Firma Madara 89 SIA is based in Latvia. The head office is in Smiltene. The enterprise operates in the Grocery Stores industry. The enterprise was incorporated on February 16, 1993. There are currently 1,767 (2023) people employed by Firma Madara 89 SIA. The company’s latest financial report indicates a net sales revenue increase of 4.34% in 2024. Its total assets grew by 16.43% over the same period. The enterprise’s net profit margin decreased by 1.21% in 2024.

Headquarters
Baznicas laukums 2
Smiltene; Smiltenes municipality; Postal Code: 4729

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Website: http://www.madara89.lv

Basic Information

Total Employees:

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Registered Capital:

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Financial Auditors:

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Incorporation Date:

February 16, 1993

Key Executives

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Chairman of the Supervisory Board

Subsidiaries

Iepirkumu Grupa SIA

56.51%

E.G. Ieguldijumi SIA

20%

Company Performance

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Key Financial Highlights

Annual growth percentages for latest two years in local currency EUR. Absolute financial data is included in the purchased report.

Net sales revenue

4.34%▲

Total Operating Revenue

4.43%▲

Operating Profit

-16.03%▼

EBITDA

-16.03%▼

Net Profit/Loss for the Period

-12.5%▼

Total Assets

16.43%▲

Total Equity

18.32%▲

Operating Profit Margin

-1.35%▼

Net Profit Margin

-1.21%▼

Return on Equity (ROE)

-7.05%▼

Quick Ratio

-0.32%▼

Cash Ratio

0.17%▲

Firma Madara 89 SIA (Latvia)

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