Sabiedrība ar ierobežotu atbildību "VECVAGARI M"Active
Key figures
Ratios
2025Balance sheet structure
Dividends
from the reportDividends paid 5000 € (<1% of equity at the end of the previous year).
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 | 1 098 974 | 1 376 387 | 1 636 520 | 2 995 584 | 3 761 021 | 3 992 365 | 4 349 739 | 4 124 181 | 3 597 961 | 4 121 289 | 4 629 692 | 5 259 636 | 4 985 302 | 4 929 841 | 5 939 247 |
| Total non-current assets | 658 872 | 959 723 | 998 219 | 1 313 283 | 1 448 121 | 1 948 787 | 1 947 882 | 2 648 365 | 3 619 259 | 4 706 947 | 4 676 147 | 4 715 952 | 6 558 247 | 5 705 629 | 5 194 542 |
| Total assets | 1 757 846 | 2 336 110 | 2 634 739 | 4 308 867 | 5 209 142 | 5 941 152 | 6 297 621 | 6 772 546 | 7 217 220 | 8 828 236 | 9 305 839 | 9 975 588 | 11 543 549 | 10 635 470 | 11 133 789 |
| Balance sheet — liabilities and equity | |||||||||||||||
| Current liabilities | 227 028 | 311 919 | 166 296 | 405 950 | 523 847 | 613 006 | 493 892 | 671 754 | 747 762 | 890 371 | 953 118 | 1 018 312 | 1 294 143 | 1 395 448 | 1 746 085 |
| Non-current liabilities | 62 509 | 16 205 | 35 381 | 34 250 | 18 955 | 7686 | 0 | 139 000 | 144 670 | 78 670 | 58 670 | 40 000 | 44 500 | 227 927 | 222 927 |
| Total liabilities | 289 537 | 328 124 | 201 677 | 440 200 | 542 802 | 620 692 | 493 892 | 810 754 | 892 432 | 969 041 | 1 011 788 | 1 058 312 | 1 338 643 | 1 623 375 | 1 969 012 |
| Share capital | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Retained earnings of previous periods | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Profit for the year | 524 651 | 539 677 | 425 076 | 406 732 | 828 384 | 654 120 | 483 269 | 358 077 | 462 996 | 1 534 406 | 434 856 | 623 225 | 1 387 629 | -892 811 | 152 682 |
| Total equity | 1 468 309 | 2 007 986 | 2 433 062 | 3 868 667 | 4 666 340 | 5 320 460 | 5 803 729 | 5 961 792 | 6 324 788 | 7 859 195 | 8 294 051 | 8 917 276 | 10 204 906 | 9 012 095 | 9 164 777 |
| Income statement | |||||||||||||||
| Sales revenue | 3 574 038 | 3 575 936 | 3 279 612 | 5 275 023 | 5 961 801 | 6 042 845 | 6 168 598 | 6 830 246 | 8 909 475 | 11 347 901 | 12 424 063 | 16 608 766 | 18 420 435 | 14 801 098 | 15 737 751 |
| Operating profit | 630 587 | 638 501 | 488 497 | 484 403 | 981 377 | 746 577 | 574 300 | 358 538 | 463 411 | 1 534 738 | 435 152 | 623 410 | 1 387 982 | -892 542 | 153 004 |
| Profit before income tax | 613 092 | 635 735 | 488 264 | 484 357 | 981 377 | 746 577 | 574 300 | 358 538 | 463 411 | 1 534 738 | 435 152 | 623 410 | 1 387 982 | -892 542 | 153 004 |
| Profit for the reporting year | 524 651 | 539 677 | 425 076 | 406 732 | 828 384 | 654 120 | 483 269 | 358 077 | 462 996 | 1 534 406 | 434 856 | 623 225 | 1 387 629 | -892 811 | 152 682 |
| Labour costs | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Depreciation of non-current assets | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Other indicators | |||||||||||||||
| Employees | 66 | 77 | 88 | 96 | 99 | 98 | 101 | 104 | 134 | 153 | 177 | 189 | 203 | 172 | 161 |
| Calculated dividend | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 84 330 | 66 000 | 20 000 | 18 670 | 75 500 | 56 573 | 5000 |
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: Sabiedrība ar ierobežotu atbildību "VECVAGARI M"
Overview
Sabiedrība ar ierobežotu atbildību "VECVAGARI M" (reg. no. 48503010838) is a limited liability company. The company was registered in 2005 and has been in the register for 21 years. Registered address: Saldus nov., Lutriņu pag., Namiķi, Zaļā iela 1 - 3.
Financial results
Revenue in 2025 was 15 737 751 €, up 6,3% on the previous year (14 801 098 €). From 2011 to 2025, revenue grew by an average of 11,2% per year. Net profit for 2025 was 152 682 € (1,0% of revenue). The company was profitable in 14 of the 15 published years. In 2025 the company had 161 employees (172 a year earlier). Revenue per employee was 97 750 €. At the end of 2025, total assets were 11 133 789 € and equity 9 164 777 € (82,3% of assets).
Management and owners
The company has one board member. The sole owner of the company is a private individual. The company holds a stake in one other active Latvian company.
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.