"NORDVAK" SIAActive

40003377138Limited liability companyFounded 1998

Key figures

1 224 598 €-35,7%

Revenue 2025

+4,5%

Average annual growth 2012–2025

Ratios

2025

8,2%

Profit margin

94,5%

Equity ratio

27×

Current ratio

8,0%

Return on equity

Balance sheet structure

Current assetsNon-current assetsLiabilitiesEquity

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	302 025	285 353	395 972	419 950	444 294	466 728	587 059	666 214	640 899	783 163	788 432	1 075 517	1 219 702	1 291 675
Total non-current assets	14 199	11 010	12 040	59 640	48 919	43 276	23 042	11 308	42 127	35 185	29 810	35 984	57 277	36 509
Total assets	316 224	296 363	408 012	479 590	493 213	510 004	610 101	677 522	683 026	818 348	818 242	1 111 501	1 276 979	1 328 184
Balance sheet — liabilities and equity
Current liabilities	202 717	159 447	187 698	209 719	184 291	156 062	168 342	137 489	83 440	128 352	64 229	130 181	81 871	47 946
Non-current liabilities	74 910	74 910	90 000	90 000	90 000	90 000	106 607	106 607	106 123	106 123	80 000	60 000	40 000	25 000
Total liabilities	277 627	234 357	277 698	299 719	274 291	246 062	274 949	244 096	189 563	234 475	144 229	190 181	121 871	72 946
Share capital	—	—	—	—	—	—	—	—	—	—	—	—	—	—
Retained earnings of previous periods	—	—	—	—	—	—	—	—	—	—	—	—	—	—
Profit for the year	20 518	23 138	42 402	47 364	42 047	45 020	71 210	98 274	60 037	90 410	90 140	247 307	233 788	100 131
Total equity	36 292	59 430	126 963	174 307	218 922	263 942	335 152	433 426	493 463	583 873	674 013	921 320	1 155 108	1 255 238
Income statement
Sales revenue	693 280	833 613	1 193 111	1 289 152	1 365 300	1 095 543	1 310 506	1 421 957	1 086 561	1 233 242	1 478 063	1 910 900	1 905 874	1 224 598
Operating profit	24 142	25 075	49 900	54 433	48 803	52 832	71 210	98 274	60 037	90 410	90 140	247 307	233 788	100 131
Profit before income tax	24 142	25 075	49 900	54 433	48 803	52 832	71 210	98 274	60 037	90 410	90 140	247 307	233 788	100 131
Profit for the reporting year	20 518	23 138	42 402	47 364	42 047	45 020	71 210	98 274	60 037	90 410	90 140	247 307	233 788	100 131
Labour costs	—	—	—	—	—	—	—	—	—	—	—	—	—	—
Depreciation of non-current assets	—	—	—	—	—	—	—	—	—	—	—	—	—	—
Other indicators
Employees	3	3	3	3	3	3	3	3	3	3	3	3	3	3
Calculated dividend	0	0	0	0	0	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.

Connections graph

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Summary: "NORDVAK" SIA

Overview

"NORDVAK" SIA (reg. no. 40003377138) is a limited liability company. The company was registered in 1998 and has been in the register for 28 years. Registered address: Siguldas nov., Sigulda, Igauņu iela 11.

Financial results

Revenue in 2025 was 1 224 598 €, down 35,7% on the previous year (1 905 874 €). From 2012 to 2025, revenue grew by an average of 4,5% per year. Net profit for 2025 was 100 131 € (8,2% of revenue). The company was profitable in all 14 published years. In 2025 the company had 3 employees. Revenue per employee was 408 199 €. At the end of 2025, total assets were 1 328 184 € and equity 1 255 238 € (94,5% of assets).

Management and owners

The company has one board member. The sole owner of the company is 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.