"SOLVINA" ASActive
Key figures
Ratios
2025Balance sheet structure
Dividends
from the reportDividends paid 96 000 € (1% of equity at the end of the previous year).
Summary of financial statements2016–2025
| 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Balance sheet — assets | ||||||||||
| Total current assets | 6 995 748 | 2 815 044 | 3 284 936 | 3 594 665 | 3 366 217 | 3 927 323 | 4 698 512 | 4 121 055 | 2 868 415 | 4 595 518 |
| Total non-current assets | 24 060 903 | 11 755 674 | 11 327 253 | 11 563 231 | 7 199 645 | 6 911 475 | 7 023 140 | 7 081 972 | 6 355 443 | 6 004 432 |
| Total assets | 31 056 651 | 14 570 718 | 14 612 189 | 15 157 896 | 10 565 862 | 10 838 798 | 11 721 652 | 11 203 027 | 9 223 858 | 10 599 950 |
| Balance sheet — liabilities and equity | ||||||||||
| Current liabilities | 1 250 819 | 83 449 | 10 962 | 3 350 820 | 277 771 | 278 916 | 474 872 | 2 752 124 | 857 170 | 2 430 997 |
| Non-current liabilities | 10 007 457 | 7 221 841 | 6 462 525 | 3 594 105 | 2 150 225 | 2 154 995 | 2 714 495 | 10 893 | 0 | 0 |
| Total liabilities | 11 258 276 | 7 305 290 | 6 473 487 | 6 944 925 | 2 427 996 | 2 433 911 | 3 189 367 | 2 763 017 | 857 170 | 2 430 997 |
| Share capital | — | — | — | — | — | — | — | — | — | — |
| Retained earnings of previous periods | — | — | — | — | — | — | — | — | — | — |
| Profit for the year | 1 061 845 | 536 119 | 1 073 274 | 631 492 | -75 105 | 387 021 | 247 398 | 875 725 | 46 678 | -101 735 |
| Total equity | 19 798 375 | 7 265 428 | 8 138 702 | 8 212 971 | 8 137 866 | 8 404 887 | 8 532 285 | 8 440 010 | 8 366 688 | 8 168 953 |
| Income statement | ||||||||||
| Sales revenue | 3 292 323 | 283 320 | 282 000 | 228 000 | 228 000 | 228 000 | 228 000 | 229 364 | 183 300 | 333 325 |
| Operating profit | 1 257 632 | -303 916 | -197 290 | 196 583 | -48 624 | 233 099 | 208 836 | 39 605 | -339 466 | -141 797 |
| Profit before income tax | 1 169 961 | 587 358 | 1 073 274 | 631 492 | -75 105 | 387 021 | 247 398 | 875 725 | 46 678 | -101 735 |
| Profit for the reporting year | 1 061 845 | 536 119 | 1 073 274 | 631 492 | -75 105 | 387 021 | 247 398 | 875 725 | 46 678 | -101 735 |
| Labour costs | — | — | — | — | — | — | — | — | — | — |
| Depreciation of non-current assets | — | — | — | — | — | — | — | — | — | — |
| Other indicators | ||||||||||
| Employees | 40 | 3 | 3 | 3 | 3 | 3 | 3 | 3 | 3 | 3 |
| Calculated dividend | 600 000 | 600 000 | 200 000 | 173 790 | 120 000 | 120 000 | 120 000 | 888 000 | 200 000 | 96 000 |
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: "SOLVINA" AS
Overview
"SOLVINA" AS (reg. no. 40003397204) is a joint-stock company. The company was registered in 1998 and has been in the register for 28 years. Registered address: Rīga, Jaunmoku iela 34.
Financial results
Revenue in 2025 was 333 325 €, up 81,8% on the previous year (183 300 €). From 2016 to 2025, revenue declined by an average of 22,5% per year. 2025 ended with a loss of 101 735 €. The company was profitable in 8 of the 10 published years. In 2025 the company had 3 employees. Revenue per employee was 111 108 €. At the end of 2025, total assets were 10 599 950 € and equity 8 168 953 € (77,1% of assets).
Management and owners
The board has 3 members. The company holds stakes in 6 active Latvian companies.
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.