SIA "Velmit"Active
Key figures
Ratios
2025Balance sheet structure
Summary of financial statements2022–2025
| 2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|
| Balance sheet — assets | ||||
| Total current assets | 56 530 | 119 567 | 77 118 | 86 528 |
| Total non-current assets | 7300 | 5962 | 4502 | 3042 |
| Total assets | 63 830 | 125 529 | 81 620 | 89 570 |
| Balance sheet — liabilities and equity | ||||
| Current liabilities | 3325 | 4939 | 8842 | 13 974 |
| Non-current liabilities | 0 | 0 | 0 | 0 |
| Total liabilities | 3325 | 4939 | 8842 | 13 974 |
| Share capital | — | — | — | — |
| Retained earnings of previous periods | — | — | — | — |
| Profit for the year | 57 705 | 60 085 | -47 812 | 2818 |
| Total equity | 60 505 | 120 590 | 72 778 | 75 596 |
| Income statement | ||||
| Sales revenue | 156 900 | 107 231 | 76 385 | 118 657 |
| Operating profit | 57 705 | 60 085 | -47 812 | 2818 |
| EBITDA | 57 705 | 61 423 | -46 352 | 4278 |
| Profit before income tax | 57 705 | 60 085 | -47 812 | 2818 |
| Profit for the reporting year | 57 705 | 60 085 | -47 812 | 2818 |
| Labour costs | 3445 | 6214 | 5016 | 5467 |
| Depreciation of non-current assets | 0 | 1338 | 1460 | 1460 |
| Other indicators | ||||
| Employees | 1 | 1 | 1 | 1 |
| Calculated dividend | — | 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: SIA "Velmit"
Overview
SIA "Velmit" (reg. no. 40203396752) is a limited liability company. The company was registered in 2022 and has been in the register for 4 years. Registered address: Balvu nov., Baltinavas pag., Sloboda, "Mežsargi".
Financial results
Revenue in 2025 was 118 657 €, up 55,3% on the previous year (76 385 €). From 2022 to 2025, revenue declined by an average of 8,9% per year. Net profit for 2025 was 2818 € (2,4% of revenue). The company was profitable in 3 of the 4 published years. In 2025 the company had 1 employees. Revenue per employee was 118 657 €. At the end of 2025, total assets were 89 570 € and equity 75 596 € (84,4% 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.