Sabiedrība ar ierobežotu atbildību "VELTS"Active

40003472358Limited liability companyFounded 1999

Key figures

18 927 €-68,5%
Revenue 2025
+0,6%
Average annual growth 2013–2025
050 k100 k150 k’13’14’15’16’17’18’19’20’21’22’23’24’25

Ratios

2025
Balance sheet structure
Current assetsNon-current assetsLiabilitiesEquity
050 k100 k150 k’13’14’15’16’17’18’19’20’21’22’23’24’25

Dividends

calculated
2025

No dividends were paid.

History
20250 €
20240 €
2023 ~24 448 €
2022 ~10 000 €
2021 ~2533 €
20200 €
20190 €
2018 ~12 773 €
20170 €
20160 €
20150 €
2014 ~5124 €
Summary of financial statements2013–2025
2013201420152016201720182019202020212022202320242025
Balance sheet — assets
Total current assets901210 0127893897429 01010 14316 14317 03040 01389 29297 14698 50262 713
Total non-current assets0883856562731127320010 15536018710 4007989
Total assets901218 85013 54911 70529 13710 17516 14317 03050 16889 65297 333108 90270 702
Balance sheet — liabilities and equity
Current liabilities104200126743641821999249737201880259089222030
Non-current liabilities047200000000000
Total liabilities10424720126743641821999249737201880259089222030
Share capital—————————————
Retained earnings of previous periods—————————————
Profit for the year721115 532-4829-311014 335-36466790-61034 44851 32431 4195237-31 308
Total equity797018 37813 54910 43824 773835415 14414 53346 44887 77294 74399 98068 672
Income statement
Sales revenue17 67138 29515 15012 60042 81412 82538 42117 68574 376129 50191 45660 03718 927
Operating profit825317 726-4829-311016 227-36466740-61033 23854 27837 5315237-31 306
EBITDA8253————————————
Profit before income tax825317 726-4829-311016 227-36466790-61035 08154 27837 5315237-31 306
Profit for the reporting year721115 532-4829-311014 335-36466790-61034 44851 32431 4195237-31 308
Labour costs2755————————————
Depreciation of non-current assets0————————————
Other indicators
Employees1211111111222
Calculated dividend—512400012 77300253310 00024 44800

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
100%Sabiedrība ar ierobež…Micko Ivars
CompanyPersonShareholderOther roleAdditional link

Summary: Sabiedrība ar ierobežotu atbildību "VELTS"

Overview

Sabiedrība ar ierobežotu atbildību "VELTS" (reg. no. 40003472358) is a limited liability company. The company was registered in 1999 and has been in the register for 26 years. Registered address: Rīga, Lokomotīves iela 20 - 12.

Financial results

Revenue in 2025 was 18 927 €, down 68,5% on the previous year (60 037 €). From 2013 to 2025, revenue grew by an average of 0,6% per year. 2025 ended with a loss of 31 308 €. The company was profitable in 8 of the 13 published years. In 2025 the company had 2 employees. Revenue per employee was 9464 €. At the end of 2025, total assets were 70 702 € and equity 68 672 € (97,1% 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.