Sabiedrība ar ierobežotu atbildību "FORMICA VELOX"Active

40103199341Limited liability companyFounded 2008

Key figures

11 357 €-6,4%
Revenue 2025
+16,5%
Average annual growth 2008–2025
05 k10 k15 k20 k’08’09’10’11’12’13’14’15’16’17’18’19’20’21’22’23’24’25

Ratios

2025
Balance sheet structure
Current assetsNon-current assetsLiabilitiesEquity
020 k40 k’08’09’10’11’12’13’14’15’16’17’18’19’20’21’22’23’24’25
Summary of financial statements2008–2025
200820092010201120122013201420152016201720182019202020212022202320242025
Balance sheet — assets
Total current assets3365259728943010436452256774635581677617583831694286804113 60611 112990313 188
Total non-current assets02361851361964811920196913651024719266536086606716 90814 44811 6029074
Total assets336528333079314645605706869483249532864113 030982210 37214 10830 51425 56021 50522 262
Balance sheet — liabilities and equity
Current liabilities98417272829292746235134746978409046740310 89657765956665917 49516 43012 3539832
Non-current liabilities000000000000000000
Total liabilities98417272829292746235134746978409046740310 89657765956665917 49516 43012 3539832
Share capital——————————————————
Retained earnings of previous periods——————————————————
Profit for the year381-1275-856-31-282635410-7414752896191237030335570-3889223278
Total equity23811106250219-6357212254844861238213440464416744913 0199130915212 430
Income statement
Sales revenue8474633749874245844657757783195403511 422814315 149633712 56410 94911 73112 13111 357
Operating profit448-1259-804247-284635435-68654760896191237030335570-3889263278
Profit before income tax448-1275-856-31-282635410-69154760896191237030335570-3889263278
Profit for the reporting year381-1275-856-31-282635410-7414752896191237030335570-3889223278
Labour costs——————————————————
Depreciation of non-current assets——————————————————
Other indicators
Employees100000000211111111
Calculated dividend000000000000000000

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Summary: Sabiedrība ar ierobežotu atbildību "FORMICA VELOX"

Overview

Sabiedrība ar ierobežotu atbildību "FORMICA VELOX" (reg. no. 40103199341) is a limited liability company. The company was registered in 2008 and has been in the register for 18 years. Registered address: Ventspils nov., Ugāles pag., Ugāle, "Zemdegas" - 5.

Financial results

Revenue in 2025 was 11 357 €, down 6,4% on the previous year (12 131 €). From 2008 to 2025, revenue grew by an average of 16,5% per year. Net profit for 2025 was 3278 € (28,9% of revenue). The company was profitable in 12 of the 18 published years. In 2025 the company had 1 employees. Revenue per employee was 11 357 €. At the end of 2025, total assets were 22 262 € and equity 12 430 € (55,8% of assets).

Management and owners

The company has one board member. The sole owner of the company is 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.