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 | 2024Latest | 2023 | 2022 |
|---|---|---|---|
Revenue | 337,1k € -7.5% | 364,6k € -8.5% | 398,3k € +10.2% |
Profit | -48,6k € -12.1% | -43,4k € -333.1% | -10k € +15.3% |
Assets | 918,7k € -0.0% | 919k € -13.8% | 1,1m € +96.2% |
Liabilities | 502,7k € +10.6% | 454,4k € -18.5% | 557,8k € +2.1% |
Equity | 416k € -10.5% | 464,6k € -8.5% | 508k € +16546.3% |
Employees | 28 -24.3% | 37 +0.0% | 37 -19.6% |
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 | Birth date | Position | Representation rights | Registered | |
|---|---|---|---|---|---|
| Board chairman | Independently | ||||
| Board member | Independently |
| Name | Changed |
|---|---|
| SIA "Modes Formula" | 9 July 2004 |
| SIA "Modes Formula" | 9 July 2004 |
| SIA "Modes Formula" | 9 July 2004 |
| SIA "Modes Formula" | 9 July 2004 |
| SIA "Modes Formula" | 9 July 2004 |
| SIA "Modes Formula" | 9 July 2004 |
| SIA "Modes Formula" | 9 July 2004 |
| SIA "Modes Formula" | 9 July 2004 |
| SIA "Modes Formula" | 9 July 2004 |
| SIA "Modes Formula" | 9 July 2004 |
| SIA "Modes Formula" | 9 July 2004 |
| SIA "Modes Formula" | 9 July 2004 |
| SIA "Modes Formula" | 9 July 2004 |
| SIA "Modes Formula" | 9 July 2004 |
| SIA "Modes Formula" | 9 July 2004 |
| SIA "Modes Formula" | 9 July 2004 |
| SIA "Modes Formula" | 9 July 2004 |
| SIA "Modes Formula" | 9 July 2004 |
| SIA "Modes Formula" | 9 July 2004 |
| SIA "Modes Formula" | 9 July 2004 |
SIA "MODES FORMULA" is located at Daugavpils, Nometņu iela 4, LV-5401.
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% |
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.
Registered in the Latvian company register.
| Name, surname | Shares | Ownership rights | |
|---|---|---|---|
| SIA ražošanas komercfirma "SOLUTIONS" | 170 745 | 100.00% |
| Name, surname | Nationality | Birth date | |
|---|---|---|---|
| Charles Mel | BE |