SIA "AD BALTIC"Active
Key figures
Ratios
2025Balance sheet structure
Dividends
from the reportNo dividends were paid.
Summary of financial statements2016–2025
| 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Balance sheet — assets | ||||||||||
| Total current assets | 3 509 671 | 3 992 990 | 4 345 421 | 5 631 980 | 5 726 162 | 6 912 312 | 8 219 973 | 8 100 779 | 8 336 500 | 7 547 424 |
| Total non-current assets | 980 868 | 1 043 603 | 1 321 251 | 1 349 087 | 1 625 670 | 717 558 | 636 973 | 592 863 | 566 695 | 629 053 |
| Total assets | 4 490 539 | 5 036 593 | 5 666 672 | 6 981 067 | 7 351 832 | 7 629 870 | 8 856 946 | 8 693 642 | 8 903 195 | 8 176 477 |
| Balance sheet — liabilities and equity | ||||||||||
| Current liabilities | 1 962 755 | 747 750 | 1 998 695 | 3 131 036 | 3 139 469 | 3 198 345 | 3 587 234 | 4 619 515 | 4 138 738 | 3 018 815 |
| Non-current liabilities | 5700 | 1 307 831 | 4767 | 15 804 | 96 600 | 60 153 | 26 487 | 30 566 | 9651 | 0 |
| Total liabilities | 1 968 455 | 2 055 581 | 2 003 462 | 3 146 840 | 3 236 069 | 3 258 498 | 3 613 721 | 4 650 081 | 4 148 389 | 3 018 815 |
| Share capital | — | — | — | — | — | — | — | — | — | — |
| Retained earnings of previous periods | — | — | — | — | — | — | — | — | — | — |
| Profit for the year | 33 464 | 351 314 | 344 313 | 171 017 | 181 121 | 775 840 | 871 853 | 795 886 | 711 245 | 402 856 |
| Total equity | 2 521 531 | 2 981 012 | 3 663 210 | 3 834 227 | 4 115 763 | 4 371 372 | 5 243 225 | 4 043 561 | 4 754 806 | 5 157 662 |
| Income statement | ||||||||||
| Sales revenue | 11 614 521 | 12 374 626 | 13 019 646 | 14 905 503 | 15 613 558 | 19 620 269 | 21 467 741 | 22 927 645 | 23 110 975 | 22 551 334 |
| Operating profit | 77 864 | 455 255 | 348 074 | 171 257 | 188 558 | 782 488 | 875 435 | 798 946 | 712 208 | 403 139 |
| Profit before income tax | 52 009 | 429 474 | 344 555 | 171 017 | 184 391 | 777 352 | 872 245 | 795 886 | 711 425 | 403 139 |
| Profit for the reporting year | 33 464 | 351 314 | 344 313 | 171 017 | 181 121 | 775 840 | 871 853 | 795 886 | 711 245 | 402 856 |
| Labour costs | — | — | — | — | — | — | — | — | — | — |
| Depreciation of non-current assets | — | — | — | — | — | — | — | — | — | — |
| Other indicators | ||||||||||
| Employees | 68 | 72 | 68 | 71 | 88 | 123 | 119 | 119 | 119 | 126 |
| Calculated dividend | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1 995 550 | 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.
Connections graph
Click a node to see its other connections.
Related companies
- SIA Capital RE LV — 2 shared people
Summary: SIA "AD BALTIC"
Overview
SIA "AD BALTIC" (reg. no. 40003343254) is a limited liability company. The company was registered in 1997 and has been in the register for 29 years. Registered address: Rīga, Kārļa Ulmaņa gatve 1A.
Financial results
Revenue in 2025 was 22 551 334 €, down 2,4% on the previous year (23 110 975 €). From 2016 to 2025, revenue grew by an average of 7,7% per year. Net profit for 2025 was 402 856 € (1,8% of revenue). The company was profitable in all 10 published years. In 2025 the company had 126 employees (119 a year earlier). Revenue per employee was 178 979 €. At the end of 2025, total assets were 8 176 477 € and equity 5 157 662 € (63,1% of assets).
Management and owners
The board has 3 members. The sole owner of the company is UAB "AD Baltic".
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.