SIA "VA Government"Active
Key figures
Ratios
2025Balance sheet structure
Dividends
calculatedPaid out in dividends approximately 286 113 € (99% 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
| 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|---|---|---|---|---|
| Balance sheet — assets | |||||||||
| Total current assets | 18 522 | 110 440 | 147 128 | 184 916 | 307 920 | 266 120 | 420 176 | 389 936 | 337 171 |
| Total non-current assets | 1164 | 1206 | 1405 | 1929 | 1672 | 2431 | 4097 | 25 934 | 24 655 |
| Total assets | 19 686 | 111 646 | 148 533 | 186 845 | 309 592 | 268 551 | 424 273 | 415 870 | 361 826 |
| Balance sheet — liabilities and equity | |||||||||
| Current liabilities | 0 | 5562 | 12 041 | 19 616 | 58 941 | 100 366 | 78 860 | 126 957 | 117 440 |
| Non-current liabilities | 4889 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total liabilities | 4889 | 5562 | 12 041 | 19 616 | 58 941 | 100 366 | 78 860 | 126 957 | 117 440 |
| Share capital | — | — | — | — | — | — | — | — | — |
| Retained earnings of previous periods | — | — | — | — | — | — | — | — | — |
| Profit for the year | 11 997 | 103 284 | 133 692 | 164 429 | 247 851 | 165 385 | 342 613 | 286 113 | 241 586 |
| Total equity | 14 797 | 106 084 | 136 492 | 167 229 | 250 651 | 168 185 | 345 413 | 288 913 | 244 386 |
| Income statement | |||||||||
| Sales revenue | 32 533 | 180 712 | 299 680 | 412 709 | 533 054 | 660 647 | 1 069 392 | 1 256 617 | 1 545 339 |
| Operating profit | 13 999 | 103 408 | 159 539 | 197 855 | 288 965 | 227 348 | 384 167 | 371 767 | 313 115 |
| Profit before income tax | 13 999 | 103 393 | 159 513 | 197 852 | 288 958 | 227 348 | 384 167 | 371 767 | 313 115 |
| Profit for the reporting year | 11 997 | 103 284 | 133 692 | 164 429 | 247 851 | 165 385 | 342 613 | 286 113 | 241 586 |
| Labour costs | — | — | — | — | — | — | — | — | — |
| Depreciation of non-current assets | — | — | — | — | — | — | — | — | — |
| Other indicators | |||||||||
| Employees | 2 | 2 | 3 | 3 | 3 | 4 | 5 | 6 | 9 |
| Calculated dividend | — | 11 997 | 103 284 | 133 692 | 164 429 | 247 851 | 165 385 | 342 613 | 286 113 |
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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Related companies
- SIA "VA Communications" — 2 shared people
- "Rail Baltica Business Network"
Summary: SIA "VA Government"
Overview
SIA "VA Government" (reg. no. 50203091951) is a limited liability company. The company was registered in 2017 and has been in the register for 9 years. Registered address: Rīga, Brīvības iela 40 - 39.
Financial results
Revenue in 2025 was 1 545 339 €, up 23,0% on the previous year (1 256 617 €). From 2017 to 2025, revenue grew by an average of 62,0% per year. This is the company's highest revenue among the published years (2017–2025). Net profit for 2025 was 241 586 € (15,6% of revenue). The company was profitable in all 9 published years. In 2025 the company had 9 employees (6 a year earlier). Revenue per employee was 171 704 €. At the end of 2025, total assets were 361 826 € and equity 244 386 € (67,5% of assets).
Management and owners
The board has 2 members. According to the register, the company has 3 owners. The largest stake (40%) 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.