COMPANIES / Sabiedrība ar ierobežotu atbildību / 40103736873 · REGISTERED 02/12/2013
40103736873
Rīga, Spāres iela 18 k-1
Sabiedrība ar ierobežotu atbildību "MAD Format" is a Latvian limited liability company registered in 2013. Its primary line of business is activities of advertising agencies (NACE 73.11). In 2024 the company reported €656K in revenue and employed approximately 11–25 people, placing it in the small-enterprise tier. Revenue declined 39% year-over-year, indicating a contracting operation.
REG. NO. 40103736873 · Sabiedrība ar ierobežotu atbildību · REGISTERED 02/12/2013
Rīga, Spāres iela 18 k-1
Sabiedrība ar ierobežotu atbildību "MAD Format" is a Latvian limited liability company registered in 2013. Its primary line of business is activities of advertising agencies (NACE 73.11). In 2024 the company reported €656K in revenue and employed approximately 11–25 people, placing it in the small-enterprise tier. Revenue declined 39% year-over-year, indicating a contracting operation.
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| 2024 | |
|---|---|
| Revenue | €655,796 |
| By Function | |
| Cost of Goods Sold | €146,240 |
| Gross Profit | €509,556 |
| Selling Expenses | €291,423 |
| Administrative Expenses | €296,242 |
| Other Operating Revenues | €1,944 |
| Other Operating Expenses | €1,355 |
| Equity Investment Earnings | €0 |
| Other LT Investment Earnings | €0 |
| Other Interest Revenues | €0 |
| Fair Value Adjustments | €0 |
| Interest Expenses | €17,385 |
| Income Before Tax | -€94,905 |
| Provision for Income Taxes | €14,554 |
| Income After Tax | -€109,459 |
| Extraordinary Dividends | €0 |
| Net Income | -€109,459 |
| 2024 | |
|---|---|
| Assets | |
| Non-Current Assets | |
| Intangible Assets | €144 |
| Fixed Assets | €787,829 |
| Investments | €0 |
| Non-Current Assets | €787,973 |
| Current Assets | |
| Inventories | €76,114 |
| Accounts Receivable | €44,234 |
| Marketable Securities | €0 |
| Cash | €8,308 |
| Total Current Assets | €128,656 |
| Total Assets | €916,629 |
| Liabilities & Equity | |
| Equity | €580,412 |
| Provisions | €11,543 |
| Non-Current Liabilities | €189,689 |
| Current Liabilities | €134,985 |
| Total Liabilities & Equity | €916,629 |