AS AJ Power RecyclingActive
Key figures
Ratios
2025Balance sheet structure
Dividends
calculatedNo dividends were paid.
Summary of financial statements2018–2025
| 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|---|---|---|---|
| Balance sheet — assets | ||||||||
| Total current assets | 56 427 | 1 363 025 | 999 292 | 1 373 565 | 1 027 005 | 1 273 713 | 2 182 544 | 5 321 639 |
| Total non-current assets | 1206 | 1514 | 8653 | 128 035 | 613 328 | 305 000 | 659 367 | 319 367 |
| Total assets | 57 633 | 1 364 539 | 1 007 945 | 1 501 600 | 1 640 333 | 1 578 713 | 2 841 911 | 5 641 006 |
| Balance sheet — liabilities and equity | ||||||||
| Current liabilities | 6423 | 1 754 913 | 1 314 760 | 1 162 738 | 1 181 078 | 879 540 | 1 265 918 | 1 759 765 |
| Non-current liabilities | 71 460 | 62 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total liabilities | 77 883 | 1 754 975 | 1 314 760 | 1 162 738 | 1 181 078 | 879 540 | 1 265 918 | 1 759 765 |
| Share capital | — | — | — | — | — | — | — | — |
| Retained earnings of previous periods | — | — | — | — | — | — | — | — |
| Profit for the year | -55 250 | -498 417 | 178 480 | 400 677 | 205 513 | 239 918 | 417 800 | 252 856 |
| Total equity | -20 250 | -518 667 | -340 187 | 305 490 | 459 255 | 699 173 | 1 116 973 | 1 369 829 |
| Income statement | ||||||||
| Sales revenue | 0 | 707 107 | 1 804 508 | 2 675 683 | 2 885 460 | 2 709 100 | 5 143 590 | 8 153 767 |
| Operating profit | -54 300 | -465 794 | 238 503 | 425 976 | 238 498 | 299 436 | 435 753 | 231 307 |
| Profit before income tax | -55 250 | -491 413 | 191 003 | 400 678 | 206 524 | 240 506 | 419 723 | 252 899 |
| Profit for the reporting year | -55 250 | -498 417 | 178 480 | 400 677 | 205 513 | 239 918 | 417 800 | 252 856 |
| Labour costs | — | — | — | — | — | — | — | — |
| Depreciation of non-current assets | — | — | — | — | — | — | — | — |
| Other indicators | ||||||||
| Employees | 2 | 3 | 4 | 3 | 2 | 3 | 3 | 2 |
| Calculated dividend | — | 0 | 0 | 0 | 51 748 | 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: AS AJ Power Recycling
Overview
AS AJ Power Recycling (reg. no. 40203135718) is a joint-stock company. The company was registered in 2018 and has been in the register for 8 years. Registered address: Rīga, Daugavgrīvas iela 21.
Financial results
Revenue in 2025 was 8 153 767 €, up 58,5% on the previous year (5 143 590 €). This is the company's highest revenue among the published years (2018–2025). Net profit for 2025 was 252 856 € (3,1% of revenue). The company was profitable in 6 of the 8 published years. In 2025 the company had 2 employees (3 a year earlier). Revenue per employee was 4 076 884 €. At the end of 2025, total assets were 5 641 006 € and equity 1 369 829 € (24,3% of assets).
Management and owners
The board has 2 members. 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.