Adven Latvia SIAActive
Key figures
Ratios
2025Balance sheet structure
Summary of financial statements2018–2025
| 2021 | 2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|---|
| Sales revenue | 490 140 | 4 417 083 | 5 574 956 | 4 461 808 | 4 968 094 |
| Profit for the reporting year | -174 535 | -410 630 | -1 119 248 | -361 321 | -527 239 |
| Retained earnings of previous periods | — | — | — | — | — |
| Total assets | 10 219 084 | 12 455 906 | 14 550 754 | 15 056 075 | 19 430 063 |
| Total liabilities | 7 144 098 | 9 327 494 | 8 821 590 | 9 688 232 | 14 589 458 |
| Total equity | 3 074 986 | 3 128 412 | 5 729 164 | 5 367 843 | 4 840 605 |
| Employees | 8 | 24 | 32 | 37 | 40 |
| Calculated dividend | 0 | 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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Related companies
- SIA Adven Sigulda — 100%
- Akciju sabiedrība "VALMIERAS ENERĢIJA" — 2 shared people
- SIA Adven Sigulda — 2 shared people
Summary: Adven Latvia SIA
Overview
Adven Latvia SIA (reg. no. 40203143132) is a limited liability company. The company was registered in 2018 and has been in the register for 8 years. Registered address: Cēsu nov., Cēsis, Rūpniecības iela 13A.
Financial results
Revenue in 2025 was 4 968 094 €, up 11,3% on the previous year (4 461 808 €). From 2018 to 2025, revenue grew by an average of 60,5% per year. 2025 ended with a loss of 527 239 €. The company was profitable in 2 of the 8 published years. In 2025 the company had 40 employees (37 a year earlier). Revenue per employee was 124 202 €. At the end of 2025, total assets were 19 430 063 € and equity 4 840 605 € (24,9% of assets).
Management and owners
The board has 3 members. The sole owner of the company is Adven Group Oy. 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.