Sabiedrība ar ierobežotu atbildību "KVĒLE"Active

43603002795Limited liability companyFounded 1992

Key figures

20 788 663 €+67,2%
Revenue 2025
+15,8%
Average annual growth 2011–2025
010 m20 m30 m’11’12’13’14’15’16’17’18’19’20’21’22’23’24’25

Ratios

2025
Balance sheet structure
Current assetsNon-current assetsLiabilitiesEquity
02,5 m5 m7,5 m’11’12’13’14’15’16’17’18’19’20’21’22’23’24’25

Dividends

from the report
2025

Dividends paid 410 001 € (14% of equity at the end of the previous year).

History
2025410 001 €
2024235 000 €
2023 ~102 740 €
2022 ~137 742 €
2021 ~257 741 €
2020 ~270 241 €
2019 ~190 291 €
2018 ~172 000 €
2017 ~149 893 €
2016 ~190 098 €
2015640 000 €
20140 €
20130 €
2012332 000 €
2011213 533 €
Summary of financial statements2011–2025
201120122013201420152016201720182019202020212022202320242025
Balance sheet — assets
Total current assets916 9611 100 9181 143 3351 637 615976 950797 0751 116 2281 496 1631 371 3781 502 6451 566 4042 050 1732 614 5753 770 3055 874 815
Total non-current assets254 233594 694576 441814 017785 581741 925592 062603 320816 438808 109948 5581 544 7141 543 4291 741 6031 621 248
Total assets1 171 1941 695 6121 719 7762 451 6321 762 5311 539 0001 708 2902 099 4832 187 8162 310 7542 514 9623 594 8874 158 0045 511 9087 496 063
Balance sheet — liabilities and equity
Current liabilities561 379759 137793 9171 135 3791 096 5751 015 9611 116 7801 092 355622 004874 889729 3702 010 5051 854 6452 401 5251 476 589
Non-current liabilities3924169 482123 259109 61443 8460017 90788 75745 46012 240336 340241 653158 81246 066
Total liabilities565 303928 619917 1761 244 9931 140 4211 015 9611 116 7801 110 262710 761920 349741 6102 346 8452 096 2982 560 3371 522 655
Share capital———————————————
Retained earnings of previous periods———————————————
Profit for the year347 010510 23137 433487 06557 47691 027218 364569 711678 125183 591640 688-387 568916 4041 132 6063 439 579
Total equity605 891766 993802 6001 206 639622 110523 039591 510989 2211 477 0551 390 4051 773 3521 248 0422 061 7062 951 5715 973 408
Income statement
Sales revenue2 681 1913 204 4892 922 5575 326 1635 381 1544 225 2015 337 3285 563 9005 979 6846 259 8626 335 8917 172 24212 039 65412 432 08220 788 663
Operating profit424 018603 78858 372633 589123 551155 378304 456591 858700 477203 507660 109-319 5221 002 9501 230 4623 567 868
EBITDA498 884656 306122 399716 287200 314277 212481 403784 826811 571334 197773 288-154 5751 218 1311 498 6933 878 628
Profit before income tax415 932594 77539 594609 45981 36599 150285 726570 032678 486184 667642 519-353 420941 7221 193 7993 545 202
Profit for the reporting year347 010510 23137 433487 06557 47691 027218 364569 711678 125183 591640 688-387 568916 4041 132 6063 439 579
Labour costs552 663803 0901 007 0531 620 8431 995 0511 753 6641 797 1951 865 6302 307 9242 320 8182 392 2902 623 2443 210 7383 686 9284 067 437
Depreciation of non-current assets74 86652 51864 02782 69876 763121 834176 947192 968111 094130 690113 179164 947215 181268 231310 760
Other indicators
Employees95107137140142131121121132137131139148146151
Calculated dividend213 533332 00000640 000190 098149 893172 000190 291270 241257 741137 742102 740235 000410 001

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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65,01%34,99%Sabiedrība ar ierobež…2Karpovičs Ģirts3Karpovičs Jānis
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Summary: Sabiedrība ar ierobežotu atbildību "KVĒLE"

Overview

Sabiedrība ar ierobežotu atbildību "KVĒLE" (reg. no. 43603002795) is a limited liability company. The company was registered in 1992 and has been in the register for 34 years. Registered address: Bauskas nov., Īslīces pag., Rītausmas, "Lielrumbas".

Financial results

Revenue in 2025 was 20 788 663 €, up 67,2% on the previous year (12 432 082 €). From 2011 to 2025, revenue grew by an average of 15,8% per year. This is the company's highest revenue among the published years (2011–2025). Net profit for 2025 was 3 439 579 € (16,5% of revenue). The company was profitable in 14 of the 15 published years. In 2025 the company had 151 employees (146 a year earlier). Revenue per employee was 137 673 €. At the end of 2025, total assets were 7 496 063 € and equity 5 973 408 € (79,7% of assets).

Management and owners

The board has 2 members. According to the register, the company has 2 owners. The largest stake (65%) 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.