In 2024, SIA "MGM11" had revenue of 39.9 thousand EUR and profit of 1.9 thousand EUR. The company has 2 employees. Beneficial owners: Aleksandrs Muhins.
Warning
Employee average salary is at or below minimum wage
| year | 2024Latest | 2023 |
|---|---|---|
Revenue | 39,9k € +41.1% | 28,2k € |
Profit | 1,9k € +64.5% | 1,2k € |
Assets | 6,2k € +40.5% | 4,4k € |
Liabilities | 335 € -27.8% | 464 € |
Equity | 5,9k € +48.5% | 4k € |
Employees | 2 +0.0% | 2 |
Annual financial report for 2024.
Annual financial report for 2023.
Registered in the Latvian company register.
Overall rating | A+92/100 |
Financial health | 100/100 |
Credit history | 80/100 |
Legal history | 100/100 |
Business activity | 85/100 |
| 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 |
SIA "MGM11" is located at Rīga, Stabules iela 2A, LV-1004.
In 2024, SIA "MGM11" had revenue of 39 854 EUR and profit of 1923 EUR. Compared to previous year, revenue increased by 41.1%. View full financial report →
In 2024, SIA "MGM11" had an average of 2 employees. View tax history →
The beneficial owners of SIA "MGM11" are Aleksandrs Muhins. View ownership details →
No, SIA "MGM11" does not have an active VAT number and is not registered as a VAT payer.
In 2024, the average gross salary at SIA "MGM11" was approximately 349,56 € per month (net ~ 312,86 €). This is an approximate calculation. View salary details →
SIA "MGM11" was founded on May 2, 2023. The company has been operating for 3 years.
| Indicator | Value | Rank | Comparison | |
|---|---|---|---|---|
Company age | 3 years | 373 - 377 | 57% | |
Net revenue | 39 854,00 € | 186 - 190 | 71% | |
Profit | 1923,00 € | 163 - 167 | 81% | |
Equity | 5892,00 € | 139 - 143 | 63% | |
Assets | 6227,00 € | 198 - 202 | 70% | |
Liquidity | 18.59 | - | 90% | |
Profitability | 4.8% | - | 10% | |
Registered capital | 2800,00 € | - | 90% |
| Name, surname | Birth date | Shares | Ownership rights | |
|---|---|---|---|---|
| Aleksandrs Muhins | 2800 | 100.00% |
| Name, surname | Nationality | Birth date | |
|---|---|---|---|
| Aleksandrs Muhins | LV |