Sabiedrība ar ierobežotu atbildību "CREDO BALTIC"Active
Key figures
Ratios
2025Balance sheet structure
Dividends
calculatedPaid out in dividends approximately 100 000 € (78% 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).
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 | 31 967 | 54 080 | 61 118 | 48 219 | 40 820 | 51 074 | 88 537 | 101 447 | 121 253 | 111 498 | 121 001 | 140 793 | 139 436 | 116 583 | 109 626 | 119 032 | 135 897 | 143 602 |
| Total non-current assets | 1139 | 937 | 3137 | 1584 | 956 | 4380 | 3466 | 972 | 1912 | 1135 | 358 | 0 | 15 042 | 16 715 | 14 938 | 13 162 | 11 385 | 2403 |
| Total assets | 33 106 | 55 017 | 64 255 | 49 803 | 41 776 | 55 454 | 92 003 | 102 419 | 123 165 | 112 633 | 121 359 | 140 793 | 154 478 | 133 298 | 124 564 | 132 194 | 147 282 | 146 005 |
| Balance sheet — liabilities and equity | ||||||||||||||||||
| Current liabilities | 26 193 | 33 479 | 47 609 | 17 591 | 0 | 41 731 | 71 806 | 58 799 | 91 157 | 71 556 | 25 107 | 11 961 | 13 511 | 25 220 | 31 774 | 34 745 | 19 762 | 31 368 |
| Non-current liabilities | 77 | 66 | 26 | 0 | 10 862 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total liabilities | 26 270 | 33 545 | 47 635 | 17 591 | 10 862 | 41 731 | 71 806 | 58 799 | 91 157 | 71 556 | 25 107 | 11 961 | 13 511 | 25 220 | 31 774 | 34 745 | 19 762 | 31 368 |
| Share capital | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Retained earnings of previous periods | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Profit for the year | 4528 | 19 059 | 13 015 | 15 049 | 24 847 | 6814 | 13 440 | 36 202 | 27 409 | 36 069 | 55 175 | 70 815 | 52 135 | 52 111 | 41 713 | 45 067 | 54 571 | 87 117 |
| Total equity | 6528 | 21 087 | 15 102 | 30 151 | 26 998 | 9812 | 17 810 | 40 599 | 32 008 | 41 077 | 96 252 | 128 832 | 140 967 | 108 078 | 92 790 | 97 449 | 127 520 | 114 637 |
| Income statement | ||||||||||||||||||
| Sales revenue | 54 913 | 126 238 | 137 243 | 152 761 | 206 823 | 183 398 | 275 384 | 314 336 | 282 237 | 316 960 | 333 495 | 360 108 | 341 870 | 346 876 | 309 791 | 352 883 | 339 793 | 452 304 |
| Operating profit | 5739 | 23 080 | 15 823 | 18 047 | 28 687 | 7971 | 15 585 | 42 928 | 31 692 | 42 498 | 55 175 | 70 890 | 62 154 | 73 362 | 55 963 | 55 169 | 60 801 | 111 988 |
| Profit before income tax | 5508 | 22 692 | 15 819 | 18 134 | 29 554 | 7979 | 15 534 | 42 926 | 31 692 | 42 497 | 55 175 | 70 830 | 62 154 | 73 361 | 55 963 | 55 169 | 60 702 | 112 123 |
| Profit for the reporting year | 4528 | 19 059 | 13 015 | 15 049 | 24 847 | 6814 | 13 440 | 36 202 | 27 409 | 36 069 | 55 175 | 70 815 | 52 135 | 52 111 | 41 713 | 45 067 | 54 571 | 87 117 |
| Labour costs | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Depreciation of non-current assets | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Other indicators | ||||||||||||||||||
| Employees | 2 | 2 | 2 | 2 | 2 | 2 | 3 | 3 | 3 | 3 | 3 | 3 | 3 | 4 | 4 | 4 | 4 | 4 |
| Calculated dividend | 0 | 4500 | 0 | 0 | 28 000 | 24 000 | 5442 | 13 413 | 36 000 | 27 000 | 0 | 38 235 | 40 000 | 85 000 | 57 001 | 40 408 | 24 500 | 100 000 |
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 "CREDO BALTIC"
Overview
Sabiedrība ar ierobežotu atbildību "CREDO BALTIC" (reg. no. 40003999361) is a limited liability company. The company was registered in 2008 and has been in the register for 18 years. Registered address: Ropažu nov., Stopiņu pag., Dzidriņas, Šalku iela 5.
Financial results
Revenue in 2025 was 452 304 €, up 33,1% on the previous year (339 793 €). From 2008 to 2025, revenue grew by an average of 13,2% per year. This is the company's highest revenue among the published years (2008–2025). Net profit for 2025 was 87 117 € (19,3% of revenue). The company was profitable in all 18 published years. In 2025 the company had 4 employees. Revenue per employee was 113 076 €. At the end of 2025, total assets were 146 005 € and equity 114 637 € (78,5% of assets).
Management and owners
The board has 2 members. According to the register, the company has 2 owners. The largest stake (51%) is held by 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.