SIA "Vincere"Active
Key figures
Ratios
2025Balance sheet structure
Dividends
calculatedPaid out in dividends approximately 20 000 € (21% of equity at the end of the previous year).
Low confidence: the company does not file a cash flow statement, so the amount is an estimate from changes in equity — it may also include other reductions of equity (e.g. a share capital reduction).
Summary of financial statements2015–2025
| 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Balance sheet — assets | |||||||||||
| Total current assets | 26 882 | 56 465 | 69 597 | 57 655 | 64 945 | 55 787 | 67 422 | 91 613 | 97 141 | 110 560 | 102 134 |
| Total non-current assets | 227 | 92 793 | 78 707 | 66 638 | 55 525 | 30 978 | 21 551 | 16 810 | 10 452 | 897 | 2875 |
| Total assets | 27 109 | 149 258 | 148 304 | 124 293 | 120 470 | 86 765 | 88 973 | 108 423 | 107 593 | 111 457 | 105 009 |
| Balance sheet — liabilities and equity | |||||||||||
| Current liabilities | 23 826 | 112 389 | 82 755 | 48 476 | 57 300 | 25 826 | 31 770 | 34 084 | 23 347 | 18 139 | 20 603 |
| Non-current liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total liabilities | 23 826 | 112 389 | 82 755 | 48 476 | 57 300 | 25 826 | 31 770 | 34 084 | 23 347 | 18 139 | 20 603 |
| Share capital | — | — | — | — | — | — | — | — | — | — | — |
| Retained earnings of previous periods | — | — | — | — | — | — | — | — | — | — | — |
| Profit for the year | 3273 | 33 586 | 28 680 | 10 268 | 17 353 | 6319 | 6126 | 24 881 | 32 016 | 40 166 | 11 088 |
| Total equity | 3283 | 36 869 | 65 549 | 75 817 | 63 170 | 60 939 | 57 203 | 74 339 | 84 246 | 93 318 | 84 406 |
| Income statement | |||||||||||
| Sales revenue | 18 063 | 255 708 | 289 716 | 309 609 | 277 058 | 279 901 | 254 685 | 334 531 | 405 061 | 390 541 | 336 141 |
| Operating profit | 3851 | 35 645 | 33 226 | 10 268 | 17 353 | 6319 | 7764 | 26 818 | 36 048 | 47 916 | 16 088 |
| Profit before income tax | 3851 | 35 645 | 33 226 | 10 268 | 17 353 | 6319 | 7764 | 26 818 | 36 048 | 47 916 | 16 088 |
| Profit for the reporting year | 3273 | 33 586 | 28 680 | 10 268 | 17 353 | 6319 | 6126 | 24 881 | 32 016 | 40 166 | 11 088 |
| Labour costs | — | — | — | — | — | — | — | — | — | — | — |
| Depreciation of non-current assets | — | — | — | — | — | — | — | — | — | — | — |
| Other indicators | |||||||||||
| Employees | 5 | 7 | 7 | 10 | 10 | 10 | 6 | 6 | 6 | 7 | 7 |
| Calculated dividend | — | 0 | 0 | 0 | 30 000 | 8550 | 9862 | 7745 | 22 109 | 31 094 | 20 000 |
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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Summary: SIA "Vincere"
Overview
SIA "Vincere" (reg. no. 41503072088) is a limited liability company. The company was registered in 2015 and has been in the register for 11 years. Registered address: Daugavpils, Jelgavas iela 1P.
Financial results
Revenue in 2025 was 336 141 €, down 13,9% on the previous year (390 541 €). From 2015 to 2025, revenue grew by an average of 34,0% per year. Net profit for 2025 was 11 088 € (3,3% of revenue). The company was profitable in all 11 published years. In 2025 the company had 7 employees. Revenue per employee was 48 020 €. At the end of 2025, total assets were 105 009 € and equity 84 406 € (80,4% 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.