Sabiedrība ar ierobežotu atbildību "BALTIC EXPRESS LV"Active
Key figures
Ratios
2025Balance sheet structure
Dividends
calculatedNo dividends were paid.
Summary of financial statements2013–2025
| 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Balance sheet — assets | |||||||||||||
| Total current assets | 932 264 | 1 667 236 | 1 814 752 | 2 258 623 | 2 678 557 | 2 917 335 | 2 845 187 | 2 767 623 | 3 415 868 | 3 596 916 | 3 061 875 | 3 967 176 | 4 244 507 |
| Total non-current assets | 212 138 | 329 597 | 456 219 | 397 169 | 492 159 | 394 784 | 338 675 | 508 694 | 480 474 | 383 134 | 1 029 735 | 828 867 | 1 042 027 |
| Total assets | 1 144 402 | 1 996 833 | 2 270 971 | 2 655 792 | 3 170 716 | 3 312 119 | 3 183 862 | 3 276 317 | 3 896 342 | 3 980 050 | 4 091 610 | 4 796 043 | 5 286 534 |
| Balance sheet — liabilities and equity | |||||||||||||
| Current liabilities | 223 940 | 274 694 | 277 040 | 328 358 | 451 418 | 576 942 | 1 871 925 | 1 155 908 | 1 458 505 | 1 422 289 | 1 175 481 | 2 200 800 | 2 011 495 |
| Non-current liabilities | 1755 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 15 000 | 0 | 0 |
| Total liabilities | 225 695 | 274 694 | 277 040 | 328 358 | 451 418 | 576 942 | 1 871 925 | 1 155 908 | 1 458 505 | 1 422 289 | 1 190 481 | 2 200 800 | 2 011 495 |
| Share capital | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Retained earnings of previous periods | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Profit for the year | 316 259 | 402 126 | 275 769 | 358 551 | 391 864 | 704 429 | 572 522 | 808 472 | 1 021 857 | 1 042 446 | 513 368 | 494 114 | 679 796 |
| Total equity | 907 323 | 1 693 131 | 1 968 883 | 2 327 434 | 2 719 298 | 2 735 177 | 1 311 937 | 2 120 409 | 2 437 837 | 2 557 761 | 2 901 129 | 2 595 243 | 3 275 039 |
| Income statement | |||||||||||||
| Sales revenue | 3 578 672 | 5 710 602 | 6 700 195 | 6 706 755 | 7 506 275 | 9 444 950 | 10 335 991 | 11 408 358 | 13 160 466 | 17 587 670 | 15 606 846 | 15 752 886 | 17 582 776 |
| Operating profit | 361 378 | 467 624 | 323 600 | 423 869 | 459 553 | 706 993 | 574 300 | 808 879 | 1 198 408 | 1 275 745 | 550 536 | 669 029 | 644 960 |
| EBITDA | 396 758 | — | — | — | — | — | — | — | — | — | — | — | — |
| Profit before income tax | 361 378 | 467 624 | 323 600 | 423 869 | 459 553 | 706 993 | 574 300 | 808 879 | 1 198 408 | 1 275 745 | 557 051 | 694 309 | 680 701 |
| Profit for the reporting year | 316 259 | 402 126 | 275 769 | 358 551 | 391 864 | 704 429 | 572 522 | 808 472 | 1 021 857 | 1 042 446 | 513 368 | 494 114 | 679 796 |
| Labour costs | 110 130 | — | — | — | — | — | — | — | — | — | — | — | — |
| Depreciation of non-current assets | 35 380 | — | — | — | — | — | — | — | — | — | — | — | — |
| Other indicators | |||||||||||||
| Employees | 16 | 20 | 20 | 23 | 25 | 30 | 30 | 37 | 37 | 45 | 45 | 45 | 47 |
| Calculated dividend | 0 | 0 | 0 | 0 | 0 | 688 550 | 1 995 762 | 0 | 704 429 | 922 522 | 170 000 | 800 000 | 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: Sabiedrība ar ierobežotu atbildību "BALTIC EXPRESS LV"
Overview
Sabiedrība ar ierobežotu atbildību "BALTIC EXPRESS LV" (reg. no. 40003686909) is a limited liability company. The company was registered in 2004 and has been in the register for 22 years. Registered address: Rīga, Dzelzavas iela 117.
Financial results
Revenue in 2025 was 17 582 776 €, up 11,6% on the previous year (15 752 886 €). From 2013 to 2025, revenue grew by an average of 14,2% per year. Net profit for 2025 was 679 796 € (3,9% of revenue). The company was profitable in all 13 published years. In 2025 the company had 47 employees (45 a year earlier). Revenue per employee was 374 102 €. At the end of 2025, total assets were 5 286 534 € and equity 3 275 039 € (62,0% 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.