In 2024, SIA "Madara 89 grupa" had revenue of 879.8 thousand EUR and profit of 1.1 million EUR. The company has 8 employees. Beneficial owners: Egils Butka.
year | Revenue | Profit | Assets | Liabilities | Equity | Employees |
|---|---|---|---|---|---|---|
| 2024 | 879 812 € -2.5% | 1 124 071 € +51.3% | 28 393 996 € +15.9% | 26 408 750 € | 1 985 246 € | 9 +12.5% |
| 2023 | 902 605 € +7.8% | 742 800 € -51.0% | 24 508 380 € -6.3% | 23 122 205 € | 1 386 175 € | 8 +33.3% |
| 2022 | 836 910 € +107.8% | 1 516 416 € +815.1% | 26 163 608 € -18.2% | 23 626 323 € | 2 537 285 € | 6 +0.0% |
| 2021 | 402 842 € -35.4% | 165 705 € -79.6% | 31 984 597 € +0.0% | 30 963 728 € | 1 020 869 € | 6 +0.0% |
Overall Rating | A+94/100 |
Financial Health | 100/100 |
Credit History | 100/100 |
Legal History | 100/100 |
Business Activity | 65/100 |
| Overall Risk | Low |
No risk flags | |
No tax debts | |
Positive profit | |
Regular report filing | |
| Name, Surname | Position | Representation Rights | Registered | |
|---|---|---|---|---|
| Board Chairman | Independently |
SIA "Madara 89 grupa" is located at Smiltenes nov., Smiltene, Baznīcas laukums 2.
In 2024, SIA "Madara 89 grupa" had revenue of 879 812 EUR and profit of 1 124 071 EUR. Compared to previous year, revenue decreased by 2.5%. View full financial report →
In 2024, SIA "Madara 89 grupa" had an average of 8 employees. View tax history →
The beneficial owners of SIA "Madara 89 grupa" are Egils Butka. View ownership details →
Yes, SIA "Madara 89 grupa" is registered as an active VAT payer with VAT number LV54103131671.
In 2024, the average gross salary at SIA "Madara 89 grupa" was approximately 5321,09 € per month (net ~ 3678,02 €). This is an approximate calculation. View salary details →
SIA "Madara 89 grupa" was founded on October 24, 2019. The company has been operating for 7 years.
| Indicator | Value | Rank | Comparison | |
|---|---|---|---|---|
Company Age | 7 years | 272 - 276 | 29% | |
Net Revenue | 879 812,00 € | 2 - 6 | 99% | |
Profit | 1 124 071,00 € | 9 - 13 | 97% | |
Equity | 1 985 246,00 € | 6 - 10 | 98% | |
Assets | 28 393 996,00 € | 4 - 8 | 99% | |
Fixed Assets | 7884,00 € | - | 10% | |
Investments | 23 392 356,00 € | - | 90% | |
Liquidity | 1.01 | - | 25% | |
Profitability | 127.8% | - | 90% | |
Registered Capital | 44 820,00 € | - | 10% |
| Name, Surname | Shares | Ownership Rights | 2024 dividends | |
|---|---|---|---|---|
| Egils Butka | 1494 | 100.00% | 899 257,00 € |
| Name, Surname | Nationality | Birth Date |
|---|
| Name | Registration Number | Relationship |
|---|---|---|
| "FIRMA MADARA 89" SIA | 40003115846 | Subsidiary (100%) |
| "OLNIEKI" SIA | 44103100383 | Subsidiary (100%) |
| "FIRMA MADARA 89 ĪPAŠUMI" SIA | 44103106564 | Subsidiary (100%) |
| "E.G. IEGULDĪJUMI" SIA | 54103053201 | Subsidiary (80%) |
Annual financial report for 2024.
Annual financial report for 2024.
Annual financial report for 2023.
Annual financial report for 2023.
Annual financial report for 2022.
Annual financial report for 2022.
Annual financial report for 2021.
Annual financial report for 2021.
Annual financial report for 2020.
Annual financial report for 2020.
Annual financial report for 2019.
New registered capital: 44 820 EUR.
Registered in the Latvian Company Register.
Registered as a VAT payer.
| Egils Butka | LV |