Vincit Online, SIAActive
Key figures
Ratios
2025Balance sheet structure
Summary of financial statements2020–2025
| 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|---|---|
| Balance sheet — assets | ||||||
| Total current assets | 1 954 047 | 1 232 185 | 1 045 814 | 684 099 | 712 405 | 724 773 |
| Total non-current assets | 27 354 | 522 672 | 622 378 | 619 210 | 368 859 | 53 642 |
| Total assets | 1 981 401 | 1 754 857 | 1 668 192 | 1 303 309 | 1 081 264 | 778 415 |
| Balance sheet — liabilities and equity | ||||||
| Current liabilities | 29 127 | 58 681 | 109 770 | 141 791 | 193 946 | 123 722 |
| Non-current liabilities | 0 | 0 | 0 | 0 | 0 | 0 |
| Total liabilities | 29 127 | 58 681 | 109 770 | 141 791 | 193 946 | 123 722 |
| Share capital | — | — | — | — | — | — |
| Retained earnings of previous periods | — | — | — | — | — | — |
| Profit for the year | 1 922 274 | -256 098 | -137 754 | -396 903 | -274 200 | -232 625 |
| Total equity | 1 952 274 | 1 696 176 | 1 558 422 | 1 161 518 | 887 318 | 654 693 |
| Income statement | ||||||
| Sales revenue | 39 400 | 190 177 | 273 127 | 519 110 | 701 434 | 888 316 |
| Operating profit | 1 922 291 | -255 973 | -150 565 | -418 512 | -278 701 | -232 495 |
| Profit before income tax | 1 922 291 | -255 973 | -137 679 | -396 903 | -274 053 | -232 625 |
| Profit for the reporting year | 1 922 274 | -256 098 | -137 754 | -396 903 | -274 200 | -232 625 |
| Labour costs | — | — | — | — | — | — |
| Depreciation of non-current assets | — | — | — | — | — | — |
| Other indicators | ||||||
| Employees | 3 | 4 | 3 | 4 | 6 | 6 |
| 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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Summary: Vincit Online, SIA
Overview
Vincit Online, SIA (reg. no. 40203249460) is a limited liability company. The company was registered in 2020 and has been in the register for 6 years. Registered address: Rīga, Elizabetes iela 23.
Financial results
Revenue in 2025 was 888 316 €, up 26,6% on the previous year (701 434 €). From 2020 to 2025, revenue grew by an average of 86,5% per year. This is the company's highest revenue among the published years (2020–2025). 2025 ended with a loss of 232 625 €. The company was profitable in 1 of the 6 published years. In 2025 the company had 6 employees. Revenue per employee was 148 053 €. At the end of 2025, total assets were 778 415 € and equity 654 693 € (84,1% 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.