SIA VEDA PaintActive
Key figures
Ratios
2025Balance sheet structure
Summary of financial statements2011–2025
| 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Balance sheet — assets | |||||||||||||||
| Total current assets | 100 | 100 | 100 | 142 | 16 446 | 21 030 | 33 339 | 23 577 | 12 516 | 10 186 | 28 804 | 15 656 | 14 363 | 38 466 | 172 651 |
| Total non-current assets | 0 | 0 | 0 | 0 | 115 | 2935 | 2228 | 1699 | 1084 | 477 | 184 | 145 | 145 | 0 | 20 000 |
| Total assets | 100 | 100 | 100 | 142 | 16 561 | 23 965 | 35 567 | 25 276 | 13 600 | 10 663 | 28 988 | 15 801 | 14 508 | 38 466 | 192 651 |
| Balance sheet — liabilities and equity | |||||||||||||||
| Current liabilities | 0 | 0 | 0 | 0 | 16 371 | 19 145 | 38 046 | 30 642 | 33 526 | 46 073 | 39 905 | 58 804 | 89 955 | 17 488 | 39 388 |
| Non-current liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 88 707 | 56 703 |
| Total liabilities | 0 | 0 | 0 | 0 | 16 371 | 19 145 | 38 046 | 30 642 | 33 526 | 46 073 | 39 905 | 58 804 | 89 955 | 106 195 | 96 091 |
| Share capital | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Retained earnings of previous periods | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Profit for the year | 0 | 0 | 0 | 0 | -3542 | 4045 | -7299 | -2886 | -14 560 | -15 484 | 24 493 | -32 086 | -32 444 | 11 894 | 164 289 |
| Total equity | 100 | 100 | 100 | 142 | -3400 | 645 | -6654 | -9541 | -24 101 | -39 585 | -15 092 | -47 178 | -79 622 | -67 729 | 96 560 |
| Income statement | |||||||||||||||
| Sales revenue | 0 | 0 | 0 | 0 | 127 684 | 270 883 | 278 393 | 287 930 | 199 020 | 185 175 | 162 514 | 209 795 | 187 602 | 213 306 | 810 732 |
| Operating profit | 0 | 0 | 0 | 0 | -3514 | 4870 | -7259 | -2877 | -14 560 | -15 484 | -57 255 | -32 086 | -32 444 | 11 894 | 164 289 |
| EBITDA | 0 | 0 | 0 | — | — | — | — | — | — | — | — | — | — | — | — |
| Profit before income tax | 0 | 0 | 0 | 0 | -3514 | 4870 | -7299 | -2886 | -14 560 | -15 484 | 24 493 | -32 086 | -32 444 | 11 894 | 164 289 |
| Profit for the reporting year | 0 | 0 | 0 | 0 | -3542 | 4045 | -7299 | -2886 | -14 560 | -15 484 | 24 493 | -32 086 | -32 444 | 11 894 | 164 289 |
| Labour costs | 0 | 0 | 0 | — | — | — | — | — | — | — | — | — | — | — | — |
| Depreciation of non-current assets | 0 | 0 | 0 | — | — | — | — | — | — | — | — | — | — | — | — |
| Other indicators | |||||||||||||||
| Employees | 0 | 0 | 0 | 0 | 11 | 11 | 11 | 12 | 12 | 12 | 12 | 12 | 11 | 9 | 9 |
| Calculated dividend | — | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 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: SIA VEDA Paint
Overview
SIA VEDA Paint (reg. no. 40103313114) is a limited liability company. The company was registered in 2010 and has been in the register for 16 years. Registered address: Rīga, Ganību dambis 29A.
Financial results
Revenue in 2025 was 810 732 €, up 280% on the previous year (213 306 €). This is the company's highest revenue among the published years (2011–2025). Net profit for 2025 was 164 289 € (20,3% of revenue). The company was profitable in 4 of the 15 published years. In 2025 the company had 9 employees. Revenue per employee was 90 081 €. At the end of 2025, total assets were 192 651 € and equity 96 560 € (50,1% 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.