SIA "Baltic Sales Network"Active
Key figures
Ratios
2025Balance sheet structure
Dividends
from the reportNo dividends were paid.
Summary of financial statements2011–2025
| 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Balance sheet — assets | |||||||||||||||
| Total current assets | 3 973 726 | 5 757 582 | 9 069 949 | 7 883 899 | 9 332 719 | 14 617 096 | 14 089 705 | 13 569 821 | 16 489 267 | 16 441 595 | 19 063 767 | 22 289 728 | 22 003 312 | 25 842 725 | 28 899 427 |
| Total non-current assets | 5238 | 862 235 | 859 456 | 1 204 883 | 1 140 079 | 1 050 556 | 3954 | 1824 | 407 | 10 | 0 | 0 | 0 | 0 | 953 |
| Total assets | 3 978 964 | 6 619 817 | 9 929 405 | 9 088 782 | 10 472 798 | 15 667 652 | 14 093 659 | 13 571 645 | 16 489 674 | 16 441 605 | 19 063 767 | 22 289 728 | 22 003 312 | 25 842 725 | 28 900 380 |
| Balance sheet — liabilities and equity | |||||||||||||||
| Current liabilities | 3 965 990 | 5 147 094 | 8 540 892 | 7 392 782 | 8 221 389 | 7 793 035 | 10 404 975 | 10 342 747 | 12 372 421 | 11 600 460 | 13 259 283 | 15 575 183 | 14 123 554 | 16 791 843 | 19 377 104 |
| Non-current liabilities | 0 | 0 | 0 | 0 | 0 | 5 120 000 | 1 300 000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total liabilities | 3 965 990 | 5 147 094 | 8 540 892 | 7 392 782 | 8 221 389 | 12 913 035 | 11 704 975 | 10 342 747 | 12 372 421 | 11 600 460 | 13 259 283 | 15 575 183 | 14 123 554 | 16 791 843 | 19 377 104 |
| Share capital | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Retained earnings of previous periods | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Profit for the year | -344 664 | 1 459 401 | 533 896 | 474 704 | 554 209 | 510 930 | -365 933 | 840 214 | 888 355 | 723 892 | 963 339 | 910 061 | 1 165 213 | 1 171 124 | 472 394 |
| Total equity | 12 745 | 1 472 146 | 1 387 644 | 1 689 478 | 2 243 687 | 2 754 617 | 2 388 684 | 3 228 898 | 4 117 253 | 4 841 145 | 5 804 484 | 6 714 545 | 7 879 758 | 9 050 882 | 9 523 276 |
| Income statement | |||||||||||||||
| Sales revenue | 36 013 853 | 44 586 562 | 50 347 199 | 72 890 903 | 80 127 845 | 82 731 767 | 91 838 605 | 102 708 527 | 109 934 820 | 119 367 123 | 132 349 664 | 146 449 339 | 149 736 794 | 161 741 666 | 168 965 041 |
| Operating profit | -236 606 | 618 355 | 535 242 | 478 895 | 617 123 | 634 327 | 796 267 | 912 989 | 919 583 | 767 503 | 991 353 | 929 149 | 1 184 439 | 1 190 942 | 493 113 |
| Profit before income tax | -344 664 | 618 398 | 533 896 | 472 217 | 617 123 | 601 152 | 706 554 | 840 214 | 888 355 | 723 892 | 963 339 | 910 061 | 1 165 213 | 1 171 124 | 472 394 |
| Profit for the reporting year | -344 664 | 1 459 401 | 533 896 | 474 704 | 554 209 | 510 930 | -365 933 | 840 214 | 888 355 | 723 892 | 963 339 | 910 061 | 1 165 213 | 1 171 124 | 472 394 |
| Labour costs | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Depreciation of non-current assets | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Other indicators | |||||||||||||||
| Employees | 6 | 2 | 2 | 14 | 14 | 15 | 15 | 16 | 16 | 10 | 9 | 8 | 10 | 12 | 11 |
| Calculated dividend | 0 | 0 | 618 398 | 759 666 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 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 "Baltic Sales Network"
Overview
SIA "Baltic Sales Network" (reg. no. 40003398873) is a limited liability company. The company was registered in 1998 and has been in the register for 28 years. Registered address: Ķekavas nov., Ķekavas pag., Rāmava, Liepu aleja 4.
Financial results
Revenue in 2025 was 168 965 041 €, up 4,5% on the previous year (161 741 666 €). From 2011 to 2025, revenue grew by an average of 11,7% per year. This is the company's highest revenue among the published years (2011–2025). Net profit for 2025 was 472 394 € (0,3% of revenue). The company was profitable in 13 of the 15 published years. In 2025 the company had 11 employees (12 a year earlier). Revenue per employee was 15 360 458 €. At the end of 2025, total assets were 28 900 380 € and equity 9 523 276 € (33,0% of assets).
Management and owners
The company has one board member. The sole owner of the company is "Sanitex" SIA.
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.