SIA "VAR MET"Active
Key figures
Ratios
2023Balance sheet structure
Dividends
calculatedNo dividends were paid.
Summary of financial statements2018–2023
| 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|---|
| Balance sheet — assets | ||||||
| Total current assets | 38 522 | 42 395 | 48 906 | 90 929 | 60 981 | 52 834 |
| Total non-current assets | 8190 | 23 801 | 19 070 | 14 848 | 9874 | 5711 |
| Total assets | 46 712 | 66 196 | 67 976 | 105 777 | 70 855 | 58 545 |
| Balance sheet — liabilities and equity | ||||||
| Current liabilities | 31 012 | 2409 | 3544 | 51 386 | 39 848 | 20 474 |
| Non-current liabilities | 0 | 0 | 0 | 0 | 0 | 0 |
| Total liabilities | 31 012 | 2409 | 3544 | 51 386 | 39 848 | 20 474 |
| Share capital | — | — | — | — | — | — |
| Retained earnings of previous periods | — | — | — | — | — | — |
| Profit for the year | 15 690 | 48 087 | 645 | -3042 | -19 668 | 7064 |
| Total equity | 15 700 | 63 787 | 64 432 | 54 391 | 31 007 | 38 071 |
| Income statement | ||||||
| Sales revenue | 93 971 | 142 959 | 68 155 | 59 080 | 86 858 | 58 688 |
| Operating profit | 15 690 | 48 087 | 645 | -1292 | -18 739 | 7064 |
| Profit before income tax | 15 690 | 48 087 | 645 | -1292 | -18 739 | 7064 |
| Profit for the reporting year | 15 690 | 48 087 | 645 | -3042 | -19 668 | 7064 |
| Labour costs | — | — | — | — | — | — |
| Depreciation of non-current assets | — | — | — | — | — | — |
| Other indicators | ||||||
| Employees | 1 | 2 | 2 | 2 | 2 | 2 |
| Calculated dividend | — | 0 | 0 | 6999 | 3716 | 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: SIA "VAR MET"
Overview
SIA "VAR MET" (reg. no. 54103115361) is a limited liability company. The company was registered in 2018 and has been in the register for 8 years. Registered address: Valmieras nov., Valmieras pag., Valmiermuiža, Parka iela 2.
Financial results
Revenue in 2023 was 58 688 €, down 32,4% on the previous year (86 858 €). From 2018 to 2023, revenue declined by an average of 9,0% per year. This is the company's lowest revenue among the published years (2018–2023). Net profit for 2023 was 7064 € (12,0% of revenue). The company was profitable in 4 of the 6 published years. In 2023 the company had 2 employees. Revenue per employee was 29 344 €. At the end of 2023, total assets were 58 545 € and equity 38 071 € (65,0% of assets).
Management and owners
The company has one board member. The sole owner of the company is a private individual.
Points to note
The latest published annual report is for 2023.
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.