SIA "Vendon"Active
Key figures
Ratios
2025Balance sheet structure
Dividends
from the reportNo 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 | 108 071 | 35 534 | 133 239 | 96 630 | 149 303 | 193 568 | 550 854 | 672 969 | 1 008 487 | 1 251 904 | 1 610 916 | 2 866 623 | 4 405 641 | 5 413 301 | 7 373 668 |
| Total non-current assets | 3268 | 16 214 | 112 697 | 106 916 | 818 815 | 902 120 | 380 202 | 544 801 | 666 560 | 969 367 | 1 191 310 | 927 310 | 451 468 | 153 612 | 78 431 |
| Total assets | 111 339 | 51 748 | 245 936 | 203 546 | 968 118 | 1 095 688 | 931 056 | 1 217 770 | 1 675 047 | 2 221 271 | 2 802 226 | 3 793 933 | 4 857 109 | 5 566 913 | 7 452 099 |
| Balance sheet — liabilities and equity | |||||||||||||||
| Current liabilities | 13 742 | 17 204 | 35 841 | 124 739 | 245 817 | 92 051 | 308 749 | 748 567 | 343 589 | 329 583 | 313 913 | 375 711 | 573 566 | 628 512 | 693 861 |
| Non-current liabilities | 0 | 0 | 0 | 6541 | 150 961 | 400 000 | 400 000 | 15 614 | 9062 | 1835 | 0 | 0 | 0 | 0 | 0 |
| Total liabilities | 13 742 | 17 204 | 35 841 | 131 280 | 396 778 | 492 051 | 708 749 | 764 181 | 352 651 | 331 418 | 313 913 | 375 711 | 573 566 | 628 512 | 693 861 |
| Share capital | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Retained earnings of previous periods | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Profit for the year | -56 717 | -311 343 | -218 858 | -227 584 | -46 300 | 119 573 | -143 578 | 231 282 | 241 255 | 567 457 | 598 460 | 309 384 | 865 320 | 1 654 858 | 1 819 837 |
| Total equity | 97 597 | 32 267 | 206 979 | 66 920 | 562 135 | 603 637 | 222 307 | 453 589 | 1 322 396 | 1 889 853 | 2 488 313 | 3 418 222 | 4 283 543 | 4 938 401 | 6 758 238 |
| Income statement | |||||||||||||||
| Sales revenue | 8853 | 43 948 | 190 923 | 520 462 | 668 265 | 914 157 | 1 271 462 | 1 720 150 | 2 283 920 | 2 459 741 | 3 041 596 | 4 094 660 | 6 987 510 | 8 737 537 | 8 641 709 |
| Operating profit | -56 607 | -311 500 | -218 858 | -226 544 | -44 831 | 120 677 | -89 973 | 284 931 | 304 704 | 567 942 | 601 789 | 310 841 | 866 211 | 1 662 500 | 1 826 866 |
| Profit before income tax | -56 717 | -311 343 | -218 858 | -227 584 | -46 272 | 119 573 | -143 578 | 231 373 | 242 950 | 567 620 | 601 645 | 310 833 | 866 211 | 1 662 500 | 1 826 866 |
| Profit for the reporting year | -56 717 | -311 343 | -218 858 | -227 584 | -46 300 | 119 573 | -143 578 | 231 282 | 241 255 | 567 457 | 598 460 | 309 384 | 865 320 | 1 654 858 | 1 819 837 |
| Labour costs | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Depreciation of non-current assets | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Other indicators | |||||||||||||||
| Employees | 1 | 6 | 5 | 7 | 9 | 10 | 13 | 20 | 23 | 24 | 32 | 35 | 37 | 40 | 42 |
| Calculated dividend | — | 0 | 0 | 0 | 0 | 78 071 | 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 "Vendon"
Overview
SIA "Vendon" (reg. no. 40103422387) is a limited liability company. The company was registered in 2011 and has been in the register for 15 years. Registered address: Rīga, Republikas laukums 2A.
Financial results
Revenue in 2025 was 8 641 709 €, down 1,1% on the previous year (8 737 537 €). From 2011 to 2025, revenue grew by an average of 63,5% per year. Net profit for 2025 was 1 819 837 € (21,1% of revenue). The company was profitable in 9 of the 15 published years. In 2025 the company had 42 employees (40 a year earlier). Revenue per employee was 205 755 €. At the end of 2025, total assets were 7 452 099 € and equity 6 758 238 € (90,7% of assets).
Management and owners
The company has one board member. The sole owner of the company is AZKOYEN VENDING & PAYMENT SOLUTIONS SL.
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 02.11.2026. Changes, averages and ratios are calculated by entity.lv from open data and are not an official assessment.