Valsts akciju sabiedrība "Valsts nekustamie īpašumi"Active
Key figures
Ratios
2025Balance sheet structure
Dividends
from the reportDividends paid 1 086 916 € (<1% of equity at the end of the previous year).
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 | 6 676 981 | 11 134 085 | 16 562 673 | 26 111 511 | 36 894 135 | 35 861 233 | 38 225 956 | 39 189 538 | 33 239 650 | 32 468 493 | 34 993 588 | 46 351 487 | 64 899 962 | 112 542 289 | 152 448 063 | 99 352 065 |
| Total non-current assets | 326 609 643 | 290 813 039 | 236 538 693 | 221 594 053 | 307 475 022 | 440 148 753 | 374 881 650 | 369 643 604 | 363 952 084 | 365 225 779 | 366 646 520 | 363 980 436 | 358 500 254 | 348 327 821 | 344 328 341 | 345 728 297 |
| Total assets | 333 286 624 | 301 947 124 | 253 101 366 | 247 705 564 | 344 369 157 | 476 009 986 | 413 107 606 | 408 833 142 | 397 191 734 | 397 694 272 | 401 640 108 | 410 331 923 | 423 400 216 | 460 870 110 | 496 776 404 | 445 080 362 |
| Balance sheet — liabilities and equity | ||||||||||||||||
| Current liabilities | 12 703 441 | 7 291 123 | 10 866 848 | 12 608 984 | 24 509 515 | 43 858 405 | 30 243 934 | 23 802 514 | 35 736 543 | 32 159 354 | 39 295 749 | 49 281 526 | 61 088 643 | 104 291 215 | 138 104 322 | 84 292 817 |
| Non-current liabilities | 57 739 810 | 79 006 556 | 73 378 677 | 68 718 416 | 88 577 801 | 145 659 887 | 130 423 089 | 104 244 643 | 85 216 734 | 86 560 514 | 84 990 520 | 81 797 683 | 76 035 462 | 62 174 740 | 64 076 404 | 63 346 350 |
| Total liabilities | 70 443 251 | 86 297 679 | 84 245 525 | 81 327 400 | 113 087 316 | 189 518 292 | 160 667 023 | 128 047 157 | 120 953 277 | 118 719 868 | 124 286 269 | 131 079 209 | 137 124 105 | 166 465 955 | 202 180 726 | 147 639 167 |
| Share capital | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Retained earnings of previous periods | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Profit for the year | -5 186 001 | 2 759 264 | 2 246 804 | 3 571 686 | 2 499 808 | -6 083 387 | -8 024 781 | 8 971 527 | 8 472 852 | 5 198 065 | 2 987 085 | 3 401 908 | 4 392 476 | 1 804 817 | 1 552 737 | 1 273 659 |
| Total equity | 261 867 827 | 214 589 802 | 167 898 418 | 165 473 964 | 229 905 328 | 284 945 132 | 252 209 464 | 280 317 627 | 275 955 353 | 278 738 281 | 277 285 416 | 279 212 121 | 286 107 376 | 294 171 157 | 294 447 410 | 296 232 925 |
| Income statement | ||||||||||||||||
| Sales revenue | 21 323 091 | 19 166 366 | 20 850 342 | 33 724 404 | 51 719 725 | 68 993 042 | 50 747 392 | 40 361 505 | 39 268 156 | 40 246 828 | 37 988 823 | 41 779 714 | 46 283 087 | 46 015 358 | 50 810 777 | 47 941 289 |
| Operating profit | -2 932 313 | 5 880 070 | 2 861 872 | 4 415 600 | 3 481 736 | -12 752 242 | -6 998 997 | 9 160 223 | 9 000 603 | 6 453 721 | 4 104 271 | 4 031 388 | 5 260 997 | 5 007 419 | 2 830 758 | 2 877 251 |
| Profit before income tax | -3 550 304 | 4 722 678 | 1 782 219 | 4 345 710 | 2 837 809 | -8 316 778 | -8 708 971 | 8 741 080 | 8 472 866 | 5 846 918 | 3 551 759 | 3 531 453 | 4 605 205 | 2 407 181 | 1 841 508 | 1 575 738 |
| Profit for the reporting year | -5 186 001 | 2 759 264 | 2 246 804 | 3 571 686 | 2 499 808 | -6 083 387 | -8 024 781 | 8 971 527 | 8 472 852 | 5 198 065 | 2 987 085 | 3 401 908 | 4 392 476 | 1 804 817 | 1 552 737 | 1 273 659 |
| Labour costs | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Depreciation of non-current assets | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Other indicators | ||||||||||||||||
| Employees | 528 | 553 | 537 | 626 | 654 | 673 | 588 | 581 | 523 | 465 | 421 | 374 | 402 | 411 | 413 | 402 |
| Calculated dividend | 265 626 | 0 | 2 504 785 | 2 024 854 | 4 595 820 | 1 179 298 | 0 | 0 | 2 293 188 | 2 595 411 | 0 | 0 | 2 177 221 | 2 811 184 | 1 155 083 | 1 086 916 |
A dash (—) means the report has not been filed or the line is not reported; 0 is a zero stated in the report.
Connections graph
Related companies
Summary: Valsts akciju sabiedrība "Valsts nekustamie īpašumi"
Overview
Valsts akciju sabiedrība "Valsts nekustamie īpašumi" (reg. no. 40003294758) is a joint-stock company. The company was registered in 1996 and has been in the register for 30 years. Registered address: Rīga, Talejas iela 1.
Financial results
Revenue in 2025 was 47 941 289 €, down 5,6% on the previous year (50 810 777 €). From 2010 to 2025, revenue grew by an average of 5,5% per year. Net profit for 2025 was 1 273 659 € (2,7% of revenue). The company was profitable in 13 of the 16 published years. In 2025 the company had 402 employees (413 a year earlier). Revenue per employee was 119 257 €. At the end of 2025, total assets were 445 080 362 € and equity 296 232 925 € (66,6% of assets).
Management and owners
The board has 3 members.
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.