"VELUX Latvia SIA"Active
Key figures
Ratios
2025Balance sheet structure
Dividends
calculatedPaid out in dividends approximately 32 000 € (12% 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 statements2013–2025
| 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Balance sheet — assets | |||||||||||||
| Total current assets | 262 959 | 359 093 | 306 262 | 301 827 | 305 078 | 312 768 | 323 183 | 329 682 | 493 057 | 379 967 | 386 806 | 415 800 | 485 573 |
| Total non-current assets | 2293 | 2110 | 666 | 251 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total assets | 265 252 | 361 203 | 306 928 | 302 078 | 305 078 | 312 768 | 323 183 | 329 682 | 493 057 | 379 967 | 386 806 | 415 800 | 485 573 |
| Balance sheet — liabilities and equity | |||||||||||||
| Current liabilities | 64 815 | 101 476 | 51 683 | 61 122 | 64 306 | 72 419 | 72 014 | 76 799 | 234 691 | 115 254 | 113 615 | 140 206 | 206 110 |
| Non-current liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total liabilities | 64 815 | 101 476 | 51 683 | 61 122 | 64 306 | 72 419 | 72 014 | 76 799 | 234 691 | 115 254 | 113 615 | 140 206 | 206 110 |
| Share capital | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Retained earnings of previous periods | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Profit for the year | 15 110 | 12 870 | 15 822 | 8477 | 14 790 | 20 573 | 31 522 | 31 713 | 35 483 | 40 926 | 48 478 | 42 403 | 35 869 |
| Total equity | 198 288 | 255 007 | 250 807 | 239 284 | 239 074 | 239 647 | 251 169 | 252 883 | 258 366 | 264 713 | 273 191 | 275 594 | 279 463 |
| Income statement | |||||||||||||
| Sales revenue | 610 568 | 952 409 | 872 617 | 837 019 | 1 011 322 | 1 074 993 | 1 056 679 | 1 180 227 | 1 372 842 | 1 673 919 | 1 450 216 | 1 809 290 | 1 706 480 |
| Operating profit | 19 727 | 19 765 | 23 119 | 11 361 | 19 053 | 22 128 | 34 260 | 34 064 | 37 558 | 46 612 | 44 099 | 49 401 | 42 146 |
| Profit before income tax | 19 382 | 19 758 | 23 133 | 11 344 | 19 041 | 22 118 | 34 259 | 34 073 | 37 558 | 46 612 | 52 043 | 57 517 | 47 063 |
| Profit for the reporting year | 15 110 | 12 870 | 15 822 | 8477 | 14 790 | 20 573 | 31 522 | 31 713 | 35 483 | 40 926 | 48 478 | 42 403 | 35 869 |
| Labour costs | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Depreciation of non-current assets | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Other indicators | |||||||||||||
| Employees | 8 | 11 | 10 | 8 | 7 | 7 | 6 | 6 | 6 | 7 | 8 | 9 | 10 |
| Calculated dividend | 40 000 | 40 000 | 20 000 | 20 000 | 15 000 | 20 000 | 20 000 | 30 000 | 30 000 | 34 579 | 40 000 | 40 000 | 32 000 |
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: "VELUX Latvia SIA"
Overview
"VELUX Latvia SIA" (reg. no. 40003279195) is a limited liability company. The company was registered in 1996 and has been in the register for 30 years. Registered address: Rīga, Liepājas iela 34.
Financial results
Revenue in 2025 was 1 706 480 €, down 5,7% on the previous year (1 809 290 €). From 2013 to 2025, revenue grew by an average of 8,9% per year. Net profit for 2025 was 35 869 € (2,1% of revenue). The company was profitable in all 13 published years. In 2025 the company had 10 employees (9 a year earlier). Revenue per employee was 170 648 €. At the end of 2025, total assets were 485 573 € and equity 279 463 € (57,6% of assets).
Management and owners
The company has one board member. The sole owner of the company is VELUX A/S.
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.