SIA "BALTIC BAGS"Active

40003881000Limited liability companyFounded 2006

Key figures

421 935 €+8,8%
Revenue 2025
+20,1%
Average annual growth 2010–2025
0200 k400 k600 k’10’11’12’13’14’15’16’17’18’19’20’21’22’23’24’25

Ratios

2025
Balance sheet structure
Current assetsNon-current assetsLiabilitiesEquity
0100 k200 k’10’11’12’13’14’15’16’17’18’19’20’21’22’23’24’25

Dividends

calculated
2025

Paid out in dividends approximately 6000 € (6% 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).

History
2025 ~6000 €
2024 ~6000 €
2023 ~5999 €
2022 ~6000 €
20210 €
20200 €
2019 ~24 270 €
20180 €
20170 €
20160 €
20150 €
20140 €
20130 €
20120 €
20110 €
20100 €
Summary of financial statements2010–2025
20212022202320242025
Sales revenue443 266552 958449 777387 635421 935
Profit for the reporting year678411 59517 53012 42615 633
Retained earnings of previous periods—————
Total assets150 439171 285143 485151 322172 898
Total liabilities69 21084 46145 13046 54158 484
Total equity81 22986 82498 355104 781114 414
Employees21111
Calculated dividend06000599960006000

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
100%SIA "BALTIC BAGS"Ivanovs Grigorijs
CompanyPersonShareholderOther roleAdditional link

Summary: SIA "BALTIC BAGS"

Overview

SIA "BALTIC BAGS" (reg. no. 40003881000) is a limited liability company. The company was registered in 2006 and has been in the register for 19 years. Registered address: Rīga, Bruknas iela 14 - 117.

Financial results

Revenue in 2025 was 421 935 €, up 8,8% on the previous year (387 635 €). From 2010 to 2025, revenue grew by an average of 20,1% per year. Net profit for 2025 was 15 633 € (3,7% of revenue). The company was profitable in 14 of the 16 published years. In 2025 the company had 1 employees. Revenue per employee was 421 935 €. At the end of 2025, total assets were 172 898 € and equity 114 414 € (66,2% 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.