Frigate AS audited annual report for 2023 / News / Investor relations / | Investment business service

Frigate AS audited annual report for 2023

Riga, 2024-04-02 12:50 CEST -- Frigate AS publishes audited annual report for 2023. Annual report for 2023 together with the independent auditor’s report is available in the attachment (in Latvian).

According to the audited financial statements, Frigate AS ended the year 2023 with a profit of EUR 234 390. A positive operating result is mainly related to the fact that the Company has successfully overcome the negative consequences of Covid-19 and returned to positive financial indicators.

In 2024, the Company will continue its active economic activity and cooperation with partners and customers, sign new cooperation agreements with potential customers. By implementing these plans, the Company intends to increase its turnover.

The Board of Frigate AS


Frigate AS, founded in 2015 in Latvia, is an international group of companies currently active in Switzerland, Luxembourg 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 AS 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:
         AS Nexia Audit Advice
         Contact person: Olga Molčanova
         E-mail: Turn on Javascript!
         Phone: +371 67333228