SIA "Ring Baltic"Active
Key figures
Ratios
2025Balance sheet structure
Dividends
calculatedNo 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 | 761 471 | 997 611 | 1 002 162 | 1 025 051 | 930 487 | 1 119 376 | 1 035 422 | 950 195 | 1 131 152 | 1 113 180 | 1 628 118 | 1 144 649 | 617 004 | 483 480 | 197 599 |
| Total non-current assets | 26 624 | 14 347 | 29 261 | 60 502 | 48 545 | 83 645 | 66 894 | 58 330 | 56 111 | 47 876 | 38 128 | 26 951 | 26 940 | 44 888 | 4885 |
| Total assets | 788 095 | 1 011 958 | 1 031 423 | 1 085 553 | 979 032 | 1 203 021 | 1 102 316 | 1 008 525 | 1 187 263 | 1 161 056 | 1 666 246 | 1 171 600 | 643 944 | 528 368 | 202 484 |
| Balance sheet — liabilities and equity | |||||||||||||||
| Current liabilities | 551 054 | 717 120 | 748 949 | 526 193 | 545 415 | 642 782 | 269 664 | 380 158 | 472 972 | 575 978 | 300 801 | 85 565 | 342 234 | 536 786 | 448 729 |
| Non-current liabilities | 0 | 0 | 0 | 199 714 | 99 011 | 0 | 251 992 | 152 633 | 50 520 | 0 | 0 | 0 | 133 333 | 0 | 0 |
| Total liabilities | 551 054 | 717 120 | 748 949 | 725 907 | 644 426 | 642 782 | 521 656 | 532 791 | 523 492 | 575 978 | 300 801 | 85 565 | 475 567 | 536 786 | 448 729 |
| Share capital | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Retained earnings of previous periods | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Profit for the year | 163 028 | 56 843 | -13 359 | -41 074 | -24 095 | 227 523 | 20 421 | -93 387 | 188 037 | -78 693 | 780 367 | 251 165 | -297 234 | -176 795 | -237 827 |
| Total equity | 236 151 | 292 994 | 279 635 | 356 811 | 332 716 | 560 239 | 580 660 | 475 734 | 663 771 | 585 078 | 1 365 445 | 1 086 035 | 168 377 | -8418 | -246 245 |
| Income statement | |||||||||||||||
| Sales revenue | 3 197 500 | 3 070 452 | 3 193 522 | 3 992 305 | 4 545 271 | 3 852 437 | 4 406 114 | 3 566 866 | 3 447 454 | 2 716 885 | 3 268 690 | 1 907 829 | 993 859 | 227 210 | 402 650 |
| Operating profit | 183 405 | 83 398 | -2662 | -29 346 | -15 741 | 259 688 | 36 967 | -60 093 | 194 498 | -74 335 | 785 441 | 272 641 | -285 708 | -152 681 | -233 077 |
| Profit before income tax | 168 746 | 70 651 | -13 359 | -41 074 | -24 095 | 254 831 | 30 590 | -68 705 | 188 641 | -77 458 | 785 072 | 272 641 | -292 887 | -176 354 | -237 693 |
| Profit for the reporting year | 163 028 | 56 843 | -13 359 | -41 074 | -24 095 | 227 523 | 20 421 | -93 387 | 188 037 | -78 693 | 780 367 | 251 165 | -297 234 | -176 795 | -237 827 |
| Labour costs | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Depreciation of non-current assets | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Other indicators | |||||||||||||||
| Employees | 16 | 18 | 20 | 21 | 22 | 21 | 20 | 20 | 20 | 20 | 19 | 15 | 12 | 8 | 7 |
| Calculated dividend | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 11 539 | 0 | 0 | 0 | 530 575 | 620 424 | 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 "Ring Baltic"
Overview
SIA "Ring Baltic" (reg. no. 40003622715) is a limited liability company. The company was registered in 2003 and has been in the register for 23 years. Registered address: Ogres nov., Ogre, Akmeņu iela 45.
Financial results
Revenue in 2025 was 402 650 €, up 77,2% on the previous year (227 210 €). From 2011 to 2025, revenue declined by an average of 13,8% per year. 2025 ended with a loss of 237 827 €. The company was profitable in 7 of the 15 published years. In 2025 the company had 7 employees (8 a year earlier). Revenue per employee was 57 521 €.
Management and owners
The board has 2 members. According to the register, the company has 2 owners. The largest stake (50%) is held by a private individual.
Points to note
Equity was negative at the end of 2025 (-246 245 €).
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.