SIA "V.E.S.D."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 | 7618 | 28 466 | 67 215 | 190 378 | 269 329 | 237 202 | 174 760 | 42 533 | 321 801 | 268 063 | 269 046 | 264 454 | 269 954 | 274 795 | 260 542 | 271 447 |
| Total non-current assets | 15 839 | 34 277 | 93 190 | 188 552 | 190 763 | 437 405 | 295 902 | 166 412 | 23 096 | 26 185 | 23 492 | 22 781 | 22 781 | 21 949 | 21 849 | 22 857 |
| Total assets | 23 457 | 62 743 | 160 405 | 378 930 | 460 092 | 674 607 | 470 662 | 208 945 | 344 897 | 294 248 | 292 538 | 287 235 | 292 735 | 296 744 | 282 391 | 294 304 |
| Balance sheet — liabilities and equity | ||||||||||||||||
| Current liabilities | 24 341 | 73 932 | 122 808 | 233 256 | 151 171 | 459 377 | 104 222 | 10 823 | 57 | 4466 | 4037 | 9796 | 12 056 | 16 995 | 4041 | 4633 |
| Non-current liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 191 960 | 0 | 150 000 | 150 000 | 150 000 | 150 000 | 150 153 | 150 209 | 150 209 | 150 153 |
| Total liabilities | 24 341 | 73 932 | 122 808 | 233 256 | 151 171 | 459 377 | 296 182 | 10 823 | 150 057 | 154 466 | 154 037 | 159 796 | 162 209 | 167 204 | 154 250 | 154 786 |
| Share capital | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Retained earnings of previous periods | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Profit for the year | -2884 | -10 305 | 48 786 | 106 792 | 101 645 | -76 861 | 3698 | 114 753 | 80 052 | -55 058 | -1281 | -11 062 | 2562 | -1246 | -1398 | 11 377 |
| Total equity | -884 | -11 189 | 37 597 | 145 674 | 308 921 | 215 230 | 174 480 | 198 122 | 194 840 | 139 782 | 138 501 | 127 439 | 130 526 | 129 540 | 128 141 | 139 518 |
| Income statement | ||||||||||||||||
| Sales revenue | 12 466 | 71 728 | 185 328 | 492 235 | 538 363 | 712 195 | 639 914 | 454 347 | 74 600 | 6975 | 15 000 | 5000 | 12 000 | 20 500 | 48 460 | 42 111 |
| Operating profit | -2884 | -10 305 | 51 437 | 120 452 | 101 645 | -75 741 | 8950 | 123 794 | 80 052 | -55 058 | -1281 | -11 062 | 2562 | -1246 | -1398 | 11 377 |
| EBITDA | -1830 | -5602 | 65 783 | 160 781 | — | — | — | — | — | — | — | — | — | — | — | — |
| Profit before income tax | -2884 | -10 305 | 51 437 | 120 452 | 101 645 | -76 717 | 3698 | 123 794 | 80 052 | -55 058 | -1281 | -11 062 | 2562 | -1246 | -1398 | 11 377 |
| Profit for the reporting year | -2884 | -10 305 | 48 786 | 106 792 | 101 645 | -76 861 | 3698 | 114 753 | 80 052 | -55 058 | -1281 | -11 062 | 2562 | -1246 | -1398 | 11 377 |
| Labour costs | 887 | 5757 | 30 480 | 76 181 | — | — | — | — | — | — | — | — | — | — | — | — |
| Depreciation of non-current assets | 1054 | 4703 | 14 346 | 40 329 | — | — | — | — | — | — | — | — | — | — | — | — |
| Other indicators | ||||||||||||||||
| Employees | 5 | 6 | 11 | 20 | 23 | 23 | 17 | 3 | 2 | 1 | 1 | 1 | 1 | 1 | 1 | 1 |
| Calculated dividend | — | 0 | 0 | 0 | 0 | 16 830 | 44 448 | 91 111 | 83 334 | 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.S.D."
Overview
SIA "V.E.S.D." (reg. no. 50103307961) is a limited liability company. The company was registered in 2010 and has been in the register for 16 years. Registered address: Rīga, Ganību dambis 22F.
Financial results
Revenue in 2025 was 42 111 €, down 13,1% on the previous year (48 460 €). From 2010 to 2025, revenue grew by an average of 8,5% per year. Net profit for 2025 was 11 377 € (27,0% of revenue). The company was profitable in 8 of the 16 published years. In 2025 the company had 1 employees. Revenue per employee was 42 111 €. At the end of 2025, total assets were 294 304 € and equity 139 518 € (47,4% 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 03.11.2026. Changes, averages and ratios are calculated by entity.lv from open data and are not an official assessment.