Akciju sabiedrība "LATVO"Active
Key figures
Ratios
2025Balance sheet structure
Dividends
calculatedNo dividends were paid.
Summary of financial statements2012–2025
| 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Balance sheet — assets | ||||||||||||||
| Total current assets | 288 390 | 220 322 | 526 644 | 677 652 | 160 141 | 362 146 | 6 815 850 | 6 869 071 | 6 681 547 | 6 714 013 | 23 421 | 118 626 | 25 504 | 9503 |
| Total non-current assets | 5 064 888 | 4 761 768 | 7 324 662 | 7 569 864 | 7 804 332 | 6 850 702 | 11 018 | 29 786 | 24 602 | 13 263 | 7473 | 3259 | 3 | 0 |
| Total assets | 5 353 278 | 4 982 090 | 7 851 306 | 8 247 516 | 7 964 473 | 7 212 848 | 6 826 868 | 6 898 857 | 6 706 149 | 6 727 276 | 30 894 | 121 885 | 25 507 | 9503 |
| Balance sheet — liabilities and equity | ||||||||||||||
| Current liabilities | 360 982 | 160 275 | 0 | 717 689 | 223 996 | 413 505 | 289 935 | 412 744 | 171 156 | 219 723 | 210 055 | 353 482 | 299 256 | 357 843 |
| Non-current liabilities | 0 | 0 | 381 023 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total liabilities | 360 982 | 160 275 | 381 023 | 717 689 | 223 996 | 413 505 | 289 935 | 412 744 | 171 156 | 219 723 | 210 055 | 353 482 | 299 256 | 357 843 |
| Share capital | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Retained earnings of previous periods | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Profit for the year | -1 142 865 | -170 261 | 610 266 | 691 963 | 208 883 | -942 694 | -259 288 | -49 332 | 50 881 | -26 819 | -6 686 298 | -52 212 | -42 152 | -74 594 |
| Total equity | 4 985 242 | 4 814 981 | 7 461 367 | 7 525 282 | 7 734 165 | 6 791 471 | 6 532 183 | 6 482 851 | 6 533 732 | 6 506 913 | -179 385 | -231 597 | -273 749 | -348 340 |
| Income statement | ||||||||||||||
| Sales revenue | 1 705 208 | 1 805 125 | 2 229 075 | 1 198 360 | 1 590 475 | 1 970 184 | 1 187 450 | 877 872 | 435 515 | 160 035 | 55 986 | 181 621 | 70 183 | 99 |
| Operating profit | -1 219 258 | -170 354 | 610 830 | 793 250 | 210 303 | -942 694 | -296 766 | -49 332 | 50 881 | -125 633 | -6 686 298 | -52 212 | -38 253 | -74 594 |
| Profit before income tax | -1 141 985 | -170 353 | 610 830 | 793 250 | 250 783 | -942 694 | -259 288 | -49 332 | 50 881 | -26 819 | -6 686 298 | -52 212 | -42 152 | -74 594 |
| Profit for the reporting year | -1 142 865 | -170 261 | 610 266 | 691 963 | 208 883 | -942 694 | -259 288 | -49 332 | 50 881 | -26 819 | -6 686 298 | -52 212 | -42 152 | -74 594 |
| Labour costs | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Depreciation of non-current assets | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Other indicators | ||||||||||||||
| Employees | 13 | 13 | 9 | 9 | 6 | 6 | 6 | 9 | 11 | 10 | 8 | 6 | 6 | 6 |
| Calculated dividend | 0 | 0 | 0 | 83 000 | 536 905 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
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: Akciju sabiedrība "LATVO"
Overview
Akciju sabiedrība "LATVO" (reg. no. 40003184975) is a joint-stock company. The company was registered in 1994 and has been in the register for 32 years. Registered address: Rīga, Ganību dambis 53.
Financial results
Revenue in 2025 was 99 €, down 99,9% on the previous year (70 183 €). From 2012 to 2025, revenue declined by an average of 52,8% per year. This is the company's lowest revenue among the published years (2012–2025). 2025 ended with a loss of 74 594 €. The company was profitable in 4 of the 14 published years. In 2025 the company had 6 employees. Revenue per employee was 17 €.
Management and owners
The company has one board member.
Points to note
Equity was negative at the end of 2025 (-348 340 €).
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.