SIA "VS Company"Active
Key figures
Ratios
2025Balance sheet structure
Dividends
calculatedPaid out in dividends approximately 128 439 € (98% 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 statements2015–2025
| 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Balance sheet — assets | |||||||||||
| Total current assets | 160 | 17 902 | 28 600 | 30 257 | 28 835 | 41 256 | 45 936 | 110 029 | 278 974 | 163 755 | 377 383 |
| Total non-current assets | 600 | 1576 | 1521 | 2447 | 5003 | 2255 | 106 | 2899 | 4184 | 4011 | 10 211 |
| Total assets | 760 | 19 478 | 30 121 | 32 704 | 33 838 | 43 511 | 46 042 | 112 928 | 283 158 | 167 766 | 387 594 |
| Balance sheet — liabilities and equity | |||||||||||
| Current liabilities | 68 | 8183 | 4979 | 4007 | 3293 | 29 910 | 14 054 | 41 993 | 91 892 | 36 439 | 273 697 |
| Non-current liabilities | 0 | 5000 | 0 | 6594 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total liabilities | 68 | 13 183 | 4979 | 10 601 | 3293 | 29 910 | 14 054 | 41 993 | 91 892 | 36 439 | 273 697 |
| Share capital | — | — | — | — | — | — | — | — | — | — | — |
| Retained earnings of previous periods | — | — | — | — | — | — | — | — | — | — | — |
| Profit for the year | 690 | 2805 | 22 342 | 19 303 | 27 745 | 3056 | 27 812 | 58 860 | 186 444 | 125 438 | 111 009 |
| Total equity | 692 | 6295 | 25 142 | 22 103 | 30 545 | 13 601 | 31 988 | 70 935 | 191 266 | 131 327 | 113 897 |
| Income statement | |||||||||||
| Sales revenue | 1895 | 48 967 | 72 032 | 70 667 | 145 611 | 198 495 | 274 750 | 478 778 | 710 638 | 630 332 | 873 853 |
| Operating profit | 738 | 3178 | 26 288 | 19 303 | 62 760 | 75 144 | 110 452 | 160 045 | 289 059 | 140 412 | 229 997 |
| Profit before income tax | 738 | 3178 | 26 288 | 19 303 | 62 745 | 75 120 | 110 452 | 160 045 | 289 059 | 140 276 | 229 997 |
| Profit for the reporting year | 690 | 2805 | 22 342 | 19 303 | 27 745 | 3056 | 27 812 | 58 860 | 186 444 | 125 438 | 111 009 |
| Labour costs | — | — | — | — | — | — | — | — | — | — | — |
| Depreciation of non-current assets | — | — | — | — | — | — | — | — | — | — | — |
| Other indicators | |||||||||||
| Employees | 1 | 2 | 3 | 3 | 3 | 4 | 5 | 7 | 10 | 12 | 13 |
| Calculated dividend | — | 0 | 3495 | 22 342 | 19 303 | 20 000 | 9425 | 19 913 | 66 113 | 185 377 | 128 439 |
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 "VS Company"
Overview
SIA "VS Company" (reg. no. 40103904668) is a limited liability company. The company was registered in 2015 and has been in the register for 11 years. Registered address: Rīga, Viršu iela 9 - 23.
Financial results
Revenue in 2025 was 873 853 €, up 38,6% on the previous year (630 332 €). From 2015 to 2025, revenue grew by an average of 84,7% per year. This is the company's highest revenue among the published years (2015–2025). Net profit for 2025 was 111 009 € (12,7% of revenue). The company was profitable in all 11 published years. In 2025 the company had 13 employees (12 a year earlier). Revenue per employee was 67 219 €. At the end of 2025, total assets were 387 594 € and equity 113 897 € (29,4% of assets).
Management and owners
The board has 2 members. 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.