Vincit Accounting, SIAActive
Key figures
Ratios
2025Balance sheet structure
Dividends
calculatedPaid out in dividends approximately 118 457 € (88% 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 | 76 055 | 83 917 | 226 898 | 340 319 | 678 026 | 775 236 | 849 150 | 571 023 | 603 145 | 342 150 | 353 150 | 377 659 | 385 276 | 403 077 | 384 774 | 148 983 |
| Total non-current assets | 5901 | 9057 | 7145 | 5232 | 556 | 34 942 | 31 099 | 34 625 | 33 604 | 30 367 | 47 566 | 35 397 | 24 011 | 16 419 | 11 018 | 61 884 |
| Total assets | 81 956 | 92 974 | 234 043 | 345 551 | 678 582 | 810 178 | 880 249 | 605 648 | 636 749 | 372 517 | 400 716 | 413 056 | 409 287 | 419 496 | 395 792 | 210 867 |
| Balance sheet — liabilities and equity | ||||||||||||||||
| Current liabilities | 41 706 | 51 741 | 103 526 | 222 884 | 372 955 | 371 394 | 385 246 | 236 526 | 359 415 | 406 775 | 280 603 | 274 059 | 229 192 | 198 936 | 181 858 | 121 121 |
| Non-current liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 163 384 | 0 | 148 584 | 135 584 | 123 184 | 108 884 | 79 834 | 69 234 |
| Total liabilities | 41 706 | 51 741 | 103 526 | 222 884 | 372 955 | 371 394 | 385 246 | 236 526 | 522 799 | 406 775 | 429 187 | 409 643 | 352 376 | 307 820 | 261 692 | 190 355 |
| Share capital | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Retained earnings of previous periods | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Profit for the year | 20 250 | 983 | 89 284 | 82 151 | 277 170 | 410 327 | 466 546 | 340 665 | 85 493 | -148 208 | -94 213 | 31 884 | 53 499 | 54 765 | 22 424 | 4869 |
| Total equity | 40 250 | 41 233 | 130 517 | 122 667 | 305 627 | 438 784 | 495 003 | 369 122 | 113 950 | -34 258 | -28 471 | 3413 | 56 911 | 111 676 | 134 100 | 20 512 |
| Income statement | ||||||||||||||||
| Sales revenue | 228 215 | 339 413 | 554 693 | 753 991 | 1 781 338 | 2 139 206 | 2 345 693 | 1 844 660 | 1 191 276 | 1 114 022 | 928 329 | 963 521 | 919 781 | 917 224 | 967 132 | 909 986 |
| Operating profit | 24 213 | 2056 | 105 941 | 96 631 | 327 740 | 483 212 | 533 712 | 391 948 | 86 893 | -148 208 | -94 203 | 32 076 | 53 949 | 54 765 | 22 424 | 4869 |
| Profit before income tax | 24 213 | 2056 | 105 941 | 96 631 | 327 740 | 483 212 | 533 712 | 391 948 | 86 893 | -148 208 | -94 203 | 32 076 | 53 949 | 54 765 | 22 424 | 4869 |
| Profit for the reporting year | 20 250 | 983 | 89 284 | 82 151 | 277 170 | 410 327 | 466 546 | 340 665 | 85 493 | -148 208 | -94 213 | 31 884 | 53 499 | 54 765 | 22 424 | 4869 |
| Labour costs | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Depreciation of non-current assets | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Other indicators | ||||||||||||||||
| Employees | 7 | 11 | 15 | 20 | 32 | 38 | 37 | 34 | 25 | 27 | 27 | 23 | 18 | 15 | 15 | 15 |
| Calculated dividend | — | 0 | 0 | 90 000 | 146 083 | 277 170 | 410 327 | 466 546 | 340 665 | 0 | 0 | 0 | 0 | 0 | 0 | 118 457 |
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: Vincit Accounting, SIA
Overview
Vincit Accounting, SIA (reg. no. 40103283479) is a limited liability company. The company was registered in 2010 and has been in the register for 16 years. Registered address: Rīga, Elizabetes iela 23.
Financial results
Revenue in 2025 was 909 986 €, down 5,9% on the previous year (967 132 €). From 2010 to 2025, revenue grew by an average of 9,7% per year. Net profit for 2025 was 4869 € (0,5% of revenue). The company was profitable in 14 of the 16 published years. In 2025 the company had 15 employees. Revenue per employee was 60 666 €. At the end of 2025, total assets were 210 867 € and equity 20 512 € (9,7% of assets).
Management and owners
The board has 2 members. The sole owner of the company is Vincit Advisory, 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.