SIA "MADARAS AG"Active
Key figures
Ratios
2025Balance sheet structure
Dividends
calculatedNo dividends were paid.
Summary of financial statements2008–2025
| 2021 | 2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|---|
| Sales revenue | 179 826 | 202 756 | 162 842 | 122 941 | 119 019 |
| Profit for the reporting year | 2927 | -14 442 | 386 | -4094 | 1306 |
| Retained earnings of previous periods | — | — | — | — | — |
| Total assets | 66 637 | 62 157 | 57 282 | 37 202 | 35 225 |
| Total liabilities | 54 311 | 68 473 | 67 412 | 64 026 | 60 743 |
| Total equity | 12 326 | -6316 | -10 130 | -26 824 | -25 518 |
| Employees | 3 | 3 | 2 | 2 | 2 |
| Calculated dividend | 0 | 4200 | 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 "MADARAS AG"
Overview
SIA "MADARAS AG" (reg. no. 49001000921) is a limited liability company. The company was registered in 1992 and has been in the register for 34 years. Registered address: Talsu nov., Laucienes pag., Lauciene, "Madaras".
Financial results
Revenue in 2025 was 119 019 €, down 3,2% on the previous year (122 941 €). From 2008 to 2025, revenue declined by an average of 1,1% per year. Net profit for 2025 was 1306 € (1,1% of revenue). The company was profitable in 8 of the 17 published years. In 2025 the company had 2 employees. Revenue per employee was 59 510 €.
Management and owners
The company has one board member. The sole owner of the company is a private individual.
Points to note
Equity was negative at the end of 2025 (-25 518 €).
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.