SIA "VELFE"Active
Key figures
Ratios
2025Balance sheet structure
Dividends
calculatedNo dividends were paid.
Summary of financial statements2014–2025
| 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Balance sheet — assets | ||||||||||||
| Total current assets | 4197 | 18 541 | 18 632 | 15 268 | 48 809 | 56 611 | 108 573 | 149 283 | 153 813 | 80 516 | 78 987 | 91 152 |
| Total non-current assets | 514 | 2224 | 1793 | 1088 | 17 141 | 16 515 | 15 071 | 17 603 | 17 724 | 40 644 | 31 280 | 20 686 |
| Total assets | 4711 | 20 765 | 20 425 | 16 356 | 65 950 | 73 126 | 123 644 | 166 886 | 171 537 | 121 160 | 110 267 | 111 838 |
| Balance sheet — liabilities and equity | ||||||||||||
| Current liabilities | 7068 | 21 897 | 22 835 | 17 469 | 27 912 | 23 306 | 15 693 | 11 913 | 20 854 | 25 131 | 12 961 | 11 503 |
| Non-current liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total liabilities | 7068 | 21 897 | 22 835 | 17 469 | 27 912 | 23 306 | 15 693 | 11 913 | 20 854 | 25 131 | 12 961 | 11 503 |
| Share capital | — | — | — | — | — | — | — | — | — | — | — | — |
| Retained earnings of previous periods | — | — | — | — | — | — | — | — | — | — | — | — |
| Profit for the year | -2362 | -3770 | -1279 | 1297 | 39 151 | 11 782 | 58 131 | 47 022 | -4290 | -45 904 | 1277 | 3029 |
| Total equity | -2357 | -1132 | -2410 | -1113 | 38 038 | 49 820 | 107 951 | 154 973 | 150 683 | 96 029 | 97 306 | 100 335 |
| Income statement | ||||||||||||
| Sales revenue | 13 895 | 161 361 | 233 335 | 264 767 | 419 543 | 593 672 | 706 825 | 751 105 | 757 738 | 801 136 | 852 956 | 905 628 |
| Operating profit | -2362 | -3770 | -1279 | 1375 | 39 151 | 11 782 | 58 131 | 47 022 | -4290 | -45 904 | 1277 | 3029 |
| EBITDA | -2316 | — | — | — | — | — | — | — | — | — | — | — |
| Profit before income tax | -2362 | -3770 | -1279 | 1375 | 39 151 | 11 782 | 58 131 | 47 022 | -4290 | -45 904 | 1277 | 3029 |
| Profit for the reporting year | -2362 | -3770 | -1279 | 1297 | 39 151 | 11 782 | 58 131 | 47 022 | -4290 | -45 904 | 1277 | 3029 |
| Labour costs | 3384 | — | — | — | — | — | — | — | — | — | — | — |
| Depreciation of non-current assets | 46 | — | — | — | — | — | — | — | — | — | — | — |
| Other indicators | ||||||||||||
| Employees | 1 | 2 | 3 | 4 | 4 | 5 | 7 | 7 | 7 | 7 | 7 | 7 |
| Calculated dividend | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 8750 | 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 "VELFE"
Overview
SIA "VELFE" (reg. no. 50103730641) is a limited liability company. The company was registered in 2013 and has been in the register for 12 years. Registered address: Rīga, Taisnā iela 71A.
Financial results
Revenue in 2025 was 905 628 €, up 6,2% on the previous year (852 956 €). From 2014 to 2025, revenue grew by an average of 46,2% per year. This is the company's highest revenue among the published years (2014–2025). Net profit for 2025 was 3029 € (0,3% of revenue). The company was profitable in 7 of the 12 published years. In 2025 the company had 7 employees. Revenue per employee was 129 375 €. At the end of 2025, total assets were 111 838 € and equity 100 335 € (89,7% 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.