SIA "Cityfinances"Active
Key figures
Ratios
2025Balance sheet structure
Dividends
calculatedNo dividends were paid.
Summary of financial statements2010–2025
| 2021 | 2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|---|
| Sales revenue | 2 343 782 | 2 595 445 | 3 612 331 | 5 739 440 | 6 770 353 |
| Profit for the reporting year | 1 839 812 | 1 896 912 | 2 555 506 | 4 517 688 | 4 682 762 |
| Retained earnings of previous periods | — | — | — | — | — |
| Total assets | 4 139 215 | 5 492 380 | 7 474 608 | 12 019 656 | 16 803 742 |
| Total liabilities | 354 486 | 361 041 | 287 764 | 315 124 | 416 448 |
| Total equity | 3 784 729 | 5 131 339 | 7 186 844 | 11 704 532 | 16 387 294 |
| Employees | 5 | 5 | 6 | 9 | 10 |
| Calculated dividend | 0 | 550 302 | 500 001 | 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 "Cityfinances"
Overview
SIA "Cityfinances" (reg. no. 40103207511) is a limited liability company. The company was registered in 2008 and has been in the register for 17 years. Registered address: Rīga, Skanstes iela 7 k-1.
Financial results
Revenue in 2025 was 6 770 353 €, up 18,0% on the previous year (5 739 440 €). From 2010 to 2025, revenue grew by an average of 15,1% per year. This is the company's highest revenue among the published years (2010–2025). Net profit for 2025 was 4 682 762 € (69,2% of revenue). The company was profitable in 12 of the 16 published years. In 2025 the company had 10 employees (9 a year earlier). Revenue per employee was 677 035 €. At the end of 2025, total assets were 16 803 742 € and equity 16 387 294 € (97,5% of assets).
Management and owners
The company has one board member. The sole owner of the company is a private individual. The company holds a stake in one other active Latvian company.
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.