Havas Media SIAActive

40003615516Limited liability companyFounded 2003

Key figures

13 974 174 €-8,5%
Revenue 2025
+13,1%
Average annual growth 2012–2025
05 m10 m15 m20 m’12’13’14’15’16’17’18’19’20’21’22’23’24’25

Ratios

2025
Balance sheet structure
Current assetsNon-current assetsLiabilitiesEquity
02 m4 m6 m’12’13’14’15’16’17’18’19’20’21’22’23’24’25

Dividends

calculated
2025

Paid out in dividends approximately 491 337 € (99% of equity at the end of the previous year).

Low confidence: the company does not file a cash flow statement, so the amount is an estimate from changes in equity — it may also include other reductions of equity (e.g. a share capital reduction).

History
2025 ~491 337 €
2024 ~478 165 €
2023 ~551 065 €
2022 ~170 499 €
20210 €
2020 ~52 021 €
2019 ~213 916 €
2018 ~104 495 €
20170 €
2016 ~165 564 €
201561 262 €
20146058 €
201353 401 €
20120 €
Summary of financial statements2012–2025
20122013201420152016201720182019202020212022202320242025
Balance sheet — assets
Total current assets523 449652 291913 229728 2441 123 429893 0751 827 8971 781 6531 900 9304 339 9214 093 7244 376 0434 121 6823 837 854
Total non-current assets10 5056614576942861788288359394656171911931826709152 52835 813
Total assets533 954658 905918 998732 5301 125 217895 9581 833 8361 786 3091 902 6494 341 1144 095 5504 383 1344 174 2103 873 667
Balance sheet — liabilities and equity
Current liabilities472 474607 159797 053558 2951 091 646788 6181 617 0751 731 4431 972 0954 164 7593 538 6303 899 1143 677 0183 483 856
Non-current liabilities28140000000000000
Total liabilities475 288607 159797 053558 2951 091 646788 6181 617 0751 731 4431 972 0954 164 7593 538 6303 899 1143 677 0183 483 856
Share capital——————————————
Retained earnings of previous periods——————————————
Profit for the year12 73447 313112 80451 56831 91873 769213 91652 021-72 291245 801551 064478 165491 337383 956
Total equity55 40149 313115 649167 21733 571107 340216 76154 866-69 446176 355556 920484 020497 192389 811
Income statement
Sales revenue2 810 2952 767 1124 953 2913 863 5053 888 2333 898 0036 088 1745 277 7414 872 1679 881 30014 687 69715 980 85615 274 62013 974 174
Operating profit16 81556 325133 47260 92136 95487 626213 916106 057-54 502250 051598 607618 874606 088503 195
Profit before income tax15 26855 815133 28560 92136 95487 628213 916105 500-59 192245 801595 149616 614610 974506 790
Profit for the reporting year12 73447 313112 80451 56831 91873 769213 91652 021-72 291245 801551 064478 165491 337383 956
Labour costs——————————————
Depreciation of non-current assets——————————————
Other indicators
Employees1110111311131617172026272726
Calculated dividend053 401605861 262165 5640104 495213 91652 0210170 499551 065478 165491 337

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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100%Havas Media SIABaltic Media Holding …1Kairovs Mārtiņš
CompanyPersonShareholderOther roleAdditional link

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Shared members or board members

Summary: Havas Media SIA

Overview

Havas Media SIA (reg. no. 40003615516) is a limited liability company. The company was registered in 2003 and has been in the register for 23 years. Registered address: Rīga, Krišjāņa Barona iela 36 - 33.

Financial results

Revenue in 2025 was 13 974 174 €, down 8,5% on the previous year (15 274 620 €). From 2012 to 2025, revenue grew by an average of 13,1% per year. Net profit for 2025 was 383 956 € (2,7% of revenue). The company was profitable in 13 of the 14 published years. In 2025 the company had 26 employees (27 a year earlier). Revenue per employee was 537 468 €. At the end of 2025, total assets were 3 873 667 € and equity 389 811 € (10,1% of assets).

Management and owners

The company has one board member. The sole owner of the company is Baltic Media Holding OÜ.

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.