SIA "VARA SHIPPING"Active
Key figures
Ratios
2025Balance sheet structure
Dividends
calculatedPaid out in dividends approximately 300 000 € (68% of equity at the end of the previous year).
Low confidence: the company does not file a cash flow statement, so the amount is an estimate from changes in equity — it may also include other reductions of equity (e.g. a share capital reduction).
Summary of financial statements2017–2025
| 2021 | 2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|---|
| Sales revenue | 809 761 | 862 514 | 729 366 | 1 018 291 | 875 758 |
| Profit for the reporting year | 299 523 | 271 333 | 125 420 | 358 781 | 185 046 |
| Retained earnings of previous periods | — | — | — | — | — |
| Total assets | 717 472 | 688 290 | 600 414 | 845 157 | 655 224 |
| Total liabilities | 284 153 | 283 638 | 370 342 | 406 305 | 331 326 |
| Total equity | 433 319 | 404 652 | 230 072 | 438 852 | 323 898 |
| Employees | 8 | 9 | 9 | 9 | 9 |
| Calculated dividend | 263 647 | 300 000 | 300 000 | 150 001 | 300 000 |
A dash (—) means the report has not been filed or the line is not reported; 0 is a zero stated in the report.
Connections graph
Click a node to see its other connections.
Related companies
- "VILNIS MARINE" SIA — 2 shared people
- SIA "GTS SHIPPING" — 2 shared people
Summary: SIA "VARA SHIPPING"
Overview
SIA "VARA SHIPPING" (reg. no. 50203048111) is a limited liability company. The company was registered in 2017 and has been in the register for 9 years. Registered address: Mārupes nov., Mārupe, Mauriņu iela 1.
Financial results
Revenue in 2025 was 875 758 €, down 14,0% on the previous year (1 018 291 €). From 2017 to 2025, revenue grew by an average of 73,4% per year. Net profit for 2025 was 185 046 € (21,1% of revenue). The company was profitable in all 9 published years. In 2025 the company had 9 employees. Revenue per employee was 97 306 €. At the end of 2025, total assets were 655 224 € and equity 323 898 € (49,4% of assets).
Management and owners
The company has one board member. According to the register, the company has 7 owners. The largest stake (16%) is held by 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.