AS "Primero Finance"Active
Key figures
Ratios
2025Balance sheet structure
Summary of financial statements2018–2025
| 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|---|---|---|---|
| Balance sheet — assets | ||||||||
| Total current assets | 374 971 | 1 368 656 | 3 308 241 | 5 796 946 | 5 159 420 | 5 879 503 | 6 957 217 | 9 710 783 |
| Total non-current assets | 71 140 | 3 100 473 | 7 256 950 | 14 851 419 | 12 869 181 | 16 719 392 | 22 239 838 | 31 604 463 |
| Total assets | 446 111 | 4 469 129 | 10 565 191 | 20 648 365 | 18 028 601 | 22 598 895 | 29 197 055 | 41 315 246 |
| Balance sheet — liabilities and equity | ||||||||
| Current liabilities | 930 | 157 757 | 290 348 | 621 985 | 739 330 | 529 570 | 28 643 429 | 721 650 |
| Non-current liabilities | 0 | 3 777 337 | 9 713 224 | 19 408 606 | 16 504 187 | 21 504 702 | 3341 | 40 000 000 |
| Total liabilities | 930 | 3 935 094 | 10 003 572 | 20 030 591 | 17 243 517 | 22 034 272 | 28 646 770 | 40 721 650 |
| Share capital | — | — | — | — | — | — | — | — |
| Retained earnings of previous periods | — | — | — | — | — | — | — | — |
| Profit for the year | 20 181 | 88 854 | 27 584 | 56 155 | 167 310 | -1 220 461 | -914 338 | 43 311 |
| Total equity | 445 181 | 534 035 | 561 619 | 617 774 | 785 084 | 564 623 | 550 285 | 593 596 |
| Income statement | ||||||||
| Sales revenue | 0 | 253 969 | 1 603 981 | 2 932 100 | 3 069 673 | 3 441 781 | 4 687 123 | 6 566 283 |
| Operating profit | -2163 | 115 205 | 457 756 | 63 462 | 176 497 | -1 210 306 | -908 260 | 65 792 |
| Profit before income tax | 20 181 | 88 854 | 30 733 | 63 462 | 176 497 | -1 210 306 | -908 260 | 65 792 |
| Profit for the reporting year | 20 181 | 88 854 | 27 584 | 56 155 | 167 310 | -1 220 461 | -914 338 | 43 311 |
| Labour costs | — | — | — | — | — | — | — | — |
| Depreciation of non-current assets | — | — | — | — | — | — | — | — |
| Other indicators | ||||||||
| Employees | 0 | 4 | 15 | 25 | 28 | 32 | 34 | 34 |
| Calculated dividend | — | 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: AS "Primero Finance"
Overview
AS "Primero Finance" (reg. no. 40203148375) is a joint-stock company. The company was registered in 2018 and has been in the register for 8 years. Registered address: Rīga, Antonijas iela 3.
Financial results
Revenue in 2025 was 6 566 283 €, up 40,1% on the previous year (4 687 123 €). This is the company's highest revenue among the published years (2018–2025). Net profit for 2025 was 43 311 € (0,7% of revenue). The company was profitable in 6 of the 8 published years. In 2025 the company had 34 employees. Revenue per employee was 193 126 €. At the end of 2025, total assets were 41 315 246 € and equity 593 596 € (1,4% of assets).
Management and owners
The board has 2 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.