"VaV" SIAActive

40103976153Limited liability companyFounded 2016

Key figures

1 293 004 €-18,9%
Revenue 2025
+51,4%
Average annual growth 2016–2025
0500 k1 m1,5 m2 m’16’17’18’19’20’21’22’23’24’25

Ratios

2025
Balance sheet structure
Current assetsNon-current assetsLiabilitiesEquity
0200 k400 k600 k’16’17’18’19’20’21’22’23’24’25

Dividends

calculated
2025

No dividends were paid.

History
20250 €
2024 ~8101 €
2023 ~40 000 €
20220 €
20210 €
20200 €
20190 €
20180 €
20170 €
Summary of financial statements2016–2025
2016201720182019202020212022202320242025
Balance sheet — assets
Total current assets21 77469 177150 608190 840201 708218 345179 677143 260250 527270 653
Total non-current assets14 5888238114 588247 734251 654173 332131 476141 460113 07895 002
Total assets36 36277 415265 196438 574453 362391 677311 153284 720363 605365 655
Balance sheet — liabilities and equity
Current liabilities33 90822 516139 983251 196200 960194 007151 100142 411229 314238 848
Non-current liabilities060 00060 00060 000111 97294 75220 827049 58942 130
Total liabilities33 90882 516199 983311 196312 932288 759171 927142 411278 903280 978
Share capital——————————
Retained earnings of previous periods——————————
Profit for the year1954-755570 31462 16513 052-39 81236 30843 083-49 506-25
Total equity2454-510165 213127 378140 430102 918139 226142 30984 70284 677
Income statement
Sales revenue30 89143 338600 2931 359 6441 311 170841 5821 101 6201 346 1961 595 2611 293 004
Operating profit1954-755570 31460 41613 706-33 76337 69853 728-48 3274873
Profit before income tax1954-755570 31462 21413 052-39 81236 30853 575-47 254-25
Profit for the reporting year1954-755570 31462 16513 052-39 81236 30843 083-49 506-25
Labour costs——————————
Depreciation of non-current assets——————————
Other indicators
Employees322537382423243427
Calculated dividend—00000040 00081010

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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75%25%19%81%"VaV" SIASIA "MVG Capital"1Galstyan HaykSabiedrība ar ierobež…
CompanyPersonShareholderOther roleAdditional link

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Summary: "VaV" SIA

Overview

"VaV" SIA (reg. no. 40103976153) is a limited liability company. The company was registered in 2016 and has been in the register for 10 years. Registered address: Rīga, Dzirnavu iela 41 - 1.

Financial results

Revenue in 2025 was 1 293 004 €, down 18,9% on the previous year (1 595 261 €). From 2016 to 2025, revenue grew by an average of 51,4% per year. 2025 ended with a loss of 25 €. The company was profitable in 6 of the 10 published years. In 2025 the company had 27 employees (34 a year earlier). Revenue per employee was 47 889 €. At the end of 2025, total assets were 365 655 € and equity 84 677 € (23,2% of assets).

Management and owners

The company has one board member. According to the register, the company has 2 owners. The largest stake (75%) is held by SIA "MVG Capital". The company holds a stake in one other active Latvian company.

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.