Elite Cars SIAActive

44103125974Limited liability companyFounded 2019

Key figures

9 607 393 €+95,2%
Revenue 2025
+100,2%
Average annual growth 2020–2025
02,5 m5 m7,5 m10 m202020212022202320242025

Ratios

2025
Balance sheet structure
Current assetsNon-current assetsLiabilitiesEquity
0500 k1 m202020212022202320242025
Summary of financial statements2020–2025
202020212022202320242025
Balance sheet — assets
Total current assets90 808159 061166 087541 772564 563944 714
Total non-current assets97648829331827171513 716
Total assets91 784159 549169 020543 599566 278958 430
Balance sheet — liabilities and equity
Current liabilities33 08520 880948578 109495 954606 822
Non-current liabilities60 756127 946148 027451 294101 439248 464
Total liabilities93 841148 826157 512529 403597 393855 286
Share capital——————
Retained earnings of previous periods——————
Profit for the year-505712 7807852688-45 311134 259
Total equity-205710 72311 50814 196-31 115103 144
Income statement
Sales revenue299 057764 703717 2462 539 3894 920 9639 607 393
Operating profit-485313 922-447518 162-5802213 076
Profit before income tax-505712 7807852688-39 049149 181
Profit for the reporting year-505712 7807852688-45 311134 259
Labour costs——————
Depreciation of non-current assets——————
Other indicators
Employees113458
Calculated dividend—00000

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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100%Elite Cars SIA1Teniss Raivis
CompanyPersonShareholderOther roleAdditional link

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Summary: Elite Cars SIA

Overview

Elite Cars SIA (reg. no. 44103125974) is a limited liability company. The company was registered in 2019 and has been in the register for 7 years. Registered address: Mārupes nov., Mārupes pag., "Lielmaņi k-2".

Financial results

Revenue in 2025 was 9 607 393 €, up 95,2% on the previous year (4 920 963 €). From 2020 to 2025, revenue grew by an average of 100% per year. This is the company's highest revenue among the published years (2020–2025). Net profit for 2025 was 134 259 € (1,4% of revenue). The company was profitable in 4 of the 6 published years. In 2025 the company had 8 employees (5 a year earlier). Revenue per employee was 1 200 924 €. At the end of 2025, total assets were 958 430 € and equity 103 144 € (10,8% of assets).

Management and owners

The company has one board member. The sole owner of the company is a private individual.

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.