Garāžu celtniecības un ekspluatācijas kooperatīvā sabiedrība "Kvēle"Active

40003179940Cooperative societyFounded 1994

Key figures

71 949 €+0,1%
Revenue 2025
+8,1%
Average annual growth 2010–2025
020 k40 k60 k80 k’10’11’12’13’14’15’16’17’18’19’20’21’22’23’24’25

Ratios

2025
Balance sheet structure
Current assetsNon-current assetsLiabilitiesEquity
050 k100 k150 k’10’11’12’13’14’15’16’17’18’19’20’21’22’23’24’25
Summary of financial statements2010–2025
2010201120122013201420152016201720182019202020212022202320242025
Balance sheet — assets
Total current assets52107036467646647488548312 89870871523974798392 21591 95690 77978054843
Total non-current assets50704676431639565629562956845684568490348611792472806660104 413104 365
Total assets10 28011 7128992862013 11711 11218 58212 771720710 00816 594100 13999 23697 439112 218109 208
Balance sheet — liabilities and equity
Current liabilities2624408114221363368470154832389974099867873499 757105 080111 171118 717118 875
Non-current liabilities0000000000000000
Total liabilities2624408114221363368470154832389974099867873499 757105 080111 171118 717118 875
Share capital————————————————
Retained earnings of previous periods————————————————
Profit for the year-181-25-61-313-894-53369653-4878-90743437719-7478-6226-78887322-3168
Total equity76567631757072579433409713 7508872-2021417860382-5844-13 732-6499-9667
Income statement
Sales revenue22 49022 95026 95327 48942 23341 05761 19244 33347 29558 97668 80657 92263 00171 79671 86171 949
Operating profit-181-25-61-313-894-53369653-4878-90743437719-7478-6226-78887322-3168
Profit before income tax-181-25-61-313-894-53369653-4878-90743437719-7478-6226-78887322-3168
Profit for the reporting year-181-25-61-313-894-53369653-4878-90743437719-7478-6226-78887322-3168
Labour costs————————————————
Depreciation of non-current assets————————————————
Other indicators
Employees5566777777877888
Calculated dividend—000000000000000

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Garāžu celtniecības u…Rečs Aigars1Karks IvoLanka JānisMūrnieks MārtiņšPētersons Egīls
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Shared members or board members

Summary: Garāžu celtniecības un ekspluatācijas kooperatīvā sabiedrība "Kvēle"

Overview

Garāžu celtniecības un ekspluatācijas kooperatīvā sabiedrība "Kvēle" (reg. no. 40003179940) is a cooperative society. The company was registered in 1994 and has been in the register for 32 years. Registered address: Rīga, Mārkalnes iela 18.

Financial results

Revenue in 2025 was 71 949 €, on a par with the previous year. From 2010 to 2025, revenue grew by an average of 8,1% per year. This is the company's highest revenue among the published years (2010–2025). 2025 ended with a loss of 3168 €. The company was profitable in 4 of the 16 published years. In 2025 the company had 8 employees. Revenue per employee was 8994 €.

Management and owners

The board has 5 members.

Points to note

Equity was negative at the end of 2025 (-9667 €).

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.