ARVEL SIAActive
Key figures
Ratios
2023Balance sheet structure
Summary of financial statements2018–2023
| 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|
| Sales revenue | 131 026 | 161 154 | 250 780 | 50 819 | 428 657 |
| Profit for the reporting year | 13 574 | 15 038 | -18 066 | -3311 | -114 837 |
| Retained earnings of previous periods | — | — | — | — | — |
| Total assets | 48 027 | 71 895 | 63 209 | 134 436 | 377 671 |
| Total liabilities | 6762 | 15 592 | 24 971 | 99 509 | 240 735 |
| Total equity | 41 265 | 56 303 | 38 238 | 34 927 | 127 429 |
| Employees | 5 | 4 | 7 | 5 | 6 |
| Calculated dividend | 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: ARVEL SIA
Overview
ARVEL SIA (reg. no. 44103112645) is a limited liability company. The company was registered in 2017 and has been in the register for 9 years. Registered address: Valkas nov., Valka, Varoņu iela 61.
Financial results
Revenue in 2023 was 428 657 €, up 743% on the previous year (50 819 €). From 2018 to 2023, revenue grew by an average of 29,1% per year. This is the company's highest revenue among the published years (2018–2023). 2023 ended with a loss of 114 837 €. The company was profitable in 3 of the 6 published years. In 2023 the company had 6 employees (5 a year earlier). Revenue per employee was 71 443 €. At the end of 2023, total assets were 377 671 € and equity 127 429 € (33,7% of assets).
Management and owners
The company has one board member. The sole owner of the company is a private individual.
Points to note
The latest published annual report is for 2023.
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.