Vestas Latvia SIAActive
Key figures
Ratios
2025Balance sheet structure
Summary of financial statements2021–2025
| 2021 | 2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|---|
| Balance sheet — assets | |||||
| Total current assets | 20 627 811 | 1 637 020 | 2 956 926 | 16 464 333 | 86 662 807 |
| Total non-current assets | 0 | 0 | 0 | 0 | 0 |
| Total assets | 20 627 811 | 1 637 020 | 2 956 926 | 16 464 333 | 86 662 807 |
| Balance sheet — liabilities and equity | |||||
| Current liabilities | 20 612 698 | 1 575 499 | 2 882 233 | 16 350 781 | 86 172 639 |
| Non-current liabilities | 0 | 0 | 0 | 0 | 0 |
| Total liabilities | 20 612 698 | 1 575 499 | 2 882 233 | 16 350 781 | 86 172 639 |
| Share capital | — | — | — | — | — |
| Retained earnings of previous periods | — | — | — | — | — |
| Profit for the year | 12 313 | 46 408 | 13 172 | 38 859 | 376 616 |
| Total equity | 15 113 | 61 521 | 74 693 | 113 552 | 490 168 |
| Income statement | |||||
| Sales revenue | 0 | 42 181 369 | 703 327 | 1 376 538 | 1 535 026 |
| Operating profit | 12 635 | 128 290 | -188 484 | 31 498 | 7634 |
| Profit before income tax | 12 313 | 47 533 | 13 172 | 38 859 | 376 616 |
| Profit for the reporting year | 12 313 | 46 408 | 13 172 | 38 859 | 376 616 |
| Labour costs | — | — | — | — | — |
| Depreciation of non-current assets | — | — | — | — | — |
| Other indicators | |||||
| Employees | 1 | 1 | 1 | 5 | 5 |
| Calculated dividend | — | 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: Vestas Latvia SIA
Overview
Vestas Latvia SIA (reg. no. 40203306693) is a limited liability company. The company was registered in 2021 and has been in the register for 5 years. Registered address: Rīga, Marijas iela 2A.
Financial results
Revenue in 2025 was 1 535 026 €, up 11,5% on the previous year (1 376 538 €). Net profit for 2025 was 376 616 € (24,5% of revenue). The company was profitable in all 5 published years. In 2025 the company had 5 employees. Revenue per employee was 307 005 €. At the end of 2025, total assets were 86 662 807 € and equity 490 168 € (0,6% of assets).
Management and owners
The board has 2 members. The sole owner of the company is VESTAS CENTRAL EUROPE A/S.
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.