Sabiedrība ar ierobežotu atbildību BALTIC FLAGSActive
Key figures
Ratios
2025Balance sheet structure
Summary of financial statements2008–2025
| 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Balance sheet — assets | ||||||||||||||||||
| Total current assets | 27 891 | 21 715 | 44 784 | 16 654 | 21 838 | 24 057 | 34 201 | 36 119 | 35 197 | 48 362 | 77 636 | 27 270 | 26 045 | 10 423 | 11 191 | 4485 | 7267 | 8065 |
| Total non-current assets | 14 439 | 6308 | 4396 | 2842 | 781 | 849 | 49 320 | 41 747 | 29 898 | 5626 | 10 736 | 16 964 | 18 161 | 20 722 | 16 010 | 11 135 | 6150 | 3839 |
| Total assets | 42 330 | 28 023 | 49 180 | 19 496 | 22 619 | 24 906 | 83 521 | 77 866 | 65 095 | 53 988 | 88 372 | 44 234 | 44 206 | 31 145 | 27 201 | 15 620 | 13 417 | 11 904 |
| Balance sheet — liabilities and equity | ||||||||||||||||||
| Current liabilities | 57 185 | 30 148 | 60 745 | 37 962 | 34 866 | 24 572 | 59 281 | 37 274 | 30 982 | 40 368 | 57 933 | 24 384 | 28 750 | 26 252 | 43 012 | 51 923 | 74 040 | 92 807 |
| Non-current liabilities | 9662 | 3402 | 2000 | 0 | 0 | 0 | 21 255 | 15 917 | 10 304 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total liabilities | 66 847 | 33 550 | 62 745 | 37 962 | 34 866 | 24 572 | 80 536 | 53 191 | 41 286 | 40 368 | 57 933 | 24 384 | 28 750 | 26 252 | 43 012 | 51 923 | 74 040 | 92 807 |
| Share capital | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Retained earnings of previous periods | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Profit for the year | -26 562 | 15 766 | -8038 | -4901 | 6219 | 12 581 | 2556 | 21 690 | -866 | -10 189 | 16 819 | -10 589 | -4394 | -10 563 | -20 704 | -20 492 | -24 320 | -20 280 |
| Total equity | -24 517 | -5527 | -13 565 | -18 466 | -12 247 | 334 | 2985 | 24 675 | 23 809 | 13 620 | 30 439 | 19 850 | 15 456 | 4893 | -15 811 | -36 303 | -60 623 | -80 903 |
| Income statement | ||||||||||||||||||
| Sales revenue | 100 184 | 52 019 | 64 565 | 48 515 | 68 009 | 57 435 | 101 793 | 128 025 | 120 853 | 125 274 | 139 010 | 75 811 | 80 017 | 84 818 | 47 813 | 48 743 | 42 474 | 38 279 |
| Operating profit | -24 456 | 17 795 | -6511 | -4258 | 6475 | 12 736 | 3046 | 24 057 | 824 | -9754 | 16 819 | -10 589 | -4394 | -10 563 | -20 704 | -20 492 | -24 320 | -20 280 |
| Profit before income tax | -26 562 | 15 766 | -8038 | -4901 | 6219 | 12 581 | 2556 | 22 792 | -182 | -10 189 | 16 819 | -10 589 | -4394 | -10 563 | -20 704 | -20 492 | -24 320 | -20 280 |
| Profit for the reporting year | -26 562 | 15 766 | -8038 | -4901 | 6219 | 12 581 | 2556 | 21 690 | -866 | -10 189 | 16 819 | -10 589 | -4394 | -10 563 | -20 704 | -20 492 | -24 320 | -20 280 |
| Labour costs | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Depreciation of non-current assets | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Other indicators | ||||||||||||||||||
| Employees | 5 | 5 | 3 | 2 | 2 | 2 | 3 | 6 | 6 | 3 | 2 | 3 | 3 | 2 | 2 | 2 | 2 | 1 |
| Calculated dividend | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 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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Summary: Sabiedrība ar ierobežotu atbildību BALTIC FLAGS
Overview
Sabiedrība ar ierobežotu atbildību BALTIC FLAGS (reg. no. 40003927467) is a limited liability company. The company was registered in 2007 and has been in the register for 19 years. Registered address: Rēzeknes nov., Feimaņu pag., Feimaņi, "Korūgu muiža".
Financial results
Revenue in 2025 was 38 279 €, down 9,9% on the previous year (42 474 €). From 2008 to 2025, revenue declined by an average of 5,5% per year. This is the company's lowest revenue among the published years (2008–2025). 2025 ended with a loss of 20 280 €. The company was profitable in 6 of the 18 published years. In 2025 the company had 1 employees (2 a year earlier). Revenue per employee was 38 279 €.
Management and owners
The company has one board member. The sole owner of the company is a private individual.
Points to note
Equity was negative at the end of 2025 (-80 903 €).
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.