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Firma Madara 89 SIA (Latvia)

Main Activities: Grocery Stores
Full name: Firma Madara 89 SIA Profile Updated: December 24, 2025
Buy our report for this company USD 29.95 Most recent financial data: 2024 Available in: English & Russian Download a sample report

Firma Madara 89 SIA 89 is a Latvian retail company. It is one of the largest food and non-food wholesale and retail companies in Latvia, offering a wide range of products with favorable cooperation conditions throughout the country. The company is the largest domestic retail company in Latvia and supports an active lifestyle and sports events.

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
Financial values in the chart are available after Firma Madara 89 SIA report is purchased.
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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 (EBIT)
-16.03%
EBITDA
-16.03%
Net Profit (Loss) for the Period
-12.5%
Total Assets
16.43%
Total Equity
18.32%
Operating Profit Margin (ROS)
-1.35%
Net Profit Margin
-1.21%
Return on Equity (ROE)
-7.05%
Quick Ratio
-0.32%
Cash Ratio
0.17%

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