SIA "Convergen Energy Latvia"Active
Key figures
Ratios
2025Balance sheet structure
Dividends
calculatedNo dividends were paid.
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 | 495 080 | 348 669 | 309 900 | 374 352 | 102 038 | 83 959 | 22 670 | 45 888 | 34 306 | 11 913 | 51 910 | 70 558 | 70 558 | 61 383 | 78 601 |
| Total non-current assets | 297 161 | 647 042 | 423 759 | 1 774 161 | 3 479 474 | 5 109 771 | 5 796 659 | 5 217 183 | 4 914 334 | 4 913 348 | 4 913 265 | 5 109 326 | 5 109 326 | 5 078 554 | 5 074 160 |
| Total assets | 792 241 | 995 711 | 733 659 | 2 148 513 | 3 581 512 | 5 193 730 | 5 819 329 | 5 263 071 | 4 948 640 | 4 925 261 | 4 965 175 | 5 179 884 | 5 179 884 | 5 139 937 | 5 152 761 |
| Balance sheet — liabilities and equity | |||||||||||||||
| Current liabilities | 83 482 | 105 643 | 314 547 | 998 292 | 568 831 | 867 037 | 937 947 | 895 924 | 627 254 | 938 187 | 806 205 | 870 083 | 870 083 | 191 866 | 170 348 |
| Non-current liabilities | 864 690 | 1 444 839 | 1 608 467 | 3 505 537 | 5 890 960 | 8 048 447 | 1 769 456 | 1 795 650 | 2 077 937 | 2 205 829 | 2 626 217 | 3 306 134 | 3 306 134 | 4 795 934 | 5 231 561 |
| Total liabilities | 948 172 | 1 550 482 | 1 923 014 | 4 503 829 | 6 459 791 | 8 915 484 | 2 707 403 | 2 691 574 | 2 705 191 | 3 144 016 | 3 432 422 | 4 176 217 | 4 176 217 | 4 987 800 | 5 401 909 |
| Share capital | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Retained earnings of previous periods | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Profit for the year | -157 931 | -426 405 | -634 584 | -662 851 | -522 962 | -804 419 | -573 720 | -540 429 | -328 047 | -462 204 | -248 492 | -529 086 | -529 086 | -402 571 | -401 285 |
| Total equity | -155 931 | -582 336 | -1 216 920 | -2 394 372 | -2 917 335 | -3 721 754 | 3 111 926 | 2 571 497 | 2 243 449 | 1 781 245 | 1 532 753 | 1 003 667 | 1 003 667 | 152 137 | -249 148 |
| Income statement | |||||||||||||||
| Sales revenue | 323 944 | 1 430 892 | 126 773 | 79 830 | 145 776 | 140 204 | 145 559 | 104 900 | 72 622 | 72 975 | 44 395 | 21 132 | 21 132 | 28 163 | 10 094 |
| Operating profit | -155 656 | -390 504 | -568 346 | -575 360 | -411 847 | -685 263 | -542 444 | -500 376 | -277 647 | -400 023 | -180 948 | -444 415 | -444 415 | -398 302 | -379 663 |
| Profit before income tax | -157 931 | -426 405 | -634 584 | -662 851 | -522 962 | -804 419 | -573 720 | -540 176 | -327 795 | -461 961 | -248 243 | -528 738 | -528 738 | -402 297 | -401 176 |
| Profit for the reporting year | -157 931 | -426 405 | -634 584 | -662 851 | -522 962 | -804 419 | -573 720 | -540 429 | -328 047 | -462 204 | -248 492 | -529 086 | -529 086 | -402 571 | -401 285 |
| Labour costs | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Depreciation of non-current assets | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Other indicators | |||||||||||||||
| Employees | 11 | 26 | 21 | 21 | 21 | 20 | 17 | 17 | 16 | 16 | 16 | 15 | 15 | 16 | 14 |
| Calculated dividend | — | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 448 959 | 0 |
A dash (—) means the report has not been filed or the line is not reported; 0 is a zero stated in the report.
Connections graph
Click a node to see its other connections.
Related companies
- SIA "Dubnas siltums" — 100%
- SIA "EcoZeta" — 100%
- SIA "Latvijas Ekozeme" — 100%
- SIA "Naujenes jauda" — 100%
- SIA "Piejūra Energy" — 100%
- SIA "Remas energija" — 100%
- SIA "Vegi eco" — 100%
- Sabiedrība ar ierobežotu atbildību "Zemgaļi JR" — 100%
Summary: SIA "Convergen Energy Latvia"
Overview
SIA "Convergen Energy Latvia" (reg. no. 40103394204) is a limited liability company. The company was registered in 2011 and has been in the register for 15 years. Registered address: Rīga, Vīlandes iela 1 - 14.
Financial results
Revenue in 2025 was 10 094 €, down 64,2% on the previous year (28 163 €). From 2011 to 2025, revenue declined by an average of 21,9% per year. This is the company's lowest revenue among the published years (2011–2025). 2025 ended with a loss of 401 285 €. The company made a loss in all 15 published years. In 2025 the company had 14 employees (16 a year earlier). Revenue per employee was 721 €.
Management and owners
The company has one board member. The sole owner of the company is VISEU HOLDINGS LIMITED. The company holds stakes in 8 active Latvian companies.
Points to note
Equity was negative at the end of 2025 (-249 148 €).
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.