Sabiedrība ar ierobežotu atbildību "VELGENS"Active
Key figures
Ratios
2025Balance sheet structure
Dividends
calculatedPaid out in dividends approximately 30 578 € (5% 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 | 347 313 | 463 155 | 425 563 | 461 882 | 621 135 | 685 805 | 733 253 | 743 488 | 923 119 | 920 676 | 1 016 993 | 1 223 454 | 1 139 636 |
| Total non-current assets | 90 122 | 105 838 | 134 674 | 106 698 | 132 165 | 115 177 | 110 825 | 136 857 | 143 827 | 117 710 | 84 033 | 146 103 | 110 169 |
| Total assets | 437 435 | 568 993 | 560 237 | 568 580 | 753 300 | 800 982 | 844 078 | 880 345 | 1 066 946 | 1 038 386 | 1 101 026 | 1 369 557 | 1 249 805 |
| Balance sheet — liabilities and equity | |||||||||||||
| Current liabilities | 214 304 | 284 535 | 246 230 | 235 376 | 322 620 | 245 577 | 325 983 | 328 245 | 406 046 | 368 758 | 497 398 | 706 123 | 628 875 |
| Non-current liabilities | 48 870 | 41 961 | 60 966 | 25 538 | 42 283 | 22 541 | 24 382 | 58 582 | 62 305 | 39 665 | 19 240 | 91 253 | 62 686 |
| Total liabilities | 263 174 | 326 496 | 307 196 | 260 914 | 364 903 | 268 118 | 350 365 | 386 827 | 468 351 | 408 423 | 516 638 | 797 376 | 691 561 |
| Share capital | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Retained earnings of previous periods | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Profit for the year | 22 275 | -2077 | 9685 | 53 916 | 80 731 | 144 467 | 79 599 | 69 805 | 142 576 | 75 870 | 18 425 | 13 072 | 16 641 |
| Total equity | 168 809 | 238 116 | 247 801 | 307 666 | 388 397 | 532 864 | 493 713 | 493 518 | 598 595 | 629 963 | 584 388 | 572 181 | 558 244 |
| Income statement | |||||||||||||
| Sales revenue | 874 644 | 1 165 181 | 1 250 093 | 1 438 301 | 1 541 139 | 1 702 480 | 1 827 081 | 1 836 267 | 2 116 381 | 2 114 815 | 2 317 410 | 2 233 542 | 2 068 671 |
| Operating profit | 37 743 | 7264 | 19 645 | 72 197 | 97 945 | 146 147 | 81 034 | 71 556 | 145 834 | 80 053 | 28 979 | 32 922 | 35 922 |
| Profit before income tax | 32 887 | 773 | 13 514 | 67 958 | 96 020 | 144 467 | 79 599 | 69 805 | 142 576 | 75 870 | 18 425 | 18 072 | 24 285 |
| Profit for the reporting year | 22 275 | -2077 | 9685 | 53 916 | 80 731 | 144 467 | 79 599 | 69 805 | 142 576 | 75 870 | 18 425 | 13 072 | 16 641 |
| Labour costs | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Depreciation of non-current assets | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Other indicators | |||||||||||||
| Employees | 17 | 17 | 17 | 17 | 13 | 13 | 13 | 12 | 12 | 12 | 13 | 13 | 13 |
| Calculated dividend | 0 | 0 | 0 | 0 | 0 | 0 | 118 750 | 70 000 | 37 499 | 44 502 | 64 000 | 25 279 | 30 578 |
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 "VELGENS"
Overview
Sabiedrība ar ierobežotu atbildību "VELGENS" (reg. no. 40003501055) is a limited liability company. The company was registered in 2000 and has been in the register for 26 years. Registered address: Rīga, Krimuldas iela 4 k-4.
Financial results
Revenue in 2025 was 2 068 671 €, down 7,4% on the previous year (2 233 542 €). From 2013 to 2025, revenue grew by an average of 7,4% per year. Net profit for 2025 was 16 641 € (0,8% of revenue). The company was profitable in 12 of the 13 published years. In 2025 the company had 13 employees. Revenue per employee was 159 129 €. At the end of 2025, total assets were 1 249 805 € and equity 558 244 € (44,7% of assets).
Management and owners
The company has one board member. According to the register, the company has 4 owners. The largest stake (45%) is held by 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.