AS "AB CITY"Active
Key figures
Ratios
2024Balance sheet structure
Dividends
from the reportNo dividends were paid.
Summary of financial statements2018–2024
| 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|---|---|
| Balance sheet — assets | |||||||
| Total current assets | 32 050 | 6 362 910 | 158 838 785 | 210 228 921 | 67 537 496 | 146 257 821 | 165 926 076 |
| Total non-current assets | 0 | 16 588 975 | 131 815 810 | 181 748 220 | 253 698 418 | 214 621 751 | 210 640 476 |
| Total assets | 32 050 | 22 951 885 | 290 654 595 | 391 977 141 | 321 235 914 | 360 879 572 | 376 566 552 |
| Balance sheet — liabilities and equity | |||||||
| Current liabilities | 121 | 18 574 977 | 72 701 034 | 127 201 411 | 81 684 552 | 477 735 | 916 592 |
| Non-current liabilities | 0 | 3 004 617 | 17 860 291 | 26 552 432 | 0 | 0 | 0 |
| Total liabilities | 121 | 21 579 594 | 90 561 325 | 153 753 843 | 81 684 552 | 477 735 | 916 592 |
| Share capital | — | — | — | — | — | — | — |
| Retained earnings of previous periods | — | — | — | — | — | — | — |
| Profit for the year | -3071 | 95 362 | -564 335 | 63 554 886 | 20 641 765 | 120 850 475 | 15 248 123 |
| Total equity | 31 929 | 1 372 291 | 200 093 270 | 238 223 298 | 239 551 362 | 360 401 837 | 375 649 960 |
| Income statement | |||||||
| Sales revenue | 0 | 1 991 194 | 3 992 799 | 384 725 008 | 101 386 | 1 161 726 | 1 631 785 |
| Operating profit | -3071 | 191 402 | -201 054 | 62 828 589 | -788 970 | -1 872 670 | -965 766 |
| Profit before income tax | -3071 | 122 922 | -534 208 | 67 020 037 | 20 641 765 | 120 850 475 | 15 248 180 |
| Profit for the reporting year | -3071 | 95 362 | -564 335 | 63 554 886 | 20 641 765 | 120 850 475 | 15 248 123 |
| Labour costs | — | — | — | — | — | — | — |
| Depreciation of non-current assets | — | — | — | — | — | — | — |
| Other indicators | |||||||
| Employees | 0 | 26 | 24 | — | 3 | 11 | 15 |
| Calculated dividend | — | 0 | 0 | 24 000 000 | 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 "AB CITY"
Overview
AS "AB CITY" (reg. no. 40203174414) is a joint-stock company. The company was registered in 2018 and has been in the register for 8 years. Registered address: Rīga, Grēdu iela 4A.
Financial results
Revenue in 2024 was 1 631 785 €, up 40,5% on the previous year (1 161 726 €). Net profit for 2024 was 15 248 123 € (934% of revenue). The company was profitable in 5 of the 7 published years. In 2024 the company had 15 employees (11 a year earlier). Revenue per employee was 108 786 €. At the end of 2024, total assets were 376 566 552 € and equity 375 649 960 € (99,8% of assets).
Management and owners
The board has 2 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 02.11.2026. Changes, averages and ratios are calculated by entity.lv from open data and are not an official assessment.