Sabiedrība ar ierobežotu atbildību "WOLTEC"Active
Key figures
Ratios
2025Balance sheet structure
Dividends
from the reportDividends paid 125 000 € (2% of equity at the end of the previous year).
Summary of financial statements2015–2025
| 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Balance sheet — assets | |||||||||||
| Total current assets | 2 703 636 | 3 103 281 | 5 688 549 | 5 642 651 | 5 702 823 | 6 671 827 | 6 024 965 | 6 968 596 | 8 101 529 | 11 960 606 | 23 375 106 |
| Total non-current assets | 2 264 652 | 2 077 628 | 1 795 735 | 1 754 256 | 1 891 466 | 1 989 345 | 2 539 657 | 2 996 409 | 3 143 543 | 3 916 863 | 5 186 305 |
| Total assets | 4 968 288 | 5 180 909 | 7 484 284 | 7 396 907 | 7 594 289 | 8 661 172 | 8 564 622 | 9 965 005 | 11 245 072 | 15 877 469 | 28 561 411 |
| Balance sheet — liabilities and equity | |||||||||||
| Current liabilities | 1 708 347 | 2 341 996 | 4 129 232 | 3 918 139 | 3 896 202 | 4 289 834 | 3 215 904 | 4 617 601 | 5 581 581 | 8 244 047 | 19 026 181 |
| Non-current liabilities | 1 501 912 | 1 101 460 | 2 337 440 | 1 640 078 | 486 239 | 208 974 | 351 994 | 2 671 888 | 2 101 197 | 1 952 418 | 1 926 581 |
| Total liabilities | 3 210 259 | 3 443 456 | 6 466 672 | 5 558 217 | 4 382 441 | 4 498 808 | 3 567 898 | 7 289 489 | 7 682 778 | 10 196 465 | 20 952 762 |
| Share capital | — | — | — | — | — | — | — | — | — | — | — |
| Retained earnings of previous periods | — | — | — | — | — | — | — | — | — | — | — |
| Profit for the year | 34 946 | 289 011 | 189 611 | 821 078 | 1 003 094 | 1 144 560 | 881 655 | 277 583 | 915 993 | 1 932 690 | 2 021 520 |
| Total equity | 1 234 139 | 1 599 141 | 1 017 612 | 1 838 690 | 2 841 784 | 3 986 344 | 4 767 999 | 2 448 041 | 3 364 034 | 5 096 724 | 6 993 244 |
| Income statement | |||||||||||
| Sales revenue | 6 634 537 | 11 500 679 | 19 800 515 | 19 661 341 | 23 348 387 | 23 448 077 | 21 791 491 | 23 078 854 | 25 758 459 | 31 022 118 | 42 910 230 |
| Operating profit | 165 919 | 349 784 | 1 088 024 | 846 595 | 1 025 681 | 1 156 366 | 916 760 | 380 104 | 1 132 300 | 2 281 091 | 2 105 242 |
| Profit before income tax | 164 308 | 327 057 | 1 080 819 | 839 263 | 1 009 754 | 1 146 392 | 907 960 | 349 394 | 1 001 453 | 2 162 303 | 2 045 478 |
| Profit for the reporting year | 34 946 | 289 011 | 189 611 | 821 078 | 1 003 094 | 1 144 560 | 881 655 | 277 583 | 915 993 | 1 932 690 | 2 021 520 |
| Labour costs | — | — | — | — | — | — | — | — | — | — | — |
| Depreciation of non-current assets | — | — | — | — | — | — | — | — | — | — | — |
| Other indicators | |||||||||||
| Employees | 314 | 278 | 341 | 343 | 318 | 321 | 315 | 301 | 289 | 294 | 320 |
| Calculated dividend | 0 | 0 | 0 | 0 | 0 | 0 | 100 000 | 70 000 | 0 | 200 000 | 125 000 |
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: Sabiedrība ar ierobežotu atbildību "WOLTEC"
Overview
Sabiedrība ar ierobežotu atbildību "WOLTEC" (reg. no. 44103097350) is a limited liability company. The company was registered in 2014 and has been in the register for 11 years. Registered address: Valmieras nov., Valmiera, Ausekļa iela 31.
Financial results
Revenue in 2025 was 42 910 230 €, up 38,3% on the previous year (31 022 118 €). From 2015 to 2025, revenue grew by an average of 20,5% per year. This is the company's highest revenue among the published years (2015–2025). Net profit for 2025 was 2 021 520 € (4,7% of revenue). The company was profitable in all 11 published years. In 2025 the company had 320 employees (294 a year earlier). Revenue per employee was 134 094 €. At the end of 2025, total assets were 28 561 411 € and equity 6 993 244 € (24,5% of assets).
Management and owners
The board has 3 members. According to the register, the company has 5 owners. The largest stake (20%) 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.