Company register

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

Enterprise Register record
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

Annual reports

Turnover

2024: 6,398.4 k €

Profit

2024: −1,829.3 k €

Turnover and profit
YearTurnoverProfit
20246,398,373.00-1,829,341.00
20239,392,561.00225,752.00
202211,579,720.00376,378.00
202119,583,783.00440,982.00
202016,944,874.00568,297.00
201917,717,776.001,110,938.00
201814,599,619.001,132,529.00
20175,051,214.00805,989.00
20163,589,729.00177,214.00
201565,305.00-538,556.00
2014285,524.00-173,007.00
2013151,992.0032,573.00
2012114,110.0014,103.00
201183,841.005,099.00
201059,812.00-42,604.00
200990,829.00218.00

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

Published by VID, 2024
Taxes total 348.7k €
everything VID received down 35.7% vs 2023
Payroll taxes 686.4k €
Social contributions 454.4 + PIT 232.0 down 16.0% vs 2023
Other taxes -337.8k €
refunds larger than payments nothing to compare with
All periods (6)
Taxes paid, k €
YearSocial contributionsPITOther taxesTaxes total, k €
2024454.4232.0-337.8348.7
2023514.2303.1-274.8542.5
2022472.5239.0-477.5234.0
2021347.3174.1-463.957.5
2020257.7131.4-508.2-119.1
2019265.1143.2-294.2114.1

Equity against assets

Assets

2024: 16,656 k €

Equity

2024: 6,676.2 k €

Equity against assets
YearAssetsEquity
202416,655,994.006,676,165.00
202317,049,228.008,505,507.00
202215,475,446.008,279,755.00
202117,399,050.007,903,377.00
202011,739,334.007,217,086.00
201915,400,075.005,490,381.00
20189,829,992.003,479,443.00
20177,838,815.002,046,914.00
20164,734,247.00450,925.00
2015796,456.00274,228.00
2014857,206.00812,785.00
2013692,381.00663,139.00
2012652,581.00630,566.00
2011627,901.00616,463.00
2010615,500.00611,364.00
2009676,062.00653,968.00

Equity as a share of assets shows how much of the company it owns outright.

Employees

Annual average

2024: 85

Employees
YearEmployees
202485
202385
202287
202173
202058
201958
201844
201719
20163
20152
20141
20131
20121
20111
20101
20091

Officers and owners

Loading company…

Register checks

10 of 14 clear
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%

Invoice this company

Add it as a client and the name, registration number, VAT number and address fill themselves in. Fakts is free, no card.

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