Sabiedrība ar ierobežotu atbildību "Industrial Welding"Active
Key figures
Ratios
2025Balance sheet structure
Dividends
calculatedNo dividends were paid.
Summary of financial statements2016–2025
| 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Balance sheet — assets | ||||||||||
| Total current assets | 2800 | 42 027 | 273 946 | 163 006 | 766 555 | 1 614 168 | 2 014 973 | 1 785 038 | 1 728 958 | 1 608 786 |
| Total non-current assets | 0 | 0 | 6049 | 5232 | 8485 | 9867 | 145 219 | 48 726 | 190 364 | 389 976 |
| Total assets | 2800 | 42 027 | 279 995 | 168 238 | 775 040 | 1 624 035 | 2 160 192 | 1 833 764 | 1 919 322 | 1 998 762 |
| Balance sheet — liabilities and equity | ||||||||||
| Current liabilities | 0 | 36 698 | 242 873 | 94 862 | 666 856 | 1 434 254 | 1 458 518 | 979 501 | 1 054 694 | 1 127 395 |
| Non-current liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total liabilities | 0 | 36 698 | 242 873 | 94 862 | 666 856 | 1 434 254 | 1 458 518 | 979 501 | 1 054 694 | 1 127 395 |
| Share capital | — | — | — | — | — | — | — | — | — | — |
| Retained earnings of previous periods | — | — | — | — | — | — | — | — | — | — |
| Profit for the year | 0 | 2529 | 31 793 | 38 783 | 34 808 | 81 597 | 511 893 | 152 589 | 10 365 | 6739 |
| Total equity | 2800 | 5329 | 37 122 | 73 376 | 108 184 | 189 781 | 701 674 | 854 263 | 864 628 | 871 367 |
| Income statement | ||||||||||
| Sales revenue | 0 | 106 894 | 1 793 758 | 1 958 925 | 2 403 945 | 3 718 605 | 5 883 050 | 6 233 428 | 5 382 441 | 6 128 154 |
| Operating profit | 0 | 3107 | 33 556 | 42 942 | 51 479 | 110 635 | 573 735 | 244 441 | 99 248 | 107 934 |
| EBITDA | 0 | — | — | — | — | — | — | — | — | — |
| Profit before income tax | 0 | 2975 | 31 793 | 38 783 | 34 808 | 81 597 | 511 893 | 152 589 | 10 365 | 6739 |
| Profit for the reporting year | 0 | 2529 | 31 793 | 38 783 | 34 808 | 81 597 | 511 893 | 152 589 | 10 365 | 6739 |
| Labour costs | 0 | — | — | — | — | — | — | — | — | — |
| Depreciation of non-current assets | 0 | — | — | — | — | — | — | — | — | — |
| Other indicators | ||||||||||
| Employees | 0 | 1 | 4 | 9 | 18 | 60 | 87 | 87 | 76 | 74 |
| Calculated dividend | — | 0 | 0 | 2529 | 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: Sabiedrība ar ierobežotu atbildību "Industrial Welding"
Overview
Sabiedrība ar ierobežotu atbildību "Industrial Welding" (reg. no. 50203030641) is a limited liability company. The company was registered in 2016 and has been in the register for 9 years. Registered address: Daugavpils, Andreja Pumpura iela 3.
Financial results
Revenue in 2025 was 6 128 154 €, up 13,9% on the previous year (5 382 441 €). Net profit for 2025 was 6739 € (0,1% of revenue). The company was profitable in 9 of the 10 published years. In 2025 the company had 74 employees (76 a year earlier). Revenue per employee was 82 813 €. At the end of 2025, total assets were 1 998 762 € and equity 871 367 € (43,6% of assets).
Management and owners
The company has one board member. The sole owner of the company is Sabiedrība ar ierobežotu atbildību "Weld".
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.