SIA "IFAB BALTIC"Active
Key figures
Ratios
2025Balance sheet structure
Dividends
calculatedNo dividends were paid.
Summary of financial statements2012–2025
| 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Balance sheet — assets | ||||||||||||||
| Total current assets | 211 309 | 180 214 | 248 909 | 244 368 | 232 070 | 246 107 | 286 311 | 282 889 | 298 253 | 336 677 | 372 909 | 414 486 | 384 910 | 404 224 |
| Total non-current assets | 588 | 768 | 1289 | 1396 | 1680 | 1796 | 1234 | 1784 | 1130 | 765 | 1521 | 1792 | 1253 | 1581 |
| Total assets | 211 897 | 180 982 | 250 198 | 245 764 | 233 750 | 247 903 | 287 545 | 284 673 | 299 383 | 337 442 | 374 430 | 416 278 | 386 163 | 405 805 |
| Balance sheet — liabilities and equity | ||||||||||||||
| Current liabilities | 1984 | 7914 | 4888 | 3072 | 13 599 | 8441 | 18 423 | 2165 | 3450 | 5796 | 9432 | 142 347 | 56 111 | 7505 |
| Non-current liabilities | 97 017 | 52 449 | 54 310 | 44 507 | 10 933 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total liabilities | 99 001 | 60 363 | 59 198 | 47 579 | 24 532 | 8441 | 18 423 | 2165 | 3450 | 5796 | 9432 | 142 347 | 56 111 | 7505 |
| Share capital | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Retained earnings of previous periods | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Profit for the year | 7576 | 7723 | 19 374 | 7256 | 11 033 | 30 244 | 29 660 | 13 385 | 33 425 | 35 712 | 33 352 | 43 933 | 56 122 | 68 248 |
| Total equity | 112 896 | 120 619 | 191 000 | 198 185 | 209 218 | 239 462 | 269 122 | 282 508 | 295 933 | 331 646 | 364 998 | 273 931 | 330 052 | 398 300 |
| Income statement | ||||||||||||||
| Sales revenue | 233 430 | 183 207 | 347 588 | 232 043 | 254 758 | 378 235 | 478 170 | 314 984 | 359 439 | 348 065 | 337 638 | 368 301 | 417 301 | 455 859 |
| Operating profit | 8767 | 9148 | 21 194 | 8675 | 13 035 | 30 244 | 29 796 | 13 371 | 32 917 | 35 712 | 33 352 | 43 933 | 56 122 | 68 248 |
| EBITDA | 8958 | 9655 | 21 852 | 9279 | 13 035 | 30 244 | 29 796 | — | — | — | — | — | — | — |
| Profit before income tax | 9110 | 9148 | 22 971 | 8675 | 13 035 | 30 244 | 29 796 | 13 466 | 33 521 | 35 712 | 33 352 | 43 933 | 56 122 | 68 248 |
| Profit for the reporting year | 7576 | 7723 | 19 374 | 7256 | 11 033 | 30 244 | 29 660 | 13 385 | 33 425 | 35 712 | 33 352 | 43 933 | 56 122 | 68 248 |
| Labour costs | 13 250 | 15 460 | 21 874 | 23 177 | 23 189 | 26 493 | 29 485 | — | — | — | — | — | — | — |
| Depreciation of non-current assets | 191 | 507 | 658 | 604 | 0 | 0 | 0 | — | — | — | — | — | — | — |
| Other indicators | ||||||||||||||
| Employees | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 1 | 1 | 1 | 1 | 1 | 1 | 1 |
| Calculated dividend | — | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 20 000 | 0 | 0 | 135 000 | 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 "IFAB BALTIC"
Overview
SIA "IFAB BALTIC" (reg. no. 40003233876) is a limited liability company. The company was registered in 1994 and has been in the register for 31 years. Registered address: Mārupes nov., Mārupe, Daugavas iela 38.
Financial results
Revenue in 2025 was 455 859 €, up 9,2% on the previous year (417 301 €). From 2012 to 2025, revenue grew by an average of 5,3% per year. Net profit for 2025 was 68 248 € (15,0% of revenue). The company was profitable in all 14 published years. In 2025 the company had 1 employees. Revenue per employee was 455 859 €. At the end of 2025, total assets were 405 805 € and equity 398 300 € (98,2% of assets).
Management and owners
The company has one board member. The sole owner of the company is SKANDINAVISKA IFAB FILTERING AB.
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.