SIA Marcegaglia BalticsActive
Key figures
Ratios
2025Balance sheet structure
Dividends
from the reportNo dividends were paid.
Summary of financial statements2009–2025
| 2009 | 2010 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Balance sheet — assets | ||||||||||||||||
| Total current assets | 25 898 110 | 35 911 247 | 48 499 098 | 44 899 886 | 61 402 980 | 43 900 378 | 108 910 552 | 88 921 011 | 184 867 859 | 103 279 830 | 172 156 665 | 428 108 895 | 239 917 495 | 235 755 136 | 232 417 580 | 61 272 343 |
| Total non-current assets | 28 878 031 | 28 828 790 | 27 244 389 | 24 778 907 | 32 710 697 | 31 363 282 | 28 039 600 | 22 026 047 | 21 599 349 | 49 086 610 | 20 389 050 | 31 845 349 | 34 057 288 | 17 066 569 | 16 239 336 | 16 509 473 |
| Total assets | 54 776 141 | 64 740 037 | 75 743 487 | 69 678 793 | 94 113 677 | 75 263 660 | 136 950 152 | 110 947 058 | 206 467 208 | 152 366 440 | 192 545 715 | 459 954 244 | 273 974 783 | 252 821 705 | 248 656 916 | 77 781 816 |
| Balance sheet — liabilities and equity | ||||||||||||||||
| Current liabilities | 54 350 885 | 60 757 779 | 35 485 474 | 30 227 163 | 50 275 590 | 27 953 556 | 27 221 623 | 41 472 730 | 124 029 179 | 65 434 233 | 77 993 487 | 306 263 873 | 295 403 397 | 12 608 958 | 4 368 408 | 15 418 642 |
| Non-current liabilities | 128 280 | 0 | 25 571 285 | 24 490 657 | 1 992 425 | 1 945 632 | 54 608 767 | 0 | 31 564 | 537 754 | 477 452 | 145 140 | 72 355 | 242 324 957 | 0 | 0 |
| Total liabilities | 54 479 165 | 60 757 779 | 61 056 759 | 54 717 820 | 52 268 015 | 29 899 188 | 81 830 390 | 41 472 730 | 124 060 743 | 65 971 987 | 78 470 939 | 306 409 013 | 295 475 752 | 254 933 915 | 4 368 408 | 15 418 642 |
| Share capital | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Retained earnings of previous periods | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Profit for the year | -23 469 931 | 1 623 993 | 1 831 526 | 3 243 919 | 377 060 | 3 687 446 | 9 673 568 | 14 784 605 | 23 998 163 | 20 003 929 | 29 099 539 | 59 081 019 | -170 025 557 | 19 650 223 | 4 245 775 | 3 207 471 |
| Total equity | 296 976 | 3 982 258 | 14 686 728 | 14 960 973 | 41 845 662 | 45 364 472 | 53 640 165 | 67 216 759 | 79 468 051 | 85 007 758 | 113 234 775 | 152 098 878 | -21 516 852 | -2 112 210 | 244 288 508 | 62 363 174 |
| Income statement | ||||||||||||||||
| Sales revenue | 68 058 920 | 107 426 529 | 129 181 399 | 145 973 158 | 228 248 862 | 257 732 562 | 286 609 654 | 396 994 804 | 723 492 677 | 705 611 505 | 719 555 851 | 1 531 033 219 | 341 846 627 | 170 910 415 | 54 456 279 | 43 299 372 |
| Operating profit | -22 554 819 | 2 471 825 | 3 922 572 | 5 358 639 | 6 072 662 | 4 291 807 | 12 210 282 | 20 763 122 | 27 164 737 | 25 163 568 | 30 813 237 | 70 036 827 | -165 411 126 | 17 808 980 | 174 350 | 113 348 |
| EBITDA | — | — | — | — | — | — | — | — | — | — | — | — | — | 19 364 016 | 1 222 247 | 949 492 |
| Profit before income tax | -25 722 527 | 1 623 993 | 2 802 774 | 3 613 919 | 1 647 677 | 4 133 744 | 11 704 253 | 20 737 876 | 26 026 353 | 24 154 451 | 30 425 982 | 65 560 166 | -169 172 906 | 19 737 559 | 4 275 536 | 3 325 529 |
| Profit for the reporting year | -23 469 931 | 1 623 993 | 1 831 526 | 3 243 919 | 377 060 | 3 687 446 | 9 673 568 | 14 784 605 | 23 998 163 | 20 003 929 | 29 099 539 | 59 081 019 | -170 025 557 | 19 650 223 | 4 245 775 | 3 207 471 |
| Labour costs | — | — | — | — | — | — | — | — | — | — | — | — | — | 3 419 986 | 2 581 592 | 2 410 263 |
| Depreciation of non-current assets | — | — | — | — | — | — | — | — | — | — | — | — | — | 1 555 036 | 1 047 897 | 836 144 |
| Other indicators | ||||||||||||||||
| Employees | 298 | 183 | 396 | 396 | 400 | 408 | 385 | 230 | 318 | 288 | 261 | 269 | 141 | 89 | 73 | 61 |
| Calculated dividend | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 14 784 605 | 14 052 822 | 0 | 22 359 627 | 0 | 0 | 0 | 0 |
A dash (—) means the report has not been filed or the line is not reported; 0 is a zero stated in the report.
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Summary: SIA Marcegaglia Baltics
Overview
SIA Marcegaglia Baltics (reg. no. 40003001968) is a limited liability company. The company was registered in 1992 and has been in the register for 33 years. Registered address: Rīga, Starta iela 13.
Financial results
Revenue in 2025 was 43 299 372 €, down 20,5% on the previous year (54 456 279 €). From 2009 to 2025, revenue declined by an average of 3,0% per year. This is the company's lowest revenue among the published years (2009–2025). Net profit for 2025 was 3 207 471 € (7,4% of revenue). The company was profitable in 14 of the 16 published years. In 2025 the company had 61 employees (73 a year earlier). Revenue per employee was 709 826 €. At the end of 2025, total assets were 77 781 816 € and equity 62 363 174 € (80,2% of assets).
Management and owners
The company has one board member. The sole owner of the company is MARCEGAGLIA CARBON STEEL S.P.A..
Data sources and freshness
Register data (name, address, legal form, board and owners) and annual report figures come from the open data of the Register of Enterprises of the Republic of Latvia (CC0); entity.lv updates them daily. Data as of 03.11.2026. Changes, averages and ratios are calculated by entity.lv from open data and are not an official assessment.