Akciju sabiedrība "Grand Credit"Active
Key figures
Ratios
2025Balance sheet structure
Dividends
calculatedPaid out in dividends approximately 6002 € (<1% 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 statements2010–2025
| 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Balance sheet — assets | ||||||||||||||||
| Total current assets | 920 087 | 1 232 703 | 2 192 107 | 1 325 499 | 3 237 323 | 4 433 490 | 5 945 494 | 7 303 558 | 7 367 040 | 11 275 971 | 8 854 988 | 14 130 520 | 13 165 675 | 13 933 282 | 14 135 529 | 19 958 317 |
| Total non-current assets | 3 235 764 | 4 239 943 | 4 570 328 | 5 193 952 | 7 846 925 | 6 507 632 | 6 657 249 | 7 438 448 | 10 386 297 | 12 124 768 | 13 363 633 | 11 301 935 | 10 996 573 | 16 211 463 | 19 669 492 | 13 685 092 |
| Total assets | 4 155 851 | 5 472 646 | 6 762 435 | 6 519 451 | 11 084 248 | 10 941 122 | 12 602 743 | 14 742 006 | 17 753 337 | 23 400 739 | 22 218 621 | 25 432 455 | 24 162 248 | 30 144 745 | 33 805 021 | 33 643 409 |
| Balance sheet — liabilities and equity | ||||||||||||||||
| Current liabilities | 74 116 | 1 021 835 | 5 849 925 | 100 758 | 211 869 | 9 101 339 | 316 855 | 340 165 | 285 334 | 433 278 | 235 440 | 556 474 | 422 469 | 6 368 551 | 674 268 | 3 733 433 |
| Non-current liabilities | 3 701 545 | 3 892 496 | 139 001 | 5 460 107 | 9 494 986 | 298 318 | 10 560 148 | 12 443 034 | 15 170 326 | 20 786 650 | 19 853 310 | 22 509 553 | 21 608 542 | 21 615 947 | 30 879 947 | 27 425 947 |
| Total liabilities | 3 775 661 | 4 914 331 | 5 988 926 | 5 560 865 | 9 706 855 | 9 399 657 | 10 877 003 | 12 783 199 | 15 455 660 | 21 219 928 | 20 088 750 | 23 066 027 | 22 031 011 | 27 984 498 | 31 554 215 | 31 159 380 |
| Share capital | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Retained earnings of previous periods | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Profit for the year | 166 377 | 178 125 | 208 485 | 218 314 | 224 110 | 308 561 | 305 139 | 367 850 | 477 757 | 460 912 | 276 836 | 458 779 | 238 212 | 341 011 | 404 058 | 239 225 |
| Total equity | 380 190 | 558 315 | 766 801 | 951 878 | 1 370 560 | 1 530 889 | 1 725 740 | 1 958 807 | 2 297 677 | 2 180 811 | 2 129 871 | 2 366 428 | 2 131 237 | 2 160 247 | 2 250 806 | 2 484 029 |
| Income statement | ||||||||||||||||
| Sales revenue | 560 602 | 832 075 | 1 006 311 | 1 109 661 | 1 508 964 | 1 615 953 | 1 674 709 | 1 936 801 | 2 013 435 | 2 861 321 | 2 743 088 | 2 637 272 | 2 764 570 | 3 044 963 | 3 348 093 | 3 254 151 |
| Operating profit | 145 733 | 135 688 | 123 046 | 181 264 | 128 426 | 208 336 | 279 146 | 332 273 | 285 965 | 267 047 | 188 888 | 223 296 | 201 912 | 195 433 | 187 868 | -148 590 |
| Profit before income tax | 191 097 | 209 676 | 241 945 | 253 180 | 262 198 | 376 407 | 367 985 | 428 993 | 478 714 | 475 346 | 291 652 | 475 377 | 345 366 | 431 604 | 551 978 | 294 367 |
| Profit for the reporting year | 166 377 | 178 125 | 208 485 | 218 314 | 224 110 | 308 561 | 305 139 | 367 850 | 477 757 | 460 912 | 276 836 | 458 779 | 238 212 | 341 011 | 404 058 | 239 225 |
| Labour costs | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Depreciation of non-current assets | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Other indicators | ||||||||||||||||
| Employees | 7 | 7 | 8 | 8 | 10 | 10 | 12 | 16 | 20 | 22 | 22 | 22 | 22 | 22 | 20 | 22 |
| Calculated dividend | 0 | 0 | 0 | 0 | 113 000 | 113 398 | 110 288 | 134 783 | 138 887 | 577 778 | 327 776 | 222 222 | 473 403 | 312 001 | 313 499 | 6002 |
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: Akciju sabiedrība "Grand Credit"
Overview
Akciju sabiedrība "Grand Credit" (reg. no. 50003952521) is a joint-stock company. The company was registered in 2007 and has been in the register for 19 years. Registered address: Rīga, Vesetas iela 3.
Financial results
Revenue in 2025 was 3 254 151 €, down 2,8% on the previous year (3 348 093 €). From 2010 to 2025, revenue grew by an average of 12,4% per year. Net profit for 2025 was 239 225 € (7,4% of revenue). The company was profitable in all 16 published years. In 2025 the company had 22 employees (20 a year earlier). Revenue per employee was 147 916 €. At the end of 2025, total assets were 33 643 409 € and equity 2 484 029 € (7,4% of assets).
Management and owners
The board has 2 members.
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.