Sabiedrība ar ierobežotu atbildību "VAM GROUP"Active
Key figures
Ratios
2025Balance sheet structure
Dividends
calculatedPaid out in dividends approximately 30 000 € (10% 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 statements2020–2025
| 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|---|---|
| Balance sheet — assets | ||||||
| Total current assets | 1524 | 1703 | 11 103 | 72 188 | 259 750 | 449 206 |
| Total non-current assets | 0 | 7472 | 28 811 | 45 604 | 169 783 | 293 426 |
| Total assets | 1524 | 9175 | 39 914 | 117 792 | 429 533 | 742 632 |
| Balance sheet — liabilities and equity | ||||||
| Current liabilities | 121 | 9216 | 60 363 | 73 756 | 70 021 | 90 943 |
| Non-current liabilities | 0 | 0 | 0 | 0 | 60 180 | 97 573 |
| Total liabilities | 121 | 9216 | 60 363 | 73 756 | 130 201 | 188 516 |
| Share capital | — | — | — | — | — | — |
| Retained earnings of previous periods | — | — | — | — | — | — |
| Profit for the year | -597 | -2244 | -20 408 | 64 485 | 255 296 | 284 784 |
| Total equity | 1403 | -41 | -20 449 | 44 036 | 299 332 | 554 116 |
| Income statement | ||||||
| Sales revenue | 0 | 0 | 122 975 | 629 947 | 1 185 608 | 1 655 192 |
| Operating profit | -597 | -2194 | -20 408 | 65 807 | 257 455 | 303 784 |
| Profit before income tax | -597 | -2194 | -20 408 | 65 807 | 255 791 | 298 481 |
| Profit for the reporting year | -597 | -2244 | -20 408 | 64 485 | 255 296 | 284 784 |
| Labour costs | — | — | — | — | — | — |
| Depreciation of non-current assets | — | — | — | — | — | — |
| Other indicators | ||||||
| Employees | 1 | 0 | 5 | 16 | 16 | 24 |
| Calculated dividend | — | 0 | 0 | 0 | 0 | 30 000 |
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 "VAM GROUP"
Overview
Sabiedrība ar ierobežotu atbildību "VAM GROUP" (reg. no. 40203241255) is a limited liability company. The company was registered in 2020 and has been in the register for 6 years. Registered address: Rīga, Paula Lejiņa iela 9 - 17.
Financial results
Revenue in 2025 was 1 655 192 €, up 39,6% on the previous year (1 185 608 €). This is the company's highest revenue among the published years (2020–2025). Net profit for 2025 was 284 784 € (17,2% of revenue). The company was profitable in 3 of the 6 published years. In 2025 the company had 24 employees (16 a year earlier). Revenue per employee was 68 966 €. At the end of 2025, total assets were 742 632 € and equity 554 116 € (74,6% 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 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.