SIA "ERDE VS"Active
Key figures
Ratios
2025Balance sheet structure
Dividends
calculatedNo dividends were paid.
Summary of financial statements2011–2025
| 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Balance sheet — assets | |||||||||||||||
| Total current assets | 106 544 | 125 466 | 84 785 | 143 885 | 113 118 | 135 463 | 128 333 | 236 166 | 181 078 | 291 085 | 402 710 | 418 684 | 267 567 | 174 418 | 324 112 |
| Total non-current assets | 162 742 | 179 912 | 190 827 | 303 621 | 431 752 | 378 194 | 568 493 | 805 233 | 940 470 | 966 255 | 1 230 640 | 1 294 145 | 1 450 265 | 1 456 246 | 1 638 827 |
| Total assets | 269 286 | 305 378 | 275 612 | 447 506 | 544 870 | 513 657 | 696 826 | 1 041 399 | 1 121 548 | 1 257 340 | 1 633 350 | 1 712 829 | 1 717 832 | 1 630 664 | 1 962 939 |
| Balance sheet — liabilities and equity | |||||||||||||||
| Current liabilities | 100 509 | 106 847 | 70 256 | 92 534 | 89 120 | 97 016 | 111 175 | 153 557 | 157 718 | 213 332 | 313 907 | 331 734 | 191 076 | 225 309 | 281 433 |
| Non-current liabilities | 135 763 | 89 852 | 64 846 | 107 680 | 168 377 | 121 142 | 211 823 | 173 525 | 163 637 | 173 101 | 232 338 | 140 417 | 74 228 | 12 826 | 61 564 |
| Total liabilities | 236 272 | 196 699 | 135 102 | 200 214 | 257 497 | 218 158 | 322 998 | 327 082 | 321 355 | 386 433 | 546 245 | 472 151 | 265 304 | 238 135 | 342 997 |
| Share capital | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Retained earnings of previous periods | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Profit for the year | 38 065 | 75 382 | 31 536 | 48 881 | 39 495 | 12 083 | 78 340 | 396 489 | 85 876 | 70 714 | 216 199 | 153 572 | 211 850 | -59 999 | 227 413 |
| Total equity | 30 156 | 105 538 | 137 074 | 243 920 | 283 416 | 295 499 | 373 828 | 714 317 | 800 193 | 870 907 | 1 087 105 | 1 240 678 | 1 452 528 | 1 392 529 | 1 619 942 |
| Income statement | |||||||||||||||
| Sales revenue | 740 349 | 673 332 | 444 439 | 632 012 | 586 330 | 621 863 | 965 115 | 1 585 630 | 1 389 230 | 1 232 468 | 2 692 008 | 2 911 483 | 2 267 117 | 2 039 045 | 2 345 491 |
| Operating profit | 61 078 | 96 781 | 45 406 | 57 404 | 46 287 | 17 443 | 87 081 | 404 070 | 93 134 | 77 369 | 224 798 | 163 700 | 225 944 | -47 604 | 237 006 |
| Profit before income tax | 51 119 | 91 154 | 41 548 | 53 260 | 39 707 | 12 173 | 81 384 | 396 633 | 86 081 | 70 786 | 216 239 | 153 716 | 212 030 | -59 998 | 228 878 |
| Profit for the reporting year | 38 065 | 75 382 | 31 536 | 48 881 | 39 495 | 12 083 | 78 340 | 396 489 | 85 876 | 70 714 | 216 199 | 153 572 | 211 850 | -59 999 | 227 413 |
| Labour costs | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Depreciation of non-current assets | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Other indicators | |||||||||||||||
| Employees | 11 | 14 | 14 | 12 | 12 | 19 | 19 | 26 | 27 | 26 | 28 | 30 | 27 | 26 | 26 |
| Calculated dividend | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 56 000 | 0 | 0 | 0 | 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: SIA "ERDE VS"
Overview
SIA "ERDE VS" (reg. no. 41203026130) is a limited liability company. The company was registered in 2006 and has been in the register for 20 years. Registered address: Talsu nov., Vandzenes pag., Vandzene, "Greizumi".
Financial results
Revenue in 2025 was 2 345 491 €, up 15,0% on the previous year (2 039 045 €). From 2011 to 2025, revenue grew by an average of 8,6% per year. Net profit for 2025 was 227 413 € (9,7% of revenue). The company was profitable in 14 of the 15 published years. In 2025 the company had 26 employees. Revenue per employee was 90 211 €. At the end of 2025, total assets were 1 962 939 € and equity 1 619 942 € (82,5% 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.