Sabiedrība ar ierobežotu atbildību "VAG Technics"Active
Key figures
Ratios
2025Balance sheet structure
Dividends
calculatedPaid out in dividends approximately 79 000 € (28% 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 statements2013–2025
| 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Balance sheet — assets | |||||||||||||
| Total current assets | 18 023 | 59 869 | 84 255 | 72 785 | 78 699 | 66 322 | 54 521 | 22 418 | 69 613 | 257 124 | 207 512 | 156 699 | 145 497 |
| Total non-current assets | 91 256 | 122 288 | 116 048 | 226 059 | 227 102 | 343 640 | 417 577 | 478 673 | 580 642 | 275 494 | 224 096 | 173 893 | 128 195 |
| Total assets | 109 279 | 182 157 | 200 303 | 298 844 | 305 801 | 409 962 | 472 098 | 501 091 | 650 255 | 532 618 | 431 608 | 330 592 | 273 692 |
| Balance sheet — liabilities and equity | |||||||||||||
| Current liabilities | 60 614 | 20 217 | 18 774 | 58 365 | 64 884 | 74 166 | 170 416 | 91 039 | 109 055 | 28 694 | 26 133 | 29 679 | 32 754 |
| Non-current liabilities | 0 | 53 533 | 34 481 | 74 397 | 51 724 | 103 491 | 59 577 | 79 411 | 57 679 | 57 677 | 32 071 | 15 739 | 4708 |
| Total liabilities | 60 614 | 73 750 | 53 255 | 132 762 | 116 608 | 177 657 | 229 993 | 170 450 | 166 734 | 86 371 | 58 204 | 45 418 | 37 462 |
| Share capital | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Retained earnings of previous periods | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Profit for the year | 23 774 | 57 163 | 64 687 | 48 998 | 46 111 | 93 111 | 118 210 | 93 060 | 189 880 | 13 725 | 21 157 | 28 770 | 30 056 |
| Total equity | 48 665 | 108 407 | 147 048 | 166 082 | 189 193 | 232 305 | 242 105 | 330 641 | 483 521 | 446 247 | 373 404 | 285 174 | 236 230 |
| Income statement | |||||||||||||
| Sales revenue | 156 250 | 278 148 | 333 817 | 398 391 | 376 698 | 434 134 | 502 662 | 458 774 | 652 939 | 652 244 | 573 095 | 548 445 | 537 354 |
| Operating profit | 26 928 | 69 528 | 78 976 | 62 338 | 58 937 | 97 942 | 122 842 | 99 106 | 203 970 | 30 282 | 47 936 | 60 228 | 51 070 |
| Profit before income tax | 24 252 | 66 072 | 76 702 | 59 335 | 56 090 | 93 142 | 118 210 | 94 191 | 199 151 | 26 725 | 44 407 | 58 020 | 49 806 |
| Profit for the reporting year | 23 774 | 57 163 | 64 687 | 48 998 | 46 111 | 93 111 | 118 210 | 93 060 | 189 880 | 13 725 | 21 157 | 28 770 | 30 056 |
| Labour costs | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Depreciation of non-current assets | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Other indicators | |||||||||||||
| Employees | 7 | 6 | 7 | 8 | 10 | 11 | 13 | 13 | 13 | 11 | 11 | 11 | 9 |
| Calculated dividend | — | 0 | 26 046 | 29 964 | 23 000 | 49 999 | 108 410 | 4524 | 37 000 | 50 999 | 94 000 | 117 000 | 79 000 |
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 "VAG Technics"
Overview
Sabiedrība ar ierobežotu atbildību "VAG Technics" (reg. no. 40103275170) is a limited liability company. The company was registered in 2010 and has been in the register for 16 years. Registered address: Rīga, Jāņavārtu iela 19.
Financial results
Revenue in 2025 was 537 354 €, down 2,0% on the previous year (548 445 €). From 2013 to 2025, revenue grew by an average of 10,8% per year. Net profit for 2025 was 30 056 € (5,6% of revenue). The company was profitable in all 13 published years. In 2025 the company had 9 employees (11 a year earlier). Revenue per employee was 59 706 €. At the end of 2025, total assets were 273 692 € and equity 236 230 € (86,3% 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.