SIA "V.E.L.G."Active
Key figures
Ratios
2025Balance sheet structure
Dividends
calculatedNo dividends were paid.
Summary of financial statements2010–2025
| 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Balance sheet — assets | ||||||||||||||||
| Total current assets | 1849 | 32 842 | 52 383 | 72 652 | 55 146 | 65 706 | 112 159 | 86 104 | 153 022 | 291 153 | 375 111 | 453 949 | 686 252 | 1 159 085 | 1 569 084 | 2 612 640 |
| Total non-current assets | 0 | 82 842 | 211 993 | 572 820 | 841 582 | 853 490 | 756 002 | 737 568 | 746 270 | 1 040 588 | 1 039 474 | 1 011 153 | 986 129 | 952 103 | 1 172 922 | 849 960 |
| Total assets | 1849 | 115 684 | 264 376 | 645 472 | 896 728 | 919 196 | 868 161 | 823 672 | 899 292 | 1 331 741 | 1 414 585 | 1 465 102 | 1 672 381 | 2 111 188 | 2 742 006 | 3 462 600 |
| Balance sheet — liabilities and equity | ||||||||||||||||
| Current liabilities | 0 | 28 076 | 63 212 | 66 770 | 46 623 | 39 869 | 47 995 | 108 773 | 479 797 | 440 630 | 197 860 | 173 079 | 112 630 | 85 571 | 80 647 | 98 973 |
| Non-current liabilities | 147 | 2691 | 93 660 | 438 340 | 594 701 | 559 938 | 516 420 | 400 036 | 0 | 321 778 | 602 995 | 284 045 | 0 | 0 | 0 | 0 |
| Total liabilities | 147 | 30 767 | 156 872 | 505 110 | 641 324 | 599 807 | 564 415 | 508 809 | 479 797 | 762 408 | 800 855 | 457 124 | 112 630 | 85 571 | 80 647 | 98 973 |
| Share capital | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Retained earnings of previous periods | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Profit for the year | -30 | 83 215 | 72 587 | 32 859 | 55 686 | 63 986 | -15 643 | 11 117 | 147 954 | 125 007 | 69 228 | 394 248 | 551 773 | 465 866 | 635 742 | 702 268 |
| Total equity | 1702 | 84 917 | 107 504 | 140 362 | 255 404 | 319 389 | 303 746 | 314 863 | 419 495 | 544 502 | 613 730 | 1 007 978 | 1 559 751 | 2 025 617 | 2 661 359 | 3 363 627 |
| Income statement | ||||||||||||||||
| Sales revenue | 0 | 212 545 | 337 342 | 329 822 | 571 485 | 661 688 | 546 189 | 723 580 | 708 977 | 1 008 185 | 891 476 | 1 379 539 | 1 591 916 | 1 463 370 | 1 633 179 | 1 711 695 |
| Operating profit | -30 | 98 026 | 85 104 | 47 213 | 71 107 | 84 171 | -17 133 | 35 806 | 151 831 | 137 127 | 91 356 | 398 370 | 548 005 | 448 076 | 600 193 | 662 014 |
| Profit before income tax | -30 | 97 810 | 84 431 | 40 539 | 66 130 | 76 691 | -15 643 | 16 675 | 148 678 | 125 710 | 69 833 | 394 557 | 552 135 | 466 477 | 636 786 | 702 626 |
| Profit for the reporting year | -30 | 83 215 | 72 587 | 32 859 | 55 686 | 63 986 | -15 643 | 11 117 | 147 954 | 125 007 | 69 228 | 394 248 | 551 773 | 465 866 | 635 742 | 702 268 |
| Labour costs | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Depreciation of non-current assets | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Other indicators | ||||||||||||||||
| Employees | 0 | 20 | 23 | 21 | 22 | 25 | 31 | 38 | 35 | 51 | 50 | 53 | 51 | 48 | 51 | 52 |
| Calculated dividend | — | 0 | 50 000 | 0 | 0 | 0 | 0 | 0 | 43 322 | 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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Summary: SIA "V.E.L.G."
Overview
SIA "V.E.L.G." (reg. no. 50003784281) is a limited liability company. The company was registered in 2005 and has been in the register for 20 years. Registered address: Rīga, Garozes iela 25 - 2.
Financial results
Revenue in 2025 was 1 711 695 €, up 4,8% on the previous year (1 633 179 €). This is the company's highest revenue among the published years (2010–2025). Net profit for 2025 was 702 268 € (41,0% of revenue). The company was profitable in 14 of the 16 published years. In 2025 the company had 52 employees (51 a year earlier). Revenue per employee was 32 917 €. At the end of 2025, total assets were 3 462 600 € and equity 3 363 627 € (97,1% 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 02.11.2026. Changes, averages and ratios are calculated by entity.lv from open data and are not an official assessment.