SIA "Velorats"Active

45403014588Limited liability companyFounded 2004

Key figures

30 685 €+0,4%
Revenue 2025
+2,6%
Average annual growth 2010–2025
020 k40 k60 k’10’11’12’13’14’15’16’17’18’19’20’21’22’23’24’25

Ratios

2025
Balance sheet structure
Current assetsNon-current assetsLiabilitiesEquity
020 k40 k’10’11’12’13’14’15’16’17’18’19’20’21’22’23’24’25
Summary of financial statements2010–2025
2010201120122013201420152016201720182019202020212022202320242025
Balance sheet — assets
Total current assets665361035892671814 45813 18513 37824 35923 38323 92625 12730 98136 25537 11339 16735 319
Total non-current assets385192000012547171790907544182000
Total assets703862955892671814 45813 18514 63225 07623 56223 92626 03431 52536 43737 11339 16735 319
Balance sheet — liabilities and equity
Current liabilities81108413792355427118382116344517171384103947353609820
Non-current liabilities0000044923222322232223222322232603260373637183328
Total liabilities8110841379235542711848744385366749394606426137333796373647003328
Share capital————————————————
Retained earnings of previous periods————————————————
Profit for the year-1464-135636432075667971193611 338-2328698245260204849735-4334-2476
Total equity-1361-2717-235385468827853978920 95118 62319 32021 77327 79232 64133 37734 46731 991
Income statement
Sales revenue20 95422 96621 74427 75848 46038 03628 22822 28525 35028 49438 85835 02935 10137 00030 56230 685
Operating profit-1464-1356364320765311361193611 338-2328698245260204849735-4334-2476
Profit before income tax-1464-135636432076531971193611 338-2328698245260204849735-4334-2476
Profit for the reporting year-1464-135636432075667971193611 338-2328698245260204849735-4334-2476
Labour costs————————————————
Depreciation of non-current assets————————————————
Other indicators
Employees4443333222211111
Calculated dividend—000000000000000

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100%SIA "Velorats"1Griestiņš Normunds
CompanyPersonShareholderOther roleAdditional link

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Shared members or board members

Summary: SIA "Velorats"

Overview

SIA "Velorats" (reg. no. 45403014588) is a limited liability company. The company was registered in 2004 and has been in the register for 21 years. Registered address: Madonas nov., Madona, Rīgas iela 1A.

Financial results

Revenue in 2025 was 30 685 €, on a par with the previous year. From 2010 to 2025, revenue grew by an average of 2,6% per year. 2025 ended with a loss of 2476 €. The company was profitable in 11 of the 16 published years. In 2025 the company had 1 employees. Revenue per employee was 30 685 €. At the end of 2025, total assets were 35 319 € and equity 31 991 € (90,6% 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.