SIA "German LV"Active

50103858411Limited liability companyFounded 2015

Key figures

30 645 €-14,6%
Revenue 2025
-4,3%
Average annual change 2015–2025
020 k40 k60 k’15’16’17’18’19’20’21’22’23’24’25

Ratios

2025
Balance sheet structure
Current assetsNon-current assetsLiabilitiesEquity
010 k20 k30 k’15’16’17’18’19’20’21’22’23’24’25
Summary of financial statements2015–2025
20152016201720182019202020212022202320242025
Balance sheet — assets
Total current assets6037254714731462140864878654877434474816
Total non-current assets47430261910000000
Total assets6084297717341553140864878654877434474816
Balance sheet — liabilities and equity
Current liabilities5814979718 04017 06616 90918 92020 86522 54323 22523 70813 423
Non-current liabilities00000000000
Total liabilities5814979718 04017 06616 90918 92020 86522 54323 22523 70813 423
Share capital———————————
Retained earnings of previous periods———————————
Profit for the year269-7089-948679312-34132927-8513-37516627
Total equity270-6820-16 306-15 513-15 501-18 914-15 987-15 995-15 482-19 234-12 607
Income statement
Sales revenue47 62035 45930 34222 53923 70913 20623 79832 49339 78935 87230 645
Operating profit4559-7089-948679312-34132927-8513-37516627
Profit before income tax4559-7089-948679312-34132927-8513-37516627
Profit for the reporting year269-7089-948679312-34132927-8513-37516627
Labour costs———————————
Depreciation of non-current assets———————————
Other indicators
Employees55433223322
Calculated dividend—0000000000

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100%SIA "German LV"1Šelkovska Svetlana
CompanyPersonShareholderOther roleAdditional link

Related companies

Shared members or board members
Same registered address

Summary: SIA "German LV"

Overview

SIA "German LV" (reg. no. 50103858411) is a limited liability company. The company was registered in 2015 and has been in the register for 11 years. Registered address: Rīga, Lielirbes iela 11 - 27.

Financial results

Revenue in 2025 was 30 645 €, down 14,6% on the previous year (35 872 €). From 2015 to 2025, revenue declined by an average of 4,3% per year. Net profit for 2025 was 6627 € (21,6% of revenue). The company was profitable in 6 of the 11 published years. In 2025 the company had 2 employees. Revenue per employee was 15 323 €.

Management and owners

The company has one board member. The sole owner of the company is a private individual.

Points to note

Equity was negative at the end of 2025 (-12 607 €).

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.