"VVZ Latvia" SIAActive
Key figures
Ratios
2025Balance sheet structure
Dividends
from the reportDividends paid 39 020 € (93% of equity at the end of the previous year).
Summary of financial statements2013–2025
| 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Balance sheet — assets | |||||||||||||
| Total current assets | 1 351 028 | 1 393 669 | 1 215 923 | 1 681 654 | 1 867 637 | 1 922 918 | 1 961 278 | 1 637 219 | 1 392 091 | 870 342 | 685 772 | 776 532 | 785 175 |
| Total non-current assets | 8559 | 12 863 | 11 687 | 11 960 | 22 372 | 17 297 | 29 914 | 32 573 | 28 592 | 21 668 | 13 921 | 9760 | 5623 |
| Total assets | 1 359 587 | 1 406 532 | 1 227 610 | 1 693 614 | 1 890 009 | 1 940 215 | 1 991 192 | 1 669 792 | 1 420 683 | 892 010 | 699 693 | 786 292 | 790 798 |
| Balance sheet — liabilities and equity | |||||||||||||
| Current liabilities | 1 328 093 | 1 364 302 | 1 214 408 | 32 869 | 1 863 341 | 1 881 735 | 1 930 835 | 1 650 479 | 1 380 463 | 863 432 | 653 589 | 744 427 | 709 280 |
| Non-current liabilities | 0 | 0 | 0 | 1 638 329 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total liabilities | 1 328 093 | 1 364 302 | 1 214 408 | 1 671 198 | 1 863 341 | 1 881 735 | 1 930 835 | 1 650 479 | 1 380 463 | 863 432 | 653 589 | 744 427 | 709 280 |
| Share capital | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Retained earnings of previous periods | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Profit for the year | 29 494 | 39 384 | 10 357 | 19 571 | 23 823 | 55 635 | 57 512 | 16 468 | 37 375 | 25 733 | 43 259 | 39 020 | 78 673 |
| Total equity | 31 494 | 42 230 | 13 202 | 22 416 | 26 668 | 58 480 | 60 357 | 19 313 | 40 220 | 28 578 | 46 104 | 41 865 | 81 518 |
| Income statement | |||||||||||||
| Sales revenue | 4 594 562 | 6 454 514 | 4 811 768 | 6 522 791 | 8 102 816 | 7 457 091 | 7 710 617 | 6 660 783 | 5 685 023 | 4 460 979 | 4 087 834 | 3 907 633 | 4 006 820 |
| Operating profit | 35 097 | 46 884 | 12 938 | 25 173 | 29 716 | 56 703 | 72 809 | 32 153 | 42 785 | 36 255 | 50 786 | 49 015 | 86 873 |
| Profit before income tax | 35 326 | 47 044 | 12 903 | 25 174 | 29 722 | 56 708 | 72 813 | 32 157 | 42 788 | 36 255 | 50 786 | 49 015 | 86 873 |
| Profit for the reporting year | 29 494 | 39 384 | 10 357 | 19 571 | 23 823 | 55 635 | 57 512 | 16 468 | 37 375 | 25 733 | 43 259 | 39 020 | 78 673 |
| Labour costs | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Depreciation of non-current assets | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Other indicators | |||||||||||||
| Employees | 15 | 15 | 13 | 15 | 14 | 14 | 16 | 15 | 14 | 11 | 10 | 10 | 9 |
| Calculated dividend | 57 684 | 41 966 | 39 384 | 10 357 | 19 571 | 0 | 79 458 | 57 512 | 16 468 | 37 375 | 25 733 | 43 259 | 39 020 |
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: "VVZ Latvia" SIA
Overview
"VVZ Latvia" SIA (reg. no. 40003861324) is a limited liability company. The company was registered in 2006 and has been in the register for 20 years. Registered address: Rīga, Brīvības iela 40 - 22.
Financial results
Revenue in 2025 was 4 006 820 €, up 2,5% on the previous year (3 907 633 €). From 2013 to 2025, revenue declined by an average of 1,1% per year. Net profit for 2025 was 78 673 € (2,0% of revenue). The company was profitable in all 13 published years. In 2025 the company had 9 employees (10 a year earlier). Revenue per employee was 445 202 €. At the end of 2025, total assets were 790 798 € and equity 81 518 € (10,3% of assets).
Management and owners
The board has 2 members. The sole owner of the company is "Nord Media Group" SIA.
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.