Published: 2020-03-26 17:48:42 CET
Rīgas autoelektroaparātu rūpnīca
Annual Financial Report

AS „Rīgas autoelektroaparātu rūpnīca” Annual report for the period 01.01.2019-31.12.2019.

AS “Rīgas autoelektroaparātu rūpnīca” business is renting and management of its real estate property. In earlier years, the Company produced control and measuring devices for motorcars and tractors. Currently the Company has completely ceased the production, but it is still selling the production from its warehouse.

Negotiations with potential tenants are ongoing, seeking to rent out more areas to one tenant.


Net turnover of the enterprise in 2019 is EUR 13,2 thousand, including EUR 2,5 thousand sales of production and EUR 10,5 thousand renting of real estate.


The net result of economic activities in 2019 is loss of EUR 122 348.


In the attachment:

Annual report for the period 01.01.2019-31.12.2019.

Auditor’s report

Corporate Governance report 2019





Inna Vencenosceva

Phone: +371 67371352


CG report 2019.PDF
Annual report 2019.PDF
Auditors report 2019 Eng.pdf