SIA "SPIRE BALTIC"Active
Key figures
Ratios
2025Balance sheet structure
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 | 120 933 | 148 247 | 151 716 | 265 695 | 202 776 | 177 160 | 408 014 | 387 803 | 387 569 | 393 698 | 401 733 | 421 916 | 310 741 | 238 656 | 163 074 |
| Total non-current assets | 200 550 | 201 024 | 200 697 | 291 254 | 354 976 | 253 813 | 2071 | 1595 | 2519 | 1535 | 613 | 651 | 934 | 494 | 5117 |
| Total assets | 321 483 | 349 271 | 352 413 | 556 949 | 557 752 | 430 973 | 410 085 | 389 398 | 390 088 | 395 233 | 402 346 | 422 567 | 311 675 | 239 150 | 168 191 |
| Balance sheet — liabilities and equity | |||||||||||||||
| Current liabilities | 52 734 | 89 145 | 88 044 | 177 711 | 180 111 | 62 594 | 37 732 | 37 975 | 48 342 | 34 857 | 41 782 | 51 815 | 9055 | 9627 | 11 803 |
| Non-current liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 7807 | 6633 | 14 546 | 12 696 | 13 336 | 4040 | 0 | 0 | 0 |
| Total liabilities | 52 734 | 89 145 | 88 044 | 177 711 | 180 111 | 62 594 | 45 539 | 44 608 | 62 888 | 47 553 | 55 118 | 55 855 | 9055 | 9627 | 11 803 |
| Share capital | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Retained earnings of previous periods | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Profit for the year | 50 075 | 515 | 4150 | 1728 | -2580 | -7016 | -3833 | -19 756 | -17 590 | 20 480 | -452 | 19 484 | -64 092 | -73 097 | -73 135 |
| Total equity | 268 462 | 260 126 | 264 276 | 377 759 | 375 179 | 368 379 | 364 546 | 344 790 | 327 200 | 347 680 | 347 228 | 366 712 | 302 620 | 229 523 | 156 388 |
| Income statement | |||||||||||||||
| Sales revenue | 352 618 | 401 202 | 434 642 | 648 388 | 652 577 | 567 974 | 562 187 | 530 716 | 549 801 | 556 310 | 552 462 | 591 831 | 477 163 | 364 327 | 348 498 |
| Operating profit | 56 688 | 3287 | 3092 | -2795 | -12 071 | -8746 | 1563 | -20 397 | -17 590 | 20 496 | -451 | 19 486 | -64 092 | -73 097 | -73 135 |
| Profit before income tax | 58 213 | 515 | 4150 | 2137 | -2773 | -7016 | -3833 | -19 753 | -17 590 | 20 480 | -452 | 19 484 | -64 092 | -73 097 | -73 135 |
| Profit for the reporting year | 50 075 | 515 | 4150 | 1728 | -2580 | -7016 | -3833 | -19 756 | -17 590 | 20 480 | -452 | 19 484 | -64 092 | -73 097 | -73 135 |
| Labour costs | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Depreciation of non-current assets | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Other indicators | |||||||||||||||
| Employees | 9 | 9 | 9 | 9 | 9 | 12 | 11 | 9 | 8 | 8 | 8 | 8 | 7 | 7 | 7 |
| Calculated dividend | 0 | 0 | 0 | 0 | 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 "SPIRE BALTIC"
Overview
SIA "SPIRE BALTIC" (reg. no. 40003407305) is a limited liability company. The company was registered in 1998 and has been in the register for 28 years. Registered address: Rīga, Krišjāņa Barona iela 15.
Financial results
Revenue in 2025 was 348 498 €, down 4,3% on the previous year (364 327 €). This is the company's lowest revenue among the published years (2011–2025). 2025 ended with a loss of 73 135 €. The company was profitable in 6 of the 15 published years. In 2025 the company had 7 employees. Revenue per employee was 49 785 €. At the end of 2025, total assets were 168 191 € and equity 156 388 € (93,0% of assets).
Management and owners
The board has 2 members. The sole owner of the company is Mid Baltic Investments Limited.
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.