SIA "Vanags solutions"Active

40103425928Limited liability companyFounded 2011

Key figures

14 302 €+65,1%
Revenue 2025
+8,3%
Average annual growth 2013–2025
05 k10 k15 k’13’15’16’17’18’19’20’21’22’23’24’25

Ratios

2025
Balance sheet structure
Current assetsNon-current assetsLiabilitiesEquity
0100 k200 k300 k’13’15’16’17’18’19’20’21’22’23’24’25
Summary of financial statements2013–2025
201320152016201720182019202020212022202320242025
Balance sheet — assets
Total current assets35061958 19717642273436932753474499412 17214 2823645
Total non-current assets23 27842 80247 94693 57163 03470 21974 21675 20375 20312 74012 128201 078
Total assets23 62843 421106 14395 33565 30774 58877 49178 67780 19724 91226 410204 723
Balance sheet — liabilities and equity
Current liabilities10512273202478767815152077313340580690127 473
Non-current liabilities980724 67985 32175 31743 02050 25751 23352 89556 2420053 077
Total liabilities10 85826 95287 34576 10443 69851 77253 31053 20856 582580690180 550
Share capital————————————
Retained earnings of previous periods————————————
Profit for the year1164355923294332378120713661288-18547171388-1547
Total equity12 77016 46918 79819 23121 60922 81624 18125 46923 61524 33225 72024 173
Income statement
Sales revenue5948741080816188823976136964574330858572866114 302
Operating profit1184443233894912378154716922215-142911311438261
Profit before income tax1277437425524912378125714161338-18047671438-1497
Profit for the reporting year1164355923294332378120713661288-18547171388-1547
Labour costs————————————
Depreciation of non-current assets————————————
Other indicators
Employees100000111111
Calculated dividend——0000000000

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100%50%SIA "Vanags solutions"8Duburs MiksSIA IRV Baltic
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Summary: SIA "Vanags solutions"

Overview

SIA "Vanags solutions" (reg. no. 40103425928) is a limited liability company. The company was registered in 2011 and has been in the register for 15 years. Registered address: Rīga, Jāņa Asara iela 12 k-1 - 2.

Financial results

Revenue in 2025 was 14 302 €, up 65,1% on the previous year (8661 €). From 2013 to 2025, revenue grew by an average of 8,3% per year. This is the company's highest revenue among the published years (2013–2025). 2025 ended with a loss of 1547 €. The company was profitable in 10 of the 12 published years. In 2025 the company had 1 employees. Revenue per employee was 14 302 €. At the end of 2025, total assets were 204 723 € and equity 24 173 € (11,8% of assets).

Management and owners

The company has one board member. The sole owner of the company is a private individual. The company holds a stake in one other active Latvian company.

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.