AS Eleving Vehicle FinanceActive
Key figures
Ratios
2025Balance sheet structure
Dividends
from the reportDividends paid 2 462 755 € (29% of equity at the end of the previous year).
Summary of financial statements2019–2025
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|---|---|---|
| Balance sheet — assets | |||||||
| Total current assets | 910 069 | 2 172 933 | 78 953 584 | 107 881 803 | 106 368 618 | 4 028 189 | 4 308 921 |
| Total non-current assets | 1 131 870 | 13 946 301 | 154 142 715 | 164 244 547 | 166 796 678 | 18 259 267 | 26 429 348 |
| Total assets | 2 041 939 | 16 119 234 | 233 096 299 | 272 126 350 | 273 165 296 | 22 287 456 | 30 738 269 |
| Balance sheet — liabilities and equity | |||||||
| Current liabilities | 778 638 | 1 392 448 | 30 989 894 | 50 036 770 | 59 217 559 | 4 113 011 | 3 464 381 |
| Non-current liabilities | 1 258 604 | 6 654 094 | 199 053 439 | 198 082 260 | 192 198 781 | 9 551 162 | 18 961 635 |
| Total liabilities | 2 037 242 | 8 046 542 | 230 043 333 | 248 119 030 | 251 416 340 | 13 664 173 | 22 426 016 |
| Share capital | — | — | — | — | — | — | — |
| Retained earnings of previous periods | — | — | — | — | — | — | — |
| Profit for the year | -30 303 | -28 781 | 8 222 911 | 13 160 495 | 2 628 188 | 158 731 | 2 151 725 |
| Total equity | 4697 | 8 072 692 | 2 912 912 | 23 842 672 | 21 591 640 | 8 623 283 | 8 312 253 |
| Income statement | |||||||
| Sales revenue | 925 256 | 3 886 870 | 62 582 946 | 121 189 991 | 126 233 249 | 8 633 292 | 5 623 914 |
| Operating profit | -18 126 | 452 615 | 14 515 464 | 24 750 889 | 19 846 466 | -2 144 191 | -4129 |
| EBITDA | — | — | 17 982 319 | 30 446 741 | 25 987 144 | — | — |
| Profit before income tax | -30 003 | -24 594 | 12 237 052 | 17 886 292 | 4 652 236 | 160 733 | 2 152 587 |
| Profit for the reporting year | -30 303 | -28 781 | 8 222 911 | 13 160 495 | 2 628 188 | 158 731 | 2 151 725 |
| Labour costs | — | — | 13 251 284 | 22 688 484 | 23 034 260 | — | — |
| Depreciation of non-current assets | — | — | 3 466 855 | 5 695 852 | 6 140 678 | — | — |
| Other indicators | |||||||
| Employees | 26 | 41 | — | — | — | 87 | 47 |
| Calculated dividend | — | 0 | 0 | 208 494 | 2 259 315 | 1 700 000 | 2 462 755 |
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
Click a node to see its other connections.
Related companies
Summary: AS Eleving Vehicle Finance
Overview
AS Eleving Vehicle Finance (reg. no. 42103088260) is a joint-stock company. The company was registered in 2019 and has been in the register for 7 years. Registered address: Rīga, Skanstes iela 52.
Financial results
Revenue in 2025 was 5 623 914 €, down 34,9% on the previous year (8 633 292 €). From 2019 to 2025, revenue grew by an average of 35,1% per year. Net profit for 2025 was 2 151 725 € (38,3% of revenue). The company was profitable in 5 of the 7 published years. In 2025 the company had 47 employees (87 a year earlier). Revenue per employee was 119 658 €. At the end of 2025, total assets were 30 738 269 € and equity 8 312 253 € (27,0% 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.