Akciju sabiedrība "VEF"Active

40003001328Joint-stock companyFounded 1991

Key figures

1 262 958 €+2,5%
Revenue 2025
+2,8%
Average annual growth 2011–2025
0500 k1 m1,5 m’11’12’13’14’15’16’17’18’19’20’21’22’23’24’25

Ratios

2025
Balance sheet structure
Current assetsNon-current assetsLiabilitiesEquity
02,5 m5 m7,5 m’11’12’13’14’15’16’17’18’19’20’21’22’23’24’25
Summary of financial statements2011–2025
201120122013201420152016201720182019202020212022202320242025
Balance sheet — assets
Total current assets86 78880 38774 313189 907181 785267 914298 667418 198461 184402 426227 391356 058324 058287 754205 459
Total non-current assets4 133 8414 073 1574 041 1445 627 5045 562 7305 501 6785 558 1375 634 8855 655 9315 610 0085 620 0145 955 8156 027 8465 987 6076 061 919
Total assets4 220 6294 153 5444 115 4575 817 4115 744 5155 769 5925 856 8046 053 0836 117 1156 012 4345 847 4056 311 8736 351 9046 275 3616 267 378
Balance sheet — liabilities and equity
Current liabilities204 139191 844117 631246 360256 994295 991279 093287 469400 913402 009389 8622 737 7452 674 3932 507 312451 652
Non-current liabilities2 293 3092 212 1752 248 6193 094 4782 971 5122 603 5022 463 1592 422 5642 259 0412 148 4971 995 048113 09340 23240 2321 937 027
Total liabilities2 497 4482 404 0192 366 2503 340 8383 228 5062 899 4932 742 2522 710 0332 659 9542 550 5062 384 9102 850 8382 714 6252 547 5442 388 679
Share capital———————————————
Retained earnings of previous periods———————————————
Profit for the year66 94625 3361030-12 14334 947304 985252 572236 683122 29612 95387536725213 24198 097158 442
Total equity1 713 9961 739 3321 740 3622 464 1722 502 9532 870 0993 114 5523 343 0503 457 1613 461 9283 462 4953 461 0353 637 2793 727 8173 878 699
Income statement
Sales revenue855 020866 415793 7421 160 4511 135 2451 297 7121 299 5501 254 4761 190 9631 095 956980 8221 049 7321 221 6931 231 5871 262 958
Operating profit92 124181 811166 385203 559215 200425 302363 837347 683251 827148 906143 154150 568388 821278 437330 829
Profit before income tax-43 62857 51653 48353 10790 954304 985258 354236 683122 29612 95387536725213 24198 097158 442
Profit for the reporting year66 94625 3361030-12 14334 947304 985252 572236 683122 29612 95387536725213 24198 097158 442
Labour costs———————————————
Depreciation of non-current assets———————————————
Other indicators
Employees202422181717171517151512111110
Calculated dividend000000000000000

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100%Akciju sabiedrība "VE…6Feņuks Gints1Cauna MārtiņšKampāne TamāraSIA "VEF Projekts"
CompanyPersonShareholderOther roleAdditional link

Related companies

Companies in which this company is a member
Shared members or board members
Same registered address

Summary: Akciju sabiedrība "VEF"

Overview

Akciju sabiedrība "VEF" (reg. no. 40003001328) is a joint-stock company. The company was registered in 1991 and has been in the register for 35 years. Registered address: Rīga, Brīvības gatve 214.

Financial results

Revenue in 2025 was 1 262 958 €, up 2,5% on the previous year (1 231 587 €). From 2011 to 2025, revenue grew by an average of 2,8% per year. Net profit for 2025 was 158 442 € (12,5% of revenue). The company was profitable in 14 of the 15 published years. In 2025 the company had 10 employees (11 a year earlier). Revenue per employee was 126 296 €. At the end of 2025, total assets were 6 267 378 € and equity 3 878 699 € (61,9% of assets).

Management and owners

The board has 3 members. The company holds a stake in one other active Latvian company.

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.