Sabiedrība ar ierobežotu atbildību "Varpa"Active

55903001411Limited liability companyFounded 1993

Key figures

30 726 917 €+49,7%
Revenue 2025
+13,3%
Average annual growth 2008–2025
010 m20 m30 m40 m’08’09’10’11’12’13’14’15’16’17’18’19’20’21’22’23’24’25

Ratios

2025
Balance sheet structure
Current assetsNon-current assetsLiabilitiesEquity
010 m20 m30 m’08’09’10’11’12’13’14’15’16’17’18’19’20’21’22’23’24’25

Dividends

from the report
2025

No dividends were paid.

History
20250 €
20241 000 000 €
20231176 €
20220 €
2021277 020 €
2020172 040 €
20191 335 199 €
2018114 773 €
2017450 000 €
2016123 007 €
201553 381 €
201486 620 €
20130 €
20120 €
20110 €
20100 €
2009536 454 €
2008878 763 €
Summary of financial statements2008–2025
200820092010201120122013201420152016201720182019202020212022202320242025
Balance sheet — assets
Total current assets1 153 9931 351 0151 635 3762 249 2351 966 3102 645 8773 959 9324 887 4814 167 9763 887 8986 319 5135 997 4378 809 15010 534 58218 294 39522 096 62521 944 53324 023 213
Total non-current assets1 407 3041 305 8161 399 3651 432 8701 445 1111 864 8703 405 1293 062 9163 576 9304 144 8623 303 6592 853 1502 668 6053 239 8133 504 5413 264 9602 804 2052 672 350
Total assets2 561 2972 656 8313 034 7413 682 1053 411 4214 510 7477 365 0617 950 3977 744 9068 032 7609 623 1728 850 58711 477 75513 774 39521 798 93625 361 58524 748 73826 695 563
Balance sheet — liabilities and equity
Current liabilities834 828585 004900 4291 213 365956 8701 496 8822 123 8272 684 7561 966 3271 425 7922 988 3922 664 3423 060 7022 643 8922 481 0832 152 9302 657 5413 234 488
Non-current liabilities1 094 3591 398 110923 425678 099325 072318 630519 222391 561271 91631 36600000000
Total liabilities1 929 1871 983 1141 823 8541 891 4641 281 9421 815 5122 643 0493 076 3172 238 2431 457 1582 988 3922 664 3423 060 7022 643 8922 481 0832 152 9302 657 5413 234 488
Share capital——————————————————
Retained earnings of previous periods——————————————————
Profit for the year278 916580 011552 751579 754333 571469 487183 034207 978907 5831 568 939464 2781 162 9252 230 8082 402 2308 076 5963 890 802-117 4581 369 878
Total equity614 580658 1361 210 8871 790 6412 129 4792 598 2484 584 0124 736 0805 506 6636 575 6026 539 8806 091 3458 322 15311 130 50319 317 85323 208 65522 091 19723 461 075
Income statement
Sales revenue3 669 6663 512 0114 657 9804 562 5445 744 8236 270 3429 458 8948 204 8728 860 85112 321 10410 991 96013 169 15415 457 50118 547 83532 037 89626 344 88720 525 13730 726 917
Operating profit177 163435 205420 471443 401210 936373 952240 815220 243929 9541 449 278448 8321 137 6342 234 9562 403 3508 079 9203 809 229-209 6261 283 445
Profit before income tax279 755580 865553 540580 595334 593496 253277 503242 292946 7961 466 191464 6931 162 9932 230 8142 402 3328 076 6313 890 806-54 0461 369 933
Profit for the reporting year278 916580 011552 751579 754333 571469 487183 034207 978907 5831 568 939464 2781 162 9252 230 8082 402 2308 076 5963 890 802-117 4581 369 878
Labour costs——————————————————
Depreciation of non-current assets——————————————————
Other indicators
Employees135861221321301191109898959889879077676665
Calculated dividend878 763536 454000086 62053 381123 007450 000114 7731 335 199172 040277 020011761 000 0000

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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99,98%0,02%100%100%Sabiedrība ar ierobež…3Baranovskis EdvardsBaranovskis Bernards1Alehno Jekaterina3Merņaks NikolajsSIA "Timborne"SIA "Vecborne Bioener…
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Summary: Sabiedrība ar ierobežotu atbildību "Varpa"

Overview

Sabiedrība ar ierobežotu atbildību "Varpa" (reg. no. 55903001411) is a limited liability company. The company was registered in 1993 and has been in the register for 33 years. Registered address: Krāslavas nov., Kaplavas pag., Vecborne, "Priedkalnes".

Financial results

Revenue in 2025 was 30 726 917 €, up 49,7% on the previous year (20 525 137 €). From 2008 to 2025, revenue grew by an average of 13,3% per year. Net profit for 2025 was 1 369 878 € (4,5% of revenue). The company was profitable in 17 of the 18 published years. In 2025 the company had 65 employees (66 a year earlier). Revenue per employee was 472 722 €. At the end of 2025, total assets were 26 695 563 € and equity 23 461 075 € (87,9% of assets).

Management and owners

The board has 4 members. According to the register, the company has 2 owners. The largest stake (100%) is held by a private individual. The company holds stakes in 2 active Latvian companies.

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.