Sabiedrība ar ierobežotu atbildību "Grand Baltics"Active
Key figures
Ratios
2025Balance sheet structure
Dividends
calculatedNo dividends were paid.
Summary of financial statements2010–2025
| 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Balance sheet — assets | ||||||||||||||||
| Total current assets | 5257 | 16 213 | 11 415 | 71 711 | 146 899 | 138 144 | 159 464 | 175 448 | 104 815 | 106 739 | 7229 | 2593 | 8509 | 40 994 | 48 554 | 30 037 |
| Total non-current assets | 219 | 2722 | 2000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total assets | 5476 | 18 935 | 13 415 | 71 711 | 146 899 | 138 144 | 159 464 | 175 448 | 104 815 | 106 739 | 7229 | 2593 | 8509 | 40 994 | 48 554 | 30 037 |
| Balance sheet — liabilities and equity | ||||||||||||||||
| Current liabilities | 5300 | 2588 | 0 | 24 727 | 73 106 | 17 560 | 0 | 0 | 1894 | 56 580 | 16 488 | 24 079 | 30 031 | 55 773 | 55 158 | 41 231 |
| Non-current liabilities | 238 | 0 | 6486 | 0 | 0 | 0 | 3536 | 6983 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total liabilities | 5538 | 2588 | 6486 | 24 727 | 73 106 | 17 560 | 3536 | 6983 | 1894 | 56 580 | 16 488 | 24 079 | 30 031 | 55 773 | 55 158 | 41 231 |
| Share capital | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Retained earnings of previous periods | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Profit for the year | -1149 | 11 989 | 4929 | 40 055 | 25 963 | 46 791 | 35 350 | 12 537 | -15 544 | 12 283 | -24 382 | -15 067 | -9295 | 6743 | 5335 | -4590 |
| Total equity | -210 | 16 199 | 6929 | 46 984 | 73 793 | 120 584 | 155 928 | 168 465 | 102 921 | 50 159 | -9259 | -21 486 | -21 522 | -14 779 | -6604 | -11 194 |
| Income statement | ||||||||||||||||
| Sales revenue | 15 674 | 99 781 | 73 595 | 284 857 | 293 104 | 359 507 | 337 908 | 306 099 | 239 122 | 422 085 | 8830 | 43 118 | 70 433 | 226 410 | 303 190 | 192 752 |
| Operating profit | -1149 | 14 084 | 5813 | 47 504 | 30 546 | 55 074 | 41 589 | 14 750 | -15 544 | 14 451 | -24 382 | -15 067 | -9295 | 6743 | 5335 | -4590 |
| EBITDA | — | 14 303 | 5890 | 47 504 | 30 546 | 55 074 | 41 589 | 14 750 | -15 544 | 14 451 | -24 382 | -15 067 | -9295 | 6743 | 5335 | -4590 |
| Profit before income tax | -1149 | 14 084 | 5813 | 47 504 | 30 546 | 55 074 | 41 589 | 14 750 | -15 544 | 14 451 | -24 382 | -15 067 | -9295 | 6743 | 5335 | -4590 |
| Profit for the reporting year | -1149 | 11 989 | 4929 | 40 055 | 25 963 | 46 791 | 35 350 | 12 537 | -15 544 | 12 283 | -24 382 | -15 067 | -9295 | 6743 | 5335 | -4590 |
| Labour costs | — | 514 | 559 | 564 | 3308 | 4780 | 5248 | 5208 | 5170 | 6550 | 6586 | 7494 | 7494 | 9279 | 12 591 | 11 638 |
| Depreciation of non-current assets | — | 219 | 77 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other indicators | ||||||||||||||||
| Employees | 3 | 3 | 3 | 2 | 2 | 3 | 3 | 3 | 2 | 2 | 1 | 1 | 1 | 1 | 1 | 1 |
| Calculated dividend | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 50 000 | 65 045 | 35 036 | 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 "Grand Baltics"
Overview
Sabiedrība ar ierobežotu atbildību "Grand Baltics" (reg. no. 40003952252) is a limited liability company. The company was registered in 2007 and has been in the register for 19 years. Registered address: Rīga, Brīvības gatve 197B.
Financial results
Revenue in 2025 was 192 752 €, down 36,4% on the previous year (303 190 €). From 2010 to 2025, revenue grew by an average of 18,2% per year. 2025 ended with a loss of 4590 €. The company was profitable in 10 of the 16 published years. In 2025 the company had 1 employees. Revenue per employee was 192 752 €.
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 (-11 194 €).
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.