In 2024, Mars Latvia SIA had revenue of 55.7 million EUR and profit of 5 million EUR. The company has 27 employees. Beneficial owners: Jacqueline Badger Mars.
year | Revenue | Profit | Assets | Liabilities | Equity | Employees |
|---|---|---|---|---|---|---|
| 2024 | 55 715 948 € +11.7% | 5 034 741 € +27.0% | 14 005 800 € -2.7% | 8 366 520 € | 5 639 280 € | 27 -3.6% |
| 2023 | 49 875 347 € +14.4% | 3 964 437 € +37.4% | 14 400 004 € +12.1% | 8 295 465 € | 6 104 539 € | 28 -12.5% |
| 2022 | 43 596 742 € +6.0% | 2 885 822 € +62.3% | 12 842 958 € +6.7% | 7 202 856 € | 5 640 102 € | 32 +3.2% |
| 2021 | 41 145 748 € +1.8% | 1 778 433 € +40.6% | 12 031 349 € +17.4% | 6 277 069 € | 5 754 280 € | 31 -8.8% |
Overall Rating | A+96/100 |
Financial Health | 100/100 |
Credit History | 100/100 |
Legal History | 100/100 |
Business Activity | 75/100 |
| Overall Risk | Low |
No risk flags | |
No tax debts | |
Positive profit | |
Regular report filing | |
| Name, Surname | Position | Representation Rights | Registered | |
|---|---|---|---|---|
| Board Member | Independently | |||
| Board Member | Independently |
| Name | Changed |
|---|---|
| "Masterfoods Latvia" SIA | 23 May 2007 |
| Sabiedrība ar ierobežotu atbildību "MASTERFOODS LATVIA" | 11 October 2004 |
Mars Latvia SIA is located at Rīga, Sporta iela 11.
In 2024, Mars Latvia SIA had revenue of 55 715 948 EUR and profit of 5 034 741 EUR. Compared to previous year, revenue increased by 11.7%. View full financial report →
In 2024, Mars Latvia SIA had an average of 27 employees. View tax history →
The beneficial owners of Mars Latvia SIA are Jacqueline Badger Mars. View ownership details →
Yes, Mars Latvia SIA is registered as an active VAT payer with VAT number LV40003178606.
In 2024, the average gross salary at Mars Latvia SIA was approximately 3759,47 € per month (net ~ 2636,77 €). This is an approximate calculation. View salary details →
Mars Latvia SIA was founded on February 8, 1994. The company has been operating for 32 years.
| Indicator | Value | Rank | Comparison | |
|---|---|---|---|---|
Company Age | 32 years | 7 - 11 | 92% | |
Net Revenue | 55 715 948,00 € | 1 - 4 | 99% | |
Profit | 5 034 741,00 € | 1 - 3 | 100% | |
Equity | 5 639 280,00 € | 2 - 6 | 96% | |
Assets | 14 005 800,00 € | 1 - 5 | 98% | |
Fixed Assets | 30 213,00 € | - | 25% | |
Liquidity | 1.67 | - | 60% | |
Profitability | 9.0% | - | 10% | |
Registered Capital | 191 970,00 € | - | 90% |
| Name, Surname | Shares | Ownership Rights | 2024 dividends |
|---|---|---|---|
| MARS OVERSEAS HOLDINGS, INC. | 135 | 100.00% | 4 027 793,00 € |
| Name, Surname | Nationality | Birth Date |
|---|
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.
Annual financial report for 2019.
Annual financial report for 2018.
Annual financial report for 2017.
Annual financial report for 2016.
Annual financial report for 2015.
Annual financial report for 2014.
Annual financial report for 2013.
Annual financial report for 2012.
Annual financial report for 2011.
Annual financial report for 2010.
New registered capital: 191 970 EUR.
New name: "Masterfoods Latvia" SIA
New name: Sabiedrība ar ierobežotu atbildību "MASTERFOODS LATVIA"
Registered as a VAT payer.
Registered in the Latvian Company Register.
Removed from the VAT payer register.
| Jacqueline Badger Mars | US |