SIA "VG Max"Active
Key figures
Ratios
2025Balance sheet structure
Dividends
calculatedNo dividends were paid.
Summary of financial statements2013–2025
| 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Balance sheet — assets | |||||||||||||
| Total current assets | 58 076 | 123 860 | 145 682 | 97 642 | 122 387 | 73 083 | 120 733 | 90 265 | 116 352 | 87 853 | 115 942 | 136 469 | 149 259 |
| Total non-current assets | 2633 | 14 098 | 10 772 | 7515 | 21 272 | 17 505 | 22 180 | 15 887 | 7457 | 3728 | 0 | 0 | 0 |
| Total assets | 60 709 | 137 958 | 156 454 | 105 157 | 143 659 | 90 588 | 142 913 | 106 152 | 123 809 | 91 581 | 115 942 | 136 469 | 149 259 |
| Balance sheet — liabilities and equity | |||||||||||||
| Current liabilities | 38 629 | 85 047 | 106 505 | 67 927 | 89 674 | 46 489 | 119 223 | 74 348 | 79 917 | 44 590 | 48 008 | 59 073 | 69 400 |
| Non-current liabilities | 0 | 0 | 0 | 0 | 8124 | 5292 | 2304 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total liabilities | 38 629 | 85 047 | 106 505 | 67 927 | 97 798 | 51 781 | 121 527 | 74 348 | 79 917 | 44 590 | 48 008 | 59 073 | 69 400 |
| Share capital | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Retained earnings of previous periods | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Profit for the year | 20 090 | 41 494 | 27 038 | -1337 | 35 742 | -7054 | 18 558 | 10 418 | 12 088 | 3099 | 20 943 | 9462 | 2463 |
| Total equity | 22 080 | 52 911 | 49 949 | 37 230 | 45 861 | 38 807 | 21 386 | 31 804 | 43 892 | 46 991 | 67 934 | 77 396 | 79 859 |
| Income statement | |||||||||||||
| Sales revenue | 255 964 | 877 520 | 916 581 | 856 783 | 819 329 | 794 731 | 849 312 | 822 929 | 756 697 | 637 364 | 665 159 | 810 037 | 902 915 |
| Operating profit | 23 528 | 48 350 | 32 461 | -978 | 42 554 | -6254 | 18 921 | 10 899 | 12 435 | 3302 | 21 158 | 9685 | 10 155 |
| Profit before income tax | 23 528 | 48 350 | 32 461 | -978 | 42 012 | -7034 | 18 558 | 10 503 | 12 186 | 3129 | 20 973 | 9475 | 10 017 |
| Profit for the reporting year | 20 090 | 41 494 | 27 038 | -1337 | 35 742 | -7054 | 18 558 | 10 418 | 12 088 | 3099 | 20 943 | 9462 | 2463 |
| Labour costs | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Depreciation of non-current assets | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Other indicators | |||||||||||||
| Employees | 3 | 2 | 2 | 2 | 4 | 5 | 5 | 5 | 4 | 5 | 4 | 3 | 3 |
| Calculated dividend | — | 10 663 | 30 000 | 11 382 | 27 111 | 0 | 35 979 | 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 "VG Max"
Overview
SIA "VG Max" (reg. no. 50103678401) is a limited liability company. The company was registered in 2013 and has been in the register for 13 years. Registered address: Rīga, Rankas iela 13.
Financial results
Revenue in 2025 was 902 915 €, up 11,5% on the previous year (810 037 €). From 2013 to 2025, revenue grew by an average of 11,1% per year. Net profit for 2025 was 2463 € (0,3% of revenue). The company was profitable in 11 of the 13 published years. In 2025 the company had 3 employees. Revenue per employee was 300 972 €. At the end of 2025, total assets were 149 259 € and equity 79 859 € (53,5% 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.