IK "Varkales"Active

45101001946Sole traderFounded 1992

Key figures

116 307 €-6,6%
Revenue 2017
+14,9%
Average annual growth 2010–2017
050 k100 k150 k20102011201220132014201520162017

Ratios

2017
Balance sheet structure
Current assetsNon-current assetsLiabilitiesEquity
0200 k400 k600 k20102011201220132014201520162017
Summary of financial statements2010–2017
20102011201220132014201520162017
Balance sheet — assets
Total current assets38 74144 14860 01662 78938 26632 09822 67831 249
Total non-current assets198 339193 830185 147251 889387 642380 706444 052450 766
Total assets237 080237 978245 163314 678425 908412 804466 730482 015
Balance sheet — liabilities and equity
Current liabilities18 19920 33527 56116 68815 29120 99661 76437 500
Non-current liabilities105 226101 03891 975183 985255 126232 785247 869290 082
Total liabilities123 425121 373119 536200 673270 417253 781309 633327 582
Share capital————————
Retained earnings of previous periods————————
Profit for the year-392929509022-11 623-67233532-1926-11 915
Total equity112 652115 602124 624113 002154 064157 596155 670143 755
Income statement
Sales revenue44 01350 23061 77752 500105 755111 551124 561116 307
Operating profit555611 93013 385-684836311 0062854-8835
EBITDA——————2854-8835
Profit before income tax2169960212 029-8531-29708294273-11 207
Profit for the reporting year-392929509022-11 623-67233532-1926-11 915
Labour costs——————75029289
Depreciation of non-current assets——————00
Other indicators
Employees11111243
Calculated dividend—0000000

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IK "Varkales"4Segliņa Dace
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Summary: IK "Varkales"

Overview

IK "Varkales" (reg. no. 45101001946) is a sole trader. The company was registered in 1992 and has been in the register for 34 years. Registered address: Jelgava, Cukura iela 3.

Financial results

Revenue in 2017 was 116 307 €, down 6,6% on the previous year (124 561 €). From 2010 to 2017, revenue grew by an average of 14,9% per year. 2017 ended with a loss of 11 915 €. The company was profitable in 3 of the 8 published years. In 2017 the company had 3 employees (4 a year earlier). Revenue per employee was 38 769 €. At the end of 2017, total assets were 482 015 € and equity 143 755 € (29,8% of assets).

Management and owners

The company has one board member.

Points to note

The latest published annual report is for 2017.

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.