SIA "Weld steel"Active
Key figures
Ratios
2025Balance sheet structure
Summary of financial statements2010–2025
| 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Balance sheet — assets | ||||||||||||||||
| Total current assets | 4248 | 27 870 | 58 058 | 56 930 | 189 645 | 188 218 | 96 579 | 91 986 | 91 969 | 80 776 | 61 270 | 87 739 | 27 160 | 12 970 | 26 302 | 41 001 |
| Total non-current assets | 44 766 | 28 487 | 16 777 | 31 626 | 45 000 | 45 000 | 45 000 | 45 000 | 45 000 | 1530 | 16 572 | 17 759 | 12 501 | 1343 | 12 343 | 8229 |
| Total assets | 49 014 | 56 357 | 74 835 | 88 556 | 234 645 | 233 218 | 141 579 | 136 986 | 136 969 | 82 306 | 77 842 | 105 498 | 39 661 | 14 313 | 38 645 | 49 230 |
| Balance sheet — liabilities and equity | ||||||||||||||||
| Current liabilities | 21 678 | 37 842 | 48 579 | 68 977 | 192 554 | 163 371 | 222 427 | 219 833 | 40 801 | 96 134 | 95 271 | 100 612 | 48 115 | 35 521 | 36 000 | 209 |
| Non-current liabilities | 49 945 | 40 878 | 59 671 | 103 454 | 146 131 | 150 418 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 36 000 |
| Total liabilities | 71 623 | 78 720 | 108 250 | 172 431 | 338 685 | 313 789 | 222 427 | 219 833 | 40 801 | 96 134 | 95 271 | 100 612 | 48 115 | 35 521 | 36 000 | 36 209 |
| Share capital | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Retained earnings of previous periods | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Profit for the year | -2414 | 246 | -11 052 | -50 460 | 15 304 | 23 468 | -276 | -59 | -55 | 69 074 | -3602 | 22 315 | -13 340 | -12 755 | 23 853 | 10 376 |
| Total equity | -22 609 | -22 363 | -33 415 | -83 875 | -104 040 | -80 571 | -80 848 | -82 847 | 96 168 | -13 828 | -17 429 | 4886 | -8454 | -21 208 | 2645 | 13 021 |
| Income statement | ||||||||||||||||
| Sales revenue | 22 830 | 50 846 | 26 760 | 2160 | 141 188 | 24 040 | 0 | 0 | 0 | 53 720 | 12 350 | 208 199 | 91 229 | 25 460 | 0 | 40 607 |
| Operating profit | 1035 | 3242 | -9425 | -48 099 | 15 312 | 23 647 | -194 | -7 | -5 | 69 074 | -3602 | 22 315 | -13 340 | -12 755 | 23 903 | 10 376 |
| Profit before income tax | -2414 | 246 | -11 052 | -50 460 | 15 312 | 23 468 | -226 | -9 | -5 | 69 074 | -3602 | 22 315 | -13 340 | -12 755 | 23 903 | 10 376 |
| Profit for the reporting year | -2414 | 246 | -11 052 | -50 460 | 15 304 | 23 468 | -276 | -59 | -55 | 69 074 | -3602 | 22 315 | -13 340 | -12 755 | 23 853 | 10 376 |
| Labour costs | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Depreciation of non-current assets | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Other indicators | ||||||||||||||||
| Employees | 2 | 2 | 1 | 1 | 1 | 1 | 0 | 0 | 0 | 1 | 1 | 1 | 2 | 1 | 0 | 3 |
| Calculated dividend | — | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 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: SIA "Weld steel"
Overview
SIA "Weld steel" (reg. no. 57102001801) is a limited liability company. The company was registered in 1993 and has been in the register for 33 years. Registered address: Krāslavas nov., Krāslava, Sv. Ludvika laukums 1.
Financial results
Revenue in 2025 was 40 607 €. From 2010 to 2025, revenue grew by an average of 3,9% per year. Net profit for 2025 was 10 376 € (25,6% of revenue). The company was profitable in 7 of the 16 published years. In 2025 the company had 3 employees (0 a year earlier). Revenue per employee was 13 536 €. At the end of 2025, total assets were 49 230 € and equity 13 021 € (26,4% of assets).
Management and owners
The company has one board member. The sole owner of the company is 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.