Sabiedrība ar ierobežotu atbildību "LVDE"Active
Key figures
Ratios
2025Balance sheet structure
Dividends
calculatedPaid out in dividends approximately 39 000 € (76% 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 statements2012–2025
| 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Balance sheet — assets | ||||||||||||||
| Total current assets | 18 156 | 11 193 | 78 259 | 91 884 | 139 365 | 449 717 | 738 874 | 510 606 | 353 082 | 498 634 | 324 730 | 244 551 | 313 020 | 668 436 |
| Total non-current assets | 649 | 342 | 50 | 3441 | 14 187 | 34 121 | 62 981 | 88 955 | 61 486 | 42 947 | 34 061 | 42 538 | 51 784 | 50 870 |
| Total assets | 18 805 | 11 535 | 78 309 | 95 325 | 153 552 | 483 838 | 801 855 | 599 561 | 414 568 | 541 581 | 358 791 | 287 089 | 364 804 | 719 306 |
| Balance sheet — liabilities and equity | ||||||||||||||
| Current liabilities | 2675 | 0 | 45 948 | 47 741 | 101 199 | 409 635 | 365 949 | 165 292 | 191 235 | 333 465 | 268 772 | 184 535 | 276 745 | 650 325 |
| Non-current liabilities | 0 | 242 | 0 | 0 | 7102 | 11 507 | 27 407 | 15 130 | 6166 | 5561 | 1099 | 20 805 | 36 553 | 18 737 |
| Total liabilities | 2675 | 242 | 45 948 | 47 741 | 108 301 | 421 142 | 393 356 | 180 422 | 197 401 | 339 026 | 269 871 | 205 340 | 313 298 | 669 062 |
| Share capital | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Retained earnings of previous periods | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Profit for the year | 14 130 | 9165 | 29 098 | 44 222 | 41 780 | 59 667 | 405 470 | 161 640 | -156 972 | 45 388 | 16 307 | 27 829 | 19 757 | 37 738 |
| Total equity | 16 130 | 11 293 | 32 361 | 47 584 | 45 251 | 62 696 | 408 499 | 419 139 | 217 167 | 202 555 | 88 920 | 81 749 | 51 506 | 50 244 |
| Income statement | ||||||||||||||
| Sales revenue | 20 943 | 22 000 | 96 682 | 235 532 | 1 145 190 | 1 739 321 | 3 572 660 | 2 428 591 | 1 676 319 | 2 750 593 | 2 632 254 | 2 569 718 | 2 886 603 | 1 665 639 |
| Operating profit | 16 558 | 10 803 | 34 289 | 51 748 | 49 569 | 70 301 | 406 852 | 197 940 | -148 283 | 60 929 | 49 123 | 35 581 | 34 719 | 49 355 |
| Profit before income tax | 16 558 | 10 803 | 34 289 | 51 748 | 49 451 | 69 871 | 405 859 | 196 890 | -149 097 | 60 388 | 48 807 | 34 955 | 32 257 | 47 488 |
| Profit for the reporting year | 14 130 | 9165 | 29 098 | 44 222 | 41 780 | 59 667 | 405 470 | 161 640 | -156 972 | 45 388 | 16 307 | 27 829 | 19 757 | 37 738 |
| Labour costs | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Depreciation of non-current assets | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Other indicators | ||||||||||||||
| Employees | 1 | 1 | 4 | 9 | 15 | 19 | 19 | 21 | 25 | 22 | 21 | 21 | 17 | 17 |
| Calculated dividend | — | 14 002 | 8030 | 28 999 | 44 113 | 42 222 | 59 667 | 151 000 | 45 000 | 60 000 | 129 942 | 35 000 | 50 000 | 39 000 |
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: Sabiedrība ar ierobežotu atbildību "LVDE"
Overview
Sabiedrība ar ierobežotu atbildību "LVDE" (reg. no. 40103497697) is a limited liability company. The company was registered in 2012 and has been in the register for 14 years. Registered address: Rīga, Strazdumuižas iela 12 - 42.
Financial results
Revenue in 2025 was 1 665 639 €, down 42,3% on the previous year (2 886 603 €). From 2012 to 2025, revenue grew by an average of 40,0% per year. Net profit for 2025 was 37 738 € (2,3% of revenue). The company was profitable in 13 of the 14 published years. In 2025 the company had 17 employees. Revenue per employee was 97 979 €. At the end of 2025, total assets were 719 306 € and equity 50 244 € (7,0% of assets).
Management and owners
The board has 2 members. 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 02.11.2026. Changes, averages and ratios are calculated by entity.lv from open data and are not an official assessment.