SIA "INSTABALT LATVIA"Active
Key figures
Ratios
2025Balance sheet structure
Dividends
calculatedPaid out in dividends approximately 500 000 € (31% 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 statements2009–2025
| 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Balance sheet — assets | |||||||||||||||||
| Total current assets | 193 586 | 250 807 | 274 592 | 386 222 | 444 981 | 744 362 | 748 388 | 926 362 | 934 599 | 1 091 402 | 1 208 435 | 1 509 348 | 1 717 096 | 2 309 737 | 2 367 924 | 2 839 494 | 2 704 355 |
| Total non-current assets | 95 790 | 78 385 | 71 412 | 63 735 | 57 566 | 97 545 | 84 724 | 93 942 | 138 039 | 182 187 | 153 698 | 127 954 | 116 615 | 140 677 | 166 875 | 142 455 | 144 251 |
| Total assets | 289 376 | 329 192 | 346 004 | 449 957 | 502 547 | 841 907 | 833 112 | 1 020 304 | 1 072 638 | 1 273 589 | 1 362 133 | 1 637 302 | 1 833 711 | 2 450 414 | 2 534 799 | 2 981 949 | 2 848 606 |
| Balance sheet — liabilities and equity | |||||||||||||||||
| Current liabilities | 156 985 | 200 312 | 218 290 | 282 797 | 303 959 | 441 996 | 383 971 | 439 885 | 494 501 | 558 044 | 581 398 | 613 261 | 538 074 | 865 704 | 767 674 | 1 394 008 | 1 172 072 |
| Non-current liabilities | 112 117 | 85 530 | 36 297 | 10 248 | 448 | 2871 | 3221 | 11 050 | 3250 | 100 000 | 260 000 | 180 000 | 100 000 | 50 000 | 0 | 0 | 0 |
| Total liabilities | 269 102 | 285 842 | 254 587 | 293 045 | 304 407 | 444 867 | 387 192 | 450 935 | 497 751 | 658 044 | 841 398 | 793 261 | 638 074 | 915 704 | 767 674 | 1 394 008 | 1 172 072 |
| Share capital | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Retained earnings of previous periods | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Profit for the year | 3740 | 23 076 | 46 855 | 85 264 | 101 064 | 163 936 | 147 729 | 184 860 | 165 518 | 240 657 | 265 868 | 323 306 | 351 596 | 539 072 | 332 415 | 220 816 | 588 593 |
| Total equity | 20 274 | 43 350 | 90 205 | 155 469 | 196 533 | 393 578 | 441 307 | 569 369 | 574 887 | 615 545 | 520 735 | 844 041 | 1 195 637 | 1 534 710 | 1 767 125 | 1 587 941 | 1 676 534 |
| Income statement | |||||||||||||||||
| Sales revenue | 439 147 | 604 193 | 677 204 | 871 044 | 1 021 886 | 1 614 260 | 1 810 116 | 1 887 635 | 1 994 117 | 2 309 730 | 2 449 645 | 2 595 117 | 2 688 130 | 3 840 644 | 3 872 915 | 4 347 754 | 4 916 212 |
| Operating profit | 14 082 | 36 438 | 57 116 | 102 710 | 116 639 | 195 864 | 174 910 | 216 584 | 192 852 | 240 823 | 265 886 | 323 413 | 351 596 | 589 072 | 356 749 | 312 261 | 709 945 |
| Profit before income tax | 5486 | 33 380 | 54 629 | 101 237 | 116 010 | 195 424 | 174 748 | 216 301 | 192 511 | 240 657 | 265 868 | 323 413 | 351 596 | 589 072 | 357 993 | 320 816 | 713 593 |
| Profit for the reporting year | 3740 | 23 076 | 46 855 | 85 264 | 101 064 | 163 936 | 147 729 | 184 860 | 165 518 | 240 657 | 265 868 | 323 306 | 351 596 | 539 072 | 332 415 | 220 816 | 588 593 |
| Labour costs | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Depreciation of non-current assets | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Other indicators | |||||||||||||||||
| Employees | 7 | 6 | 6 | 7 | 8 | 9 | 10 | 10 | 11 | 11 | 11 | 11 | 11 | 11 | 14 | 15 | 15 |
| Calculated dividend | 52 500 | 23 495 | 33 400 | 19 105 | 52 000 | 74 188 | 92 300 | 61 500 | 78 000 | 199 999 | 360 678 | 0 | 0 | 199 999 | 100 000 | 400 000 | 500 000 |
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: SIA "INSTABALT LATVIA"
Overview
SIA "INSTABALT LATVIA" (reg. no. 40103093583) is a limited liability company. The company was registered in 1993 and has been in the register for 33 years. Registered address: Rīga, Vestienas iela 14.
Financial results
Revenue in 2025 was 4 916 212 €, up 13,1% on the previous year (4 347 754 €). From 2009 to 2025, revenue grew by an average of 16,3% per year. This is the company's highest revenue among the published years (2009–2025). Net profit for 2025 was 588 593 € (12,0% of revenue). The company was profitable in all 17 published years. In 2025 the company had 15 employees. Revenue per employee was 327 747 €. At the end of 2025, total assets were 2 848 606 € and equity 1 676 534 € (58,9% 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.