Company register

SIA "MG PALETES"

SIA "MG PALETES": registration number 45403013563. It is a registered VAT payer, VAT number LV45403013563, registered for VAT since 11/10/2004. Legal address: Madonas nov., Madona, Daugavas iela 22A, LV-4801. Registered with the Enterprise Register on 07/07/2004. Enterprise Register and State Revenue Service open data from data.gov.lv, as of 25/09/2026.

Company details

Enterprise Register record
Name
SIA "MG PALETES"
Reg. no.
45403013563
VAT no.
LV45403013563
Legal address
Madonas nov., Madona, Daugavas iela 22A, LV-4801
Legal form
Sabiedrība ar ierobežotu atbildību
Registered
07/07/2004 22 years ago
Activity
1624 • Koka taras ražošana
8 more register fields
SEPA identifier
LV22ZZZ45403013563
Share capital
9100.00 EUR
VAT registered since
11/10/2004
Term
Indefinite
Former name
SIA "LMMZS"
Country
Latvija
Foreign reg. no.
–
Data updated
25/09/2026
This activity falls under the domestic reverse charge

If the transaction is timber or construction work, the recipient pays the VAT rather than the issuer, and the invoice must not carry 21%. It depends on the transaction rather than the company, so check it per invoice.

Turnover and profit

Annual reports

Turnover

2025: 1,145.9 k €

Profit

2025: 17.2 k €

Turnover and profit
YearTurnoverProfit
20251,145,896.0017,184.00
20241,005,276.0010,407.00
2023897,364.0022,003.00
20221,199,052.00113,058.00
2021877,670.00101,181.00
2020364,693.0099.00
2019415,475.004,940.00
2018398,631.005,476.00
2017339,538.006,601.00
2016264,143.006,156.00
2015221,838.00-3,706.00
2014292,031.00-7,983.00
2013180,937.00-2,209.00

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 -18.7k €
VID paid back more than it received nothing to compare with
Payroll taxes 52.7k €
Social contributions 32.1 + PIT 20.6 down 18.1% vs 2023
Other taxes -71.4k €
refunds larger than payments nothing to compare with
All periods (6)
Taxes paid, k €
YearSocial contributionsPITOther taxesTaxes total, k €
202432.120.6-71.4-18.7
202340.423.9-75.0-10.7
202235.521.2-63.1-6.3
202125.915.036.177.0
202021.911.163.296.1
201921.910.669.1101.5

Equity against assets

Assets

2025: 358.7 k €

Equity

2025: 171.9 k €

Equity against assets
YearAssetsEquity
2025358,678.00171,901.00
2024227,539.00154,717.00
2023209,428.00144,310.00
2022183,437.00122,307.00
2021119,903.0069,178.00
202044,071.00-32,003.00
201965,906.00-32,102.00
201858,754.00-37,042.00
201759,519.00-42,517.00
201658,102.00-49,118.00
201538,024.00-55,274.00
201447,686.00-51,568.00
201322,945.00-30,631.00

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

Employees

Annual average

2025: 7

Employees
YearEmployees
20257
20248
20236
20226
20216
20208
20198
20188
20178
20167
20157
201411
201311

Officers and owners

Loading company…

Register checks

14 of 14 clear
Register status
Active
Insolvency proceedings
No
Liquidation
No
Reorganisation
No
Economic activity at VID
No
Sanctions lists
No
Ban on business activity
No
Securing measures
No
VAT payer
Yes
VID tax rating A is the highest of five
A
Employees paid below minimum wage
No
VAT group
Not a member
Annual report
Filed for 2025
Turnover trend From the last two filed reports
Up 14%

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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