Modivo Latvia SIA
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Legal status
Company ID
CopyVAT code
CopyIncorporation date
Paid share capital
Registered share capital
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Website
-Latest events
from (18/11/2021)
2025-07-25
Change of legal name2025-07-25
Unidentified type of change2025-04-24
Change in officers2023-08-04
Unidentified type of changeSuspensions
No suspension
Register and unlock the potential of dataReliability
Register and check the change of employees’ number over the years
Number of employees
102Debts
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 €
+6.85 %Business linkages
7Linkages with other companies
Financial ratios
Net Profit (€)
251,275
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 (€)
251,275EBITDA 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 |
|---|
| 6,836,805 |
| 81,391 |
| 171,669 |
| 155,794 |
| 1,855 |
| 53.84 |
| 2.28 |
| 242,245 |
| 4,046,188 |
| 1,501,066 |
| 2,787,367 |
| 2024 |
|---|
| 9,411,998 |
| 89,638 |
| 240,033 |
| 235,299 |
| 2,241 |
| 44.69 |
| 2.50 |
| 477,544 |
| 4,777,961 |
| 2,480,998 |
| 2,774,507 |
| 2025 |
|---|
| 10,057,013 |
| 98,598 |
| 253,701 |
| 251,275 |
| 2,463 |
| 45.36 |
| 2.50 |
| 725,475 |
| 4,645,145 |
| 2,987,691 |
| 2,382,929 |
Enjoy unlimited use
with Freemium unlimited| 2025 |
|---|
| 10,057,013 |
| 98,598 |
| 253,701 |
| 251,275 |
| 2,463 |
| 45.36 |
| 2.50 |
| 725,475 |
| 4,645,145 |
| 2,987,691 |
| 2,382,929 |
Enjoy unlimited use
with Freemium unlimited2025
Turnover (€)
10,057,013 €
7 % *
Sales per employee (€)
98,598 €10 % *
Profit before tax (€)
253,701 €6 % *
Net Profit (€)
251,275 €7 % *
Profit per employee (€)
2,463 €10 % *
Total profitability (%)
45.36 %1.50 % *
Net profitability (%)
2.50 %
0.00 % *
Equity (€)
725,475 €52 % *
Amounts Payable And Liabilities (€)
4,645,145 €
-3 % *
Non-current Assets (€)
2,987,691 €
20 % *
Current Assets (€)
2,382,929 €-14 % *
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
(0)
Modivo Latvia SIA has no court cases
Modivo Latvia SIA has no registered court cases as defendant or plaintiff within the last 2 years.
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: 539,220 |
| Total amount of taxes administered by the SRS and paid by taxpayers within the tax year 2021 | No data provided by the national tax authority |
| Total amount of taxes administered by the SRS and paid by taxpayers within the tax year 2020 | No data provided by the national tax authority |
| Total amount of taxes administered by the SRS and paid by taxpayers within the tax year 2019 | No data provided by the national tax authority |
| Total amount of taxes administered by the SRS and paid by taxpayers within the tax year 2018
| No data provided by the national tax authority |
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87Description
CopyAbout Modivo Latvia SIA
Modivo Latvia SIA is a registered company in Latvia. It was incorporated on 05/05/2022 and is registered under company number 40203397809. Its registered office is located at Ieriķu iela 3, Rīga, LV-1084. The company's registered activity is Retail sale of footwear and leather goods (47.72 - NACE 2.1).Frequently Asked Questions
What is the current status of Modivo Latvia SIA?
Modivo Latvia SIA is currently Registered. It was registered on 05/05/2022.
What is Modivo Latvia SIA registered address?
Modivo Latvia SIA registered address is Ieriķu iela 3, Rīga, LV-1084.
What is Modivo Latvia SIA activity?
Modivo Latvia SIA operates in Retail sale of footwear and leather goods (47.72 - NACE 2.1).
How many employees does Modivo Latvia SIA have?
Modivo Latvia SIA has 102 employees (2025).
Is Modivo Latvia SIA a reliable company?
Modivo Latvia 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 Modivo Latvia SIA?
Modivo Latvia SIA reported a turnover of 10,057,013 EUR in 2025.
Does Modivo Latvia SIA have any current state debt?
Modivo Latvia SIA currently has no outstanding state debt.