SIA "WeldArt"Active

42103100597Limited liability companyFounded 2019

Key figures

23 535 €-95,8%
Revenue 2025
+4,9%
Average annual growth 2019–2025
0200 k400 k600 k2019202020212022202320242025

Ratios

2025
Balance sheet structure
Current assetsNon-current assetsLiabilitiesEquity
050 k100 k150 k2019202020212022202320242025
Summary of financial statements2019–2025
2019202020212022202320242025
Balance sheet — assets
Total current assets989311 16916 22413 14383 425134 52819 781
Total non-current assets24853190182976023 4886450
Total assets12 37814 35918 05313 903106 913135 17319 781
Balance sheet — liabilities and equity
Current liabilities45088040656015 00839 46533 1831721
Non-current liabilities0000000
Total liabilities45088040656015 00839 46533 1831721
Share capital———————
Retained earnings of previous periods———————
Profit for the year6470-27514974-12 59868 55434 541-83 930
Total equity7870631911 493-110567 448101 99018 060
Income statement
Sales revenue17 685112 68599 585137 858507 090560 23923 535
Operating profit6470-27514974-12 59868 55834 541-81 450
Profit before income tax6470-27514974-12 59868 55834 541-83 930
Profit for the reporting year6470-27514974-12 59868 55434 541-83 930
Labour costs———————
Depreciation of non-current assets———————
Other indicators
Employees24349113
Calculated dividend—000000

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100%SIA "WeldArt"1Mereņičs Ivans
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Shared members or board members

Summary: SIA "WeldArt"

Overview

SIA "WeldArt" (reg. no. 42103100597) is a limited liability company. The company was registered in 2019 and has been in the register for 7 years. Registered address: Ventspils, Lidotāju iela 20 - 29.

Financial results

Revenue in 2025 was 23 535 €, down 95,8% on the previous year (560 239 €). From 2019 to 2025, revenue grew by an average of 4,9% per year. 2025 ended with a loss of 83 930 €. The company was profitable in 4 of the 7 published years. In 2025 the company had 3 employees (11 a year earlier). Revenue per employee was 7845 €. At the end of 2025, total assets were 19 781 € and equity 18 060 € (91,3% 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.