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Attistibas finansu institucija ALTUM AS (Latvia)

Main Activities: All Other Nondepository Credit Intermediation | Other Activities Related to Credit Intermediation
Full name: Attistibas finansu institucija ALTUM AS Profile Updated: October 02, 2024
Buy our report for this company USD 29.95 Most recent financial data: 2023 Available in: English & Russian Download a sample report

JSC "Development Finance Institution Altum" is a state-based stock company. The company offers a wide range of financial instruments, including support for business start-ups, development, and export markets, as well as state support for farmers. JSC "Development Finance Institution Altum" focuses on promoting the development of the agricultural sector and offers support programs for housing, energy efficiency, and renewable energy technologies. The company also manages alternative investment funds and provides guarantees for housing purchases and construction. JSC "Development Finance Institution Altum" aims to establish a single national development financial institution to concentrate state resources for the implementation of support and development programs. Operating in the financial industry, JSC "Development Finance Institution Altum" supports various segments, including agriculture, housing, and energy efficiency.

Headquarters
Doma laukums 4
Riga; Riga; Postal Code: LV-1050

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Website: http://www.altum.lv

Basic Information
Total Employees:
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Outstanding Shares:
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Registered Capital:
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Financial Auditors:
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Incorporation Date:
December 27, 2013
Key Executives
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Chairman of the Board
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Member of Management Board
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Member of Management Board
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Member of Management Board
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Member of Management Board
Ownership Details
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40%
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30%
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30%
Subsidiaries
Rigas Centra namu parvalde Ltd.
100%
SIA Hipoteku bankas nekustama ipasuma agentura
100%
SIA Rigas Centra namu parvalde
100%
Company Performance
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Key Financial Highlights
Annual growth percentages for latest two years in local currency EUR. Absolute financial data is included in the purchased report.
Net sales revenue
34.06%
Total operating revenue
36.89%
Operating profit (EBIT)
54.89%
Net Profit (Loss) for the Period
55.09%
Total assets
19.69%
Total equity
-1.67%
Operating Profit Margin (ROS)
8.9%
Net Profit Margin
10.22%
Return on Equity (ROE)
1.67%
Quick Ratio
-0.31%
Cash Ratio
-0.19%

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