SIA "VanWorks"Active
Key figures
Ratios
2025Balance sheet structure
Dividends
calculatedPaid out in dividends approximately 1500 € (1% 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 statements2020–2025
| 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|---|---|
| Balance sheet — assets | ||||||
| Total current assets | 419 960 | 631 419 | 319 248 | 471 795 | 245 696 | 220 537 |
| Total non-current assets | 375 | 29 477 | 71 299 | 68 414 | 60 493 | 54 754 |
| Total assets | 420 335 | 660 896 | 390 547 | 540 209 | 306 189 | 275 291 |
| Balance sheet — liabilities and equity | ||||||
| Current liabilities | 400 724 | 393 133 | 91 589 | 255 227 | 49 787 | 28 796 |
| Non-current liabilities | 0 | 10 000 | 38 939 | 27 471 | 17 727 | 7705 |
| Total liabilities | 400 724 | 403 133 | 130 528 | 282 698 | 67 514 | 36 501 |
| Share capital | — | — | — | — | — | — |
| Retained earnings of previous periods | — | — | — | — | — | — |
| Profit for the year | 16 611 | 254 763 | 26 356 | 5492 | -17 336 | 1615 |
| Total equity | 19 611 | 257 763 | 260 019 | 257 511 | 238 675 | 238 790 |
| Income statement | ||||||
| Sales revenue | 539 828 | 4 504 960 | 1 342 304 | 1 310 225 | 450 878 | 173 332 |
| Operating profit | 18 107 | 271 527 | 32 869 | 10 013 | -14 561 | 3385 |
| Profit before income tax | 16 611 | 271 527 | 32 381 | 7492 | -16 820 | 2116 |
| Profit for the reporting year | 16 611 | 254 763 | 26 356 | 5492 | -17 336 | 1615 |
| Labour costs | — | — | — | — | — | — |
| Depreciation of non-current assets | — | — | — | — | — | — |
| Other indicators | ||||||
| Employees | 2 | 2 | 1 | 1 | 1 | 1 |
| Calculated dividend | — | 16 611 | 24 100 | 8000 | 1500 | 1500 |
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 "VanWorks"
Overview
SIA "VanWorks" (reg. no. 42103105984) is a limited liability company. The company was registered in 2020 and has been in the register for 6 years. Registered address: Ogres nov., Ikšķile, Dalbiņu iela 3.
Financial results
Revenue in 2025 was 173 332 €, down 61,6% on the previous year (450 878 €). From 2020 to 2025, revenue declined by an average of 20,3% per year. This is the company's lowest revenue among the published years (2020–2025). Net profit for 2025 was 1615 € (0,9% of revenue). The company was profitable in 5 of the 6 published years. In 2025 the company had 1 employees. Revenue per employee was 173 332 €. At the end of 2025, total assets were 275 291 € and equity 238 790 € (86,7% 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.