SIA "VSV Celtnieks"Active
Key figures
Ratios
2025Balance sheet structure
Dividends
calculatedPaid out in dividends approximately 100 001 € (19% 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 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Balance sheet — assets | |||||||||||||||
| Total current assets | 265 026 | 400 902 | 672 842 | 933 977 | 781 668 | 552 456 | 538 742 | 495 219 | 548 130 | 547 496 | 757 913 | 455 296 | 413 338 | 399 332 | 428 972 |
| Total non-current assets | 157 754 | 166 825 | 159 122 | 221 240 | 201 853 | 321 384 | 307 380 | 323 856 | 196 870 | 199 331 | 233 917 | 216 188 | 192 281 | 175 506 | 169 393 |
| Total assets | 422 780 | 567 727 | 831 964 | 1 155 217 | 983 521 | 873 840 | 846 122 | 819 075 | 745 000 | 746 827 | 991 830 | 671 484 | 605 619 | 574 838 | 598 365 |
| Balance sheet — liabilities and equity | |||||||||||||||
| Current liabilities | 92 998 | 123 696 | 282 296 | 204 652 | 72 085 | 30 328 | 91 659 | 110 521 | 119 194 | 127 495 | 374 042 | 135 481 | 100 214 | 44 888 | 173 578 |
| Non-current liabilities | 227 408 | 63 561 | 1900 | 1069 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total liabilities | 320 406 | 187 257 | 284 196 | 205 721 | 72 085 | 30 328 | 91 659 | 110 521 | 119 194 | 127 495 | 374 042 | 135 481 | 100 214 | 44 888 | 173 578 |
| Share capital | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Retained earnings of previous periods | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Profit for the year | 374 | 125 110 | 320 658 | 636 894 | 308 200 | 70 163 | 104 656 | 207 041 | 346 985 | 217 706 | 139 765 | 6606 | 77 347 | 142 644 | -5162 |
| Total equity | 102 374 | 380 470 | 547 768 | 942 182 | 901 447 | 838 027 | 754 463 | 708 554 | 625 806 | 619 332 | 617 788 | 536 003 | 505 405 | 529 950 | 424 787 |
| Income statement | |||||||||||||||
| Sales revenue | 419 423 | 1 214 298 | 1 592 383 | 3 356 836 | 1 326 113 | 687 190 | 970 673 | 1 225 961 | 1 469 148 | 1 174 888 | 1 237 488 | 1 618 443 | 835 120 | 1 050 204 | 696 248 |
| Operating profit | 1433 | 207 538 | 381 031 | 748 111 | 363 418 | 76 860 | 122 517 | 206 820 | 346 931 | 257 236 | 99 272 | 28 766 | 100 234 | 172 169 | 19 838 |
| Profit before income tax | 1362 | 150 085 | 375 371 | 752 880 | 364 713 | 77 693 | 121 304 | 207 041 | 346 985 | 257 056 | 175 093 | 28 928 | 104 335 | 172 169 | 19 838 |
| Profit for the reporting year | 374 | 125 110 | 320 658 | 636 894 | 308 200 | 70 163 | 104 656 | 207 041 | 346 985 | 217 706 | 139 765 | 6606 | 77 347 | 142 644 | -5162 |
| Labour costs | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Depreciation of non-current assets | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Other indicators | |||||||||||||||
| Employees | 22 | 103 | 91 | 106 | 54 | 32 | 33 | 41 | 37 | 37 | 30 | 36 | 31 | 32 | 20 |
| Calculated dividend | 32 592 | 0 | 0 | 474 115 | 348 935 | 133 550 | 188 220 | 252 950 | 429 733 | 224 180 | 141 309 | 88 391 | 107 945 | 118 099 | 100 001 |
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 "VSV Celtnieks"
Overview
SIA "VSV Celtnieks" (reg. no. 40003261969) is a limited liability company. The company was registered in 1995 and has been in the register for 31 years. Registered address: Rīga, Lilijas iela 7.
Financial results
Revenue in 2025 was 696 248 €, down 33,7% on the previous year (1 050 204 €). From 2010 to 2025, revenue grew by an average of 3,7% per year. 2025 ended with a loss of 5162 €. The company was profitable in 14 of the 15 published years. In 2025 the company had 20 employees (32 a year earlier). Revenue per employee was 34 812 €. At the end of 2025, total assets were 598 365 € and equity 424 787 € (71,0% of assets).
Management and owners
The company has one board member. According to the register, the company has 3 owners. The largest stake (49%) is held by a private individual.
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.