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Company profile

Akciju sabiedrība "Latvenergo"

Stock Company

Reg. no.
40003032949
Registered
1991-10-08
VAT number
LV40003032949
Latest report 2025 · EURExplore financials
Net turnover
€950m
10.1%
vs 2024 · 1 057m
Net profit
€190m
28.4%
vs 2024 · 266m
Equity
€2 658m
0.6%
vs 2024 · 2 644m
Employees
1 389
4.5%
vs 2024 · 1 455
Registry data synchronized 2026-09-23Sources & update dates

Company profile

Company details

Legal name
Akciju sabiedrība "Latvenergo"
Legal registration status
Registered
Legal form
Stock Company
Register
Commercial Register
NACE 2.1
35.12 · Production of electricity from renewable sources
Share capital
€1,156,390,127.00
Taxpayer rating
A - Good compliance

Map

Tax & compliance

Some checks unavailable

Unavailable sources are not treated as clear results.

Compliance checks

  • VAT registered ↗Yes
  • Insolvency proceedingsClear
  • Activity suspensionClear
  • Missing tax declarationsUnavailable
  • Registry sanctionsClear
  • Securing measuresClear
  • LiquidationClear
  • Tax debtNot checked

These sanctions checks cover the company and related-person flags supplied by the Register of Enterprises. They are not comprehensive international sanctions or PEP screening.

Published VID values may be inaccurate and are informational. They are not an authoritative clearance certificate. Verify the amounts with VID before making a decision. Check official VID public data ↗

Relationships

Current relationships

Explore this company’s network

People, roles and linked companies, connected in one place.

Showing 0 participants · 0 connectionsKeyboard: + / − to zoom, 0 to fit. When interacting, use arrow keys to move and Esc to finish.

Taxes paid

Company tax payments reported by VID, with the reporting period shown beside each amount.

Taxes paid — latest available periods

Latest annual record

2025

€86,146,120

7.2%

Total VID-administered taxes

Employees: 1,416

Compared with 2024: €92,840,000 · Change: €-6,693,880

Source status:Current

FTM last synchronized this dataset: 2026-09-18

Open official dataset

Latest quarterly record

2026 · Q2

€37,537,070

25.6%

Total VID-administered taxes

Employees: 1,378

Compared with 2025 · Q2: €50,455,970 · Change: €-12,918,900

Source status:Current

FTM last synchronized this dataset: 2026-09-23

Open official dataset

Synchronization dates show when FTM received the data. They do not change the reporting year or quarter.

Missing annual totals are calculated only when all four quarters of a completed year are available. Tax amounts are summed. The employee count is the average of the four quarterly counts, rounded down to a whole person. Existing VID annual records retain their original values and source.

View detailed tax tables

Insolvency proceedings

Proceedings reported by the available insolvency sources.

Insolvency history

No insolvency records found

No matching records for this company were found in the latest available Company Register insolvency dataset.

Source: insolvency dataset of the Register of Enterprises of the Republic of Latvia.

Tax information and VID checks

Taxpayer rating

A

Good compliance: no significant tax-compliance risks.

VID published explanation
Laba saistību izpilde
Rating effective date
2026-08-12
What all rating classes mean
A
Good compliance: no significant tax-compliance risks.
B
Compliance needs improvement in one or more areas, such as declarations, tax calculation or payment, remuneration indicators, or registration risks.
C
Compliance violations: the company has been removed from the VAT register for violations or VID has suspended its economic activity.
N
Inactive taxpayer: VID data indicates no active economic activity or only minimal declared activity.
J
Newly registered taxpayer: established within the last six months and without enough operating history for a fuller assessment.

The taxpayer rating is VID’s informative assessment of tax-compliance performance. It is not an assessment of the company’s commercial activity or overall creditworthiness.

Read the official VID rating methodology

VID status overview

  • VID activity suspension

    No active suspension
  • Public-benefit status

    No record found

“No record found” means the source is available but contains no matching company record; it is not the same as an unavailable source.

VAT payer status and history

Active

FTM last synchronized this dataset: 2026-09-23

Open official dataset
  • LV40003032949Active
    Registered from
    1996-09-10
    Deregistered on
    Additional flags
    No additional flags reported
  • LV40003032949Inactive
    Registered from
    1995-05-17
    Deregistered on
    1996-09-09
    Additional flags
    No additional flags reported

Taxes paid in prior fiscal years

Latest available reporting year: 2025

FTM last synchronized this dataset: 2026-09-18

Synchronization dates show when FTM received the data. They do not change the reporting year or quarter.

Missing annual totals are calculated only when all four quarters of a completed year are available. Tax amounts are summed. The employee count is the average of the four quarterly counts, rounded down to a whole person. Existing VID annual records retain their original values and source.

Amounts are published by VID in thousands of euros.

Quarterly taxes paid

Latest available reporting quarter: 2026 - Q2

FTM last synchronized this dataset: 2026-09-23

Missing annual totals are calculated only when all four quarters of a completed year are available. Tax amounts are summed. The employee count is the average of the four quarterly counts, rounded down to a whole person. Existing VID annual records retain their original values and source.

Amounts are published by VID in thousands of euros.

  • 2026 - Q237,537.07 thousand EUR
    VAT paid
    0
    VAT refunded
    17.25
    IIN
    2,486.35
    VSAOI
    4,717.78
    Employees
    1,378
  • 2026 - Q120,185.14 thousand EUR
    VAT paid
    0
    VAT refunded
    0
    IIN
    3,177.79
    VSAOI
    5,740.87
    Employees
    1,405

Amounts are published by VID in thousands of euros.Q — quarter

Current VID checks

These VID checks run automatically when you open a company profile. Results are cached for up to 12 hours; you can check again below.

Tax debt

Unavailable

Checked —

Published VID values may be inaccurate and are informational. They are not an authoritative clearance certificate. Verify the amounts with VID before making a decision.

Verify with VID

Missing tax declarations

Latvian State Revenue Service (VID) · Checked 2026-09-09 · Showing the last successful result from 2026-09-09

Delayed
Verify with VID

Structural units

Latvian State Revenue Service (VID) · Provider updated 2026-09-09 · Checked 2026-09-09 · Showing the last successful result from 2026-09-09

Delayed
Show records

Current: 243 · Historical: 67

  • EUS Lambertu iela 35, MārupeActive

    Lambertu iela 35, Mārupe, Mārupes nov., LV-2167

    91446854460· 2026-09-04

  • EUS Apuzes iela 45, RīgaActive

    Apuzes iela 45, Rīga, LV-1046

    91446806070· 2026-08-19

  • EUS Anniņmuižas bulvāris 25A, RīgaActive

    Anniņmuižas bulvāris 25A, Rīga, LV-1067

    91446801213· 2026-08-19

  • EUS Dubultu iela 27, RīgaActive

    Dubultu iela 27, Rīga, LV-1069

    91446801406· 2026-08-19

  • EUS Pilsoņu iela 1 k-1, RīgaActive

    Rīga

    91446801092· 2026-08-19

  • EUS Mucenieku iela 24, KuldīgaActive

    Mucenieku iela 24, Kuldīga, Kuldīgas nov., LV-3301

    91446800909· 2026-08-19

  • EUS Bērzpils iela 15, BalviActive

    Bērzpils iela 15, Balvi, Balvu nov., LV-4501

    91446801105· 2026-08-19

  • EUS Zeiferta iela 6B, OlaineActive

    Zeiferta iela 6B, Olaine, Olaines nov., LV-2114

    91446767765· 2026-07-30

  • EUS Zemgales iela 53, OlaineActive

    Zemgales iela 53, Olaine, Olaines nov., LV-2114

    91446699685· 2026-07-06

  • EUS Granīta iela 7A, RīgaActive

    Granīta iela 7A, Rīga, LV-1057

    91446699628· 2026-07-06

Showing 1–10 of 243

Verify with VID

Officers & ownership

Members

Current: 1 · Historical: 2

  • Latvijas Republika

    100% ownership · 2026-08-17

    Current
    Additional information
    From
    2026-07-22
    Registered
    2026-08-17
    Shares
    1156390127
    Nominal value
    1 EUR
    Ownership
    100%
    Votes
    1156390127
    Country
    Latvia
    Address
    Last changed
    2026-08-17

Officers

Current: 10 · Historical: 227

  • Boreiko Ilvija

    Member of the Board · 2024-02-05

    Current

    Representation rights: Jointly with all persons entitled to represent

    Additional information
    Position
    Member of the Board
    Governing body
    Executive Board
    From
    2024-02-05
    Registered
    2024-02-05
    Country
    Latvia
    Representation rights
    Jointly with all persons entitled to represent
    Last changed
    2024-02-05
  • Teteris Harijs

    Member of the Board · 2021-12-16

    Current

    Representation rights: Jointly with all persons entitled to represent

    Additional information
    Position
    Member of the Board
    Governing body
    Executive Board
    From
    2022-01-03
    Registered
    2021-12-16
    Country
    Latvia
    Representation rights
    Jointly with all persons entitled to represent
    Last changed
    2021-12-16
  • Upenieks Uldis

    Member of the Supervisory Board · 2026-09-22

    Current
    Additional information
    Position
    Member of the Supervisory Board
    Governing body
    Supervisory Board
    From
    2026-09-22
    Registered
    2026-09-22
    Country
    Latvia
    Last changed
    2026-09-22
  • Juskovecs Dmitrijs

    Member of the Board · 2021-12-16

    Current

    Representation rights: Jointly with all persons entitled to represent

    Additional information
    Position
    Member of the Board
    Governing body
    Executive Board
    From
    2022-01-03
    Registered
    2021-12-16
    Country
    Latvia
    Representation rights
    Jointly with all persons entitled to represent
    Last changed
    2021-12-16
  • Grigulis Rodžers Jānis

    Member of the Supervisory Board · 2025-05-27

    Current
    Additional information
    Position
    Member of the Supervisory Board
    Governing body
    Supervisory Board
    From
    2025-05-27
    Registered
    2025-05-27
    Country
    Latvia
    Last changed
    2025-05-27
  • Laizāns Aigars

    Chairman of the Supervisory Board · 2025-05-27

    Current
    Additional information
    Position
    Chairman of the Supervisory Board
    Governing body
    Supervisory Board
    From
    2025-06-11
    Registered
    2025-05-27
    Country
    Latvia
    Last changed
    2025-05-27
  • Siliņš Toms

    Deputy Chairman of the Supervisory Board · 2026-08-17

    Current
    Additional information
    Position
    Deputy Chairman of the Supervisory Board
    Governing body
    Supervisory Board
    From
    2025-06-11
    Registered
    2026-08-17
    Country
    Latvia
    Registration reason
    Data changes
    Last changed
    2026-08-17
  • Baļčūns Guntars

    Member of the Board · 2026-02-11

    Current

    Representation rights: Jointly with all persons entitled to represent

    Additional information
    Position
    Member of the Board
    Governing body
    Executive Board
    From
    2026-02-11
    Registered
    2026-02-11
    Country
    Latvia
    Representation rights
    Jointly with all persons entitled to represent
    Last changed
    2026-02-11
  • Zandersone Jūlija

    Member of the Supervisory Board · 2026-09-22

    Current
    Additional information
    Position
    Member of the Supervisory Board
    Governing body
    Supervisory Board
    From
    2026-09-22
    Registered
    2026-09-22
    Country
    Latvia
    Last changed
    2026-09-22
  • Čakste Mārtiņš

    Chairperson of the Board · 2021-12-16

    Current

    Representation rights: Jointly with all persons entitled to represent

    Additional information
    Position
    Chairperson of the Board
    Governing body
    Executive Board
    From
    2022-01-03
    Registered
    2021-12-16
    Country
    Latvia
    Representation rights
    Jointly with all persons entitled to represent
    Last changed
    2021-12-16

Primary business activity (NACE)

35.12

Production of electricity from renewable sources

This class includes: - operation of generation facilities that produce electricity from renewable sources (e.g. gaseous biofuels, hydropower, on-shore and off-shore wind power, photovoltaic solar energy, thermal solar energy, geothermal energy, and tide, wave and ocean energy)

Source: CSP · received 2026-09-22

Detailed NACE description

Classification hierarchy

  1. D · ELECTRICITY, GAS, STEAM AND AIR CONDITIONING SUPPLY
  2. 35 · Electricity, gas, steam and air conditioning supply
  3. 35.1 · Electric power generation, transmission and distribution
  4. 35.12 · Production of electricity from renewable sources

Includes

This class includes: - operation of generation facilities that produce electricity from renewable sources (e.g. gaseous biofuels, hydropower, on-shore and off-shore wind power, photovoltaic solar energy, thermal solar energy, geothermal energy, and tide, wave and ocean energy)

Excludes

This class excludes: - production of electricity from non-renewable sources, see 35.11 - production of electricity as part of the storage of electricity activities, see 35.16 - pretreatment of waste for energy recovery, see 38.22

Verify this company’s activity at CSP

Financial data

The public view includes the latest 5 reporting years.Sign in to view the complete history →

Profit and loss statement

Revenue, expenses and the result for the reporting year.

Financial values are shown in the report currency.

Revenue and gross result

Net turnover
949,824

Operating expenses

Long-term investment expenses
1,085
Other operating revenue
27,110
Material expenses
583,287
Depreciation expenses
83,495
Other operating expenses
47,727

Financial activity and annual result

Equity investment earnings
29,936
Other interest revenue
35,390
Interest expenses
26,856
Profit before income tax
229,208
Provision for income taxes
38,992
Profit after income tax
190,216
Net profit or loss
190,216

Recorded company milestones

Dated facts available in the current registry record, newest first. This is not a complete change log. An entry's registration or removal date may differ from the date a change took effect.

  1. Officers and ownership

    Officer's appointment ended

    Rokens Kaspars

    Member of the Supervisory Board

  2. Officers and ownership

    Officer appointed

    Upenieks Uldis

    Member of the Supervisory Board

  3. Officers and ownership

    Officer appointed

    Zandersone Jūlija

    Member of the Supervisory Board

  4. Share capital

    Share capital entry registered

    Paid-up equity · €1,156,390,127

  5. Share capital

    Share capital entry removed

    Paid-up equity · €1,076,323,931

  6. Officers and ownership

    Officer's appointment ended

    Rokens Kaspars

    Deputy Chairman of the Supervisory Board

  7. Officers and ownership

    Officer's appointment ended

    Siliņš Toms

    Member of the Supervisory Board

  8. Officers and ownership

    Membership ended

    Latvijas Republika

  9. Officers and ownership

    Membership started

    Latvijas Republika

  10. Officers and ownership

    Officer's appointment ended

    Rokens Kaspars

    Member of the Supervisory Board

  11. Officers and ownership

    Officer's appointment ended

    Baļčūns Guntars

    Member of the Board

  12. Officers and ownership

    Officer appointed

    Baļčūns Guntars

    Member of the Board

Showing 12 of 593 milestones

Sources & update dates

Data freshness

Registry record last changed
2026-09-22
FTM last checked
2026-09-23
Source last synchronized
2026-09-23

Registry dates describe source changes; checking and synchronization dates describe FTM imports. Missing dates mean this information is unavailable.

Data sources and update frequency

Source status shows whether FTM successfully received the complete dataset. Whether this company has a matching record is shown separately.

View all source details
  • Update frequency
    Every other calendar day, 03:30 Europe/Riga
    Source last synchronized
    2026-09-22
    FTM last checked
    2026-09-22
  • Tax debtUnavailable
    Update frequency
    On profile view; up to 12 hours, refreshed after the next working-day 07:00 update
    Source last synchronized
    FTM last checked
  • VAT statusCurrent
    Update frequency
    Daily
    Source last synchronized
    2026-09-23
    FTM last checked
    2026-09-23
  • Update frequency
    Every 3 days
    Source last synchronized
    2026-09-22
    FTM last checked
    2026-09-22
  • Update frequency
    Missing annual totals calculated after quarterly imports; existing annual records retained
    Source last synchronized
    2026-09-18
    FTM last checked
  • Update frequency
    Every 3 days at 04:15 Europe/Riga from the VID open dataset
    Source last synchronized
    2026-09-23
    FTM last checked
    2026-09-23
  • Update frequency
    Daily
    Source last synchronized
    2026-09-23
    FTM last checked
    2026-09-23
  • Update frequency
    Daily
    Source last synchronized
    2026-09-23
    FTM last checked
    2026-09-23
  • Update frequency
    On profile view (12-hour cache)
    Source last synchronized
    2026-09-09
    FTM last checked
    2026-09-09
  • Update frequency
    On profile view (12-hour cache)
    Source last synchronized
    2026-09-09
    FTM last checked
    2026-09-09

“Available” describes source synchronization; it does not automatically mean this company has a record in that source. Verify on-demand checks on the official VID website before making a decision.

Historical quarters from 2025 Q1 are collected through a one-time manual import from VID SNK2025.

Missing annual totals are calculated only when all four quarters of a completed year are available. Tax amounts are summed. The employee count is the average of the four quarterly counts, rounded down to a whole person. Existing VID annual records retain their original values and source.

VID quarterly publication is expected after the 15th following quarter-end, including Q4 in January; availability is not guaranteed on that date. Application refresh times differ from publication times. CSP does not specify a publication cadence here.

Information is compiled from public sources. Verify it in official registers before making legal or financial decisions.