SIA "Danbalt Footwear"Active
Key figures
Ratios
2025Balance sheet structure
Dividends
calculatedNo dividends were paid.
Summary of financial statements2012–2025
| 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Balance sheet — assets | ||||||||||||||
| Total current assets | 733 561 | 887 633 | 1 621 133 | 1 366 389 | 1 012 690 | 891 072 | 875 136 | 637 091 | 803 697 | 1 332 899 | 1 361 272 | 1 128 227 | 1 995 814 | 2 752 815 |
| Total non-current assets | 219 903 | 378 127 | 466 349 | 412 255 | 345 088 | 270 002 | 218 631 | 253 641 | 208 021 | 208 866 | 414 474 | 392 149 | 636 818 | 749 302 |
| Total assets | 953 464 | 1 265 760 | 2 087 482 | 1 778 644 | 1 357 778 | 1 161 074 | 1 093 767 | 890 732 | 1 011 718 | 1 541 765 | 1 775 746 | 1 520 376 | 2 632 632 | 3 502 117 |
| Balance sheet — liabilities and equity | ||||||||||||||
| Current liabilities | 459 429 | 864 933 | 1 636 576 | 1 527 632 | 1 310 885 | 1 148 158 | 1 101 062 | 963 904 | 1 089 900 | 736 901 | 923 710 | 608 540 | 1 300 855 | 1 260 887 |
| Non-current liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 55 507 | 29 160 | 0 | 0 | 0 | 0 |
| Total liabilities | 459 429 | 864 933 | 1 636 576 | 1 527 632 | 1 310 885 | 1 148 158 | 1 101 062 | 963 904 | 1 145 407 | 766 061 | 923 710 | 608 540 | 1 300 855 | 1 260 887 |
| Share capital | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Retained earnings of previous periods | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Profit for the year | 49 637 | -98 590 | -128 329 | -204 103 | -192 562 | -33 445 | -19 784 | -65 669 | -60 402 | 269 637 | 76 541 | 59 693 | 476 197 | 909 453 |
| Total equity | 476 531 | 377 941 | 409 433 | 205 284 | 12 722 | -20 723 | -40 507 | -106 176 | -166 578 | 743 111 | 819 652 | 879 345 | 1 273 405 | 2 182 858 |
| Income statement | ||||||||||||||
| Sales revenue | 2 078 178 | 2 724 686 | 4 357 533 | 4 237 808 | 3 670 136 | 3 164 771 | 3 065 250 | 2 439 735 | 2 031 762 | 1 998 414 | 3 868 514 | 4 181 301 | 5 197 706 | 7 384 268 |
| Operating profit | 65 818 | -98 435 | -127 886 | -203 964 | -191 574 | -31 897 | -16 951 | -55 494 | -55 893 | 272 545 | 79 880 | 67 200 | 478 055 | 912 752 |
| Profit before income tax | 65 169 | -98 590 | -128 329 | -204 103 | -192 562 | -33 445 | -19 220 | -58 354 | -56 088 | 271 984 | 77 514 | 65 021 | 477 396 | 912 467 |
| Profit for the reporting year | 49 637 | -98 590 | -128 329 | -204 103 | -192 562 | -33 445 | -19 784 | -65 669 | -60 402 | 269 637 | 76 541 | 59 693 | 476 197 | 909 453 |
| Labour costs | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Depreciation of non-current assets | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Other indicators | ||||||||||||||
| Employees | 45 | 58 | 57 | 57 | 60 | 52 | 48 | 42 | 34 | 32 | 44 | 48 | 50 | 64 |
| Calculated dividend | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 82 137 | 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: SIA "Danbalt Footwear"
Overview
SIA "Danbalt Footwear" (reg. no. 40103247340) is a limited liability company. The company was registered in 2009 and has been in the register for 17 years. Registered address: Rīga, Bauskas iela 58 - 1.
Financial results
Revenue in 2025 was 7 384 268 €, up 42,1% on the previous year (5 197 706 €). From 2012 to 2025, revenue grew by an average of 10,2% per year. This is the company's highest revenue among the published years (2012–2025). Net profit for 2025 was 909 453 € (12,3% of revenue). The company was profitable in 6 of the 14 published years. In 2025 the company had 64 employees (50 a year earlier). Revenue per employee was 115 379 €. At the end of 2025, total assets were 3 502 117 € and equity 2 182 858 € (62,3% of assets).
Management and owners
The company has one board member. The sole owner of the company is UAB "Migaujone".
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.