SIA AJ PowerActive
Key figures
Ratios
2025Balance sheet structure
Summary of financial statements2014–2025
| 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Balance sheet — assets | ||||||||||||
| Total current assets | 514 413 | 932 465 | 2 339 516 | 3 525 301 | 6 917 534 | 7 240 066 | 7 412 528 | 13 574 243 | 15 828 101 | 12 959 393 | 13 555 594 | 16 425 036 |
| Total non-current assets | 0 | 81 398 | 333 975 | 344 395 | 365 968 | 162 955 | 704 885 | 1 315 940 | 577 609 | 269 867 | 4 928 004 | 8 171 452 |
| Total assets | 514 413 | 1 013 863 | 2 673 491 | 3 869 696 | 7 283 502 | 7 403 021 | 8 117 413 | 14 890 183 | 16 405 710 | 13 229 260 | 18 483 598 | 24 596 488 |
| Balance sheet — liabilities and equity | ||||||||||||
| Current liabilities | 425 877 | 631 985 | 2 166 672 | 3 357 068 | 6 313 207 | 5 347 890 | 5 517 821 | 12 572 493 | 12 996 549 | 8 762 854 | 11 387 941 | 13 647 812 |
| Non-current liabilities | 0 | 32 823 | 112 958 | 58 231 | 444 745 | 506 364 | 467 442 | 170 709 | 535 748 | 3268 | 778 449 | 3 771 376 |
| Total liabilities | 425 877 | 664 808 | 2 279 630 | 3 415 299 | 6 757 952 | 5 854 254 | 5 985 263 | 12 743 202 | 13 532 297 | 8 766 122 | 12 166 390 | 17 419 188 |
| Share capital | — | — | — | — | — | — | — | — | — | — | — | — |
| Retained earnings of previous periods | — | — | — | — | — | — | — | — | — | — | — | — |
| Profit for the year | 78 536 | 260 519 | 44 806 | 60 536 | 71 153 | 1 023 217 | 583 383 | 14 831 | 726 432 | 2 034 122 | 1 854 070 | 860 092 |
| Total equity | 88 536 | 349 055 | 393 861 | 454 397 | 525 550 | 1 548 767 | 2 132 150 | 2 146 981 | 2 873 413 | 4 463 138 | 6 317 208 | 7 177 300 |
| Income statement | ||||||||||||
| Sales revenue | 1 716 148 | 5 288 911 | 7 456 443 | 17 868 653 | 31 406 825 | 67 099 270 | 44 061 762 | 36 247 101 | 41 197 272 | 40 567 279 | 55 597 619 | 51 723 505 |
| Operating profit | 94 459 | 303 877 | 58 427 | 51 121 | -545 404 | 827 817 | 1 369 038 | -6 874 267 | -2 729 760 | 795 207 | 1 084 864 | 318 013 |
| Profit before income tax | 92 585 | 304 955 | 51 779 | 73 299 | 96 603 | 1 079 042 | 603 004 | 50 108 | 731 799 | 2 035 810 | 1 856 049 | 863 877 |
| Profit for the reporting year | 78 536 | 260 519 | 44 806 | 60 536 | 71 153 | 1 023 217 | 583 383 | 14 831 | 726 432 | 2 034 122 | 1 854 070 | 860 092 |
| Labour costs | — | — | — | — | — | — | — | — | — | — | — | — |
| Depreciation of non-current assets | — | — | — | — | — | — | — | — | — | — | — | — |
| Other indicators | ||||||||||||
| Employees | 1 | 4 | 6 | 8 | 6 | 7 | 11 | 19 | 19 | 20 | 25 | 20 |
| Calculated dividend | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 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 AJ Power
Overview
SIA AJ Power (reg. no. 40103780693) is a limited liability company. The company was registered in 2014 and has been in the register for 12 years. Registered address: Rīga, Daugavgrīvas iela 21.
Financial results
Revenue in 2025 was 51 723 505 €, down 7,0% on the previous year (55 597 619 €). From 2014 to 2025, revenue grew by an average of 36,3% per year. Net profit for 2025 was 860 092 € (1,7% of revenue). The company was profitable in all 12 published years. In 2025 the company had 20 employees (25 a year earlier). Revenue per employee was 2 586 175 €. At the end of 2025, total assets were 24 596 488 € and equity 7 177 300 € (29,2% of assets).
Management and owners
The company has one board member. The sole owner of the company is SIA AJ Power Holding. 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 02.11.2026. The LEI code (5493005RWKTSS4MX4210) comes from the GLEIF database. Changes, averages and ratios are calculated by entity.lv from open data and are not an official assessment.