SIA "VEREX LOGISTICS"Active
Key figures
Ratios
2025Balance sheet structure
Dividends
calculatedPaid out in dividends approximately 32 001 € (27% 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 statements2014–2025
| 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Balance sheet — assets | ||||||||||||
| Total current assets | 16 291 | 136 826 | 268 382 | 273 005 | 225 591 | 296 834 | 479 788 | 374 782 | 911 836 | 349 728 | 300 367 | 540 344 |
| Total non-current assets | 0 | 961 | 3384 | 5173 | 5236 | 9723 | 11 207 | 15 181 | 10 096 | 6383 | 5429 | 3276 |
| Total assets | 16 291 | 137 787 | 271 766 | 278 178 | 230 827 | 306 557 | 490 995 | 389 963 | 921 932 | 356 111 | 305 796 | 543 620 |
| Balance sheet — liabilities and equity | ||||||||||||
| Current liabilities | 13 482 | 125 271 | 246 179 | 249 204 | 197 106 | 264 239 | 445 489 | 332 674 | 781 980 | 157 253 | 185 903 | 463 871 |
| Non-current liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 378 | 0 |
| Total liabilities | 13 482 | 125 271 | 246 179 | 249 204 | 197 106 | 264 239 | 445 489 | 332 674 | 781 980 | 157 253 | 186 281 | 463 871 |
| Share capital | — | — | — | — | — | — | — | — | — | — | — | — |
| Retained earnings of previous periods | — | — | — | — | — | — | — | — | — | — | — | — |
| Profit for the year | 9 | 9707 | 13 071 | 3387 | 4747 | 34 771 | 3188 | 11 783 | 82 663 | 58 906 | -24 756 | -7765 |
| Total equity | 2809 | 12 516 | 25 587 | 28 974 | 33 721 | 42 318 | 45 506 | 57 289 | 139 952 | 198 858 | 119 515 | 79 749 |
| Income statement | ||||||||||||
| Sales revenue | 15 689 | 690 681 | 1 010 749 | 1 587 587 | 1 313 131 | 1 861 424 | 2 810 788 | 4 826 510 | 6 039 674 | 3 461 230 | 2 127 533 | 2 974 592 |
| Operating profit | 11 | 11 055 | 15 213 | 3300 | 4747 | 34 771 | 3188 | 11 783 | 84 126 | 58 578 | -11 131 | -2074 |
| Profit before income tax | 11 | 11 055 | 15 213 | 7876 | 4747 | 34 771 | 3188 | 11 783 | 84 126 | 58 906 | -11 006 | 235 |
| Profit for the reporting year | 9 | 9707 | 13 071 | 3387 | 4747 | 34 771 | 3188 | 11 783 | 82 663 | 58 906 | -24 756 | -7765 |
| Labour costs | — | — | — | — | — | — | — | — | — | — | — | — |
| Depreciation of non-current assets | — | — | — | — | — | — | — | — | — | — | — | — |
| Other indicators | ||||||||||||
| Employees | 1 | 2 | 2 | 4 | 3 | 3 | 5 | 17 | 17 | 19 | 20 | 7 |
| Calculated dividend | — | 0 | 0 | 0 | 0 | 26 174 | 0 | 0 | 0 | 0 | 54 587 | 32 001 |
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 "VEREX LOGISTICS"
Overview
SIA "VEREX LOGISTICS" (reg. no. 40103803341) is a limited liability company. The company was registered in 2014 and has been in the register for 12 years. Registered address: Rīga, Ilzenes iela 2.
Financial results
Revenue in 2025 was 2 974 592 €, up 39,8% on the previous year (2 127 533 €). From 2014 to 2025, revenue grew by an average of 61,1% per year. 2025 ended with a loss of 7765 €. The company was profitable in 10 of the 12 published years. In 2025 the company had 7 employees (20 a year earlier). Revenue per employee was 424 942 €. At the end of 2025, total assets were 543 620 € and equity 79 749 € (14,7% of assets).
Management and owners
The company has one board member. According to the register, the company has 2 owners. The largest stake (50%) is held by 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.