SIA AVOTIActive
Key figures
Ratios
2025Balance sheet structure
Dividends
from the reportNo dividends were paid.
Summary of financial statements2013–2025
| 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Balance sheet — assets | |||||||||||||
| Total current assets | 3 791 004 | 5 785 523 | 6 228 641 | 7 017 984 | 8 487 587 | 10 757 503 | 9 735 809 | 10 567 125 | 17 360 111 | 19 651 687 | 16 314 967 | 12 998 831 | 16 452 308 |
| Total non-current assets | 3 498 533 | 3 983 966 | 3 880 878 | 7 620 922 | 18 053 228 | 16 524 688 | 16 726 755 | 17 145 252 | 20 254 072 | 21 194 780 | 37 103 461 | 59 353 447 | 56 684 366 |
| Total assets | 7 289 537 | 9 769 489 | 10 109 519 | 14 638 906 | 26 540 815 | 27 282 191 | 26 462 564 | 27 712 377 | 37 614 183 | 40 846 467 | 53 418 428 | 72 352 278 | 73 136 674 |
| Balance sheet — liabilities and equity | |||||||||||||
| Current liabilities | 3 654 764 | 4 320 933 | 3 884 030 | 3 454 377 | 9 608 050 | 9 638 563 | 8 320 321 | 6 376 602 | 9 188 454 | 8 230 349 | 7 694 386 | 13 937 530 | 16 683 855 |
| Non-current liabilities | 1 065 523 | 769 651 | 272 003 | 2 883 988 | 7 254 159 | 7 131 051 | 6 433 216 | 5 810 510 | 7 015 602 | 5 106 430 | 15 601 340 | 29 238 387 | 29 061 959 |
| Total liabilities | 4 720 287 | 5 090 584 | 4 156 033 | 6 338 365 | 16 862 209 | 16 769 614 | 14 753 537 | 12 187 112 | 16 204 056 | 13 336 779 | 23 295 726 | 43 175 917 | 45 745 814 |
| Share capital | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Retained earnings of previous periods | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Profit for the year | -217 965 | 994 817 | 1 595 831 | 2 423 271 | 1 579 478 | 1 033 971 | 2 196 529 | 3 816 238 | 5 884 862 | 6 099 561 | 2 613 014 | -946 341 | -1 785 501 |
| Total equity | 2 454 960 | 4 472 051 | 5 707 812 | 8 300 541 | 9 678 606 | 10 512 577 | 11 709 027 | 15 525 265 | 21 410 127 | 27 509 688 | 30 122 702 | 29 176 361 | 27 390 860 |
| Income statement | |||||||||||||
| Sales revenue | 15 626 031 | 30 204 354 | 28 752 919 | 30 775 857 | 36 604 514 | 45 383 009 | 50 593 947 | 47 195 693 | 59 844 562 | 75 638 423 | 63 097 367 | 58 449 488 | 65 367 120 |
| Operating profit | -195 670 | 1 178 386 | 1 949 024 | 2 855 758 | 1 826 923 | 1 319 920 | 2 452 488 | 3 982 930 | 6 069 927 | 6 341 304 | 3 233 501 | -292 641 | -256 611 |
| Profit before income tax | -258 026 | 1 106 409 | 1 921 768 | 2 779 948 | 1 579 478 | 1 050 741 | 2 231 631 | 3 825 537 | 5 891 822 | 6 143 300 | 2 655 149 | -899 588 | -1 779 312 |
| Profit for the reporting year | -217 965 | 994 817 | 1 595 831 | 2 423 271 | 1 579 478 | 1 033 971 | 2 196 529 | 3 816 238 | 5 884 862 | 6 099 561 | 2 613 014 | -946 341 | -1 785 501 |
| Labour costs | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Depreciation of non-current assets | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Other indicators | |||||||||||||
| Employees | 245 | 306 | 322 | 374 | 428 | 486 | 458 | 456 | 464 | 396 | 353 | 358 | 411 |
| Calculated dividend | 0 | 0 | 360 000 | 0 | 0 | 0 | 0 | 0 | 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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Related companies
- SIA VTI Avoti — 40%
Summary: SIA AVOTI
Overview
SIA AVOTI (reg. no. 43201013784) is a limited liability company. The company was registered in 1994 and has been in the register for 32 years. Registered address: Gulbenes nov., Lizuma pag., "Avoti".
Financial results
Revenue in 2025 was 65 367 120 €, up 11,8% on the previous year (58 449 488 €). From 2013 to 2025, revenue grew by an average of 12,7% per year. 2025 ended with a loss of 1 785 501 €. The company was profitable in 10 of the 13 published years. In 2025 the company had 411 employees (358 a year earlier). Revenue per employee was 159 044 €. At the end of 2025, total assets were 73 136 674 € and equity 27 390 860 € (37,5% of assets).
Management and owners
The company has one board member. The sole owner of the company is a private individual. The company holds a stake in one other active Latvian company.
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.