SIA "VG SOLAR"Active

40203373228Limited liability companyFounded 2022

Key figures

84 986 €+145,5%
Revenue 2025
+91,1%
Average annual growth 2022–2025
025 k50 k75 k100 k2022202320242025

Ratios

2025
Balance sheet structure
Current assetsNon-current assetsLiabilitiesEquity
010 k20 k2022202320242025
Summary of financial statements2022–2025
2022202320242025
Balance sheet — assets
Total current assets2630114310 6067534
Total non-current assets2820282028202820
Total assets5450396313 42610 354
Balance sheet — liabilities and equity
Current liabilities031470413430
Non-current liabilities3113684011 84011 840
Total liabilities3113715418 88115 270
Share capital————
Retained earnings of previous periods————
Profit for the year-483-5528-2264539
Total equity2337-3191-5455-4916
Income statement
Sales revenue12 17736634 61484 986
Operating profit-483-5528-2264550
EBITDA-483-5528-2264550
Profit before income tax-483-5528-2264550
Profit for the reporting year-483-5528-2264539
Labour costs2436320028614171
Depreciation of non-current assets0000
Other indicators
Employees3333
Calculated dividend—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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33,33%33,33%33,33%SIA "VG SOLAR"1Eisaks Elvijs3Grava Aleksandrs1Vizulis Ainārs
CompanyPersonShareholderOther roleAdditional link

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Summary: SIA "VG SOLAR"

Overview

SIA "VG SOLAR" (reg. no. 40203373228) is a limited liability company. The company was registered in 2022 and has been in the register for 4 years. Registered address: Rīga, Ganību dambis 30 k-1.

Financial results

Revenue in 2025 was 84 986 €, up 146% on the previous year (34 614 €). From 2022 to 2025, revenue grew by an average of 91,1% per year. This is the company's highest revenue among the published years (2022–2025). Net profit for 2025 was 539 € (0,6% of revenue). The company was profitable in 1 of the 4 published years. In 2025 the company had 3 employees. Revenue per employee was 28 329 €.

Management and owners

The board has 3 members. According to the register, the company has 3 owners. The largest stake (33,3%) is held by a private individual.

Points to note

Equity was negative at the end of 2025 (-4916 €).

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.