Visma Labs SIAActive
Key figures
Ratios
2025Balance sheet structure
Dividends
from the reportNo dividends were paid.
Summary of financial statements2015–2025
| 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Balance sheet — assets | |||||||||||
| Total current assets | 215 411 | 555 367 | 1 112 210 | 1 941 587 | 3 134 034 | 2 954 994 | 3 678 139 | 5 941 540 | 8 138 947 | 7 137 904 | 8 746 951 |
| Total non-current assets | 73 743 | 94 109 | 263 936 | 388 295 | 642 106 | 611 085 | 515 329 | 454 851 | 357 484 | 287 529 | 222 449 |
| Total assets | 289 154 | 649 476 | 1 376 146 | 2 329 882 | 3 776 140 | 3 566 079 | 4 193 468 | 6 396 391 | 8 496 431 | 7 425 433 | 8 969 400 |
| Balance sheet — liabilities and equity | |||||||||||
| Current liabilities | 132 771 | 344 142 | 627 560 | 1 114 582 | 1 544 924 | 1 964 546 | 1 427 861 | 1 904 154 | 2 274 912 | 2 311 031 | 2 096 754 |
| Non-current liabilities | 0 | 277 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total liabilities | 132 771 | 344 419 | 627 560 | 1 114 582 | 1 544 924 | 1 964 546 | 1 427 861 | 1 904 154 | 2 274 912 | 2 311 031 | 2 096 754 |
| Share capital | — | — | — | — | — | — | — | — | — | — | — |
| Retained earnings of previous periods | — | — | — | — | — | — | — | — | — | — | — |
| Profit for the year | -193 617 | 148 674 | 443 529 | 466 714 | 1 015 916 | 651 533 | 1 164 074 | 1 726 630 | 1 729 282 | 1 308 490 | 1 758 244 |
| Total equity | 156 383 | 305 057 | 748 586 | 1 215 300 | 2 231 216 | 1 601 533 | 2 765 607 | 4 492 237 | 6 221 519 | 5 114 402 | 6 872 646 |
| Income statement | |||||||||||
| Sales revenue | 471 443 | 2 189 247 | 4 547 993 | 7 428 066 | 11 159 696 | 12 580 034 | 14 267 824 | 16 428 013 | 17 806 962 | 18 145 509 | 17 753 508 |
| Operating profit | -227 081 | 183 961 | 526 535 | 475 659 | 1 032 382 | 875 905 | 1 175 103 | 1 742 093 | 1 744 206 | 1 927 129 | 1 785 465 |
| Profit before income tax | -227 040 | 182 374 | 526 535 | 475 659 | 1 032 382 | 875 905 | 1 175 103 | 1 742 093 | 1 744 206 | 1 927 129 | 1 785 465 |
| Profit for the reporting year | -193 617 | 148 674 | 443 529 | 466 714 | 1 015 916 | 651 533 | 1 164 074 | 1 726 630 | 1 729 282 | 1 308 490 | 1 758 244 |
| Labour costs | — | — | — | — | — | — | — | — | — | — | — |
| Depreciation of non-current assets | — | — | — | — | — | — | — | — | — | — | — |
| Other indicators | |||||||||||
| Employees | 12 | 44 | 86 | 139 | 201 | 230 | 256 | 273 | 279 | 272 | 253 |
| Calculated dividend | 0 | 0 | 0 | 0 | 0 | 1 064 596 | 0 | 0 | 0 | 2 415 607 | 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: Visma Labs SIA
Overview
Visma Labs SIA (reg. no. 40103863798) is a limited liability company. The company was registered in 2015 and has been in the register for 11 years. Registered address: Rīga, Sporta iela 11.
Financial results
Revenue in 2025 was 17 753 508 €, down 2,2% on the previous year (18 145 509 €). From 2015 to 2025, revenue grew by an average of 43,7% per year. Net profit for 2025 was 1 758 244 € (9,9% of revenue). The company was profitable in 10 of the 11 published years. In 2025 the company had 253 employees (272 a year earlier). Revenue per employee was 70 172 €. At the end of 2025, total assets were 8 969 400 € and equity 6 872 646 € (76,6% of assets).
Management and owners
The board has 4 members. The sole owner of the company is Visma Latvia Holding,.
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.