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Company · 70.20 · Head offices; management consultancy

AS Eleving Vehicle Finance

From the company website
Eleving Group promotes financial inclusion and social mobility with vehicle and consumer finance in 16 countries across 3 continents

Turnover · 2025

5.6 M €

-35% vs previous year

Employees

47

Turnover per employee: 120 k €

Taxes paid · 2024

4.6 M €

Payroll fund / employees: 96 k €

Payroll fund · 2024 estimate

4.5 M €

Wage estimate, gross: 4,228 €

Tax breakdown · 2026 Q3

Total paid to VID 430 k €
Personal income tax 115 k €
Social contributions 177 k €
VAT paid · after deductions 137 k €
VAT refunded by the state 0 €

Quarterly history

QuarterTotal paid to VIDPersonal income taxSocial contributionsVAT paid · after deductionsVAT refunded by the state
2026 Q3430 k €115 k €177 k €137 k €0 €
2026 Q2485 k €126 k €196 k €162 k €0 €
2026 Q1591 k €155 k €250 k €186 k €0 €
2025 Q4468 k €103 k €176 k €188 k €0 €
20244.6 M €900 k €1.5 M €——
20233.4 M €850 k €1.5 M €——
20222.8 M €768 k €1.3 M €——

Financial health · From the 2025 balance sheet

Net profit2.2 M €
Total assets30.7 M €
Equity8.3 M €
Current ratio1.2
Quick ratio1.2
Debt to equity2.7
Equity ratio27.0%
Return on assets7.0%
Return on equity25.9%

Cross-section against the peer median

Compared with companies under NACE code 70.20 — 24.

Turnover
×2.1
5.6 M € 2.6 M €
Employees
×3.9
47 12
Taxes paid
×6.2
430 k € 70 k €
Payroll
×19
4.5 M € 243 k €
Logarithmic scale
÷10÷3×1×3×10

Position among peers

Turnover
above 75% of peers
Employees
above 79% of peers
This company Peer median · 24

Indicators

Turnover per employee 120 k € ×0.5 of the median
Margin 38.3%
Year on year -35%
Payroll fund estimate 4.5 M €
Registration number 42103088260
Registered address Rīga, Skanstes iela 52

panel.caveats

Building coordinate from the State Address Register. Figures come from public registers. Wage, export share and address confidence are estimates and are always labelled as such.

Similar companies

Filed annual reports

YearTurnoverNet profitAssetsEmployees
20255.6 M € 2.2 M € 30.7 M € 47
20248.6 M € 159 k € 22.3 M € 87
20238.1 M € -127915 € 24.3 M € 89
20227.7 M € -2238881 € 48.7 M € 84
202162.6 M € 8.2 M € 233.1 M € 1345
20203.9 M € -28781 € 16.1 M € 41

Foreign trade of the industry · 2025

Industry goods exports

1.4 M €

Industry goods imports

875 k €