Nordic Vehicles Group SIAActive
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 | 2777 | 1793 | 1855 | 1866 | 1 299 800 | 45 657 157 | 43 459 549 | 43 290 590 |
| Total non-current assets | 0 | 0 | 0 | 0 | 8 370 001 | 26 464 073 | 25 810 136 | 28 087 664 |
| Total assets | 2777 | 1793 | 1855 | 1866 | 9 669 801 | 72 121 230 | 69 269 685 | 71 378 254 |
| Balance sheet — liabilities and equity | ||||||||
| Current liabilities | 12 532 | 491 | 885 | 994 | 20 046 | 29 897 861 | 29 341 018 | 30 123 322 |
| Non-current liabilities | 0 | 11 762 | 11 762 | 11 762 | 1 300 000 | 22 128 678 | 18 608 543 | 17 908 279 |
| Total liabilities | 12 532 | 12 253 | 12 647 | 12 756 | 1 320 046 | 52 026 539 | 47 949 561 | 48 031 601 |
| Share capital | — | — | — | — | — | — | — | — |
| Retained earnings of previous periods | — | — | — | — | — | — | — | — |
| Profit for the year | -12 555 | -705 | -332 | -98 | -9355 | 9 696 728 | 1 225 433 | 2 026 529 |
| Total equity | -9755 | -10 460 | -10 792 | -10 890 | 8 349 755 | 20 094 691 | 21 320 124 | 23 346 653 |
| Income statement | ||||||||
| Sales revenue | 0 | 0 | 0 | 0 | 0 | 150 786 475 | 131 900 445 | 135 042 077 |
| Operating profit | -12 435 | -612 | -282 | -48 | 10 195 | 4 851 217 | 2 493 896 | 3 227 165 |
| EBITDA | — | — | — | — | — | 4 851 217 | 2 493 896 | 3 227 165 |
| Profit before income tax | -12 555 | -686 | -282 | -48 | -9305 | 9 937 349 | 1 320 483 | 2 396 726 |
| Profit for the reporting year | -12 555 | -705 | -332 | -98 | -9355 | 9 696 728 | 1 225 433 | 2 026 529 |
| Labour costs | — | — | — | — | — | 14 729 548 | 15 083 912 | 15 326 071 |
| Depreciation of non-current assets | — | — | — | — | — | 0 | 0 | 0 |
| Other indicators | ||||||||
| Employees | 1 | 1 | 1 | 1 | 1 | 341 | 345 | 351 |
| 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.
Connections graph
Related companies
- BRC Mobility SIA — 100%
- INTRAC Rent Latvia SIA — 100%
Summary: Nordic Vehicles Group SIA
Overview
Nordic Vehicles Group SIA (reg. no. 40203151021) is a limited liability company. The company was registered in 2018 and has been in the register for 8 years. Registered address: Rīga, Latgales iela 458.
Financial results
Revenue in 2025 was 135 042 077 €, up 2,4% on the previous year (131 900 445 €). Net profit for 2025 was 2 026 529 € (1,5% of revenue). The company was profitable in 3 of the 8 published years. In 2025 the company had 351 employees (345 a year earlier). Revenue per employee was 384 735 €. At the end of 2025, total assets were 71 378 254 € and equity 23 346 653 € (32,7% of assets).
Management and owners
The board has 2 members. According to the register, the company has 4 owners. The largest stake (50,9%) is held by OU United Partners Investments. The company holds stakes in 2 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.