SIA "VVEM"Active
Key figures
Ratios
2025Balance sheet structure
Dividends
calculatedNo dividends were paid.
Summary of financial statements2008–2025
| 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Balance sheet — assets | ||||||||||||||||||
| Total current assets | 41 866 | 16 212 | 20 326 | 26 450 | 21 380 | 24 246 | 26 707 | 39 484 | 20 947 | 7811 | 4367 | 8339 | 12 883 | 4638 | 8551 | 7178 | 7331 | 8676 |
| Total non-current assets | 2711 | 1996 | 1185 | 458 | 152 | 0 | 0 | 0 | 0 | 0 | 0 | 243 | 149 | 454 | 208 | 160 | 95 | 45 |
| Total assets | 44 577 | 18 208 | 21 511 | 26 908 | 21 532 | 24 246 | 26 707 | 39 484 | 20 947 | 7811 | 4367 | 8582 | 13 032 | 5092 | 8759 | 7338 | 7426 | 8721 |
| Balance sheet — liabilities and equity | ||||||||||||||||||
| Current liabilities | 19 543 | 3633 | 4607 | 5663 | 5263 | 6623 | 5647 | 14 703 | 2062 | 3322 | 2775 | 8279 | 9999 | 3190 | 4193 | 2527 | 2674 | 3199 |
| Non-current liabilities | 139 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 9741 | 623 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total liabilities | 19 682 | 3633 | 4607 | 5663 | 5263 | 6623 | 5647 | 14 703 | 11 803 | 3945 | 2775 | 8279 | 9999 | 3190 | 4193 | 2527 | 2674 | 3199 |
| Share capital | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Retained earnings of previous periods | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Profit for the year | 13 381 | -4809 | 6730 | 4341 | 2024 | 1354 | 5985 | 3721 | 5927 | -1078 | -2275 | -1288 | 2730 | -1132 | 2665 | 245 | -59 | 767 |
| Total equity | 23 935 | 13 126 | 15 455 | 19 796 | 14 820 | 16 174 | 18 998 | 22 719 | 9144 | 3866 | 1592 | 303 | 3033 | 1902 | 4566 | 4811 | 4752 | 5522 |
| Income statement | ||||||||||||||||||
| Sales revenue | 125 153 | 28 890 | 56 602 | 71 509 | 68 698 | 60 546 | 116 204 | 79 653 | 93 801 | 54 070 | 31 572 | 15 211 | 21 074 | 8712 | 17 426 | 4848 | 4221 | 5585 |
| Operating profit | 15 883 | -4935 | 7215 | 5225 | 2299 | 1532 | 7040 | 4387 | 6978 | -1073 | -2275 | -1288 | 2730 | -1132 | 2665 | 245 | -59 | 817 |
| Profit before income tax | 15 883 | -4948 | 7215 | 5225 | 2299 | 1532 | 7040 | 4387 | 6972 | -1078 | -2275 | -1288 | 2730 | -1132 | 2665 | 245 | -59 | 817 |
| Profit for the reporting year | 13 381 | -4809 | 6730 | 4341 | 2024 | 1354 | 5985 | 3721 | 5927 | -1078 | -2275 | -1288 | 2730 | -1132 | 2665 | 245 | -59 | 767 |
| Labour costs | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Depreciation of non-current assets | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Other indicators | ||||||||||||||||||
| Employees | 1 | 1 | 1 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 1 | 1 | 1 | 1 | 0 |
| Calculated dividend | 0 | 0 | 4401 | 0 | 7000 | 0 | 3161 | 0 | 19 502 | 4200 | 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.
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Summary: SIA "VVEM"
Overview
SIA "VVEM" (reg. no. 40003838135) is a limited liability company. The company was registered in 2006 and has been in the register for 20 years. Registered address: Madonas nov., Madona, Cesvaines iela 9 - 4.
Financial results
Revenue in 2025 was 5585 €, up 32,3% on the previous year (4221 €). From 2008 to 2025, revenue declined by an average of 16,7% per year. Net profit for 2025 was 767 € (13,7% of revenue). The company was profitable in 12 of the 18 published years. According to the report, the company had no employees in 2025. At the end of 2025, total assets were 8721 € and equity 5522 € (63,3% of assets).
Management and owners
The board has 2 members. According to the register, the company has 2 owners. The largest stake (50%) 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.