SIA "BALMERK LATVIA"Active

40103170914Limited liability companyFounded 2008

Key figures

26 987 119 €+9,4%
Revenue 2025
+16,6%
Average annual growth 2011–2025
010 m20 m30 m’11’12’13’14’15’16’17’18’19’20’21’22’23’24’25

Ratios

2025
Balance sheet structure
Current assetsNon-current assetsLiabilitiesEquity
05 m10 m’11’12’13’14’15’16’17’18’19’20’21’22’23’24’25

Dividends

from the report
2025

Dividends paid 800 000 € (25% of equity at the end of the previous year).

History
2025800 000 €
2024800 000 €
2023216 000 €
2022216 000 €
2021203 725 €
2020300 000 €
20190 €
20180 €
20170 €
20160 €
20150 €
20140 €
20130 €
20120 €
20110 €
Summary of financial statements2011–2025
201120122013201420152016201720182019202020212022202320242025
Balance sheet — assets
Total current assets1 963 5471 853 8192 166 0823 423 8522 582 3292 847 3423 701 1585 083 3255 433 3645 296 6406 421 8026 499 2697 247 4577 859 6398 216 873
Total non-current assets121 28678 94556 35296 5931 080 6702 516 8362 508 7322 508 4822 501 0692 518 7472 531 8002 512 08151 13438 54050 365
Total assets2 084 8331 932 7642 222 4343 520 4453 662 9995 364 1786 209 8907 591 8077 934 4337 815 3878 953 6029 011 3507 298 5917 898 1798 267 238
Balance sheet — liabilities and equity
Current liabilities1 474 8051 536 9191 463 2862 008 3482 102 3812 379 0673 048 8974 018 8083 903 9673 792 6134 670 7574 532 1494 012 8864 708 8435 054 847
Non-current liabilities238 95300283 620209 580135 54061 500175 00085 000432 000216 0000000
Total liabilities1 713 7581 536 9191 463 2862 291 9682 311 9612 514 6073 110 3974 193 8083 988 9674 224 6134 886 7574 532 1494 012 8864 708 8435 054 847
Share capital———————————————
Retained earnings of previous periods———————————————
Profit for the year-99 98124 77015 296148 306121 700192 841249 922298 506547 467581 034476 071412 356945 417509 522823 055
Total equity371 075395 845759 1481 228 4771 351 0382 849 5713 099 4933 397 9993 945 4663 590 7744 066 8454 479 2013 285 7053 189 3363 212 391
Income statement
Sales revenue3 127 4303 970 5684 345 1486 697 1696 757 4447 822 0209 140 95712 198 65915 650 58115 544 30017 085 87921 024 77123 342 04824 675 48626 987 119
Operating profit-130 03743 13610 403165 560163 834258 570331 011358 980595 105616 412493 660436 867960 484691 4151 008 055
Profit before income tax-99 98143 65327 713181 764148 186223 574298 271321 152547 874581 110476 684412 406945 430709 5221 023 055
Profit for the reporting year-99 98124 77015 296148 306121 700192 841249 922298 506547 467581 034476 071412 356945 417509 522823 055
Labour costs———————————————
Depreciation of non-current assets———————————————
Other indicators
Employees303028262526272730323236363333
Calculated dividend000000000300 000203 725216 000216 000800 000800 000

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

Click a node to see its other connections.

100%100%SIA "BALMERK LATVIA"Balmerk Distribution …1Ermansons EdgarsMartinsone IvetaSabiedrība ar ierobež…
CompanyPersonShareholderOther roleAdditional link

Related companies

Companies in which this company is a member
Shared members or board members

Summary: SIA "BALMERK LATVIA"

Overview

SIA "BALMERK LATVIA" (reg. no. 40103170914) is a limited liability company. The company was registered in 2008 and has been in the register for 18 years. Registered address: Mārupes nov., Mārupe, Ziedleju iela 6.

Financial results

Revenue in 2025 was 26 987 119 €, up 9,4% on the previous year (24 675 486 €). From 2011 to 2025, revenue grew by an average of 16,6% per year. This is the company's highest revenue among the published years (2011–2025). Net profit for 2025 was 823 055 € (3,0% of revenue). The company was profitable in 14 of the 15 published years. In 2025 the company had 33 employees. Revenue per employee was 817 791 €. At the end of 2025, total assets were 8 267 238 € and equity 3 212 391 € (38,9% of assets).

Management and owners

The board has 2 members. The sole owner of the company is Balmerk Distribution OU. The company holds a stake in one other active Latvian company.

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.