"FORVUS" SIAActive
Key figures
Ratios
2025Balance sheet structure
Summary of financial statements2014–2025
| 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Balance sheet — assets | ||||||||||||
| Total current assets | 23 556 | 38 051 | 39 831 | 49 232 | 59 676 | 57 248 | 80 846 | 67 700 | 73 738 | 105 824 | 76 236 | 162 275 |
| Total non-current assets | 475 785 | 458 694 | 464 707 | 443 451 | 442 303 | 671 529 | 672 615 | 712 527 | 666 564 | 612 255 | 566 002 | 485 920 |
| Total assets | 499 341 | 496 745 | 504 538 | 492 683 | 501 979 | 728 777 | 753 461 | 780 227 | 740 302 | 718 079 | 642 238 | 648 195 |
| Balance sheet — liabilities and equity | ||||||||||||
| Current liabilities | 4348 | 5344 | 5434 | 6568 | 8391 | 8699 | 19 617 | 22 919 | 43 632 | 27 330 | 25 007 | 34 566 |
| Non-current liabilities | 495 000 | 495 000 | 515 000 | 520 000 | 575 000 | 753 000 | 753 000 | 753 000 | 727 000 | 673 000 | 608 800 | 35 616 |
| Total liabilities | 499 348 | 500 344 | 520 434 | 526 568 | 583 391 | 761 699 | 772 617 | 775 919 | 770 632 | 700 330 | 633 807 | 70 182 |
| Share capital | — | — | — | — | — | — | — | — | — | — | — | — |
| Retained earnings of previous periods | — | — | — | — | — | — | — | — | — | — | — | — |
| Profit for the year | -2807 | -3592 | -12 297 | -17 989 | -47 527 | 48 490 | 13 766 | 23 464 | -34 638 | 48 079 | -9318 | 69 558 |
| Total equity | -7 | -3599 | -15 896 | -33 885 | -81 412 | -32 922 | -19 156 | 4308 | -30 330 | 17 749 | 8431 | 578 013 |
| Income statement | ||||||||||||
| Sales revenue | 38 980 | 53 701 | 62 893 | 68 423 | 65 281 | 196 748 | 100 386 | 162 067 | 250 640 | 191 383 | 189 216 | 225 370 |
| Operating profit | -663 | 2469 | -12 297 | -17 989 | -47 527 | 48 490 | 13 766 | 23 464 | -34 638 | 48 079 | -9318 | 69 558 |
| Profit before income tax | -663 | 2469 | -12 297 | -17 989 | -47 527 | 48 490 | 13 766 | 23 464 | -34 638 | 48 079 | -9318 | 69 558 |
| Profit for the reporting year | -2807 | -3592 | -12 297 | -17 989 | -47 527 | 48 490 | 13 766 | 23 464 | -34 638 | 48 079 | -9318 | 69 558 |
| Labour costs | — | — | — | — | — | — | — | — | — | — | — | — |
| Depreciation of non-current assets | — | — | — | — | — | — | — | — | — | — | — | — |
| Other indicators | ||||||||||||
| Employees | 1 | 1 | 1 | 1 | 1 | 3 | 3 | 4 | 4 | 4 | 4 | 4 |
| Calculated dividend | — | 0 | 0 | 0 | 0 | 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: "FORVUS" SIA
Overview
"FORVUS" SIA (reg. no. 50103761641) is a limited liability company. The company was registered in 2014 and has been in the register for 12 years. Registered address: Rīga, Vārnu iela 9 - 20.
Financial results
Revenue in 2025 was 225 370 €, up 19,1% on the previous year (189 216 €). From 2014 to 2025, revenue grew by an average of 17,3% per year. Net profit for 2025 was 69 558 € (30,9% of revenue). The company was profitable in 5 of the 12 published years. In 2025 the company had 4 employees. Revenue per employee was 56 343 €. At the end of 2025, total assets were 648 195 € and equity 578 013 € (89,2% 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.