In 2024, SIA "MADESTA" had revenue of 6.4 million EUR and loss of 1.8 million EUR. The company has 84 employees. Beneficial owners: Inga Baroniene, Sergii Ganzelynskyi.
Company has securing measures applied
This company has court orders or restrictions applied. This may indicate debt obligations or legal issues.
| Type | Details | Applied | Case Number | Institution |
|---|---|---|---|---|
| Arests | - | 2025. gada 27. maijs | 22022101110000748 | Valsts drošības dienests |
| Aizliegums | Piemērots aizliegums pamatkapitāla samazināšanai | 2025. gada 5. novembris |
year | Revenue | Profit | Assets | Liabilities | Equity | Employees |
|---|---|---|---|---|---|---|
| 2024 | 6 398 373 € -31.9% | -1 829 341 € -910.3% | 16 655 994 € -2.3% | 9 979 829 € | 6 676 165 € | 85 +0.0% |
| 2023 | 9 392 561 € -18.9% | 225 752 € -40.0% | 17 049 228 € +10.2% | 8 543 721 € | 8 505 507 € | 85 -2.3% |
| 2022 | 11 579 720 € -40.9% | 376 378 € -14.7% | 15 475 446 € -11.1% | 7 195 691 € | 8 279 755 € | 87 +19.2% |
| 2021 | 19 583 783 € +15.6% | 440 982 € -22.4% | 17 399 050 € +48.2% | 9 495 673 € | 7 903 377 € | 73 +25.9% |
| 30.4/17.19.2/116369 |
| VID Nodokļu nomaksas veicināšanas pārvalde |
| Aizliegums | Piemērots aizliegums komercķīlas reģistrācijai, pārjaunošanai, grozīšanai Latvijas Republikas Uzņēmumu reģistra komercķīlu reģistrā | 2025. gada 5. novembris | 30.4/17.19.2/116369 | VID Nodokļu nomaksas veicināšanas pārvalde |
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 Member | Independently |
| Name | Changed |
|---|---|
| SIA "RIGA TIMBER" | 30 December 2004 |
| "RIGA TIMBER" SIA | 22 October 2015 |
SIA "MADESTA" is located at Rīga, Rencēnu iela 8.
In 2024, SIA "MADESTA" had revenue of 6 398 373 EUR and loss of 1 829 341 EUR. Compared to previous year, revenue decreased by 31.9%. View full financial report →
In 2024, SIA "MADESTA" had an average of 84 employees. View tax history →
The beneficial owners of SIA "MADESTA" are Inga Baroniene and Sergii Ganzelynskyi. View ownership details →
Yes, SIA "MADESTA" is registered as an active VAT payer with VAT number LV40003440441.
In 2024, the average gross salary at SIA "MADESTA" was approximately 1322,48 € per month (net ~ 1011,85 €). This is an approximate calculation. View salary details →
SIA "MADESTA" was founded on April 16, 1999. The company has been operating for 27 years.
| Indicator | Value | Rank | Comparison | |
|---|---|---|---|---|
Company Age | 27 years | - | 0% | |
Net Revenue | 6 398 373,00 € | - | 0% | |
Profit | -1 829 341,00 € | - | 0% | |
Equity | 6 676 165,00 € | - | 0% | |
Assets | 16 655 994,00 € | - | 0% | |
Fixed Assets | 11 711 436,00 € | - | 0% | |
Investments | 155 339,00 € | - | 0% | |
Liquidity | 1.70 | - | 60% | |
Profitability | -28.6% | - | 10% | |
Registered Capital | 5 782 624,00 € | - | 0% |
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.
Registered in the Latvian Company Register.
| Name, Surname | Shares | Ownership Rights | |
|---|---|---|---|
| Ganzelynskyi Sergii | 2 833 486 | 49.00% | |
| UAB Vilniaus mokslo ir inovaciju centras | 2 949 138 | 51.00% |
| Name, Surname | Nationality | Birth Date | |
|---|---|---|---|
| Inga Baroniene | - | - | |
| Sergii Ganzelynskyi | - | - |