Sabiedrība ar ierobežotu atbildību "Citadele Factoring"Active

50003760921Limited liability companyFounded 2005

Key figures

3 717 585 €-24,1%

Revenue 2025

+4,3%

Average annual growth 2010–2025

Ratios

2025

52,2%

Profit margin

31,7%

Equity ratio

1,5×

Current ratio

10,9%

Return on equity

Balance sheet structure

Current assetsNon-current assetsLiabilitiesEquity

Summary of financial statements2010–2025

	2010	2011	2012	2013	2014	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024	2025
Balance sheet — assets
Total current assets	14 133 665	9 336 683	9 729 874	10 859 490	17 053 100	22 595 620	25 395 452	28 777 430	34 413 193	40 275 309	42 211 157	58 506 648	57 685 685	48 507 420	63 004 410	55 876 033
Total non-current assets	19 850 661	11 918 626	13 370 880	15 563 028	23 965 615	35 186 858	42 610 693	48 529 271	52 471 254	63 007 047	63 568 540	40 951 321	20 943 939	7 235 737	1 055 171	89 068
Total assets	33 984 326	21 255 309	23 100 754	26 422 518	41 018 715	57 782 478	68 006 145	77 306 701	86 884 447	103 282 356	105 779 697	99 457 969	78 629 624	55 743 157	64 059 581	55 965 101
Balance sheet — liabilities and equity
Current liabilities	35 970 003	20 904 409	22 596 198	25 525 763	40 072 126	56 323 026	65 585 796	73 155 634	80 752 915	95 226 341	95 713 583	87 248 613	65 149 728	40 877 367	48 126 748	38 174 521
Non-current liabilities	3548	25 682	41 870	9365	24 576	12 130	54 849	40 867	26 923	12 983	0	0	0	0	0	0
Total liabilities	35 973 551	20 930 091	22 638 068	25 535 128	40 096 702	56 335 156	65 640 645	73 196 501	80 779 838	95 239 324	95 713 583	87 248 613	65 149 728	40 877 367	48 126 748	38 174 521
Share capital	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—
Retained earnings of previous periods	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—
Profit for the year	-2 170 312	-1 885 558	137 468	424 704	-340 627	525 309	803 033	1 797 540	1 668 408	1 929 508	2 016 345	2 162 401	1 254 808	1 259 005	1 130 672	1 940 490
Total equity	-1 989 225	325 218	462 686	887 390	922 013	1 447 322	2 250 355	4 047 895	6 040 109	7 969 617	9 985 962	12 148 363	13 403 170	14 662 175	15 792 847	17 733 338
Income statement
Sales revenue	1 964 083	1 498 582	1 368 156	1 541 527	2 452 425	3 053 931	3 974 922	4 273 071	4 440 079	4 600 690	4 820 615	4 674 675	3 387 904	4 717 085	4 900 331	3 717 585
Operating profit	-3 436 061	-1 989 315	18 039	155 593	-340 627	525 309	803 033	1 862 920	1 668 408	1 942 241	2 041 523	2 164 399	1 254 808	1 259 005	1 130 672	1 940 490
Profit before income tax	-2 170 312	-1 885 558	137 468	424 704	-340 627	525 309	803 033	1 862 920	1 668 408	1 942 241	2 041 523	2 164 399	1 254 808	1 259 005	1 130 672	1 940 490
Profit for the reporting year	-2 170 312	-1 885 558	137 468	424 704	-340 627	525 309	803 033	1 797 540	1 668 408	1 929 508	2 016 345	2 162 401	1 254 808	1 259 005	1 130 672	1 940 490
Labour costs	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—
Depreciation of non-current assets	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—
Other indicators
Employees	25	20	2	0	0	0	0	0	1	1	1	5	6	4	3	3
Calculated dividend	0	0	0	0	0	0	0	0	0	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.

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Summary: Sabiedrība ar ierobežotu atbildību "Citadele Factoring"

Overview

Sabiedrība ar ierobežotu atbildību "Citadele Factoring" (reg. no. 50003760921) is a limited liability company. The company was registered in 2005 and has been in the register for 21 years. Registered address: Rīga, Republikas laukums 2A.

Financial results

Revenue in 2025 was 3 717 585 €, down 24,1% on the previous year (4 900 331 €). From 2010 to 2025, revenue grew by an average of 4,3% per year. Net profit for 2025 was 1 940 490 € (52,2% of revenue). The company was profitable in 13 of the 16 published years. In 2025 the company had 3 employees. Revenue per employee was 1 239 195 €. At the end of 2025, total assets were 55 965 101 € and equity 17 733 338 € (31,7% of assets).

Management and owners

The company has one board member. The sole owner of the company is Citadele banka, Akciju sabiedrība.

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.