6156 | 6601 | 5476 | 4940 | 99 | 101 181 | 113 058 | 22 003 | 10 407 | 17 184 |
| Labour costs | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Depreciation of non-current assets | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Other indicators | |||||||||||||
| Employees | 11 | 11 | 7 | 7 | 8 | 8 | 8 | 8 | 6 | 6 | 6 | 8 | 7 |
| Calculated dividend | — | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 59 929 | 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.
Connections graph
Click a node to see its other connections.
Related companies
- SIA "MG SERVISS" — 2 shared people
- SIA "MG Gaiziņi"
Summary: SIA "MG PALETES"
Overview
SIA "MG PALETES" (reg. no. 45403013563) is a limited liability company. The company was registered in 2004 and has been in the register for 22 years. Registered address: Madonas nov., Madona, Daugavas iela 22A.
Financial results
Revenue in 2025 was 1 145 896 €, up 14,0% on the previous year (1 005 276 €). From 2013 to 2025, revenue grew by an average of 16,6% per year. Net profit for 2025 was 17 184 € (1,5% of revenue). The company was profitable in 10 of the 13 published years. In 2025 the company had 7 employees (8 a year earlier). Revenue per employee was 163 699 €. At the end of 2025, total assets were 358 678 € and equity 171 901 € (47,9% of assets).
Management and owners
The company has one board member. According to the register, the company has 2 owners. The largest stake (84,9%) 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.