Sabiedrība ar ierobežotu atbildību "VELGS"Active
Key figures
Ratios
2025Balance sheet structure
Dividends
calculatedNo dividends were paid.
Summary of financial statements2012–2025
| 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Balance sheet — assets | ||||||||||||||
| Total current assets | 167 | 6163 | 13 537 | 39 916 | 62 252 | 87 337 | 97 461 | 99 041 | 106 790 | 85 224 | 227 400 | 290 722 | 246 008 | 227 238 |
| Total non-current assets | 1571 | 26 269 | 36 331 | 94 346 | 225 765 | 303 627 | 463 082 | 574 783 | 493 786 | 771 736 | 1 188 181 | 1 412 342 | 1 771 185 | 1 548 408 |
| Total assets | 1738 | 32 432 | 49 868 | 134 262 | 288 017 | 390 964 | 560 543 | 673 824 | 600 576 | 856 960 | 1 415 581 | 1 703 064 | 2 017 193 | 1 775 646 |
| Balance sheet — liabilities and equity | ||||||||||||||
| Current liabilities | 2522 | 14 769 | 10 746 | 33 183 | 85 346 | 136 384 | 224 652 | 294 617 | 274 593 | 351 005 | 464 943 | 601 254 | 802 841 | 699 108 |
| Non-current liabilities | 3000 | 20 000 | 32 000 | 43 898 | 132 500 | 167 837 | 249 129 | 308 556 | 244 129 | 366 526 | 574 002 | 686 619 | 823 703 | 527 819 |
| Total liabilities | 5522 | 34 769 | 42 746 | 77 081 | 217 846 | 304 221 | 473 781 | 603 173 | 518 722 | 717 531 | 1 038 945 | 1 287 873 | 1 626 544 | 1 226 927 |
| Share capital | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Retained earnings of previous periods | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Profit for the year | -1379 | -2553 | 1831 | 40 059 | 12 990 | 16 572 | 5019 | 3889 | 11 203 | 62 161 | 237 207 | 38 555 | -24 542 | 158 070 |
| Total equity | -3784 | -2337 | 7122 | 57 181 | 70 171 | 86 743 | 86 762 | 70 651 | 81 854 | 139 429 | 376 636 | 415 191 | 390 649 | 548 719 |
| Income statement | ||||||||||||||
| Sales revenue | 11 839 | 33 523 | 152 090 | 227 573 | 415 506 | 643 916 | 876 693 | 1 081 431 | 1 094 778 | 1 346 370 | 2 253 413 | 2 258 289 | 2 473 148 | 2 905 164 |
| Operating profit | -1379 | -2553 | 1831 | 40 059 | 16 828 | 23 258 | 15 981 | 18 201 | 25 635 | 79 899 | 265 265 | 93 372 | 62 198 | 219 337 |
| Profit before income tax | -1379 | -2553 | 1831 | 40 059 | 12 990 | 16 572 | 5019 | 3889 | 11 203 | 62 161 | 237 207 | 38 555 | -24 426 | 159 934 |
| Profit for the reporting year | -1379 | -2553 | 1831 | 40 059 | 12 990 | 16 572 | 5019 | 3889 | 11 203 | 62 161 | 237 207 | 38 555 | -24 542 | 158 070 |
| Labour costs | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Depreciation of non-current assets | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Other indicators | ||||||||||||||
| Employees | 3 | 3 | 5 | 6 | 8 | 10 | 13 | 13 | 16 | 17 | 21 | 24 | 25 | 25 |
| Calculated dividend | — | 0 | 0 | 0 | 0 | 0 | 5000 | 20 000 | 0 | 4586 | 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: Sabiedrība ar ierobežotu atbildību "VELGS"
Overview
Sabiedrība ar ierobežotu atbildību "VELGS" (reg. no. 40003892150) is a limited liability company. The company was registered in 2007 and has been in the register for 19 years. Registered address: Salaspils nov., Salaspils pag., Rūķi, Tīrumu iela 4.
Financial results
Revenue in 2025 was 2 905 164 €, up 17,5% on the previous year (2 473 148 €). From 2012 to 2025, revenue grew by an average of 52,7% per year. This is the company's highest revenue among the published years (2012–2025). Net profit for 2025 was 158 070 € (5,4% of revenue). The company was profitable in 11 of the 14 published years. In 2025 the company had 25 employees. Revenue per employee was 116 207 €. At the end of 2025, total assets were 1 775 646 € and equity 548 719 € (30,9% of assets).
Management and owners
The company has one board member. According to the register, the company has 2 owners. The largest stake (70%) 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.