SIA "SILVARS"Active

44102006528Limited liability companyFounded 1994

Key figures

21 248 €+126,9%

Revenue 2025

-17,5%

Average annual change 2010–2025

Ratios

2025

-50,9%

EBITDA margin

-50,9%

Profit margin

87,6%

Equity ratio

1,0×

Current ratio

-16,1%

Return on equity

Balance sheet structure

Current assetsNon-current assetsLiabilitiesEquity

Dividends

calculated

2025

No dividends were paid.

History

20250 €

20240 €

20230 €

20220 €

20210 €

20200 €

20190 €

20180 €

2017 ~29 999 €

20140 €

2013 ~4582 €

2012 ~68 289 €

2011 ~74 111 €

Summary of financial statements2010–2025

	2010	2011	2012	2013	2014	2016	2017	2018	2019	2020	2021	2022	2023	2024	2025
Balance sheet — assets
Total current assets	120 526	89 836	43 599	46 328	88 500	89 271	77 117	77 893	43 556	35 224	47 341	84 668	51 218	35 253	9723
Total non-current assets	33 504	38 489	29 582	20 170	64 748	41 658	30 934	45 625	40 025	39 010	38 134	37 617	45 089	47 063	67 144
Total assets	154 030	128 325	73 181	66 498	153 248	130 929	108 051	123 518	83 581	74 234	85 475	122 285	96 307	82 316	76 867
Balance sheet — liabilities and equity
Current liabilities	26 707	6824	15 387	3518	39 800	2939	25 213	17 313	4819	4063	5636	4243	2173	4154	9520
Non-current liabilities	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Total liabilities	26 707	6824	15 387	3518	39 800	2939	25 213	17 313	4819	4063	5636	4243	2173	4154	9520
Share capital	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—
Retained earnings of previous periods	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—
Profit for the year	99 380	68 289	4582	9768	23 834	1074	-15 153	23 367	-27 443	-8591	9668	38 203	-23 908	-15 972	-10 815
Total equity	127 323	121 501	57 794	62 980	113 448	127 990	82 838	106 205	78 762	70 171	79 839	118 042	94 134	78 162	67 347
Income statement
Sales revenue	312 641	246 370	179 192	137 673	317 679	233 766	44 505	56 607	19 050	7204	23 391	77 273	5421	9364	21 248
Operating profit	116 101	79 715	5466	12 167	27 645	2477	-15 226	23 367	-27 443	-8591	9668	38 203	-23 908	-15 972	-10 815
EBITDA	126 403	92 329	16 287	22 873	43 773	16 640	-6575	31 876	-19 684	-7577	10 544	38 721	-23 908	-15 972	-10 815
Profit before income tax	116 116	79 715	5466	12 167	27 645	2519	-15 153	23 367	-27 443	-8591	9668	38 203	-23 908	-15 972	-10 815
Profit for the reporting year	99 380	68 289	4582	9768	23 834	1074	-15 153	23 367	-27 443	-8591	9668	38 203	-23 908	-15 972	-10 815
Labour costs	29 007	33 896	28 315	19 758	30 638	25 767	18 475	9195	25 493	8185	5880	6246	11 128	10 925	11 123
Depreciation of non-current assets	10 302	12 614	10 821	10 706	16 128	14 163	8651	8509	7759	1014	876	518	0	0	0
Other indicators
Employees	6	9	9	6	6	5	4	2	4	1	2	1	1	1	1
Calculated dividend	—	74 111	68 289	4582	0	—	29 999	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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Summary: SIA "SILVARS"

Overview

SIA "SILVARS" (reg. no. 44102006528) is a limited liability company. The company was registered in 1994 and has been in the register for 32 years. Registered address: Limbažu nov., Liepupes pag., "Strautmaļi".

Financial results

Revenue in 2025 was 21 248 €, up 127% on the previous year (9364 €). From 2010 to 2025, revenue declined by an average of 17,5% per year. 2025 ended with a loss of 10 815 €. The company was profitable in 9 of the 15 published years. In 2025 the company had 1 employees. Revenue per employee was 21 248 €. At the end of 2025, total assets were 76 867 € and equity 67 347 € (87,6% 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.