SIA "MADEN EL"Active
Key figures
Ratios
2025Balance sheet structure
Dividends
calculatedPaid out in dividends approximately 87 132 € (55% 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).
Summary of financial statements2016–2025
| 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Balance sheet — assets | ||||||||||
| Total current assets | 19 233 | 93 610 | 91 175 | 58 969 | 52 396 | 86 144 | 107 730 | 115 902 | 229 551 | 137 475 |
| Total non-current assets | 0 | 13 135 | 10 145 | 10 869 | 26 155 | 25 959 | 16 237 | 21 751 | 19 172 | 14 757 |
| Total assets | 19 233 | 106 745 | 101 320 | 69 838 | 78 551 | 112 103 | 123 967 | 137 653 | 248 723 | 152 232 |
| Balance sheet — liabilities and equity | ||||||||||
| Current liabilities | 9937 | 73 161 | 74 075 | 31 862 | 29 276 | 46 988 | 48 035 | 70 616 | 91 591 | 30 209 |
| Non-current liabilities | 0 | 2053 | 781 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total liabilities | 9937 | 75 214 | 74 856 | 31 862 | 29 276 | 46 988 | 48 035 | 70 616 | 91 591 | 30 209 |
| Share capital | — | — | — | — | — | — | — | — | — | — |
| Retained earnings of previous periods | — | — | — | — | — | — | — | — | — | — |
| Profit for the year | 9296 | 28 531 | 21 464 | 19 596 | 24 679 | 35 436 | 70 932 | 62 037 | 138 132 | 52 023 |
| Total equity | 9296 | 31 531 | 26 464 | 37 976 | 49 275 | 65 115 | 75 932 | 67 037 | 157 132 | 122 023 |
| Income statement | ||||||||||
| Sales revenue | 50 457 | 249 848 | 386 113 | 388 024 | 416 885 | 375 970 | 535 014 | 447 081 | 787 979 | 694 507 |
| Operating profit | 13 837 | 33 310 | 21 464 | 23 730 | 30 449 | 43 207 | 89 082 | 83 356 | 153 194 | 76 434 |
| Profit before income tax | 13 837 | 33 310 | 21 464 | 23 730 | 30 449 | 43 207 | 89 082 | 83 356 | 153 194 | 76 434 |
| Profit for the reporting year | 9296 | 28 531 | 21 464 | 19 596 | 24 679 | 35 436 | 70 932 | 62 037 | 138 132 | 52 023 |
| Labour costs | — | — | — | — | — | — | — | — | — | — |
| Depreciation of non-current assets | — | — | — | — | — | — | — | — | — | — |
| Other indicators | ||||||||||
| Employees | 3 | 12 | 12 | 15 | 17 | 14 | 16 | 16 | 17 | 17 |
| Calculated dividend | — | 6296 | 26 531 | 8084 | 13 380 | 19 596 | 60 115 | 70 932 | 48 037 | 87 132 |
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 "MADEN EL"
Overview
SIA "MADEN EL" (reg. no. 50103975041) is a limited liability company. The company was registered in 2016 and has been in the register for 10 years. Registered address: Rīga, Spilves iela 16.
Financial results
Revenue in 2025 was 694 507 €, down 11,9% on the previous year (787 979 €). From 2016 to 2025, revenue grew by an average of 33,8% per year. Net profit for 2025 was 52 023 € (7,5% of revenue). The company was profitable in all 10 published years. In 2025 the company had 17 employees. Revenue per employee was 40 853 €. At the end of 2025, total assets were 152 232 € and equity 122 023 € (80,2% 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.