SIA "ERVITEX"Active
Key figures
Ratios
2025Balance sheet structure
Dividends
calculatedPaid out in dividends approximately 200 000 € (23% of equity at the end of the previous year).
Low confidence: the company does not file a cash flow statement, so the amount is an estimate from changes in equity — it may also include other reductions of equity (e.g. a share capital reduction).
Summary of financial statements2010–2025
| 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Balance sheet — assets | ||||||||||||||||
| Total current assets | 92 901 | 142 852 | 255 201 | 282 407 | 499 679 | 848 750 | 827 974 | 778 386 | 694 436 | 736 699 | 727 201 | 1 005 939 | 1 072 362 | 1 048 891 | 1 128 665 | 1 241 499 |
| Total non-current assets | 38 207 | 38 977 | 50 622 | 34 734 | 50 811 | 132 121 | 134 214 | 39 142 | 97 959 | 104 664 | 97 810 | 121 490 | 137 019 | 116 921 | 95 238 | 95 670 |
| Total assets | 131 108 | 181 829 | 305 823 | 317 141 | 550 490 | 980 871 | 962 188 | 817 528 | 792 395 | 841 363 | 825 011 | 1 127 429 | 1 209 381 | 1 165 812 | 1 223 903 | 1 337 169 |
| Balance sheet — liabilities and equity | ||||||||||||||||
| Current liabilities | 70 009 | 96 530 | 80 416 | 115 704 | 200 298 | 542 860 | 492 552 | 248 038 | 237 391 | 283 478 | 219 078 | 278 497 | 349 352 | 340 803 | 349 585 | 386 366 |
| Non-current liabilities | 0 | 472 | 0 | 0 | 0 | 13 445 | 7337 | 1062 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total liabilities | 70 009 | 97 002 | 80 416 | 115 704 | 200 298 | 556 305 | 499 889 | 249 100 | 237 391 | 283 478 | 219 078 | 278 497 | 349 352 | 340 803 | 349 585 | 386 366 |
| Share capital | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Retained earnings of previous periods | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Profit for the year | 9460 | 21 754 | 39 259 | 12 045 | 62 055 | 60 873 | 73 669 | 106 129 | 168 478 | 136 197 | 48 048 | 242 999 | 211 097 | 174 182 | 249 309 | 276 485 |
| Total equity | 61 099 | 82 853 | 213 950 | 186 736 | 327 757 | 388 630 | 462 299 | 568 428 | 555 004 | 557 885 | 605 933 | 848 932 | 860 029 | 825 009 | 874 318 | 950 803 |
| Income statement | ||||||||||||||||
| Sales revenue | 230 038 | 322 119 | 735 675 | 987 269 | 1 444 774 | 2 318 984 | 2 616 877 | 2 406 269 | 1 968 904 | 2 125 066 | 1 795 040 | 1 733 753 | 2 417 451 | 2 667 828 | 2 762 698 | 2 956 208 |
| Operating profit | 11 273 | 29 278 | 45 522 | 17 462 | 74 314 | 76 074 | 83 265 | 132 558 | 167 427 | 134 168 | 48 048 | 244 393 | 214 299 | 217 885 | 297 595 | 322 018 |
| Profit before income tax | 9313 | 27 315 | 45 333 | 16 784 | 73 908 | 74 233 | 83 046 | 132 277 | 168 785 | 136 197 | 48 048 | 244 393 | 214 299 | 217 885 | 299 593 | 327 071 |
| Profit for the reporting year | 9460 | 21 754 | 39 259 | 12 045 | 62 055 | 60 873 | 73 669 | 106 129 | 168 478 | 136 197 | 48 048 | 242 999 | 211 097 | 174 182 | 249 309 | 276 485 |
| Labour costs | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Depreciation of non-current assets | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Other indicators | ||||||||||||||||
| Employees | 5 | 5 | 33 | 41 | 41 | 58 | 66 | 60 | 52 | 52 | 45 | 43 | 43 | 43 | 44 | 44 |
| Calculated dividend | 0 | 0 | 0 | 39 259 | 0 | 0 | 0 | 0 | 181 902 | 133 316 | 0 | 0 | 200 000 | 209 202 | 200 000 | 200 000 |
A dash (—) means the report has not been filed or the line is not reported; 0 is a zero stated in the report.
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Summary: SIA "ERVITEX"
Overview
SIA "ERVITEX" (reg. no. 40002074377) is a limited liability company. The company was registered in 1998 and has been in the register for 28 years. Registered address: Rīga, Braslas iela 29 - 2.
Financial results
Revenue in 2025 was 2 956 208 €, up 7,0% on the previous year (2 762 698 €). From 2010 to 2025, revenue grew by an average of 18,6% per year. This is the company's highest revenue among the published years (2010–2025). Net profit for 2025 was 276 485 € (9,4% of revenue). The company was profitable in all 16 published years. In 2025 the company had 44 employees. Revenue per employee was 67 187 €. At the end of 2025, total assets were 1 337 169 € and equity 950 803 € (71,1% of assets).
Management and owners
The board has 2 members. According to the register, the company has 2 owners. The largest stake (70%) is held by Aktsiaselts Fifaa.
Data sources and freshness
Register data (name, address, legal form, board and owners) and annual report figures come from the open data of the Register of Enterprises of the Republic of Latvia (CC0); entity.lv updates them daily. Data as of 03.11.2026. Changes, averages and ratios are calculated by entity.lv from open data and are not an official assessment.