SIA ARVEL GROUPActive
Key figures
Ratios
2023Balance sheet structure
Summary of financial statements2013–2023
| 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Balance sheet — assets | |||||||||||
| Total current assets | 550 | 798 | 206 | 195 | 296 | 653 | 441 | 441 | 1152 | 30 686 | 29 861 |
| Total non-current assets | 517 | 504 | 140 | 35 | 683 | 683 | 526 | 526 | 0 | 0 | 0 |
| Total assets | 1067 | 1302 | 346 | 230 | 979 | 1336 | 967 | 967 | 1152 | 30 686 | 29 861 |
| Balance sheet — liabilities and equity | |||||||||||
| Current liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1380 | 1101 | 178 |
| Non-current liabilities | 1051 | 2034 | 1879 | 2285 | 3289 | 3572 | 3226 | 3226 | 2494 | 0 | 0 |
| Total liabilities | 1051 | 2034 | 1879 | 2285 | 3289 | 3572 | 3226 | 3226 | 3874 | 1101 | 178 |
| Share capital | — | — | — | — | — | — | — | — | — | — | — |
| Retained earnings of previous periods | — | — | — | — | — | — | — | — | — | — | — |
| Profit for the year | -1984 | -755 | -801 | -523 | -206 | -68 | -23 | 0 | -463 | 32 352 | 99 |
| Total equity | 16 | -732 | -1533 | -2055 | -2310 | -2236 | -2259 | -2259 | -2722 | 29 585 | 29 683 |
| Income statement | |||||||||||
| Sales revenue | 3992 | 2541 | 2133 | 1913 | 3913 | 3995 | 3045 | 0 | 1420 | 42 000 | 420 |
| Operating profit | -1978 | -755 | -801 | -523 | -206 | -68 | -23 | 0 | -413 | 32 356 | 149 |
| EBITDA | — | — | — | -523 | — | — | — | — | — | — | — |
| Profit before income tax | -1984 | -755 | -801 | -523 | -206 | -68 | -23 | 0 | -413 | 32 352 | 149 |
| Profit for the reporting year | -1984 | -755 | -801 | -523 | -206 | -68 | -23 | 0 | -463 | 32 352 | 99 |
| Labour costs | — | — | — | 0 | — | — | — | — | — | — | — |
| Depreciation of non-current assets | — | — | — | 0 | — | — | — | — | — | — | — |
| Other indicators | |||||||||||
| Employees | 0 | 0 | 1 | 1 | 1 | 1 | 1 | 1 | 2 | 2 | 1 |
| Calculated dividend | — | 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 ARVEL GROUP
Overview
SIA ARVEL GROUP (reg. no. 40103586035) is a limited liability company. The company was registered in 2012 and has been in the register for 14 years. Registered address: Valmieras nov., Kocēnu pag., Brandeļi, "Jaunpīlādži".
Financial results
Revenue in 2023 was 420 €, down 99,0% on the previous year (42 000 €). From 2013 to 2023, revenue declined by an average of 20,2% per year. Net profit for 2023 was 99 € (23,6% of revenue). The company was profitable in 2 of the 11 published years. In 2023 the company had 1 employees (2 a year earlier). Revenue per employee was 420 €. At the end of 2023, total assets were 29 861 € and equity 29 683 € (99,4% of assets).
Management and owners
The company has one board member. The sole owner of the company is a private individual.
Points to note
The latest published annual report is for 2023.
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.