SIA VASS LatviaActive
Key figures
Ratios
2025Balance sheet structure
Dividends
from the reportNo 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 | 185 533 | 1 306 763 | 1 710 881 | 1 587 580 | 2 964 748 | 3 693 098 | 2 708 410 | 3 286 171 | 2 659 282 | 1 976 604 | 2 820 320 | 3 619 966 | 5 082 972 | 4 862 892 | 4 198 102 | 5 470 315 |
| Total non-current assets | 22 220 | 38 478 | 23 764 | 33 744 | 53 947 | 55 949 | 39 850 | 34 170 | 24 202 | 21 350 | 14 755 | 17 085 | 51 753 | 51 591 | 35 743 | 31 790 |
| Total assets | 207 753 | 1 345 241 | 1 734 645 | 1 621 324 | 3 018 695 | 3 749 047 | 2 748 260 | 3 320 341 | 2 683 484 | 1 997 954 | 2 835 075 | 3 637 051 | 5 134 725 | 4 914 483 | 4 233 845 | 5 502 105 |
| Balance sheet — liabilities and equity | ||||||||||||||||
| Current liabilities | 223 069 | 362 718 | 912 258 | 778 978 | 1 626 864 | 887 093 | 804 085 | 654 798 | 524 959 | 715 890 | 1 617 458 | 1 041 425 | 1 001 699 | 1 722 383 | 658 455 | 250 155 |
| Non-current liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 46 619 | 0 | 0 | 0 | 0 | 0 |
| Total liabilities | 223 069 | 362 718 | 912 258 | 778 978 | 1 626 864 | 887 093 | 804 085 | 654 798 | 524 959 | 715 890 | 1 664 077 | 1 041 425 | 1 001 699 | 1 722 383 | 658 455 | 250 155 |
| Share capital | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Retained earnings of previous periods | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Profit for the year | -22 316 | 947 359 | 753 744 | 694 398 | 1 147 147 | 2 046 275 | 1 196 223 | 2 475 862 | 1 843 593 | 1 059 159 | 803 373 | 2 289 740 | 3 680 979 | 2 072 111 | 1 704 806 | 1 583 724 |
| Total equity | -15 316 | 943 619 | 766 518 | 701 399 | 1 163 367 | 2 632 942 | 1 750 980 | 2 486 842 | 1 930 435 | 1 089 593 | 892 966 | 2 332 706 | 3 713 685 | 2 722 796 | 3 427 602 | 4 946 294 |
| Income statement | ||||||||||||||||
| Sales revenue | 392 293 | 2 877 346 | 2 784 245 | 2 175 749 | 3 601 399 | 5 033 348 | 3 741 313 | 5 234 857 | 4 651 717 | 4 439 227 | 4 584 643 | 5 462 131 | 8 235 644 | 7 710 376 | 5 513 497 | 5 659 267 |
| Operating profit | -17 522 | 1 129 222 | 887 753 | 827 723 | 1 360 072 | 2 429 071 | 1 396 004 | 2 905 714 | 1 861 692 | 1 488 161 | 1 053 373 | 2 502 343 | 4 250 283 | 2 861 949 | 1 950 237 | 1 583 184 |
| Profit before income tax | -22 316 | 1 124 204 | 887 753 | 827 723 | 1 360 072 | 2 429 071 | 1 396 004 | 2 905 714 | 1 861 692 | 1 488 161 | 1 053 373 | 2 502 343 | 4 250 283 | 2 862 823 | 1 954 304 | 1 583 950 |
| Profit for the reporting year | -22 316 | 947 359 | 753 744 | 694 398 | 1 147 147 | 2 046 275 | 1 196 223 | 2 475 862 | 1 843 593 | 1 059 159 | 803 373 | 2 289 740 | 3 680 979 | 2 072 111 | 1 704 806 | 1 583 724 |
| Labour costs | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Depreciation of non-current assets | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Other indicators | ||||||||||||||||
| Employees | 13 | 31 | 33 | 33 | 34 | 38 | 39 | 40 | 47 | 50 | 46 | 49 | 57 | 78 | 76 | 68 |
| Calculated dividend | 0 | 0 | 837 895 | 0 | 2 062 477 | 576 700 | 2 078 185 | 1 740 000 | 2 400 000 | 1 900 001 | 1 000 000 | 850 000 | 2 300 000 | 3 063 000 | 1 000 000 | 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 VASS Latvia
Overview
SIA VASS Latvia (reg. no. 50103276801) is a limited liability company. The company was registered in 2010 and has been in the register for 16 years. Registered address: Rīga, Smilšu iela 3.
Financial results
Revenue in 2025 was 5 659 267 €, up 2,6% on the previous year (5 513 497 €). From 2010 to 2025, revenue grew by an average of 19,5% per year. Net profit for 2025 was 1 583 724 € (28,0% of revenue). The company was profitable in 15 of the 16 published years. In 2025 the company had 68 employees (76 a year earlier). Revenue per employee was 83 225 €. At the end of 2025, total assets were 5 502 105 € and equity 4 946 294 € (89,9% of assets).
Management and owners
The company has one board member. The sole owner of the company is VASS Germany GmbH.
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.