AS "New Time City"Active

40203013194Joint-stock companyFounded 2016

Key figures

0 €
Revenue 2025
02 m4 m6 m8 m’17’18’19’20’21’22’23’24’25

Ratios

2025
Balance sheet structure
Current assetsNon-current assetsLiabilitiesEquity
05 m10 m15 m’17’18’19’20’21’22’23’24’25

Dividends

calculated
2025

Paid out in dividends approximately 150 000 € (44% of equity at the end of the previous year).

Low confidence: the company does not file a cash flow statement, so the amount is an estimate from changes in equity — it may also include other reductions of equity (e.g. a share capital reduction).

History
2025 ~150 000 €
20240 €
20230 €
20220 €
2021 ~5 905 401 €
20200 €
20190 €
20180 €
Summary of financial statements2017–2025
201720182019202020212022202320242025
Balance sheet — assets
Total current assets23 76217 9894 614 5174 796 130129 6757828167 47878837177
Total non-current assets17 69123 3647 705 1568 264 225384 491504 491458 191458 191458 191
Total assets41 45341 35312 319 67313 060 355514 166512 319625 669466 074465 368
Balance sheet — liabilities and equity
Current liabilities589660922 056 1561 630 74711391321113912471308
Non-current liabilities005 019 1325 372 121360 000360 000283 631124 731124 731
Total liabilities589660927 075 2887 002 868361 139361 321284 770125 978126 039
Share capital—————————
Retained earnings of previous periods—————————
Profit for the year-443-296896 114813 102941-2028189 901-803149 233
Total equity35 55735 2615 244 3856 057 487153 027150 998340 899340 096339 329
Income statement
Sales revenue007 132 1447 626 66600000
Operating profit-443-2461 051 363947 848-1582-4548-11 019-2137-2097
Profit before income tax-443-246897 349814 207991-1978189 951-753149 283
Profit for the reporting year-443-296896 114813 102941-2028189 901-803149 233
Labour costs—————————
Depreciation of non-current assets—————————
Other indicators
Employees0011910800000
Calculated dividend—0005 905 401000150 000

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

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100%100%100%AS "New Time City"4Kļaviņš Ralfs6Bērziņš Edmunds9+Kļaviņš AndisSIA NTC CWSabiedrība ar ierobež…Sabiedrība ar ierobež…
CompanyPersonShareholderOther roleAdditional link

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Summary: AS "New Time City"

Overview

AS "New Time City" (reg. no. 40203013194) is a joint-stock company. The company was registered in 2016 and has been in the register for 10 years. Registered address: Alūksnes nov., Jaunlaicenes pag., "Galdusalas 1".

Financial results

There was no revenue in 2025. Net profit for 2025 was 149 233 €. The company was profitable in 5 of the 9 published years. According to the report, the company had no employees in 2025. At the end of 2025, total assets were 465 368 € and equity 339 329 € (72,9% of assets).

Management and owners

The board has 3 members. The company holds stakes in 3 active Latvian companies.

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.