SIA "Velvet Mink"Active
Key figures
Ratios
2025Balance sheet structure
Dividends
calculatedNo dividends were paid.
Summary of financial statements2013–2025
| 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Balance sheet — assets | |||||||||||||
| Total current assets | 36 411 | 915 613 | 352 091 | 404 947 | 426 875 | 402 472 | 934 236 | 1 372 805 | 1 359 922 | 1 577 172 | 1 591 255 | 1 566 945 | 1 602 594 |
| Total non-current assets | 551 072 | 3 454 772 | 4 542 440 | 2 471 939 | 2 289 514 | 1 733 357 | 1 075 844 | 607 178 | 526 564 | 263 316 | 162 973 | 99 287 | 51 405 |
| Total assets | 587 483 | 4 370 385 | 4 894 531 | 2 876 886 | 2 716 389 | 2 135 829 | 2 010 080 | 1 979 983 | 1 886 486 | 1 840 488 | 1 754 228 | 1 666 232 | 1 653 999 |
| Balance sheet — liabilities and equity | |||||||||||||
| Current liabilities | 45 460 | 938 870 | 1 575 654 | 464 198 | 405 154 | 44 346 | 38 297 | 54 920 | 34 496 | 41 415 | 31 506 | 24 956 | 17 691 |
| Non-current liabilities | 526 195 | 1 110 884 | 863 292 | 46 771 | 40 604 | 34 436 | 28 268 | 22 101 | 15 933 | 9765 | 3598 | 0 | 0 |
| Total liabilities | 571 655 | 2 049 754 | 2 438 946 | 510 969 | 445 758 | 78 782 | 66 565 | 77 021 | 50 429 | 51 180 | 35 104 | 24 956 | 17 691 |
| Share capital | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Retained earnings of previous periods | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Profit for the year | 13 828 | 2 284 450 | 286 956 | -85 613 | -95 286 | -213 584 | -113 532 | -40 507 | -66 905 | -46 749 | -70 184 | -77 848 | -4968 |
| Total equity | 15 828 | 2 314 574 | 2 451 530 | 2 365 917 | 2 270 631 | 2 057 047 | 1 943 515 | 1 902 962 | 1 836 057 | 1 789 308 | 1 719 124 | 1 641 276 | 1 636 308 |
| Income statement | |||||||||||||
| Sales revenue | 325 625 | 58 909 | 178 030 | 119 989 | 87 755 | 49 568 | 40 042 | 87 347 | 22 469 | 9710 | 29 180 | 6300 | 12 919 |
| Operating profit | 14 473 | -681 767 | 211 831 | -150 867 | -139 177 | -251 025 | -145 780 | -74 662 | -101 054 | -68 611 | -92 235 | -100 685 | -27 883 |
| Profit before income tax | 14 473 | 2 284 891 | 287 288 | -85 613 | -95 286 | -212 818 | -113 532 | -40 507 | -66 905 | -46 749 | -70 184 | -77 848 | -4968 |
| Profit for the reporting year | 13 828 | 2 284 450 | 286 956 | -85 613 | -95 286 | -213 584 | -113 532 | -40 507 | -66 905 | -46 749 | -70 184 | -77 848 | -4968 |
| Labour costs | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Depreciation of non-current assets | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Other indicators | |||||||||||||
| Employees | 11 | 24 | 8 | 5 | 4 | 4 | 3 | 3 | 3 | 3 | 2 | 2 | 1 |
| Calculated dividend | — | 0 | 150 000 | 0 | 0 | 0 | 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 "Velvet Mink"
Overview
SIA "Velvet Mink" (reg. no. 41203045926) is a limited liability company. The company was registered in 2012 and has been in the register for 13 years. Registered address: Ventspils nov., Puzes pag., "Mežrozes".
Financial results
Revenue in 2025 was 12 919 €, up 105% on the previous year (6300 €). From 2013 to 2025, revenue declined by an average of 23,6% per year. 2025 ended with a loss of 4968 €. The company was profitable in 3 of the 13 published years. In 2025 the company had 1 employees (2 a year earlier). Revenue per employee was 12 919 €. At the end of 2025, total assets were 1 653 999 € and equity 1 636 308 € (98,9% of assets).
Management and owners
The company has one board member. The sole owner of the company is a private individual. The company holds a stake in one other active Latvian company.
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.