SIA "VET-MED"Active
Key figures
Ratios
2025Balance sheet structure
Dividends
calculatedPaid out in dividends approximately 33 557 € (10% of equity at the end of the previous year).
Low confidence: the company does not file a cash flow statement, so the amount is an estimate from changes in equity — it may also include other reductions of equity (e.g. a share capital reduction).
Summary of financial statements2010–2025
| 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Balance sheet — assets | ||||||||||||||||
| Total current assets | 412 379 | 522 177 | 622 377 | 821 110 | 1 088 674 | 1 197 738 | 1 200 704 | 991 055 | 1 177 735 | 1 100 417 | 1 028 306 | 1 571 475 | 1 312 875 | 1 317 254 | 1 003 847 | 422 582 |
| Total non-current assets | 58 529 | 52 916 | 88 479 | 98 834 | 176 464 | 166 166 | 455 320 | 497 956 | 449 127 | 311 483 | 148 602 | 152 807 | 115 869 | 85 892 | 65 419 | 0 |
| Total assets | 470 908 | 575 093 | 710 856 | 919 944 | 1 265 138 | 1 363 904 | 1 656 024 | 1 489 011 | 1 626 862 | 1 411 900 | 1 176 908 | 1 724 282 | 1 428 744 | 1 403 146 | 1 069 266 | 422 582 |
| Balance sheet — liabilities and equity | ||||||||||||||||
| Current liabilities | 475 828 | 552 448 | 466 713 | 748 831 | 911 896 | 1 013 639 | 1 274 937 | 1 109 576 | 1 255 062 | 1 021 984 | 1 026 017 | 1 414 030 | 948 228 | 1 043 029 | 717 825 | 367 898 |
| Non-current liabilities | 0 | 0 | 162 011 | 0 | 56 424 | 53 372 | 60 799 | 51 028 | 35 059 | 44 389 | 27 852 | 17 186 | 245 228 | 26 664 | 11 135 | 0 |
| Total liabilities | 475 828 | 552 448 | 628 724 | 748 831 | 968 320 | 1 067 011 | 1 335 736 | 1 160 604 | 1 290 121 | 1 066 373 | 1 053 869 | 1 431 216 | 1 193 456 | 1 069 693 | 728 960 | 367 898 |
| Share capital | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Retained earnings of previous periods | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Profit for the year | -6920 | 27 565 | 59 487 | 88 981 | 53 345 | 38 396 | 32 179 | 8118 | 8334 | 8786 | -87 942 | 170 027 | -57 778 | 98 165 | 6853 | -252 065 |
| Total equity | -4920 | 22 645 | 82 132 | 171 113 | 296 818 | 288 109 | 320 288 | 328 407 | 336 741 | 345 527 | 123 039 | 293 066 | 235 288 | 333 453 | 340 306 | 54 684 |
| Income statement | ||||||||||||||||
| Sales revenue | 821 922 | 1 175 334 | 1 528 861 | 1 804 753 | 2 709 507 | 3 105 229 | 3 409 945 | 3 333 928 | 3 580 992 | 3 572 138 | 3 255 980 | 4 325 364 | 4 294 926 | 3 926 747 | 3 194 648 | 2 583 909 |
| Operating profit | -6977 | 27 565 | 73 935 | 103 178 | 75 401 | 62 172 | 55 931 | 18 383 | 20 378 | 20 351 | -64 671 | 187 372 | -37 600 | 140 575 | 36 252 | -232 261 |
| Profit before income tax | -6920 | 27 565 | 67 349 | 95 199 | 65 470 | 47 741 | 46 721 | 8118 | 8921 | 8958 | -87 914 | 170 657 | -47 513 | 98 194 | 13 776 | -246 174 |
| Profit for the reporting year | -6920 | 27 565 | 59 487 | 88 981 | 53 345 | 38 396 | 32 179 | 8118 | 8334 | 8786 | -87 942 | 170 027 | -57 778 | 98 165 | 6853 | -252 065 |
| Labour costs | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Depreciation of non-current assets | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Other indicators | ||||||||||||||||
| Employees | 11 | 14 | 17 | 17 | 20 | 18 | 19 | 19 | 18 | 19 | 19 | 19 | 16 | 8 | 10 | 7 |
| Calculated dividend | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 134 546 | 0 | 0 | 0 | 0 | 33 557 |
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 "VET-MED"
Overview
SIA "VET-MED" (reg. no. 40103265416) is a limited liability company. The company was registered in 2009 and has been in the register for 16 years. Registered address: Mārupes nov., Mārupe, Dzirnieku iela 24.
Financial results
Revenue in 2025 was 2 583 909 €, down 19,1% on the previous year (3 194 648 €). From 2010 to 2025, revenue grew by an average of 7,9% per year. 2025 ended with a loss of 252 065 €. The company was profitable in 12 of the 16 published years. In 2025 the company had 7 employees (10 a year earlier). Revenue per employee was 369 130 €. At the end of 2025, total assets were 422 582 € and equity 54 684 € (12,9% of assets).
Management and owners
The company has one board member. The sole owner of the company is a private individual. The company holds a stake in one other active Latvian company.
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.