SIA "VLAVI Rails"Active
Key figures
Ratios
2025Balance sheet structure
Dividends
calculatedNo dividends were paid.
Summary of financial statements2017–2025
| 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|---|---|---|---|---|
| Balance sheet — assets | |||||||||
| Total current assets | 377 737 | 222 768 | 571 591 | 208 968 | 164 426 | 140 739 | 173 047 | 37 878 | 45 210 |
| Total non-current assets | 22 298 | 17 603 | 16 675 | 30 799 | 18 384 | 9836 | 5230 | 1307 | 0 |
| Total assets | 400 035 | 240 371 | 588 266 | 239 767 | 182 810 | 150 575 | 178 277 | 39 185 | 45 210 |
| Balance sheet — liabilities and equity | |||||||||
| Current liabilities | 400 124 | 188 017 | 368 582 | 46 528 | 65 665 | 118 995 | 17 156 | 38 755 | 63 051 |
| Non-current liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total liabilities | 400 124 | 188 017 | 368 582 | 46 528 | 65 665 | 118 995 | 17 156 | 38 755 | 63 051 |
| Share capital | — | — | — | — | — | — | — | — | — |
| Retained earnings of previous periods | — | — | — | — | — | — | — | — | — |
| Profit for the year | -2889 | 52 443 | 167 330 | 8555 | -68 694 | -85 565 | 129 541 | -160 690 | -18 271 |
| Total equity | -89 | 52 354 | 219 684 | 193 239 | 117 145 | 31 580 | 161 121 | 430 | -17 841 |
| Income statement | |||||||||
| Sales revenue | 15 735 | 957 799 | 819 162 | 274 844 | 95 229 | 137 802 | 468 984 | 38 741 | 152 994 |
| Operating profit | -2889 | 52 584 | 169 281 | 17 408 | -93 183 | -85 250 | 129 788 | -160 690 | -18 513 |
| Profit before income tax | -2889 | 52 584 | 167 774 | 17 005 | -66 703 | -85 074 | 129 820 | -160 690 | -18 271 |
| Profit for the reporting year | -2889 | 52 443 | 167 330 | 8555 | -68 694 | -85 565 | 129 541 | -160 690 | -18 271 |
| Labour costs | — | — | — | — | — | — | — | — | — |
| Depreciation of non-current assets | — | — | — | — | — | — | — | — | — |
| Other indicators | |||||||||
| Employees | 6 | 7 | 8 | 7 | 5 | 5 | 4 | 3 | 2 |
| Calculated dividend | — | 0 | 0 | 35 000 | 7400 | 0 | 0 | 0 | 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: SIA "VLAVI Rails"
Overview
SIA "VLAVI Rails" (reg. no. 40203078805) is a limited liability company. The company was registered in 2017 and has been in the register for 9 years. Registered address: Rīga, Daugavgrīvas iela 81.
Financial results
Revenue in 2025 was 152 994 €, up 295% on the previous year (38 741 €). From 2017 to 2025, revenue grew by an average of 32,9% per year. 2025 ended with a loss of 18 271 €. The company was profitable in 4 of the 9 published years. In 2025 the company had 2 employees (3 a year earlier). Revenue per employee was 76 497 €.
Management and owners
The company has one board member. The sole owner of the company is a private individual.
Points to note
Equity was negative at the end of 2025 (-17 841 €).
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.