Sabiedrība ar ierobežotu atbildību "Volvo Truck Latvia"Active
Key figures
Ratios
2025Balance sheet structure
Dividends
from the reportDividends paid 3 204 845 € (50% of equity at the end of the previous year).
Summary of financial statements2013–2025
| 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Balance sheet — assets | |||||||||||||
| Total current assets | 4 312 372 | 4 054 152 | 8 244 246 | 6 656 415 | 4 966 445 | 5 515 116 | 6 843 435 | 4 491 278 | 5 722 032 | 10 469 598 | 10 084 635 | 9 976 186 | 7 794 499 |
| Total non-current assets | 4 071 649 | 5 655 889 | 5 411 831 | 6 541 184 | 6 331 784 | 6 453 882 | 6 513 157 | 6 795 588 | 8 373 837 | 9 107 546 | 9 527 173 | 12 317 690 | 11 308 984 |
| Total assets | 8 384 021 | 9 710 041 | 13 656 077 | 13 197 599 | 11 298 229 | 11 968 998 | 13 356 592 | 11 286 866 | 14 095 869 | 19 577 144 | 19 611 808 | 22 293 876 | 19 103 483 |
| Balance sheet — liabilities and equity | |||||||||||||
| Current liabilities | 5 397 786 | 6 561 584 | 10 444 808 | 9 057 444 | 6 806 800 | 7 213 284 | 8 732 104 | 6 041 419 | 5 856 661 | 9 445 228 | 7 205 754 | 8 608 735 | 7 183 071 |
| Non-current liabilities | 111 139 | 180 344 | 27 877 | 0 | 0 | 0 | 0 | 0 | 3 254 410 | 3 965 084 | 5 843 714 | 6 617 034 | 4 711 211 |
| Total liabilities | 5 508 925 | 6 741 928 | 10 472 685 | 9 057 444 | 6 806 800 | 7 213 284 | 8 732 104 | 6 041 419 | 9 111 071 | 13 410 312 | 13 049 468 | 15 225 769 | 11 894 282 |
| Share capital | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Retained earnings of previous periods | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Profit for the year | 670 218 | 613 881 | 627 891 | 912 620 | 1 337 022 | 1 877 182 | 1 321 207 | 2 282 534 | 2 061 588 | 3 105 782 | 2 796 683 | 3 204 845 | 3 066 572 |
| Total equity | 2 749 045 | 2 825 419 | 2 853 310 | 3 765 930 | 4 202 950 | 4 380 132 | 3 701 339 | 4 483 873 | 4 343 056 | 5 448 838 | 5 895 521 | 6 400 366 | 6 262 093 |
| Income statement | |||||||||||||
| Sales revenue | 15 818 581 | 17 253 988 | 19 882 168 | 21 716 498 | 23 456 752 | 31 143 379 | 28 063 163 | 28 622 577 | 30 814 939 | 63 665 711 | 66 416 608 | 46 697 403 | 49 627 904 |
| Operating profit | 837 884 | 794 645 | 857 948 | 1 150 655 | 1 737 276 | 1 936 150 | 1 720 722 | 2 669 574 | 2 286 432 | 3 585 582 | 3 253 394 | 3 806 529 | 3 870 167 |
| Profit before income tax | 799 194 | 731 240 | 764 606 | 1 090 415 | 1 675 576 | 1 877 182 | 1 702 689 | 2 659 470 | 2 280 878 | 3 602 407 | 3 384 308 | 3 879 990 | 3 867 783 |
| Profit for the reporting year | 670 218 | 613 881 | 627 891 | 912 620 | 1 337 022 | 1 877 182 | 1 321 207 | 2 282 534 | 2 061 588 | 3 105 782 | 2 796 683 | 3 204 845 | 3 066 572 |
| Labour costs | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Depreciation of non-current assets | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Other indicators | |||||||||||||
| Employees | 102 | 103 | 98 | 101 | 102 | 112 | 111 | 102 | 99 | 97 | 97 | 94 | 99 |
| Calculated dividend | 1 650 000 | 1 700 000 | 600 000 | 0 | 900 000 | 1 700 000 | 2 000 000 | 1 500 000 | 2 200 000 | 2 000 000 | 2 350 000 | 2 700 000 | 3 204 845 |
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: Sabiedrība ar ierobežotu atbildību "Volvo Truck Latvia"
Overview
Sabiedrība ar ierobežotu atbildību "Volvo Truck Latvia" (reg. no. 40003287135) is a limited liability company. The company was registered in 1996 and has been in the register for 30 years. Registered address: Ropažu nov., Stopiņu pag., Rumbula, Granīta iela 28A.
Financial results
Revenue in 2025 was 49 627 904 €, up 6,3% on the previous year (46 697 403 €). From 2013 to 2025, revenue grew by an average of 10,0% per year. Net profit for 2025 was 3 066 572 € (6,2% of revenue). The company was profitable in all 13 published years. In 2025 the company had 99 employees (94 a year earlier). Revenue per employee was 501 292 €. At the end of 2025, total assets were 19 103 483 € and equity 6 262 093 € (32,8% of assets).
Management and owners
The board has 2 members. The sole owner of the company is Volvo Lastvagnar Aktiebolag.
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.