SIA "Viessmann"Active
Key figures
Ratios
2025Balance sheet structure
Dividends
from the reportDividends paid 1 804 626 € (89% of equity at the end of the previous year).
Summary of financial statements2011–2025
| 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Balance sheet — assets | |||||||||||||||
| Total current assets | 1 017 554 | 907 966 | 929 036 | 1 304 177 | 1 166 735 | 1 213 572 | 1 294 865 | 718 115 | 1 052 455 | 1 169 891 | 1 422 654 | 2 772 143 | 2 291 497 | 2 976 664 | 1 074 178 |
| Total non-current assets | 16 337 | 18 069 | 36 226 | 39 180 | 25 449 | 16 175 | 20 991 | 15 547 | 41 262 | 50 915 | 37 990 | 53 923 | 41 568 | 29 881 | 21 577 |
| Total assets | 1 033 891 | 926 035 | 965 262 | 1 343 357 | 1 192 184 | 1 229 747 | 1 315 856 | 733 662 | 1 093 717 | 1 220 806 | 1 460 644 | 2 826 066 | 2 333 065 | 3 006 545 | 1 095 755 |
| Balance sheet — liabilities and equity | |||||||||||||||
| Current liabilities | 192 407 | 161 418 | 187 381 | 285 158 | 182 319 | 247 601 | 278 071 | 142 701 | 245 417 | 158 676 | 234 632 | 520 132 | 225 764 | 456 415 | 556 853 |
| Non-current liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total liabilities | 192 407 | 161 418 | 187 381 | 285 158 | 182 319 | 247 601 | 278 071 | 142 701 | 245 417 | 158 676 | 234 632 | 520 132 | 225 764 | 456 415 | 556 853 |
| Share capital | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Retained earnings of previous periods | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Profit for the year | -113 501 | -61 782 | 31 587 | -62 689 | -58 342 | -10 563 | 61 746 | 149 128 | 254 521 | 209 248 | 447 846 | 1 053 093 | 594 759 | 33 692 | 198 233 |
| Total equity | 800 199 | 738 417 | 770 004 | 1 032 929 | 974 586 | 964 022 | 1 025 770 | 574 898 | 829 419 | 1 038 667 | 1 186 513 | 2 189 606 | 1 984 365 | 2 018 057 | 411 664 |
| Income statement | |||||||||||||||
| Sales revenue | 1 775 174 | 1 399 210 | 1 218 942 | 1 759 276 | 1 938 661 | 1 594 631 | 1 662 433 | 1 912 834 | 2 575 183 | 2 305 137 | 3 383 426 | 7 616 448 | 5 078 998 | 4 343 081 | 4 066 281 |
| Operating profit | -44 590 | -60 571 | 31 771 | -62 432 | -57 455 | -9576 | 64 649 | 149 446 | 257 834 | 210 953 | 461 639 | 1 063 833 | 776 585 | 377 418 | 209 562 |
| Profit before income tax | -51 969 | -61 782 | 31 587 | -62 689 | -58 342 | -10 563 | 63 853 | 149 446 | 257 834 | 211 021 | 461 639 | 1 063 833 | 797 012 | 442 787 | 247 067 |
| Profit for the reporting year | -113 501 | -61 782 | 31 587 | -62 689 | -58 342 | -10 563 | 61 746 | 149 128 | 254 521 | 209 248 | 447 846 | 1 053 093 | 594 759 | 33 692 | 198 233 |
| Labour costs | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Depreciation of non-current assets | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Other indicators | |||||||||||||||
| Employees | 5 | 5 | 6 | 5 | 5 | 5 | 4 | 4 | 5 | 5 | 4 | 4 | 4 | 4 | 3 |
| Calculated dividend | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 600 000 | 0 | 0 | 300 000 | 50 000 | 800 000 | 0 | 1 804 626 |
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: SIA "Viessmann"
Overview
SIA "Viessmann" (reg. no. 40003563464) is a limited liability company. The company was registered in 2001 and has been in the register for 25 years. Registered address: Rīga, Āraišu iela 37.
Financial results
Revenue in 2025 was 4 066 281 €, down 6,4% on the previous year (4 343 081 €). From 2011 to 2025, revenue grew by an average of 6,1% per year. Net profit for 2025 was 198 233 € (4,9% of revenue). The company was profitable in 10 of the 15 published years. In 2025 the company had 3 employees (4 a year earlier). Revenue per employee was 1 355 427 €. At the end of 2025, total assets were 1 095 755 € and equity 411 664 € (37,6% of assets).
Management and owners
The company has one board member. The sole owner of the company is Viessmann Holding International GmbH.
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.