Sabiedrība ar ierobežotu atbildību "KVELEN"Active

42103096889Limited liability companyFounded 2019

Key figures

2438 €-63,0%
Revenue 2025
-55,0%
Average annual change 2020–2025
050 k100 k150 k202020212022202320242025

Ratios

2025
Balance sheet structure
Current assetsNon-current assetsLiabilitiesEquity
020 k40 k202020212022202320242025

Dividends

calculated
2025

No dividends were paid.

History
20250 €
20240 €
20230 €
2022 ~18 000 €
2021 ~4000 €
Summary of financial statements2020–2025
202020212022202320242025
Balance sheet — assets
Total current assets36 26736 65321 10921 22093881851
Total non-current assets0015961254912570
Total assets36 26736 65322 70522 47410 3002421
Balance sheet — liabilities and equity
Current liabilities15672181136892941797206
Non-current liabilities000000
Total liabilities15672181136892941797206
Share capital——————
Retained earnings of previous periods——————
Profit for the year34 10037724865208-15 424-10 907
Total equity34 70034 47221 33721 5456121-4785
Income statement
Sales revenue132 61849 819141 84623 78165882438
Operating profit34 10037724886208-15 374-10 857
Profit before income tax34 10037724865208-15 374-10 857
Profit for the reporting year34 10037724865208-15 424-10 907
Labour costs——————
Depreciation of non-current assets——————
Other indicators
Employees321100
Calculated dividend—400018 000000

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Summary: Sabiedrība ar ierobežotu atbildību "KVELEN"

Overview

Sabiedrība ar ierobežotu atbildību "KVELEN" (reg. no. 42103096889) is a limited liability company. The company was registered in 2019 and has been in the register for 7 years. Registered address: Dienvidkurzemes nov., Nīcas pag., Grīnvalti, "Cīpas".

Financial results

Revenue in 2025 was 2438 €, down 63,0% on the previous year (6588 €). From 2020 to 2025, revenue declined by an average of 55,0% per year. This is the company's lowest revenue among the published years (2020–2025). 2025 ended with a loss of 10 907 €. The company was profitable in 4 of the 6 published years. According to the report, the company had no employees in 2025.

Management and owners

The company has one board member. The sole owner of the company is a private individual.

Points to note

Equity was negative at the end of 2025 (-4785 €).

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.