Sabiedrība ar ierobežotu atbildību "VELPAS"Active
Key figures
Ratios
2025Balance sheet structure
Summary of financial statements2018–2025
| 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|---|---|---|---|
| Balance sheet — assets | ||||||||
| Total current assets | 11 854 | 26 717 | 29 496 | 22 804 | 18 292 | 17 191 | 16 050 | 13 174 |
| Total non-current assets | 0 | 6940 | 4737 | 2533 | 0 | 0 | 0 | 0 |
| Total assets | 11 854 | 33 657 | 34 233 | 25 337 | 18 292 | 17 191 | 16 050 | 13 174 |
| Balance sheet — liabilities and equity | ||||||||
| Current liabilities | 547 | 3449 | 2101 | 6921 | 1896 | 1876 | 1866 | 2186 |
| Non-current liabilities | 0 | 4145 | 3314 | 334 | 334 | 334 | 334 | 334 |
| Total liabilities | 547 | 7594 | 5415 | 7255 | 2230 | 2210 | 2200 | 2520 |
| Share capital | — | — | — | — | — | — | — | — |
| Retained earnings of previous periods | — | — | — | — | — | — | — | — |
| Profit for the year | 8507 | 14 756 | 2755 | -10 736 | -2020 | -1081 | -1131 | -3196 |
| Total equity | 11 307 | 26 063 | 28 818 | 18 082 | 16 062 | 14 981 | 13 850 | 10 654 |
| Income statement | ||||||||
| Sales revenue | 11 865 | 42 327 | 38 262 | 0 | 1500 | 0 | 0 | 576 |
| Operating profit | 8507 | 14 916 | 2982 | -10 537 | -2020 | -1081 | -1131 | -3196 |
| EBITDA | 8507 | 16 272 | — | — | — | — | — | — |
| Profit before income tax | 8507 | 14 756 | 2755 | -10 736 | -2020 | -1081 | -1131 | -3196 |
| Profit for the reporting year | 8507 | 14 756 | 2755 | -10 736 | -2020 | -1081 | -1131 | -3196 |
| Labour costs | 924 | 3309 | — | — | — | — | — | — |
| Depreciation of non-current assets | 0 | 1356 | — | — | — | — | — | — |
| Other indicators | ||||||||
| Employees | 3 | 2 | 2 | 1 | 1 | 1 | 0 | 0 |
| Calculated dividend | — | 0 | 0 | 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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Summary: Sabiedrība ar ierobežotu atbildību "VELPAS"
Overview
Sabiedrība ar ierobežotu atbildību "VELPAS" (reg. no. 40203170380) is a limited liability company. The company was registered in 2018 and has been in the register for 8 years. Registered address: Rīga, Lubānas iela 78E.
Financial results
Revenue in 2025 was 576 €. From 2018 to 2025, revenue declined by an average of 35,1% per year. 2025 ended with a loss of 3196 €. The company was profitable in 3 of the 8 published years. According to the report, the company had no employees in 2025. At the end of 2025, total assets were 13 174 € and equity 10 654 € (80,9% of assets).
Management and owners
The company has one board member. The sole owner of the company is 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.