Mg56 SIA is based in Latvia. The head office is in Jurmala. The company operates in the New Car Dealers sector. It was established on November 21, 2005. It currently has a total number of 3 (2023) employees. There was a net sales revenue increase of 63.91% reported in Mg56 SIA’s latest financial highlights for 2024. Its total assets grew by 33.83% over the same period. In 2024, Mg56 SIA’s net profit margin increased by 2.86%.

Headquarters
Ventas iela 1
Jurmala; Jurmala; Postal Code: 2015

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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:

November 21, 2005

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

63.91%▲

Total Operating Revenue

64.55%▲

Operating Profit

173.9%▲

EBITDA

173.9%▲

Net Profit/Loss for the Period

287.81%▲

Total Assets

33.83%▲

Total Equity

54.38%▲

Operating Profit Margin

2.11%▲

Net Profit Margin

2.86%▲

Return on Equity (ROE)

21.2%▲

Quick Ratio

-0.36%▼

Cash Ratio

-0.15%▼

Mg56 SIA (Latvia)