SIA V-WORKSActive

44103103286Limited liability companyFounded 2015

Key figures

101 350 €
Revenue 2025
050 k100 k150 k’15’16’17’18’19’20’21’22’23’24’25

Ratios

2025
Balance sheet structure
Current assetsNon-current assetsLiabilitiesEquity
0100 k200 k’15’16’17’18’19’20’21’22’23’24’25
Summary of financial statements2015–2025
20152016201720182019202020212022202320242025
Balance sheet — assets
Total current assets14449426874444294651444337514055205603153 174
Total non-current assets05001821141311066002000001284
Total assets14499445085857405257444537514055205603154 458
Balance sheet — liabilities and equity
Current liabilities15373417628991710000000
Non-current liabilities000013 61014 58511 96113 07913 40214 38493 825
Total liabilities153734176289917113 61014 58511 96113 07913 40214 38493 825
Share capital———————————
Retained earnings of previous periods———————————
Profit for the year-1493-1030642-1533-62447171417-51557-89969 414
Total equity-1393-2423-1781-3314-9558-8841-7424-7939-7882-878160 633
Income statement
Sales revenue0590316 13524 531963365764599251510400101 350
Operating profit-1493-1030642-1533-62447171417-51557-84969 414
Profit before income tax-1493-1030642-1533-62447171417-51557-84969 414
Profit for the reporting year-1493-1030642-1533-62447171417-51557-89969 414
Labour costs———————————
Depreciation of non-current assets———————————
Other indicators
Employees11221111112
Calculated dividend—0000000000

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100%SIA V-WORKS3Veide Rihards
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Summary: SIA V-WORKS

Overview

SIA V-WORKS (reg. no. 44103103286) is a limited liability company. The company was registered in 2015 and has been in the register for 10 years. Registered address: Valmieras nov., Kocēnu pag., "Namdari".

Financial results

Revenue in 2025 was 101 350 €. This is the company's highest revenue among the published years (2015–2025). Net profit for 2025 was 69 414 € (68,5% of revenue). The company was profitable in 5 of the 11 published years. In 2025 the company had 2 employees (1 a year earlier). Revenue per employee was 50 675 €. At the end of 2025, total assets were 154 458 € and equity 60 633 € (39,3% 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 02.11.2026. Changes, averages and ratios are calculated by entity.lv from open data and are not an official assessment.