Sabiedrība ar ierobežotu atbildību "VELO MACHINE"Active
Key figures
Ratios
2025Balance sheet structure
Dividends
calculatedNo dividends were paid.
Summary of financial statements2011–2025
| 2011 | 2013 | 2014 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Balance sheet — assets | |||||||||||||
| Total current assets | 8719 | 17 990 | 24 052 | 20 453 | 43 019 | 26 478 | 126 998 | 661 334 | 564 165 | 517 591 | 343 338 | 261 923 | 347 776 |
| Total non-current assets | 0 | 4148 | 5386 | 5267 | 4445 | 6674 | 76 290 | 200 500 | 182 324 | 225 909 | 233 492 | 169 829 | 74 949 |
| Total assets | 8719 | 22 138 | 29 438 | 25 720 | 47 464 | 33 152 | 203 288 | 861 834 | 746 489 | 743 500 | 576 830 | 431 752 | 422 725 |
| Balance sheet — liabilities and equity | |||||||||||||
| Current liabilities | 7529 | 31 567 | 67 229 | 79 619 | 83 868 | 86 519 | 122 992 | 218 523 | 186 197 | 181 333 | 153 365 | 62 745 | 73 575 |
| Non-current liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total liabilities | 7529 | 31 567 | 67 229 | 79 619 | 83 868 | 86 519 | 122 992 | 218 523 | 186 197 | 181 333 | 153 365 | 62 745 | 73 575 |
| Share capital | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Retained earnings of previous periods | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Profit for the year | -910 | -4402 | -24 375 | 10 204 | 17 496 | -16 964 | 133 663 | 563 015 | 16 981 | -181 538 | -138 701 | 35 082 | -19 858 |
| Total equity | 1190 | -9429 | -37 791 | -53 899 | -36 404 | -53 367 | 80 296 | 643 311 | 560 292 | 562 167 | 423 465 | 369 007 | 349 150 |
| Income statement | |||||||||||||
| Sales revenue | 0 | 38 785 | 39 951 | 60 472 | 91 743 | 68 556 | 316 967 | 1 727 616 | 1 134 213 | 1 002 262 | 861 866 | 585 124 | 477 286 |
| Operating profit | -910 | -4402 | -24 375 | 10 204 | 18 219 | -16 964 | 132 822 | 561 400 | 41 981 | -181 538 | -138 701 | 35 093 | -19 858 |
| Profit before income tax | -910 | -4402 | -24 375 | 10 204 | 18 219 | -16 964 | 133 663 | 563 015 | 41 981 | -181 538 | -138 701 | 35 093 | -19 858 |
| Profit for the reporting year | -910 | -4402 | -24 375 | 10 204 | 17 496 | -16 964 | 133 663 | 563 015 | 16 981 | -181 538 | -138 701 | 35 082 | -19 858 |
| Labour costs | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Depreciation of non-current assets | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Other indicators | |||||||||||||
| Employees | 1 | 4 | 4 | 4 | 5 | 5 | 5 | 17 | 19 | 15 | 19 | 13 | 12 |
| Calculated dividend | 0 | — | 0 | — | 0 | 0 | 0 | 0 | 100 000 | 0 | 0 | 89 540 | 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: Sabiedrība ar ierobežotu atbildību "VELO MACHINE"
Overview
Sabiedrība ar ierobežotu atbildību "VELO MACHINE" (reg. no. 50103384091) is a limited liability company. The company was registered in 2011 and has been in the register for 15 years. Registered address: Ropažu nov., Stopiņu pag., Ulbroka, Lielā iela 3.
Financial results
Revenue in 2025 was 477 286 €, down 18,4% on the previous year (585 124 €). 2025 ended with a loss of 19 858 €. The company was profitable in 6 of the 13 published years. In 2025 the company had 12 employees (13 a year earlier). Revenue per employee was 39 774 €. At the end of 2025, total assets were 422 725 € and equity 349 150 € (82,6% of assets).
Management and owners
The board has 2 members. According to the register, the company has 2 owners. The largest stake (50%) is held by 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.