SIA "VelexAuto"Active
Key figures
Ratios
2025Balance sheet structure
Dividends
calculatedPaid out in dividends approximately 115 700 € (31% of equity at the end of the previous year).
Low confidence: the company does not file a cash flow statement, so the amount is an estimate from changes in equity — it may also include other reductions of equity (e.g. a share capital reduction).
Summary of financial statements2014–2025
| 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Balance sheet — assets | ||||||||||||
| Total current assets | 4498 | 7325 | 27 988 | 42 424 | 69 240 | 122 457 | 237 126 | 250 368 | 582 202 | 342 243 | 338 673 | 249 261 |
| Total non-current assets | 11 700 | 6462 | 19 500 | 75 477 | 171 897 | 162 310 | 260 540 | 430 092 | 778 360 | 621 620 | 168 734 | 99 305 |
| Total assets | 16 198 | 13 787 | 47 488 | 117 901 | 241 137 | 284 767 | 497 666 | 680 460 | 1 360 562 | 963 863 | 507 407 | 348 566 |
| Balance sheet — liabilities and equity | ||||||||||||
| Current liabilities | 793 | 9428 | 23 169 | 35 387 | 103 963 | 106 957 | 154 446 | 160 700 | 308 458 | 551 395 | 96 755 | 73 810 |
| Non-current liabilities | 6470 | 8975 | 9793 | 46 745 | 68 038 | 58 946 | 113 273 | 212 327 | 462 250 | 60 876 | 37 423 | 14 403 |
| Total liabilities | 7263 | 18 403 | 32 962 | 82 132 | 172 001 | 165 903 | 267 719 | 373 027 | 770 708 | 612 271 | 134 178 | 88 213 |
| Share capital | — | — | — | — | — | — | — | — | — | — | — | — |
| Retained earnings of previous periods | — | — | — | — | — | — | — | — | — | — | — | — |
| Profit for the year | -1065 | -13 551 | 14 142 | -2757 | 28 768 | 49 728 | 148 583 | 114 986 | 352 421 | -183 262 | 31 637 | 2824 |
| Total equity | 8935 | -4616 | 14 526 | 35 769 | 69 136 | 118 864 | 229 947 | 307 433 | 589 854 | 351 592 | 373 229 | 260 353 |
| Income statement | ||||||||||||
| Sales revenue | 0 | 39 720 | 238 382 | 586 800 | 1 134 664 | 1 272 058 | 1 481 937 | 2 082 603 | 2 303 853 | 1 905 583 | 1 013 523 | 1 014 751 |
| Operating profit | -1065 | -13 215 | 14 754 | -824 | 32 657 | 54 050 | 153 070 | 120 955 | 369 429 | -150 635 | 41 720 | 8785 |
| Profit before income tax | -1065 | -13 551 | 14 142 | -2757 | 28 768 | 49 728 | 148 583 | 114 986 | 352 421 | -183 262 | 31 637 | 2824 |
| Profit for the reporting year | -1065 | -13 551 | 14 142 | -2757 | 28 768 | 49 728 | 148 583 | 114 986 | 352 421 | -183 262 | 31 637 | 2824 |
| Labour costs | — | — | — | — | — | — | — | — | — | — | — | — |
| Depreciation of non-current assets | — | — | — | — | — | — | — | — | — | — | — | — |
| Other indicators | ||||||||||||
| Employees | 0 | 1 | 2 | 6 | 10 | 17 | 19 | 25 | 25 | 28 | 20 | 16 |
| Calculated dividend | — | 0 | 0 | 0 | 0 | 0 | 37 500 | 37 500 | 70 000 | 55 000 | 10 000 | 115 700 |
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: SIA "VelexAuto"
Overview
SIA "VelexAuto" (reg. no. 45403038976) is a limited liability company. The company was registered in 2014 and has been in the register for 12 years. Registered address: Aizkraukles nov., Aizkraukle, Lāčplēša iela 29 - 36.
Financial results
Revenue in 2025 was 1 014 751 €, on a par with the previous year. Net profit for 2025 was 2824 € (0,3% of revenue). The company was profitable in 8 of the 12 published years. In 2025 the company had 16 employees (20 a year earlier). Revenue per employee was 63 422 €. At the end of 2025, total assets were 348 566 € and equity 260 353 € (74,7% of assets).
Management and owners
The board has 2 members. According to the register, the company has 2 owners. The largest stake (50%) 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.