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M.G.S. It SIA (Latvia)

Main Activities: Utility System Construction
Full name: M.G.S. It 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

M.G.S. It SIA is a company based in Latvia, with its head office in Riga. The company operates in the Utility System Construction industry. It was first established on April 08, 1993. M.G.S. It SIA currently employs 30 (2023) people. In its most recent financial highlights, the company reported a net sales revenue drop of 12.67% in 2024. Its total assets decreased by 17.43% over the same period. The net profit margin of M.G.S. It SIA increased by 2.82% in 2024.

Headquarters
Braslas iela 22D
Riga; Riga; Postal Code: 1035

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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:
April 08, 1993
Key Executives
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Member of Management Board
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Member of Management Board
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Member of Management Board
Ownership Details
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33.38%
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33.31%
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33.31%
Company Performance
Financial values in the chart are available after M.G.S. It 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
-12.67%
Total operating revenue
-10.43%
Operating profit (EBIT)
96.66%
EBITDA
96.66%
Net Profit (Loss) for the Period
63.25%
Total Assets
-17.43%
Total Equity
1.05%
Operating Profit Margin (ROS)
4.19%
Net Profit Margin
2.82%
Return on Equity (ROE)
14.58%
Quick Ratio
0.41%
Cash Ratio
0.36%

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