Akciju sabiedrība BAOActive

40003320069Joint-stock companyFounded 1996

Key figures

15 758 907 €+24,3%
Revenue 2025
+17,0%
Average annual growth 2010–2025
05 m10 m15 m20 m’10’11’12’13’14’15’16’17’18’19’20’21’22’23’24’25

Ratios

2025
Balance sheet structure
Current assetsNon-current assetsLiabilitiesEquity
010 m20 m’10’11’12’13’14’15’16’17’18’19’20’21’22’23’24’25

Dividends

from the report
2025

Dividends paid 483 000 € (4% of equity at the end of the previous year).

History
2025483 000 €
20242 108 055 €
2023400 000 €
2022400 000 €
2021400 000 €
2020500 000 €
2019531 846 €
2018 ~100 000 €
20170 €
2016 ~289 825 €
201515 000 €
201457 114 €
20135000 €
201215 000 €
20110 €
20100 €
Summary of financial statements2010–2025
2010201120122013201420152016201720182019202020212022202320242025
Balance sheet — assets
Total current assets383 046506 809608 972825 8541 451 4262 293 5231 968 1011 895 3342 792 8764 413 3605 891 2926 245 9674 647 9824 927 0576 290 4089 110 786
Total non-current assets756 233696 708797 870809 3841 272 5821 507 5271 512 9311 768 6712 925 1743 497 7113 999 7454 048 7005 961 5625 851 8277 673 5348 787 726
Total assets1 139 2791 203 5171 406 8421 635 2382 724 0083 801 0503 481 0323 664 0055 718 0507 911 0719 891 03710 294 66710 609 54410 778 88413 963 94217 898 512
Balance sheet — liabilities and equity
Current liabilities338 707331 812373 351414 088802 3511 088 424858 381854 204993 0262 621 5982 338 9271 861 7351 536 0891 177 061604 819740 185
Non-current liabilities206 865147 254187 866196 828337 690307 670323 795321 618524 599282 983150 43375 74123 63819 4661 515 2941 500 000
Total liabilities545 572479 066561 217610 9161 140 0411 396 0941 182 1761 175 8221 517 6252 904 5812 489 3601 937 4761 559 7271 196 5272 120 1132 240 185
Share capital————————————————
Retained earnings of previous periods————————————————
Profit for the year52 828174 625165 446220 376189 887835 235247 687189 3271 812 2423 124 5282 395 187955 514692 626532 5414 129 8204 297 498
Total equity574 792721 764832 9241 002 1801 556 4202 340 9942 298 8562 488 1834 200 4255 006 4907 401 6778 357 1919 049 8179 582 35711 843 82915 658 327
Income statement
Sales revenue1 488 3171 719 8112 242 7932 377 7053 289 9735 403 8952 581 6693 313 1857 542 1499 118 3719 417 1769 153 32710 064 31611 035 74312 674 06415 758 907
Operating profit70 711182 825179 830267 174192 540945 705248 722198 3251 836 6643 121 1032 317 2661 003 472733 664590 8422 292 6774 070 860
Profit before income tax58 708185 815193 254257 808199 263956 235281 352219 5311 822 2303 129 8012 403 475996 373714 134573 8774 166 1324 361 535
Profit for the reporting year52 828174 625165 446220 376189 887835 235247 687189 3271 812 2423 124 5282 395 187955 514692 626532 5414 129 8204 297 498
Labour costs————————————————
Depreciation of non-current assets————————————————
Other indicators
Employees45454545566052495665676867686874
Calculated dividend0015 000500057 11415 000289 8250100 000531 846500 000400 000400 000400 0002 108 055483 000

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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83,34%49%47,5%45%36%26,99%Akciju sabiedrība BAO2Kalniņš MārisBAO Minerals SIASabiedrība ar ierobež…SIA "BAO Resources"SIA "Zaļā josta"SIA "Wingo Deposit"Sabiedrība ar ierobež…
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Summary: Akciju sabiedrība BAO

Overview

Akciju sabiedrība BAO (reg. no. 40003320069) is a joint-stock company. The company was registered in 1996 and has been in the register for 29 years. Registered address: Olaines nov., Olaine, Celtnieku iela 3A.

Financial results

Revenue in 2025 was 15 758 907 €, up 24,3% on the previous year (12 674 064 €). From 2010 to 2025, revenue grew by an average of 17,0% per year. This is the company's highest revenue among the published years (2010–2025). Net profit for 2025 was 4 297 498 € (27,3% of revenue). The company was profitable in all 16 published years. In 2025 the company had 74 employees (68 a year earlier). Revenue per employee was 212 958 €. At the end of 2025, total assets were 17 898 512 € and equity 15 658 327 € (87,5% of assets).

Management and owners

The company has one board member. The company holds stakes in 6 active Latvian companies.

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.