Mg3 SIA is a company based in Latvia, with its head office in Cesu municipality. The company operates in the Logging industry. The company was established on February 17, 2016. It currently has a total number of 15 (2023) employees. From the latest financial highlights, Mg3 SIA reported a net sales revenue increase of 54.5% in 2024. Its’ total assets recorded a growth of 22.16%. Mg3 SIA’s net profit margin increased by 5.33% in 2024.

Headquarters
Ligatnes pag., Augsligatne, Ilzites
Cesu municipality; Cesu municipality; Postal Code: 4108

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Basic Information

Total Employees:

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Registered Capital:

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Financial Auditors:

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Incorporation Date:

February 17, 2016

Key Executives

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Member of Management Board

Ownership Details

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100%

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

54.5%▲

Total operating revenue

54.21%▲

Operating profit (EBIT)

227.72%▲

EBITDA

227.72%▲

Net Profit (Loss) for the Period

368.73%▲

Total Assets

22.16%▲

Total Equity

30.2%▲

Operating Profit Margin (ROS)

5.23%▲

Net Profit Margin

5.33%▲

Return on Equity (ROE)

16.76%▲

Quick Ratio

0.29%▲

Cash Ratio

0.03%▲

Mg3 SIA (Latvia)