In 2024, "FIRMA MADARA 89" SIA had revenue of 216.9 million EUR and profit of 13.7 million EUR. The company has 1810 employees. Beneficial owners: Egils Butka.
year | Revenue | Profit | Assets | Liabilities | Equity | Employees |
|---|---|---|---|---|---|---|
| 2024 | 216 871 354 € +4.3% | 13 701 064 € -12.5% | 92 039 427 € +16.4% | 23 582 117 € | 68 457 310 € | 1876 +6.2% |
| 2023 | 207 852 550 € +10.0% | 15 657 742 € +27.2% | 79 052 926 € +22.7% | 21 196 680 € | 57 856 246 € | 1767 -5.1% |
| 2022 | 188 942 689 € +9.9% | 12 307 671 € -19.4% | 64 409 221 € +13.6% | 21 685 717 € | 42 723 504 € | 1862 +1.2% |
| 2021 | 171 915 936 € +4.8% | 15 275 242 € +13.5% | 56 703 319 € -13.5% | 23 056 478 € | 33 646 841 € | 1840 +0.7% |
Overall Rating | A+97/100 |
Financial Health | 100/100 |
Credit History | 100/100 |
Legal History | 100/100 |
Business Activity | 80/100 |
| Overall Risk | Low |
No risk flags | |
No tax debts | |
Positive profit | |
Regular report filing | |
| Name, Surname | Position | Representation Rights | Registered | |
|---|---|---|---|---|
| Board Chairman | Independently |
| Name | Changed |
|---|---|
| "FIRMA MADARA 89-SIA-KOPUZŅĒMUMS" | 13 September 2004 |
| Firma "MADARA 89" | 17 May 1993 |
"FIRMA MADARA 89" SIA is located at Smiltenes nov., Smiltene, Baznīcas laukums 2.
In 2024, "FIRMA MADARA 89" SIA had revenue of 216 871 354 EUR and profit of 13 701 064 EUR. Compared to previous year, revenue increased by 4.3%. View full financial report →
In 2024, "FIRMA MADARA 89" SIA had an average of 1810 employees. View tax history →
The beneficial owners of "FIRMA MADARA 89" SIA are Egils Butka. View ownership details →
No, "FIRMA MADARA 89" SIA does not have an active VAT number and is not registered as a VAT payer.
In 2024, the average gross salary at "FIRMA MADARA 89" SIA was approximately 988,64 € per month (net ~ 789,25 €). This is an approximate calculation. View salary details →
"FIRMA MADARA 89" SIA was founded on February 16, 1993. The company has been operating for 33 years.
| Indicator | Value | Rank | Comparison | |
|---|---|---|---|---|
Company Age | 33 years | 95 - 99 | 86% | |
Net Revenue | 216 871 354,00 € | 2 - 6 | 100% | |
Profit | 13 701 064,00 € | 1 - 5 | 100% | |
Equity | 68 457 310,00 € | 1 - 5 | 99% | |
Assets | 92 039 427,00 € | 2 - 6 | 100% | |
Fixed Assets | 7 221 044,00 € | - | 90% | |
Investments | 55 018 491,00 € | - | 90% | |
Liquidity | 1.27 | - | 40% | |
Profitability | 6.3% | - | 10% | |
Registered Capital | 41 832,00 € | - | 90% |
| Name, Surname | Shares | Ownership Rights | 2024 dividends | |
|---|---|---|---|---|
| SIA "Madara 89 grupa" | 332 | 100.00% | 10 960 851,00 € |
| Name, Surname | Nationality | Birth Date |
|---|
| Name | Registration Number | Relationship |
|---|---|---|
| Sabiedrība ar ierobežotu atbildību "IEPIRKUMU GRUPA" | 40003617292 | Subsidiary (56.51%) |
| "E.G. IEGULDĪJUMI" SIA | 54103053201 | Subsidiary (20%) |
Annual financial report for 2024.
Annual financial report for 2023.
Annual financial report for 2022.
Annual financial report for 2021.
Annual financial report for 2020.
Sadalīta nodalīšanas ceļā
Sadalīta sašķelšanas ceļā
Annual financial report for 2019.
Annual financial report for 2019.
Annual financial report for 2018.
Annual financial report for 2018.
Annual financial report for 2017.
Annual financial report for 2017.
Annual financial report for 2016.
Annual financial report for 2015.
New registered capital: 41 832 EUR.
New name: "FIRMA MADARA 89-SIA-KOPUZŅĒMUMS"
New name: Firma "MADARA 89"
Registered in the Latvian Company Register.
Registered as a VAT payer.
| Egils Butka | LV |