Sabiedrība ar ierobežotu atbildību "Vapify"Active
Key figures
Ratios
2025Balance sheet structure
Summary of financial statements2023–2025
| 2023 | 2024 | 2025 | |
|---|---|---|---|
| Balance sheet — assets | |||
| Total current assets | 3 560 010 | 1 863 674 | 666 183 |
| Total non-current assets | 28 994 | 106 787 | 4381 |
| Total assets | 3 589 004 | 1 970 461 | 670 564 |
| Balance sheet — liabilities and equity | |||
| Current liabilities | 875 213 | 1 214 398 | 1 148 604 |
| Non-current liabilities | 2 805 000 | 1 160 000 | 0 |
| Total liabilities | 3 680 213 | 2 374 398 | 1 148 604 |
| Share capital | — | — | — |
| Retained earnings of previous periods | — | — | — |
| Profit for the year | -94 209 | -312 728 | -74 103 |
| Total equity | -91 209 | -403 937 | -478 040 |
| Income statement | |||
| Sales revenue | 5 771 889 | 6 459 557 | 1 614 334 |
| Operating profit | 191 841 | 36 932 | -48 111 |
| Profit before income tax | -38 666 | -240 783 | -66 888 |
| Profit for the reporting year | -94 209 | -312 728 | -74 103 |
| Labour costs | — | — | — |
| Depreciation of non-current assets | — | — | — |
| Other indicators | |||
| Employees | 18 | 15 | 8 |
| Calculated dividend | — | 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: Sabiedrība ar ierobežotu atbildību "Vapify"
Overview
Sabiedrība ar ierobežotu atbildību "Vapify" (reg. no. 40203419720) is a limited liability company. The company was registered in 2022 and has been in the register for 4 years. Registered address: Rīga, Gustava Zemgala gatve 76.
Financial results
Revenue in 2025 was 1 614 334 €, down 75,0% on the previous year (6 459 557 €). From 2023 to 2025, revenue declined by an average of 47,1% per year. 2025 ended with a loss of 74 103 €. The company made a loss in all 3 published years. In 2025 the company had 8 employees (15 a year earlier). Revenue per employee was 201 792 €.
Management and owners
The company has one board member. The sole owner of the company is Sabiedrība ar ierobežotu atbildību "DAVES".
Points to note
Equity was negative at the end of 2025 (-478 040 €).
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.