FORTIS VM SIAActive
Key figures
Ratios
2025Balance sheet structure
Dividends
from the reportDividends paid 70 678 € (1% of equity at the end of the previous year).
Summary of financial statements2021–2025
| 2021 | 2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|---|
| Balance sheet — assets | |||||
| Total current assets | 14 209 882 | 15 165 482 | 25 931 110 | 1 690 193 | 30 709 200 |
| Total non-current assets | 23 102 337 | 27 838 585 | 35 259 175 | 9 445 572 | 53 660 472 |
| Total assets | 37 312 219 | 43 004 067 | 61 190 285 | 11 135 765 | 84 369 672 |
| Balance sheet — liabilities and equity | |||||
| Current liabilities | 10 477 838 | 12 175 886 | 19 905 164 | 261 430 | 21 163 641 |
| Non-current liabilities | 8 612 549 | 8 294 740 | 8 566 672 | 1 434 553 | 13 110 290 |
| Total liabilities | 19 090 387 | 20 470 626 | 28 471 836 | 1 695 983 | 34 273 931 |
| Share capital | — | — | — | — | — |
| Retained earnings of previous periods | — | — | — | — | — |
| Profit for the year | 13 059 948 | 4 311 609 | 10 185 008 | 1 987 986 | 9 091 205 |
| Total equity | 18 221 832 | 22 533 441 | 32 718 449 | 9 439 782 | 50 095 741 |
| Income statement | |||||
| Sales revenue | 54 254 800 | 111 044 046 | 130 560 735 | 1 829 530 | 171 120 039 |
| Operating profit | 13 047 695 | 4 617 821 | 10 857 980 | 283 991 | 9 681 525 |
| Profit before income tax | 13 072 959 | 4 404 210 | 10 459 807 | 1 987 986 | 9 174 261 |
| Profit for the reporting year | 13 059 948 | 4 311 609 | 10 185 008 | 1 987 986 | 9 091 205 |
| Labour costs | — | — | — | — | — |
| Depreciation of non-current assets | — | — | — | — | — |
| Other indicators | |||||
| Employees | 811 | 854 | 1063 | 39 | 1170 |
| Calculated dividend | 0 | 0 | 0 | 25 266 653 | 70 678 |
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: FORTIS VM SIA
Overview
FORTIS VM SIA (reg. no. 40203297583) is a limited liability company. The company was registered in 2021 and has been in the register for 5 years. Registered address: Siguldas nov., Sigulda, Vidus iela 1.
Financial results
Revenue in 2025 was 171 120 039 €, up 9253% on the previous year (1 829 530 €). From 2021 to 2025, revenue grew by an average of 33,3% per year. This is the company's highest revenue among the published years (2021–2025). Net profit for 2025 was 9 091 205 € (5,3% of revenue). The company was profitable in all 5 published years. In 2025 the company had 1170 employees (39 a year earlier). Revenue per employee was 146 256 €. At the end of 2025, total assets were 84 369 672 € and equity 50 095 741 € (59,4% of assets).
Management and owners
The board has 3 members. According to the register, the company has 3 owners. The largest stake (88%) is held by a private individual. The company holds stakes in 19 active Latvian companies.
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.