Sabiedrība ar ierobežotu atbildību "Vario Fitness Equipment"Active

40103771173Limited liability companyFounded 2014

Key figures

4 239 893 €+70,7%
Revenue 2025
+24,0%
Average annual growth 2014–2025
02 m4 m6 m’14’15’16’17’18’19’20’21’22’23’24’25

Ratios

2025
Balance sheet structure
Current assetsNon-current assetsLiabilitiesEquity
01 m2 m’14’15’16’17’18’19’20’21’22’23’24’25

Dividends

calculated
2025

Paid out in dividends approximately 105 533 € (22% 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).

History
2025 ~105 533 €
2024 ~50 001 €
2023 ~74 185 €
2022 ~53 999 €
20210 €
2020 ~1523 €
2019 ~159 052 €
2018 ~25 000 €
2017 ~70 902 €
20160 €
20150 €
Summary of financial statements2014–2025
201420152016201720182019202020212022202320242025
Balance sheet — assets
Total current assets57 988159 203283 981353 958553 620287 978439 216802 522290 350417 030846 171906 189
Total non-current assets15 41570 251109 70999 542128 74892 04141 21029 60855 19340 082133 192902 890
Total assets73 403229 454393 690453 500682 368380 019480 426832 130345 543457 112979 3631 809 079
Balance sheet — liabilities and equity
Current liabilities37 578135 021232 092178 752412 02288 40187 616393 392107 143242 380449 984644 046
Non-current liabilities000012 74225 49419 47014 4799345421847 12547 729
Total liabilities37 578135 021232 092178 752424 764113 895107 086407 871116 488246 598497 109691 775
Share capital————————————
Retained earnings of previous periods————————————
Profit for the year33 02554 87170 902184 0527856167 572108 73950 922-141 20555 644321 741740 583
Total equity35 82590 696161 598274 748257 604266 124373 340424 259229 055210 514482 2541 117 304
Income statement
Sales revenue397 275811 579790 1511 484 9151 318 5832 047 5931 275 6951 311 0611 268 1431 811 3322 484 5094 239 893
Operating profit37 85160 88485 424221 61116 007172 485111 21652 418-125 72358 952340 371779 232
Profit before income tax37 85160 88485 424221 61114 162170 910110 46151 605-126 86057 490338 587775 716
Profit for the reporting year33 02554 87170 902184 0527856167 572108 73950 922-141 20555 644321 741740 583
Labour costs————————————
Depreciation of non-current assets————————————
Other indicators
Employees543345455655
Calculated dividend—0070 90225 000159 0521523053 99974 18550 001105 533

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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100%Sabiedrība ar ierobež…1Kuzņecovs Pāvels
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Related companies

Shared members or board members
Same registered address

Summary: Sabiedrība ar ierobežotu atbildību "Vario Fitness Equipment"

Overview

Sabiedrība ar ierobežotu atbildību "Vario Fitness Equipment" (reg. no. 40103771173) is a limited liability company. The company was registered in 2014 and has been in the register for 12 years. Registered address: Rīga, Brīvības iela 40 - 32A.

Financial results

Revenue in 2025 was 4 239 893 €, up 70,7% on the previous year (2 484 509 €). From 2014 to 2025, revenue grew by an average of 24,0% per year. This is the company's highest revenue among the published years (2014–2025). Net profit for 2025 was 740 583 € (17,5% of revenue). The company was profitable in 11 of the 12 published years. In 2025 the company had 5 employees. Revenue per employee was 847 979 €. At the end of 2025, total assets were 1 809 079 € and equity 1 117 304 € (61,8% of assets).

Management and owners

The company has one board member. 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 03.11.2026. Changes, averages and ratios are calculated by entity.lv from open data and are not an official assessment.