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 | - | 0% | |
Net Revenue | 879 812,00 € | - | 0% | |
Profit | 1 124 071,00 € | - | 0% | |
Equity | 1 985 246,00 € | - | 0% | |
Assets | 28 393 996,00 € | - | 0% | |
Fixed Assets | 7884,00 € | - | 0% | |
Investments | 23 392 356,00 € | - | 0% | |
Liquidity | 1.01 | - | 25% | |
Profitability | 127.8% | - | 90% | |
Registered Capital | 44 820,00 € | - | 0% |
Annual financial report for 2024.
Annual financial report for 2023.
Annual financial report for 2022.
Annual financial report for 2021.
Registered in the Latvian Company Register.
| Name, Surname | Shares | Ownership Rights | |
|---|---|---|---|
| Butka Egils | 1494 | 100.00% |
| Name, Surname | Nationality | Birth Date | |
|---|---|---|---|
| Egils Butka | - | - |
| Name | Registration Number | Relationship |
|---|---|---|
| "OLNIEKI" SIA | 44103100383 | Subsidiary |
| "FIRMA MADARA 89" SIA | 40003115846 | Subsidiary |
| "FIRMA MADARA 89 ĪPAŠUMI" SIA | 44103106564 | Subsidiary |
| "E.G. IEGULDĪJUMI" SIA | 54103053201 | Subsidiary |