SIA servis-komercfirma "KVARCS"Active
Key figures
Ratios
2025Balance sheet structure
Dividends
calculatedNo dividends were paid.
Summary of financial statements2011–2025
| 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Balance sheet — assets | |||||||||||||||
| Total current assets | 745 058 | 733 199 | 694 875 | 838 181 | 804 572 | 790 217 | 746 796 | 721 434 | 828 034 | 739 647 | 693 481 | 707 413 | 598 807 | 517 122 | 420 619 |
| Total non-current assets | 70 284 | 52 949 | 45 204 | 90 164 | 76 630 | 61 944 | 47 048 | 30 795 | 31 451 | 48 283 | 35 642 | 27 808 | 20 148 | 12 978 | 7045 |
| Total assets | 815 342 | 786 148 | 740 079 | 928 345 | 881 202 | 852 161 | 793 844 | 752 229 | 859 485 | 787 930 | 729 123 | 735 221 | 618 955 | 530 100 | 427 664 |
| Balance sheet — liabilities and equity | |||||||||||||||
| Current liabilities | 123 564 | 155 627 | 83 936 | 333 822 | 272 718 | 260 376 | 258 056 | 358 257 | 455 974 | 456 198 | 385 942 | 431 545 | 383 143 | 387 776 | 324 276 |
| Non-current liabilities | 216 497 | 198 497 | 164 253 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 109 549 |
| Total liabilities | 340 061 | 354 124 | 248 189 | 333 822 | 272 718 | 260 376 | 258 056 | 358 257 | 455 974 | 456 198 | 385 942 | 431 545 | 383 143 | 387 776 | 433 825 |
| Share capital | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Retained earnings of previous periods | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Profit for the year | -2898 | -43 257 | 54 628 | -105 372 | 13 963 | 8135 | -47 997 | -41 816 | 9539 | -71 779 | 11 449 | -39 505 | -67 864 | -93 488 | -148 485 |
| Total equity | 474 187 | 430 930 | 490 796 | 592 968 | 606 929 | 591 785 | 535 788 | 393 972 | 403 511 | 331 732 | 343 181 | 303 676 | 235 812 | 142 324 | -6161 |
| Income statement | |||||||||||||||
| Sales revenue | 1 279 374 | 1 181 361 | 1 241 729 | 1 788 878 | 1 997 978 | 1 844 745 | 1 536 605 | 1 681 003 | 2 141 362 | 2 134 053 | 1 920 348 | 1 619 313 | 1 498 418 | 1 377 075 | 1 270 488 |
| Operating profit | -19 541 | -59 499 | 30 805 | -148 726 | -25 894 | -10 613 | -59 225 | -50 665 | 9872 | -62 241 | 17 790 | -33 895 | -62 848 | -87 984 | -143 493 |
| Profit before income tax | 5847 | -35 805 | 63 960 | -101 961 | 17 637 | 8135 | -47 997 | -40 888 | 10 968 | -69 021 | 11 744 | -39 378 | -67 763 | -93 046 | -148 388 |
| Profit for the reporting year | -2898 | -43 257 | 54 628 | -105 372 | 13 963 | 8135 | -47 997 | -41 816 | 9539 | -71 779 | 11 449 | -39 505 | -67 864 | -93 488 | -148 485 |
| Labour costs | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Depreciation of non-current assets | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Other indicators | |||||||||||||||
| Employees | 28 | 28 | 29 | 31 | 27 | 28 | 26 | 27 | 30 | 33 | 32 | 28 | 26 | 25 | 21 |
| Calculated dividend | 0 | 0 | 0 | 0 | 0 | 23 279 | 8000 | 100 000 | 0 | 0 | 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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Related companies
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Summary: SIA servis-komercfirma "KVARCS"
Overview
SIA servis-komercfirma "KVARCS" (reg. no. 47103000341) is a limited liability company. The company was registered in 1992 and has been in the register for 34 years. Registered address: Madonas nov., Madona, Rīgas iela 11A.
Financial results
Revenue in 2025 was 1 270 488 €, down 7,7% on the previous year (1 377 075 €). 2025 ended with a loss of 148 485 €. The company was profitable in 5 of the 15 published years. In 2025 the company had 21 employees (25 a year earlier). Revenue per employee was 60 499 €.
Management and owners
The board has 3 members. According to the register, the company has 4 owners. The largest stake (25%) is held by a private individual. The company holds a stake in one other active Latvian company.
Points to note
Equity was negative at the end of 2025 (-6161 €).
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.