In 2025, SIA "MAGNET PROMOTIONS" had revenue of 92.3 thousand EUR and profit of 7.2 thousand EUR. The company has 2 employees. Beneficial owners: Andris Mihelsons.
| year | 2025Latest | 2024 | 2023 |
|---|---|---|---|
Revenue | 92,3k € -10.7% | 103,4k € -15.8% | 122,7k € +57.7% |
Profit | 7,2k € -6.9% | 7,7k € +0.2% | 7,7k € -35.5% |
Assets | 38,4k € -0.5% | 38,6k € -21.5% | 49,2k € +62.8% |
Liabilities | 28,4k € +1.2% | 28,1k € -27.4% | 38,6k € +150.7% |
Equity | 10k € -5.0% | 10,6k € +0.1% | 10,6k € -28.7% |
Employees | 2 +0.0% | 2 +0.0% | 2 +0.0% |
Overall rating | A86/100 |
Financial health | 100/100 |
Credit history | 80/100 |
Legal history | 100/100 |
Business activity | 50/100 |
| Overall risk | Low |
No risk flags | |
No tax debts | |
Positive profit | |
Regular report filing | |
| Name, surname | Birth date | Position | Representation rights | Registered | |
|---|---|---|---|---|---|
| Board member | Independently | ||||
| Board chairman | Independently |
SIA "MAGNET PROMOTIONS" is located at Rīga, Stopiņu iela 29, LV-1035.
In 2025, SIA "MAGNET PROMOTIONS" had revenue of 92 317 EUR and profit of 7203 EUR. Compared to previous year, revenue decreased by 10.7%. View full financial report →
In 2024, SIA "MAGNET PROMOTIONS" had an average of 2 employees. View tax history →
The beneficial owners of SIA "MAGNET PROMOTIONS" are Andris Mihelsons. View ownership details →
Yes, SIA "MAGNET PROMOTIONS" is registered as an active VAT payer with VAT number LV40003639069.
In 2024, the average gross salary at SIA "MAGNET PROMOTIONS" was approximately 875,13 € per month (net ~ 713,57 €). This is an approximate calculation. View salary details →
SIA "MAGNET PROMOTIONS" was founded on July 25, 2003. The company has been operating for 23 years.
| Indicator | Value | Rank | Comparison | |
|---|---|---|---|---|
Company age | 23 years | - | 0% | |
Net revenue | 92 317,00 € | - | 0% | |
Profit | 7203,00 € | - | 0% | |
Equity | 10 049,00 € | - | 0% | |
Assets | 38 434,00 € | - | 0% | |
Fixed assets | 514,00 € | - | 0% | |
Liquidity | 1.34 | - | 40% | |
Profitability | 7.8% | - | 10% | |
Registered capital | 2845,00 € | - | 0% |
Annual financial report for 2025.
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.
Registered in the Latvian company register.
| Name, surname | Birth date | Shares | Ownership rights | |
|---|---|---|---|---|
| Andris Mihelsons | 2845 | 100.00% |
| Name, surname | Nationality | Birth date | |
|---|---|---|---|
| Andris Mihelsons | LV |