In 2025, SIA "German LV" had revenue of 30.6 thousand EUR and profit of 6.6 thousand EUR. The company has 3 employees. Beneficial owners: Svetlana Šelkovska.
Warning
Employee average salary is at or below minimum wage
| year | 2025Latest | 2024 | 2023 |
|---|---|---|---|
Revenue | 30,6k € -14.6% | 35,9k € -9.8% | 39,8k € +22.5% |
Profit | 6,6k € +276.7% | -3,8k € -831.2% | 513 € +6512.5% |
Assets | 816 € -81.8% | 4,5k € -42.2% | 7,7k € +18.2% |
Liabilities | 13,4k € -43.4% | 23,7k € +2.1% | 23,2k € +3.0% |
Equity | -12,6k € +34.5% | -19,2k € -24.2% | -15,5k € +3.2% |
Employees | 2 +0.0% | 2 -33.3% | 3 +0.0% |
Overall rating | B68/100 |
Financial health | 45/100 |
Credit history | 80/100 |
Legal history | 100/100 |
Business activity | 50/100 |
| Overall risk | Medium |
No risk flags | |
No tax debts | |
Positive profit | |
Regular report filing | |
| Name, surname | Birth date | Position | Representation rights | Registered | |
|---|---|---|---|---|---|
| Board member | Independently |
SIA "German LV" is located at Rīga, Lielirbes iela 11 - 27, LV-1046.
In 2025, SIA "German LV" had revenue of 30 645 EUR and profit of 6627 EUR. Compared to previous year, revenue decreased by 14.6%. View full financial report →
In 2024, SIA "German LV" had an average of 3 employees. View tax history →
The beneficial owners of SIA "German LV" are Svetlana Šelkovska. View ownership details →
No, SIA "German LV" does not have an active VAT number and is not registered as a VAT payer.
In 2024, the average gross salary at SIA "German LV" was approximately 331,64 € per month (net ~ 296,82 €). This is an approximate calculation. View salary details →
SIA "German LV" was founded on January 5, 2015. The company has been operating for 11 years.
| Indicator | Value | Rank | Comparison | |
|---|---|---|---|---|
Company age | 11 years | - | 0% | |
Net revenue | 30 645,00 € | - | 0% | |
Profit | 6627,00 € | - | 0% | |
Equity | -12 607,00 € | - | 0% | |
Assets | 816,00 € | - | 0% | |
Liquidity | 0.06 | - | 10% | |
Profitability | 21.6% | - | 50% | |
Registered capital | 1,00 € | - | 0% |
Annual financial report for 2025.
Annual financial report for 2024.
Annual financial report for 2023.
Annual financial report for 2022.
Annual financial report for 2021.
Annual financial report for 2020.
Registered in the Latvian company register.
| Name, surname | Birth date | Shares | Ownership rights | |
|---|---|---|---|---|
| Svetlana Šelkovska | 1 | 100.00% |
| Name, surname | Nationality | Birth date | |
|---|---|---|---|
| Svetlana Šelkovska | LV |