SIA "AVE GROUP"Active
Key figures
Ratios
2025Balance sheet structure
Dividends
calculatedPaid out in dividends approximately 160 300 € (35% 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).
Summary of financial statements2020–2025
| 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|---|---|
| Balance sheet — assets | ||||||
| Total current assets | 6880 | 46 113 | 12 382 | 412 850 | 4876 | 408 934 |
| Total non-current assets | 50 000 | 182 040 | 162 374 | 199 818 | 490 753 | 1 139 778 |
| Total assets | 56 880 | 228 153 | 174 756 | 612 668 | 495 629 | 1 548 712 |
| Balance sheet — liabilities and equity | ||||||
| Current liabilities | 11 060 | 33 326 | 5019 | 12 357 | 41 463 | 28 645 |
| Non-current liabilities | 0 | 0 | 0 | 0 | 0 | 0 |
| Total liabilities | 11 060 | 33 326 | 5019 | 12 357 | 41 463 | 28 645 |
| Share capital | — | — | — | — | — | — |
| Retained earnings of previous periods | — | — | — | — | — | — |
| Profit for the year | 43 020 | 165 007 | 1910 | 457 724 | -71 645 | 1 226 201 |
| Total equity | 45 820 | 194 827 | 169 737 | 600 311 | 454 166 | 1 520 067 |
| Income statement | ||||||
| Sales revenue | 39 800 | 177 140 | 7444 | 495 000 | 0 | 1 313 000 |
| Operating profit | 43 020 | 169 156 | 8671 | 464 696 | -51 914 | 1 269 700 |
| Profit before income tax | 43 020 | 169 007 | 8660 | 464 512 | -53 020 | 1 266 276 |
| Profit for the reporting year | 43 020 | 165 007 | 1910 | 457 724 | -71 645 | 1 226 201 |
| Labour costs | — | — | — | — | — | — |
| Depreciation of non-current assets | — | — | — | — | — | — |
| Other indicators | ||||||
| Employees | 1 | 1 | 1 | 1 | 2 | 2 |
| Calculated dividend | — | 16 000 | 27 000 | 27 150 | 74 500 | 160 300 |
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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Related companies
- SIA "Street Pica Inc" — 51,62%
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- SIA "DAUGAVA PV" — 49%
Summary: SIA "AVE GROUP"
Overview
SIA "AVE GROUP" (reg. no. 41203071878) is a limited liability company. The company was registered in 2020 and has been in the register for 6 years. Registered address: Rīga, Meža iela 4A - 60.
Financial results
Revenue in 2025 was 1 313 000 €. From 2020 to 2025, revenue grew by an average of 101% per year. This is the company's highest revenue among the published years (2020–2025). Net profit for 2025 was 1 226 201 € (93,4% of revenue). The company was profitable in 5 of the 6 published years. In 2025 the company had 2 employees. Revenue per employee was 656 500 €. At the end of 2025, total assets were 1 548 712 € and equity 1 520 067 € (98,2% of assets).
Management and owners
The company has one board member. The sole owner of the company is a private individual. The company holds stakes in 4 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.