"FRIGO BALTIC" SIAActive
Key figures
Ratios
2025Balance sheet structure
Dividends
calculatedNo dividends were paid.
Summary of financial statements2009–2025
| 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Balance sheet — assets | |||||||||||||||||
| Total current assets | 1310 | 884 | 49 193 | 309 502 | 244 595 | 486 964 | 410 659 | 361 537 | 285 092 | 208 123 | 286 080 | 247 461 | 221 295 | 304 532 | 500 949 | 243 952 | 188 255 |
| Total non-current assets | 482 500 | 457 000 | 427 274 | 731 638 | 1 143 576 | 1 545 725 | 1 455 138 | 1 335 843 | 1 189 098 | 1 141 744 | 2 364 894 | 2 532 997 | 2 417 088 | 2 311 024 | 2 853 469 | 2 743 243 | 2 585 517 |
| Total assets | 483 810 | 457 884 | 476 467 | 1 041 140 | 1 388 171 | 2 032 689 | 1 865 797 | 1 697 380 | 1 474 190 | 1 349 867 | 2 650 974 | 2 780 458 | 2 638 383 | 2 615 556 | 3 354 418 | 2 987 195 | 2 773 772 |
| Balance sheet — liabilities and equity | |||||||||||||||||
| Current liabilities | 107 452 | 132 542 | 516 485 | 285 708 | 179 448 | 272 223 | 307 743 | 261 441 | 184 414 | 127 590 | 128 480 | 239 641 | 99 005 | 98 319 | 199 207 | 141 721 | 353 907 |
| Non-current liabilities | 367 424 | 367 424 | 0 | 17 882 | 372 144 | 369 439 | 225 703 | 105 798 | 3433 | 35 698 | 578 254 | 502 471 | 565 473 | 529 657 | 443 402 | 265 902 | 0 |
| Total liabilities | 474 876 | 499 966 | 516 485 | 303 590 | 551 592 | 641 662 | 533 446 | 367 239 | 187 847 | 163 288 | 706 734 | 742 112 | 664 478 | 627 976 | 642 609 | 407 623 | 353 907 |
| Share capital | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Retained earnings of previous periods | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Profit for the year | -43 718 | -51 017 | 2064 | 605 940 | 107 783 | 209 300 | 55 255 | 3375 | 3354 | 7436 | 162 318 | 94 106 | -64 441 | 13 675 | 171 305 | -132 237 | -159 707 |
| Total equity | 8934 | -42 082 | -40 018 | 730 922 | 819 955 | 1 375 991 | 1 311 230 | 1 330 141 | 1 286 343 | 1 186 579 | 1 944 240 | 2 038 346 | 1 973 905 | 1 987 580 | 2 711 809 | 2 579 572 | 2 419 865 |
| Income statement | |||||||||||||||||
| Sales revenue | 49 587 | 49 587 | 71 089 | 1 039 615 | 1 069 536 | 1 740 456 | 1 546 193 | 1 281 556 | 1 277 902 | 1 165 427 | 1 531 276 | 1 400 789 | 1 119 025 | 1 507 753 | 2 494 857 | 2 504 531 | 953 817 |
| Operating profit | -13 425 | -19 904 | 18 065 | 740 393 | 136 380 | 290 739 | 102 546 | 21 612 | 30 534 | 17 368 | 164 542 | 98 315 | -55 521 | 21 239 | 176 214 | -218 462 | -175 940 |
| Profit before income tax | -40 363 | -44 545 | 8517 | 741 037 | 136 194 | 264 389 | 84 364 | 10 409 | 21 779 | 14 235 | 163 170 | 94 602 | -61 217 | 15 685 | 172 273 | -129 826 | -157 229 |
| Profit for the reporting year | -43 718 | -51 017 | 2064 | 605 940 | 107 783 | 209 300 | 55 255 | 3375 | 3354 | 7436 | 162 318 | 94 106 | -64 441 | 13 675 | 171 305 | -132 237 | -159 707 |
| Labour costs | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Depreciation of non-current assets | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Other indicators | |||||||||||||||||
| Employees | 1 | 1 | 1 | 27 | 32 | 27 | 30 | 30 | 30 | 32 | 34 | 33 | 34 | 32 | 32 | 32 | 28 |
| Calculated dividend | — | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 47 152 | 107 200 | 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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Related companies
- SIA "ARROW LOGISTICS & SERVICES" — 100%
- SIA "Container Park" — 100%
Summary: "FRIGO BALTIC" SIA
Overview
"FRIGO BALTIC" SIA (reg. no. 40003735180) is a limited liability company. The company was registered in 2005 and has been in the register for 21 years. Registered address: Rīga, Uriekstes iela 18B.
Financial results
Revenue in 2025 was 953 817 €, down 61,9% on the previous year (2 504 531 €). From 2009 to 2025, revenue grew by an average of 20,3% per year. 2025 ended with a loss of 159 707 €. The company was profitable in 12 of the 17 published years. In 2025 the company had 28 employees (32 a year earlier). Revenue per employee was 34 065 €. At the end of 2025, total assets were 2 773 772 € and equity 2 419 865 € (87,2% of assets).
Management and owners
The company has one board member. According to the register, the company has 4 owners. The largest stake (25%) is held by a private individual. The company holds stakes in 2 active Latvian companies.
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.