SIA "FORVARDS V"Active
Key figures
Ratios
2025Balance sheet structure
Summary of financial statements2010–2025
| 2021 | 2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|---|
| Sales revenue | 324 977 | 294 824 | 403 821 | 232 591 | 284 288 |
| Profit for the reporting year | 103 940 | 147 338 | -5604 | 19 748 | 67 686 |
| Retained earnings of previous periods | — | — | — | — | — |
| Total assets | 461 880 | 421 321 | 393 819 | 506 537 | 499 951 |
| Total liabilities | 297 480 | 109 583 | 87 685 | 180 655 | 106 383 |
| Total equity | 164 400 | 311 738 | 306 134 | 325 882 | 393 568 |
| Employees | 13 | 11 | 11 | 11 | 8 |
| Calculated dividend | 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 "FORVARDS V"
Overview
SIA "FORVARDS V" (reg. no. 42103022998) is a limited liability company. The company was registered in 2000 and has been in the register for 26 years. Registered address: Liepāja, Ugāles iela 8 - 31.
Financial results
Revenue in 2025 was 284 288 €, up 22,2% on the previous year (232 591 €). From 2010 to 2025, revenue declined by an average of 4,2% per year. Net profit for 2025 was 67 686 € (23,8% of revenue). The company was profitable in 8 of the 16 published years. In 2025 the company had 8 employees (11 a year earlier). Revenue per employee was 35 536 €. At the end of 2025, total assets were 499 951 € and equity 393 568 € (78,7% of assets).
Management and owners
The board has 2 members. According to the register, the company has 2 owners. The largest stake (70%) is held by 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.