SIA "VRJ"Active

44103025653Limited liability companyFounded 2002

Key figures

180 228 €+2,0%

Revenue 2025

+3,6%

Average annual growth 2010–2025

Ratios

2025

-5,0%

Profit margin

58,3%

Equity ratio

0,6×

Current ratio

-21,3%

Return on equity

Balance sheet structure

Current assetsNon-current assetsLiabilitiesEquity

Summary of financial statements2010–2025

	2010	2011	2012	2013	2014	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024	2025
Balance sheet — assets
Total current assets	33 421	26 351	26 924	29 615	34 042	22 044	29 421	28 082	49 721	50 783	18 338	59 506	66 980	9399	4387	7211
Total non-current assets	41 360	117 335	139 543	100 131	213 922	202 855	262 261	295 278	240 091	329 997	184 503	144 565	110 494	91 166	88 918	65 088
Total assets	74 781	143 686	166 467	129 746	247 964	224 899	291 682	323 360	289 812	380 780	202 841	204 071	177 474	100 565	93 305	72 299
Balance sheet — liabilities and equity
Current liabilities	48 185	68 688	77 062	67 884	83 047	82 085	96 436	118 193	127 211	145 206	59 883	53 470	21 743	11 431	14 537	12 447
Non-current liabilities	12 409	59 910	65 074	36 817	123 930	78 537	118 794	121 343	66 866	99 480	30 545	24 928	44 194	28 522	27 616	17 678
Total liabilities	60 594	128 598	142 136	104 701	206 977	160 622	215 230	239 536	194 077	244 686	90 428	78 398	65 937	39 953	42 153	30 125
Share capital	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—
Retained earnings of previous periods	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—
Profit for the year	-8156	901	9243	714	5349	23 296	12 175	7372	11 911	40 359	-23 680	13 259	-14 136	-50 925	-9460	-8978
Total equity	14 187	15 088	24 331	25 045	40 987	64 277	76 452	83 824	95 735	136 094	112 413	125 673	111 537	60 612	51 152	42 174
Income statement
Sales revenue	105 981	145 238	270 159	229 134	404 712	299 884	446 295	430 793	383 830	580 562	480 612	325 895	297 541	206 534	176 652	180 228
Operating profit	-7894	3832	13 947	5731	5692	24 359	15 259	-9216	8670	47 673	-15 574	13 259	-14 136	-50 925	-5347	-6420
EBITDA	-7894	3832	13 947	5731	—	—	—	—	—	—	—	—	—	—	—	—
Profit before income tax	-8156	901	9243	714	5349	23 653	12 175	7372	11 911	40 359	-23 680	13 259	-14 136	-50 925	-9460	-8978
Profit for the reporting year	-8156	901	9243	714	5349	23 296	12 175	7372	11 911	40 359	-23 680	13 259	-14 136	-50 925	-9460	-8978
Labour costs	15 798	16 651	21 439	25 315	—	—	—	—	—	—	—	—	—	—	—	—
Depreciation of non-current assets	0	0	0	0	—	—	—	—	—	—	—	—	—	—	—	—
Other indicators
Employees	5	5	5	7	10	11	10	11	12	12	11	6	6	6	5	2
Calculated dividend	—	0	0	0	0	0	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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Summary: SIA "VRJ"

Overview

SIA "VRJ" (reg. no. 44103025653) is a limited liability company. The company was registered in 2002 and has been in the register for 24 years. Registered address: Valmieras nov., Valmiera, Dārza iela 13 - 8.

Financial results

Revenue in 2025 was 180 228 €, up 2,0% on the previous year (176 652 €). From 2010 to 2025, revenue grew by an average of 3,6% per year. 2025 ended with a loss of 8978 €. The company was profitable in 10 of the 16 published years. In 2025 the company had 2 employees (5 a year earlier). Revenue per employee was 90 114 €. At the end of 2025, total assets were 72 299 € and equity 42 174 € (58,3% 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.