Frigate AS audited annual report for 2019 / News / Investor relations / | Investment business service

Frigate AS audited annual report for 2019

Riga, 2020-07-16 12:07 CEST -- Frigate AS publishes audited annual report for 2019. Annual report for 2019 together with the independent auditor’s report is available in the attachment (in Latvian).

In 2019, Frigate AS continued active economic activity and cooperation with partners and clients, concluded new cooperation agreements with potential clients. While implementing these plans, Frigate AS intended to increase its turnover in the reporting year. According to the audited financial statements, the Company’s net turnover for 2019 amounts to EUR 538 353, which is 66% higher than in the previous year 2018; profit for the reporting year - EUR 326 367.

The Board of Frigate AS


Frigate AS, founded in 2015 in Latvia, is an international group of companies currently active in Switzerland, Luxembourg, Singapore, Lithuania and Latvia, which provides services in various investing areas according to client’s needs. Frigate AS provides a wide range of services which give investors access to securities - investment advice, portfolio management, executing orders for clients, structured products for different kinds of clients, documentary maintenance of investment operations and helping companies raise funds on capital markets. Frigate AS staff has all the licenses required for the activity on securities market and has extensive experience in working with documentation and cooperation with regulatory authorities. The company’s specialists are certified by the regulatory authorities in the field of preventing money laundering. For more information, visit:

Frigate AS shares are admitted to trading on Nasdaq Baltic First North Market.

The Certified Adviser for Frigate AS is SIA Nexia Audit Advice.


         Contact information:
         Address: Vaļņu Street 19 - 1D, Riga, LV-1050, Latvia
         Contact person: Armands Bušs, partner
         E-mail: Turn on Javascript!
         Phone: +371 29512246
         Certified Adviser:
         SIA Nexia Audit Advice
         Contact person: Olga Molčanova
         E-mail: Turn on Javascript!
         Phone: +371 67333228