AC Partnership — Reg. No. 50003498471

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AC Partnership SIA

AC PARTNERSHIP

Ābeļu iela 17B – 8, Gulbene, Gulbenes nov., LV-4401

Registration No.

50003498471

Status

Registered

Commercial Register

Registered on

2000-06-14

Legal form

Limited Liability Company

Equity capital

Paid-up equity 2840 €

Registered payment 2014-05-14

VAT number

LV50003498471

VAT registered on 2025-04-17

Members

Company Members

Total: 2

Per page

ActivePerson

Andževs Jānis (LV)

Identifier: 200681-12569

Number of shares: 1450
Nominal value per share: 1,00 EUR
Share capital value: 1450,00 EUR
51.05634% of share capital
Personally liable: No

From: 2025-11-25
To: Not available
Registered on: 2025-12-02
Removed on: Not available

ActivePerson

Rahimov Orkhan (AZ)

Identifier: 327596-25804

Number of shares: 1390
Nominal value per share: 1,00 EUR
Share capital value: 1390,00 EUR
48.94366% of share capital
Personally liable: No

From: 2025-11-25
To: Not available
Registered on: 2025-12-02
Removed on: Not available

Officers

Company Officers

Total: 2

Per page

Andževs Jānis (LV)

Member of the Board

Identifier: 200681-12569

Active Executive Board

Rights of representation

Right to represent individually

Ciganskis Inārs (LV)

Member of the Board

Identifier: 220873-11466

Active Executive Board

Rights of representation

Right to represent individually

Beneficial owners

Registered beneficial owners: 2

Rows per page

Andževs Jānis (LV)

Identification number: 200681-12569

Means of control: as a company member/shareholder

Active

Means of control

as a company member/shareholder

Rahimov Orkhan (AZ)

Identification number: 327596-25804

Means of control: as a company member/shareholder

Active

Means of control

as a company member/shareholder

Financial key indicatorsLatest year: 2025

Overall financial risk (latest available year)

Lower observed financial risk

LiquiditySolvencyProfitability

This summary is based only on the publicly available balance sheet, income statement and, if present, cash flow statement. For small and micro entities some indicators may be missing.

Turnover

13,441 EUR

Net result

1,081 EUR

Margin: 8.0%

Balance sheet size

4,943 EUR

Equity: 4,750 EUR (96.1%)

Liquidity (short-term payments)

Comfortable

The company appears able to cover its short-term liabilities from its current assets with some safety margin.

Current ratio: 25.6
Quick ratio: 10.6

Solvency (capital strength)

Solid

A significant part of the company is financed by its own capital, which usually means lower long-term financial risk.

Equity ratio: 96.1%
Debt-to-assets: 3.9%

Profitability & cash flow

Profitable

The company is generating a healthy profit relative to its turnover or assets.

Net margin: 8.0%
Return on assets (ROA): 21.9%
Operating cash flow: Not available (cash flow statement may not be required for small companies)

Simple trend (last 3 years)

Colour hints show improvement or deterioration across years.

Year	Turnover	Net margin	Equity ratio	Current ratio
2025	13,441	8.0%	96.1%	25.6
2024	0	–	98.7%	–
2023	0	–	98.9%	–

Trends are indicative only. Small changes can be caused by rounding, classification or changes in reporting format.

Key metrics by year

Each column shows one reporting year. Some metrics may be missing if they are not required in the filed report.

Metric	2025	2024	2023	2022	2021
Turnover	13,441	0	0	0	0
Net result	1,081	-664	-616	-2,054	-2,113
Net margin	8.0%	–	–	–	–
Return on assets (ROA)	21.9%	-17.9%	-14.1%	-40.5%	-30.1%
Equity ratio	96.1%	98.7%	98.9%	97.6%	99.7%
Debt-to-assets	3.9%	1.3%	1.1%	2.4%	0.3%
Current ratio	25.6	–	–	–	379.9
Quick ratio	10.6	–	–	–	379.9
Operating cash flow	–	–	–	–	–

Values are derived from the published balance sheet, income statement and cash flow statement (if available). A missing value usually means that the line item is not reported or not required for that entity size.

Label	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010
Year Started	2025-01-01	2024-01-01	2023-01-01	2022-01-01	2021-01-01	2020-01-01	2019-01-01	2018-01-01	2017-01-01	2016-01-01	2015-01-01	2014-01-01	2013-01-01	2012-01-01	2011-01-01	2010-01-01
Year Ended	2025-12-31	2024-12-31	2023-12-31	2022-12-31	2021-12-31	2020-12-31	2019-12-31	2018-12-31	2017-12-31	2016-12-31	2015-12-31	2014-12-31	2013-12-31	2012-12-31	2011-12-31	2010-12-31
Report date	2026-04-26	2025-03-02	2024-05-30	2023-04-28	2022-07-25	2021-07-24	2020-07-27	2019-05-02	2018-05-03	2017-04-19	2016-04-25	2015-04-28	2014-05-10	2013-05-04	2012-05-03	2011-04-21
Employees	1	2	2	2	2	3	3	18	9	8	15	16	16	14	14	15
Currency	EUR	EUR	EUR	EUR	EUR	EUR	EUR	EUR	EUR	EUR	EUR	EUR	LVL	LVL	LVL	LVL
Rounded To	ONES	ONES	ONES	ONES	ONES	ONES	ONES	ONES	ONES	ONES	ONES	ONES	ONES	ONES	ONES	ONES
Source Schema	DokGPv1	DokGPv1	DokGPv1	DokGPv1	DokGPv1	DokGPv1	DokGPv1	DokGPv1	DokGPUIENv1	DokGPUIENv1	DokUGP2008v1	DokUGP2008v1	DokUGP2008v1	DokUGP2008v1	DokUGP2008v1	DokUGP2008v1
Source Type	UGP	UGP	UGP	UGP	UGP	UGP	UGP	UGP	UGP	UGP	—	—	—	—	—	—

Balance sheet

Per year

Label	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010
Cash	243	3,718	4,353	4,994	6,654	8,416	12,473	13,711	15,058	9,494	5,003	18,780	2,479	1,229	6,794	4,134
Accounts Receivable	1,800	0	0	0	184	406	271	1,209	13,903	2,628	7,772	576	642	503	187	54
Inventory	2,900	0	0	0	0	0	71	359	162	2,179	262	542	581	282	298	254
Marketable Securities	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Current Assets	4,943	3,718	4,353	4,994	6,838	8,822	12,815	15,279	29,123	14,301	13,037	19,898	3,702	2,014	7,279	4,442
Investments	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Fixed Assets	0	0	29	77	183	294	521	919	1,488	1,739	2,390	2,923	1,498	1,801	1,298	1,265
Intangible Assets	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Non-Current Assets	0	0	29	77	183	294	521	919	1,488	1,739	2,390	2,923	1,498	1,801	1,298	1,265
Total Assets	4,943	3,718	4,382	5,071	7,021	9,116	13,336	16,198	30,611	16,040	15,427	22,821	5,200	3,815	8,577	5,707
Current Liabilities	193	0	0	0	18	0	1,225	1,175	16,899	9,278	5,412	7,742	192	0	0	3,898
Non-Current Liabilities	0	49	49	122	0	0	0	0	0	0	0	5,476	560	359	4,527	0
Total Liabilities	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Equity	4,750	3,669	4,333	4,949	7,003	9,116	12,111	15,023	11,340	5,101	8,388	3,426	2,087	1,852	2,130	954
Total	4,943	3,718	4,382	5,071	7,021	9,116	13,336	16,198	30,611	16,040	15,427	22,821	5,200	3,815	8,577	5,707

Income statement

Per year

Label	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010
Net Turnover	13,441	0	0	0	0	8,506	26,092	116,103	133,785	97,513	169,421	180,746	128,879	81,184	87,431	91,937
Cost of Goods Sold	6,740	29	48	106	111	6,594	19,280	83,673	92,496	71,097	126,310	138,017	101,382	63,631	69,817	71,060
Gross Profit	6,701	-29	-48	-106	-111	1,912	6,812	32,430	41,289	26,416	43,111	42,729	27,497	17,553	17,614	20,877
Selling Expenses	4,468	0	0	0	875	1,376	2,599	8,159	9,008	9,059	11,786	10,397	6,060	4,538	4,391	4,658
Administrative Expenses	1,152	685	602	1,898	1,106	3,065	7,123	20,522	25,841	21,070	29,924	30,734	20,594	13,770	11,483	14,871
Inventory Change	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
LT Investment Expenses	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Other Operating Revenues	0	50	50	0	62	423	0	0	0	0	4,720	19	2	351	42	321
Material Expenses	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Labour Expenses	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Depreciation Expenses	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Other Operating Expenses	0	0	16	0	33	839	1	16	5	20	232	2	9	0	40	26
Equity Investment Earnings	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Other LT Investment Earnings	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Other Interest Revenues	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Investment Fair Value Adj.	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Interest Expenses	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Extra Revenues	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Extra Expenses	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Income Before Income Taxes	1,081	-664	-616	-2,004	-2,063	-2,945	-2,911	3,733	6,435	-3,733	5,889	1,615	836	-404	1,742	1,643
Provision For Income Taxes	0	0	0	50	50	50	50	50	0	0	694	1,137	361	0	545	132
Income After Income Taxes	1,081	-664	-616	-2,054	-2,113	-2,995	-2,961	3,683	6,435	-3,733	0	0	0	0	0	0
Other Taxes	0	0	0	0	0	0	0	0	0	0	233	15	240	10	21	17
Extra Dividends	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Net Income	1,081	-664	-616	-2,054	-2,113	-2,995	-2,961	3,683	5,801	-3,287	4,962	463	235	-414	1,176	1,494

Cash flow statement

Per year

Label	2015	2014	2013
Received from Customers	0	0	0
Paid to Suppliers/Employees	0	0	0
Income Before Taxes	5,889	1,615	836
Income Before WC Changes	0	0	0
Other Cash Rec./Paid	0	0	0
Operating Cash Flow	-12,688	12,350	1,326
Interest Paid	0	0	0
Taxes Paid	-1,428	1,425	-192
Extra Items Cash Flow	0	0	0
Net Operating Cash Flow	-14,116	13,775	1,134
Stocks Acquisition	0	0	0
Stocks Sale Proceeds	0	0	0
Fixed/intang. Assets Acquisition	461	1,478	115
Fixed/intang. Assets Sale Proceeds	-122	0	0
Loans Made	0	0	0
Loan Repayments Received	0	0	0
Interest Received	0	0	0
Dividends Received	0	0	0
Net Investing Cash Flow	339	1,478	115
Stocks/Bonds Issuance Proceeds	0	0	0
Loans Received	0	0	0
Subsidies/Grants/Contrib. Received	0	0	0
Loan Repayments Made	0	0	0
Lease Obligations Repayments	0	0	0
Dividends Paid	0	0	0
Net Financing Cash Flow	0	0	0
Effect of Exchange Rate Change	0	0	0
Net Increase	-13,777	15,253	1,250
At Beginning of Year	18,780	3,527	1,229
At End of Year	5,003	18,780	2,479

AC Partnership SIA

Company Members

Company Officers

Beneficial owners

Financial key indicatorsLatest year: 2025

Meta

Balance sheet

Income statement

Cash flow statement