Latvia MGI Tech SIA
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-Latest events
from (18/11/2021)
2025-10-30
Change in officers2025-06-20
Change in officers2025-06-20
Unidentified type of change2025-06-16
Change in officersSuspensions
No suspension
Register and unlock the potential of dataReliability
Register and check the change of employees’ number over the years
Number of employees
37Debts
0.00 €
0 €* during past year
Register and check if company had lawsuits over the years
Lawsuits as defendant
0
Credit limit
***** €
Turnover
10-20 M €
+53.52 %Business linkages
9Linkages with other companies
Financial ratios
Net Profit (€)
1,442,888
EBITDA stands for Earnings Before Interest, Taxes, Depreciation, and Amortization and is a metric used to evaluate a company’s operating performance. It can be seen as a proxy for cash flow from the entire company’s operations.EBITDA margin (%)
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with Freemium unlimitedNet Profit (€)
1,442,888EBITDA margin (%)
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| Indicator |
|---|
| Turnover (€) |
| Sales per employee (€)Sales per employee is a popular efficiency indicator that is often used to measure a company's performance. The average annual number of employees is usually used to calculate the indicator. |
| Profit before tax (€) |
| Net Profit (€) |
| Profit per employee (€)This ratio is on of company's growth indicators. It shows how much profit per employee is earned by the company. |
| Total profitability (%)It is an indicator of company's performance efficiency, calculated as ratio of gross profit to sales revenue. |
| Net profitability (%)This ratio is commonly referred to as a company’s “bottom line” and is a true indicator of a company’s profitability. It shows how much a net profit of € 1 (or other monetary unit) is generated by sales. |
| Equity (€) |
| Amounts Payable And Liabilities (€) |
| Non-current Assets (€) |
| Current Assets (€) |
| Working capital requirement (%)The working capital requirement indicator shows how much funds a company needs to develop and maintain a business. |
| Debt-to-equity ratioThe debt-to-equity ratio is used to evaluate a company's financial leverage and is calculated by dividing a company’s total liabilities by its shareholder equity.
This ratio is a measure of the degree to which a company is financing its operations through debt versus wholly owned funds. More specifically, it reflects the ability of shareholder equity to cover all outstanding debts in the event of a business downturn. |
| EBITDA margin (%)EBITDA stands for Earnings Before Interest, Taxes, Depreciation, and Amortization and is a metric used to evaluate a company’s operating performance. It can be seen as a proxy for cash flow from the entire company’s operations. |
| EBITDA (€)EBITDA stands for Earnings Before Interest, Taxes, Depreciation, and Amortization. Lenders use EBITDA to calculate a company’s ability to repay a loan and pay interest. |
| EBIT margin (%)EBIT margin shows the profitability of a company over a certain period of time. |
| EBIT (€)EBIT (earnings before interest and taxes) is a company's net income before income tax expense and interest expenses are deducted. EBIT is used to analyze the performance of a company's core operations without the costs of the capital structure and tax expenses impacting profit. |
| 2023 |
|---|
| 21,521,113 |
| 364,765 |
| -5,433,376 |
| -5,527,690 |
| -93,690 |
| 22.18 |
| -25.68 |
| -12,062,331 |
| 61,774,029 |
| 11,218,820 |
| 38,492,878 |
| 2024 |
|---|
| 12,703,642 |
| 226,851 |
| -887,886 |
| -928,392 |
| -16,578 |
| 16.78 |
| -7.31 |
| -12,994,964 |
| 59,573,533 |
| 6,387,178 |
| 40,191,391 |
| 2025 |
|---|
| 19,502,780 |
| 527,102 |
| 1,466,475 |
| 1,442,888 |
| 38,997 |
| 24.65 |
| 7.40 |
| -11,552,076 |
| 71,981,169 |
| 5,369,720 |
| 55,059,373 |
Enjoy unlimited use
with Freemium unlimited| 2025 |
|---|
| 19,502,780 |
| 527,102 |
| 1,466,475 |
| 1,442,888 |
| 38,997 |
| 24.65 |
| 7.40 |
| -11,552,076 |
| 71,981,169 |
| 5,369,720 |
| 55,059,373 |
Enjoy unlimited use
with Freemium unlimited2025
Turnover (€)
19,502,780 €
54 % *
Sales per employee (€)
527,102 €132 % *
Profit before tax (€)
1,466,475 €265 % *
Net Profit (€)
1,442,888 €255 % *
Profit per employee (€)
38,997 €335 % *
Total profitability (%)
24.65 %46.90 % *
Net profitability (%)
7.40 %201.23 % *
Equity (€)
-11,552,076 €11 % *
Amounts Payable And Liabilities (€)
71,981,169 €
21 % *
Non-current Assets (€)
5,369,720 €
-16 % *
Current Assets (€)
55,059,373 €37 % *
Credit history
No. of unpaid debts
0
Largest debt
VID
Amount of unpaid debts
€0.00
Oldest open debt
-
No. of unpaid debts
0
Largest debt
VID
Amount of unpaid debts
€0.00
Oldest open debt
-
Credit report
Creditor/Data source  | Debt amount | Debt date | Debt type |
|---|---|---|---|
- | - | - | - |
Creditor/Data source | Debt amount | Debt date | Payment date | Debt type |
|---|---|---|---|---|
- | - | - | - | - |
Legal proceedings
Defendant
(0)
Plaintiff
(1)
Case No./date | Process parties | Case/Court ruling | Court | No. of court hearings | More |
|---|---|---|---|---|---|
| - | - | - | - | - | - |
Case No./date | Process parties | Case/Court ruling | Court | No. of court hearings | More |
|---|---|---|---|---|---|
16/07/2025A420152425AA43-0941-25 | Submitter:Latvia MGI Tech SIA Respondent:Pilsonības un migrācijas lietu pārvalde | Reason: Blakus sūdzība par Administratīvās rajona tiesas 28.05.2025.lēmumu Decision: Open | Administratīvā apgabaltiesa | 1 |  |
Public data
Data source | Information | Additional data |
|---|---|---|
 | Total amount of taxes administered by the SRS and paid by taxpayers within the tax year 2022 | Total amount: -1,919,580 |
| Total amount of taxes administered by the SRS and paid by taxpayers within the tax year 2021 | Total amount: 3,144,930 |
| Total amount of taxes administered by the SRS and paid by taxpayers within the tax year 2020 | Total amount: -396,210 |
| Total amount of taxes administered by the SRS and paid by taxpayers within the tax year 2019 | Total amount: -162,350 |
| Total amount of taxes administered by the SRS and paid by taxpayers within the tax year 2018
| Total amount: 27,870 |
Similar companies
Company's name | Activity | Legal status | Incorporation date | Turnover | No. of employees |
|---|---|---|---|---|---|
Sabiedrība ar ierobežotu atbildību "TEHNISKĀ ORTOPĒDIJA" Krišjāņa Barona iela 122A – 39, Rīga, LV-1012, 40003517130 | Manufacture of medical and dental instruments and supplies | Registered | 07/11/2000 | Not specified | 28 +2 |
Category:
Manufacture of medical and dental instruments and suppliesComp. code:
40003517130Reg. date:
07/11/2000Turnover:
-No. of employees:
28Frequently Asked Questions
What is the current status of Latvia MGI Tech SIA?
Latvia MGI Tech SIA is currently Registered. It was registered on 14/07/2017.
What is Latvia MGI Tech SIA registered address?
Latvia MGI Tech SIA registered address is "Lidostas parks", Mārupes pag., Mārupes nov., LV-2167.
What is Latvia MGI Tech SIA activity?
Latvia MGI Tech SIA operates in Manufacture of medical and dental instruments and supplies (32.50 - NACE 2.1).
How many employees does Latvia MGI Tech SIA have?
Latvia MGI Tech SIA has 37 employees (2025).
Is Latvia MGI Tech SIA a reliable company?
Latvia MGI Tech SIA Pre-Score* rating is B, which indicates a high level of reliability.
* The credit score is calculated based on financial data, payment history, and other risk indicators.What is the annual turnover of Latvia MGI Tech SIA?
Latvia MGI Tech SIA reported a turnover of 19,502,780 EUR in 2025.
Does Latvia MGI Tech SIA have any current state debt?
Latvia MGI Tech SIA currently has no outstanding state debt.