SIA "SOLVARS"
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Legal status
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Registered share capital
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Website
-Latest events
from (18/11/2021)
2023-08-04
Unidentified type of changeSuspensions
No suspension
Register and unlock the potential of dataReliability
Register and check the change of employees’ number over the years
Number of employees
3Debts
0.00 €
0 €* during past year
Register and check if company had lawsuits over the years
Lawsuits as defendant
0
Credit limit
***** €
Turnover
30-50 k €
-10.00 %Business linkages
5Linkages with other companies
Financial ratios
Net Profit (€)
-3,936
EBITDA stands for Earnings Before Interest, Taxes, Depreciation, and Amortization and is a metric used to evaluate a company’s operating performance. It can be seen as a proxy for cash flow from the entire company’s operations.EBITDA margin (%)
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with Freemium unlimitedEBIT margin shows the profitability of a company over a certain period of time.EBIT margin (%)
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with Freemium unlimitedNet Profit (€)
-3,936EBITDA margin (%)
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| Indicator |
|---|
| Turnover (€) |
| Sales per employee (€)Sales per employee is a popular efficiency indicator that is often used to measure a company's performance. The average annual number of employees is usually used to calculate the indicator. |
| Profit before tax (€) |
| Net Profit (€) |
| Profit per employee (€)This ratio is on of company's growth indicators. It shows how much profit per employee is earned by the company. |
| Total profitability (%)It is an indicator of company's performance efficiency, calculated as ratio of gross profit to sales revenue. |
| Net profitability (%)This ratio is commonly referred to as a company’s “bottom line” and is a true indicator of a company’s profitability. It shows how much a net profit of € 1 (or other monetary unit) is generated by sales. |
| Equity (€) |
| Amounts Payable And Liabilities (€) |
| Non-current Assets (€) |
| Current Assets (€) |
| Working capital requirement (%)The working capital requirement indicator shows how much funds a company needs to develop and maintain a business. |
| Debt-to-equity ratioThe debt-to-equity ratio is used to evaluate a company's financial leverage and is calculated by dividing a company’s total liabilities by its shareholder equity.
This ratio is a measure of the degree to which a company is financing its operations through debt versus wholly owned funds. More specifically, it reflects the ability of shareholder equity to cover all outstanding debts in the event of a business downturn. |
| EBITDA margin (%)EBITDA stands for Earnings Before Interest, Taxes, Depreciation, and Amortization and is a metric used to evaluate a company’s operating performance. It can be seen as a proxy for cash flow from the entire company’s operations. |
| EBITDA (€)EBITDA stands for Earnings Before Interest, Taxes, Depreciation, and Amortization. Lenders use EBITDA to calculate a company’s ability to repay a loan and pay interest. |
| EBIT margin (%)EBIT margin shows the profitability of a company over a certain period of time. |
| EBIT (€)EBIT (earnings before interest and taxes) is a company's net income before income tax expense and interest expenses are deducted. EBIT is used to analyze the performance of a company's core operations without the costs of the capital structure and tax expenses impacting profit. |
| 2023 |
|---|
| 51,296 |
| 17,099 |
| -3,406 |
| -3,406 |
| -1,135 |
| 10.85 |
| -6.64 |
| -49,668 |
| 81,529 |
| 648 |
| 31,213 |
| 2024 |
|---|
| 40,042 |
| 13,347 |
| -9,989 |
| -9,989 |
| -3,330 |
| -6.91 |
| -24.95 |
| -59,657 |
| 80,770 |
| 153 |
| 20,960 |
| 2025 |
|---|
| 36,036 |
| 12,012 |
| -3,936 |
| -3,936 |
| -1,312 |
| 2.72 |
| -10.92 |
| -63,593 |
| 77,244 |
| 0 |
| 13,651 |
Enjoy unlimited use
with Freemium unlimited| 2025 |
|---|
| 36,036 |
| 12,012 |
| -3,936 |
| -3,936 |
| -1,312 |
| 2.72 |
| -10.92 |
| -63,593 |
| 77,244 |
| 0 |
| 13,651 |
Enjoy unlimited use
with Freemium unlimitedTurnover (€)
2025
Turnover (€)
36,036 €
-10 % *
Sales per employee (€)
12,012 €-10 % *
Profit before tax (€)
-3,936 €
61 % *
Net Profit (€)
-3,936 €61 % *
Profit per employee (€)
-1,312 €61 % *
Total profitability (%)
2.72 %139.36 % *
Net profitability (%)
-10.92 %56.23 % *
Equity (€)
-63,593 €-7 % *
Amounts Payable And Liabilities (€)
77,244 €
-4 % *
Non-current Assets (€)
0 €-100 % *
Current Assets (€)
13,651 €-35 % *
Credit history
No. of unpaid debts
0
Largest debt
VID
Amount of unpaid debts
€0.00
Oldest open debt
-
No. of unpaid debts
0
Largest debt
VID
Amount of unpaid debts
€0.00
Oldest open debt
-
Credit report
Creditor/Data source  | Debt amount | Debt date | Debt type |
|---|---|---|---|
- | - | - | - |
Creditor/Data source | Debt amount | Debt date | Payment date | Debt type |
|---|---|---|---|---|
- | - | - | - | - |
Legal proceedings
Defendant
(0)
Plaintiff
(0)
SIA "SOLVARS" has no court cases
SIA "SOLVARS" has no registered court cases as defendant or plaintiff within the last 2 years.
Public data
Data source | Information | Additional data |
|---|---|---|
 | Total amount of taxes administered by the SRS and paid by taxpayers within the tax year 2022 | Total amount: 8,890 |
| Total amount of taxes administered by the SRS and paid by taxpayers within the tax year 2021 | Total amount: 4,490 |
| Total amount of taxes administered by the SRS and paid by taxpayers within the tax year 2020 | Total amount: 3,480 |
| Total amount of taxes administered by the SRS and paid by taxpayers within the tax year 2019 | Total amount: 440 |
| Total amount of taxes administered by the SRS and paid by taxpayers within the tax year 2018
| Total amount: 1,320 |
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2Frequently Asked Questions
What is the current status of SIA "SOLVARS"?
SIA "SOLVARS" is currently Registered. It was registered on 01/08/2003.
What is SIA "SOLVARS" registered address?
SIA "SOLVARS" registered address is Sarkandaugavas iela 3 – 9, Rīga, LV-1005.
What is SIA "SOLVARS" activity?
SIA "SOLVARS" operates in Production of metal structures and their parts (25.11 - NACE 2.1).
How many employees does SIA "SOLVARS" have?
SIA "SOLVARS" has 3 employees (2025).
Is SIA "SOLVARS" a reliable company?
SIA "SOLVARS" Pre-Score* rating is E, which indicates a very low level of reliability.
* The credit score is calculated based on financial data, payment history, and other risk indicators.What is the annual turnover of SIA "SOLVARS"?
SIA "SOLVARS" reported a turnover of 36,036 EUR in 2025.
Does SIA "SOLVARS" have any current state debt?
SIA "SOLVARS" currently has no outstanding state debt.