In 2024, SIA "MODES FORMULA" had revenue of 337.1 thousand EUR and loss of 48.6 thousand EUR. The company has 31 employees. Beneficial owners: Charles Mel.
year | Revenue | Profit | Assets | Liabilities | Equity | Employees |
|---|---|---|---|---|---|---|
| 2024 | 337 111 € -7.5% | -48 618 € -12.1% | 918 687 € -0.0% | 502 657 € | 416 030 € | 28 -24.3% |
| 2023 | 364 600 € -8.5% | -43 380 € -333.1% | 919 038 € -13.8% | 454 391 € | 464 647 € | 37 +0.0% |
| 2022 | 398 320 € +10.2% | -10 017 € +15.3% | 1 065 833 € +96.2% | 557 806 € | 508 027 € | 37 -19.6% |
| 2021 | 361 548 € +0.1% | -11 821 € -336.8% | 543 266 € -0.1% | 546 355 € | -3089 € | 46 -2.1% |
Overall Rating | C+64/100 |
Financial Health | 40/100 |
Credit History | 80/100 |
Legal History | 100/100 |
Business Activity | 35/100 |
| Overall Risk | Medium |
No risk flags | |
No tax debts | |
Negative profit | |
Regular report filing | |
| Name, Surname | Position | Representation Rights | Registered | |
|---|---|---|---|---|
| Board Chairman | Independently | |||
| Board Member | Independently |
| Name | Changed |
|---|---|
| SIA "Modes Formula" | 9 July 2004 |
SIA "MODES FORMULA" is located at Daugavpils, Nometņu iela 4.
In 2024, SIA "MODES FORMULA" had revenue of 337 111 EUR and loss of 48 618 EUR. Compared to previous year, revenue decreased by 7.5%. View full financial report →
In 2024, SIA "MODES FORMULA" had an average of 31 employees. View tax history →
The beneficial owners of SIA "MODES FORMULA" are Charles Mel. View ownership details →
Yes, SIA "MODES FORMULA" is registered as an active VAT payer with VAT number LV41503027883.
In 2024, the average gross salary at SIA "MODES FORMULA" was approximately 680,52 € per month (net ~ 583,80 €). This is an approximate calculation. View salary details →
SIA "MODES FORMULA" was founded on June 27, 2001. The company has been operating for 25 years.
| Indicator | Value | Rank | Comparison | |
|---|---|---|---|---|
Company Age | 25 years | 9 - 13 | 89% | |
Net Revenue | 337 111,00 € | 12 - 16 | 84% | |
Profit | -48 618,00 € | 84 - 88 | 6% | |
Equity | 416 030,00 € | 4 - 8 | 90% | |
Assets | 918 687,00 € | 4 - 8 | 94% | |
Fixed Assets | 915 882,00 € | - | 90% | |
Liquidity | 0.05 | - | 10% | |
Profitability | -14.4% | - | 10% | |
Registered Capital | 170 745,00 € | - | 90% |
| Name, Surname | Shares | Ownership Rights | |
|---|---|---|---|
| SIA ražošanas komercfirma "SOLUTIONS" | 170 745 | 100.00% |
| Name, Surname | Nationality | Birth Date | |
|---|---|---|---|
| Charles Mel | LV |
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.
New registered capital: 170 745 EUR.
New name: SIA "Modes Formula"
Registered in the Latvian Company Register.
Registered as a VAT payer.