SIA "MADESTA"
SIA "MADESTA": registration number 40003440441. It is a registered VAT payer, VAT number LV40003440441, registered for VAT since 20/04/1999. Legal address: Rīga, Rencēnu iela 8, LV-1073. Registered with the Enterprise Register on 16/04/1999. Enterprise Register and State Revenue Service open data from data.gov.lv, as of 25/09/2026.
Company details
- Name
- SIA "MADESTA"
- Reg. no.
- 40003440441
- VAT no.
- LV40003440441
- Legal address
- Rīga, Rencēnu iela 8, LV-1073
- Legal form
- Sabiedrība ar ierobežotu atbildību
- Registered
- 16/04/1999 27 years ago
- Activity
- 2511 • Metāla konstrukciju un to daļu ražošana
8 more register fields
- SEPA identifier
- LV02ZZZ40003440441
- Share capital
- 5782624.00 EUR
- VAT registered since
- 20/04/1999
- Term
- Indefinite
- Former name
- "RIGA TIMBER" SIA, SIA "RIGA TIMBER"
- Country
- Latvija
- Foreign reg. no.
- –
- Data updated
- 25/09/2026
Turnover and profit
Turnover
2024: 6,398.4 k €
Profit
2024: −1,829.3 k €
| Year | Turnover | Profit |
|---|---|---|
| 2024 | 6,398,373.00 | -1,829,341.00 |
| 2023 | 9,392,561.00 | 225,752.00 |
| 2022 | 11,579,720.00 | 376,378.00 |
| 2021 | 19,583,783.00 | 440,982.00 |
| 2020 | 16,944,874.00 | 568,297.00 |
| 2019 | 17,717,776.00 | 1,110,938.00 |
| 2018 | 14,599,619.00 | 1,132,529.00 |
| 2017 | 5,051,214.00 | 805,989.00 |
| 2016 | 3,589,729.00 | 177,214.00 |
| 2015 | 65,305.00 | -538,556.00 |
| 2014 | 285,524.00 | -173,007.00 |
| 2013 | 151,992.00 | 32,573.00 |
| 2012 | 114,110.00 | 14,103.00 |
| 2011 | 83,841.00 | 5,099.00 |
| 2010 | 59,812.00 | -42,604.00 |
| 2009 | 90,829.00 | 218.00 |
Turnover and profit are two charts, each on its own scale, so compare a year within a chart, not across them. Point at a year in either chart or the table to highlight it everywhere.
Taxes paid
All periods (6)
| Year | Social contributions | PIT | Other taxes | Taxes total, k € |
|---|---|---|---|---|
| 2024 | 454.4 | 232.0 | -337.8 | 348.7 |
| 2023 | 514.2 | 303.1 | -274.8 | 542.5 |
| 2022 | 472.5 | 239.0 | -477.5 | 234.0 |
| 2021 | 347.3 | 174.1 | -463.9 | 57.5 |
| 2020 | 257.7 | 131.4 | -508.2 | -119.1 |
| 2019 | 265.1 | 143.2 | -294.2 | 114.1 |
Equity against assets
Assets
2024: 16,656 k €
Equity
2024: 6,676.2 k €
| Year | Assets | Equity |
|---|---|---|
| 2024 | 16,655,994.00 | 6,676,165.00 |
| 2023 | 17,049,228.00 | 8,505,507.00 |
| 2022 | 15,475,446.00 | 8,279,755.00 |
| 2021 | 17,399,050.00 | 7,903,377.00 |
| 2020 | 11,739,334.00 | 7,217,086.00 |
| 2019 | 15,400,075.00 | 5,490,381.00 |
| 2018 | 9,829,992.00 | 3,479,443.00 |
| 2017 | 7,838,815.00 | 2,046,914.00 |
| 2016 | 4,734,247.00 | 450,925.00 |
| 2015 | 796,456.00 | 274,228.00 |
| 2014 | 857,206.00 | 812,785.00 |
| 2013 | 692,381.00 | 663,139.00 |
| 2012 | 652,581.00 | 630,566.00 |
| 2011 | 627,901.00 | 616,463.00 |
| 2010 | 615,500.00 | 611,364.00 |
| 2009 | 676,062.00 | 653,968.00 |
Equity as a share of assets shows how much of the company it owns outright.
Employees
2024: 85
| Year | Employees |
|---|---|
| 2024 | 85 |
| 2023 | 85 |
| 2022 | 87 |
| 2021 | 73 |
| 2020 | 58 |
| 2019 | 58 |
| 2018 | 44 |
| 2017 | 19 |
| 2016 | 3 |
| 2015 | 2 |
| 2014 | 1 |
| 2013 | 1 |
| 2012 | 1 |
| 2011 | 1 |
| 2010 | 1 |
| 2009 | 1 |
Officers and owners
Register checks
- Register status
- Active
- Insolvency proceedings
- No
- Liquidation
- No
- Reorganisation
- Yes
- Economic activity at VID
- No
- Sanctions lists
- No
- Ban on business activity
- No
- Securing measures
- Yes
- VAT payer
- Yes
- VID tax rating A is the highest of five
- B
- Employees paid below minimum wage
- No
- VAT group
- Not a member
- Annual report
- Filed for 2024
- Turnover trend From the last two filed reports
- Down 31.9%
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Open data from the Latvian Enterprise Register and the State Revenue Service via data.gov.lv. Fakts keeps a local copy and refreshes it nightly. This page collects public records and is not a credit rating. Data updated: 25/09/2026