Sabiedrība ar ierobežotu atbildību "GIERSCH BALTIC"Active
Key figures
Ratios
2025Balance sheet structure
Dividends
calculatedPaid out in dividends approximately 12 500 € (17% 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).
Summary of financial statements2010–2025
| 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Balance sheet — assets | ||||||||||||||||
| Total current assets | 30 840 | 29 249 | 34 192 | 31 567 | 35 840 | 37 465 | 54 430 | 48 709 | 56 273 | 79 178 | 50 226 | 129 045 | 169 474 | 135 833 | 120 363 | 96 606 |
| Total non-current assets | 1214 | 649 | 242 | 60 | 9 | 0 | 6710 | 6947 | 2690 | 2120 | 2538 | 2898 | 15 700 | 14 418 | 4027 | 2618 |
| Total assets | 32 054 | 29 898 | 34 434 | 31 627 | 35 849 | 37 465 | 61 140 | 55 656 | 58 963 | 81 298 | 52 764 | 131 943 | 185 174 | 150 251 | 124 390 | 99 224 |
| Balance sheet — liabilities and equity | ||||||||||||||||
| Current liabilities | 20 698 | 9124 | 18 525 | 14 606 | 13 608 | 12 245 | 23 318 | 22 992 | 20 836 | 51 696 | 19 386 | 61 325 | 28 114 | 58 502 | 50 126 | 20 551 |
| Non-current liabilities | 0 | 9492 | 3700 | 954 | 0 | 0 | 7098 | 4653 | 0 | 0 | 0 | 0 | 11 990 | 0 | 0 | 0 |
| Total liabilities | 20 698 | 18 616 | 22 225 | 15 560 | 13 608 | 12 245 | 30 416 | 27 645 | 20 836 | 51 696 | 19 386 | 61 325 | 40 104 | 58 502 | 50 126 | 20 551 |
| Share capital | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Retained earnings of previous periods | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Profit for the year | 8031 | -242 | 758 | 3479 | -1551 | 1899 | 8714 | -2713 | 15 616 | 7975 | 8776 | 37 240 | 89 452 | 428 | 5015 | 16 909 |
| Total equity | 11 229 | 10 987 | 11 745 | 15 224 | 20 111 | 22 010 | 30 724 | 28 011 | 38 127 | 29 602 | 33 378 | 70 618 | 145 070 | 91 749 | 74 264 | 78 673 |
| Income statement | ||||||||||||||||
| Sales revenue | 55 251 | 58 018 | 70 583 | 84 364 | 97 603 | 128 428 | 162 282 | 142 727 | 225 313 | 253 556 | 201 679 | 302 922 | 465 755 | 373 380 | 363 106 | 308 154 |
| Operating profit | 8261 | 1537 | 381 | 4019 | -1885 | 2302 | 10 714 | -1652 | 20 055 | 7357 | 8847 | 37 179 | 89 696 | 1060 | 5015 | 20 034 |
| Profit before income tax | 8031 | 915 | 788 | 3717 | -963 | 1899 | 8798 | -1353 | 15 616 | 8035 | 8856 | 37 240 | 89 452 | 428 | 5015 | 20 034 |
| Profit for the reporting year | 8031 | -242 | 758 | 3479 | -1551 | 1899 | 8714 | -2713 | 15 616 | 7975 | 8776 | 37 240 | 89 452 | 428 | 5015 | 16 909 |
| Labour costs | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Depreciation of non-current assets | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Other indicators | ||||||||||||||||
| Employees | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 2 |
| Calculated dividend | — | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 5500 | 16 500 | 5000 | 0 | 15 000 | 53 749 | 22 500 | 12 500 |
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: Sabiedrība ar ierobežotu atbildību "GIERSCH BALTIC"
Overview
Sabiedrība ar ierobežotu atbildību "GIERSCH BALTIC" (reg. no. 40003639868) is a limited liability company. The company was registered in 2003 and has been in the register for 23 years. Registered address: Rīga, Palsas iela 30.
Financial results
Revenue in 2025 was 308 154 €, down 15,1% on the previous year (363 106 €). From 2010 to 2025, revenue grew by an average of 12,1% per year. Net profit for 2025 was 16 909 € (5,5% of revenue). The company was profitable in 13 of the 16 published years. In 2025 the company had 2 employees. Revenue per employee was 154 077 €. At the end of 2025, total assets were 99 224 € and equity 78 673 € (79,3% of assets).
Management and owners
The company has one board member. The sole owner of the company is a private individual.
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.