Sabiedrība ar ierobežotu atbildību "VELS"Active

42403004101Limited liability companyFounded 1993

Key figures

262 588 €-15,4%
Revenue 2025
-0,4%
Average annual change 2010–2025
0200 k400 k600 k’10’11’12’13’14’15’16’17’18’19’20’21’22’23’24’25

Ratios

2025
Balance sheet structure
Current assetsNon-current assetsLiabilitiesEquity
0100 k200 k300 k’10’11’12’13’14’15’16’17’18’19’20’21’22’23’24’25

Dividends

calculated
2025

No dividends were paid.

History
20250 €
2024 ~1200 €
20230 €
20220 €
20210 €
20200 €
20190 €
20180 €
20170 €
20160 €
20150 €
20140 €
20130 €
20120 €
20110 €
Summary of financial statements2010–2025
2010201120122013201420152016201720182019202020212022202320242025
Balance sheet — assets
Total current assets84 27099 561102 824104 136159 157176 004159 400150 083140 935116 116109 448112 616114 807115 48981 76983 358
Total non-current assets83 73872 86868 12760 98571 86160 48055 83850 16043 22054 90253 48642 73634 65228 80924 67122 129
Total assets168 008172 429170 951165 121231 018236 484215 238200 243184 155171 018162 934155 352149 459144 298106 440105 487
Balance sheet — liabilities and equity
Current liabilities34 54734 80033 42533 53741 39947 84146 28546 82235 67946 19041 67245 99959 24639 73549 50341 159
Non-current liabilities61 53163 94662 64455 72478 61377 41376 61374 35837 49819 05120 23819 17518 988136213 29219 187
Total liabilities96 07898 74696 06989 261120 012125 254122 898121 18073 17765 24161 91065 17478 23441 09762 79560 346
Share capital————————————————
Retained earnings of previous periods————————————————
Profit for the year4034175312009783069225-18 890-13 27731 915-5201-4753-10 846-18 95331 976-58 3561294
Total equity71 93073 68374 88275 860111 006111 23092 34079 063110 978105 777101 02490 17871 225103 20143 64545 141
Income statement
Sales revenue280 844284 647291 960297 295416 854438 644399 886387 569406 824361 351375 492416 039394 074490 878310 381262 588
Operating profit473923931992174342591415-18 890-13 27731 915-5201-4753-10 694-18 94342 416-57 3561294
Profit before income tax391922501936173242591415-18 890-13 27731 915-5201-4753-10 694-18 94342 416-57 3561294
Profit for the reporting year4034175312009783069225-18 890-13 27731 915-5201-4753-10 846-18 95331 976-58 3561294
Labour costs————————————————
Depreciation of non-current assets————————————————
Other indicators
Employees19212323202018171414161615141211
Calculated dividend—000000000000012000

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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66,72%33,28%Sabiedrība ar ierobež…2Jakupāns ArnoldsPozņaks Aldis
CompanyPersonShareholderOther roleAdditional link

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Summary: Sabiedrība ar ierobežotu atbildību "VELS"

Overview

Sabiedrība ar ierobežotu atbildību "VELS" (reg. no. 42403004101) is a limited liability company. The company was registered in 1993 and has been in the register for 33 years. Registered address: Ludzas nov., Ludza, Krāslavas iela 2.

Financial results

Revenue in 2025 was 262 588 €, down 15,4% on the previous year (310 381 €). This is the company's lowest revenue among the published years (2010–2025). Net profit for 2025 was 1294 € (0,5% of revenue). The company was profitable in 9 of the 16 published years. In 2025 the company had 11 employees (12 a year earlier). Revenue per employee was 23 872 €. At the end of 2025, total assets were 105 487 € and equity 45 141 € (42,8% of assets).

Management and owners

The company has one board member. According to the register, the company has 2 owners. The largest stake (66,7%) 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.