SIA "BALKORS"Active

40003767222Limited liability companyFounded 2005

Key figures

44 140 €+65,8%
Revenue 2024
+11,0%
Average annual growth 2008–2024
020 k40 k60 k’08’09’10’11’12’13’14’15’16’17’18’19’20’21’22’23’24

Ratios

2024
Balance sheet structure
Current assetsNon-current assetsLiabilitiesEquity
050 k100 k150 k’08’09’10’11’12’13’14’15’16’17’18’19’20’21’22’23’24
Summary of financial statements2008–2024
20082009201020112012201320142015201620172018201920202021202220232024
Balance sheet — assets
Total current assets41827080411635222323362137923133263616351589372114 693920424127014 482
Total non-current assets2946215214791346466245011 97298627750759017 19615 10013 00410 90988136717
Total assets712892325595486827893866379215 10512 4989385917920 91729 79322 20810 93310 08321 199
Balance sheet — liabilities and equity
Current liabilities420290186443440619911098561740123028534995716329 33030 60330 35931 40844 982
Non-current liabilities12900000017 92044 31960 99366 75199 36695 36696 651100 15478 94455 604
Total liabilities43319018644344061991109856118 66045 54963 84671 746106 529124 696127 254130 513110 352100 586
Share capital—————————————————
Retained earnings of previous periods—————————————————
Profit for the year216-2169-106215643361970-708-6786-29 496-21 404-8106-23 045-9291-10 143-14 53419 31120 882
Total equity2543-40-110246279827683231-3555-33 051-54 461-62 567-85 612-94 903-105 046-119 580-100 269-79 387
Income statement
Sales revenue834818 70414 5706880592893530000254080031 8575186026 63044 140
Operating profit373-1747-106217605552384-658-6736-29 496-21 404-8106-22 707-9092-10 143-14 53419 31120 882
Profit before income tax279-1853-106217605552384-658-6736-29 496-21 404-8106-23 045-9291-10 143-14 53419 31120 882
Profit for the reporting year216-2169-106215643361970-708-6786-29 496-21 404-8106-23 045-9291-10 143-14 53419 31120 882
Labour costs—————————————————
Depreciation of non-current assets—————————————————
Other indicators
Employees22322210122112221
Calculated dividend00000000000000000

A dash (—) means the report has not been filed or the line is not reported; 0 is a zero stated in the report.

Connections graph
50%50%SIA "BALKORS"Mashnin SiarheiMashnin Heorhi
CompanyPersonShareholderOther roleAdditional link

Summary: SIA "BALKORS"

Overview

SIA "BALKORS" (reg. no. 40003767222) is a limited liability company. The company was registered in 2005 and has been in the register for 21 years. Registered address: Rīga, Brīvības gatve 204B.

Financial results

Revenue in 2024 was 44 140 €, up 65,8% on the previous year (26 630 €). From 2008 to 2024, revenue grew by an average of 11,0% per year. This is the company's highest revenue among the published years (2008–2024). Net profit for 2024 was 20 882 € (47,3% of revenue). The company was profitable in 6 of the 17 published years. In 2024 the company had 1 employees (2 a year earlier). Revenue per employee was 44 140 €.

Management and owners

The company has one board member. 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 2024 (-79 387 €).

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.