"Air Baltic Training", SIAActive
Key figures
Ratios
2025Balance sheet structure
Dividends
calculatedPaid out in dividends approximately 63 819 € (4% 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 statements2010–2025
| 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Balance sheet — assets | ||||||||||||||||
| Total current assets | 128 923 | 320 233 | 493 672 | 519 953 | 766 913 | 418 618 | 810 434 | 1 494 135 | 1 097 503 | 858 196 | 1 757 651 | 1 391 448 | 1 800 456 | 2 714 636 | 2 403 624 | 3 424 201 |
| Total non-current assets | 7748 | 24 286 | 42 168 | 87 022 | 228 888 | 730 548 | 629 124 | 496 154 | 3 337 631 | 5 125 380 | 4 965 461 | 4 867 222 | 5 275 247 | 5 003 281 | 4 733 810 | 4 358 639 |
| Total assets | 136 671 | 344 519 | 535 840 | 606 975 | 995 801 | 1 149 166 | 1 439 558 | 1 990 289 | 4 435 134 | 5 983 576 | 6 723 112 | 6 258 670 | 7 075 703 | 7 717 917 | 7 137 434 | 7 782 840 |
| Balance sheet — liabilities and equity | ||||||||||||||||
| Current liabilities | 128 469 | 151 489 | 231 850 | 222 873 | 358 803 | 320 990 | 296 417 | 628 853 | 886 805 | 2 249 720 | 5 138 496 | 5 017 092 | 6 311 636 | 6 035 274 | 5 329 060 | 2 832 266 |
| Non-current liabilities | 0 | 0 | 0 | 0 | 135 | 31 496 | 43 109 | 0 | 2 139 455 | 2 236 533 | 145 200 | 129 581 | 0 | 0 | 0 | 2 636 521 |
| Total liabilities | 128 469 | 151 489 | 231 850 | 222 873 | 358 938 | 352 486 | 339 526 | 628 853 | 3 026 260 | 4 486 253 | 5 283 696 | 5 146 673 | 6 311 636 | 6 035 274 | 5 329 060 | 5 468 787 |
| Share capital | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Retained earnings of previous periods | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Profit for the year | 6202 | 184 828 | 110 960 | 80 112 | 90 335 | 159 817 | 303 352 | 261 405 | 47 438 | 88 449 | -57 907 | -327 419 | -1 042 628 | 982 395 | 189 550 | 569 498 |
| Total equity | 8202 | 193 030 | 303 990 | 384 102 | 636 863 | 796 680 | 1 100 032 | 1 361 436 | 1 408 874 | 1 497 323 | 1 439 416 | 1 111 997 | 764 067 | 1 682 643 | 1 808 374 | 2 314 053 |
| Income statement | ||||||||||||||||
| Sales revenue | 493 229 | 1 120 163 | 1 519 867 | 1 619 599 | 2 352 744 | 2 416 782 | 2 992 778 | 3 019 426 | 3 447 252 | 3 788 496 | 3 104 648 | 2 194 962 | 2 528 668 | 4 803 000 | 5 417 386 | 5 962 311 |
| Operating profit | 4691 | 186 434 | 127 239 | 86 306 | 111 940 | 192 200 | 365 659 | 275 940 | 89 153 | 239 693 | 106 660 | -184 738 | -897 235 | 1 101 466 | 213 556 | 575 569 |
| EBITDA | 5060 | 190 465 | 136 180 | 100 759 | 142 903 | 293 942 | 508 164 | 428 004 | 329 508 | 671 260 | 604 609 | 260 823 | -436 304 | 1 567 169 | 789 023 | 1 198 335 |
| Profit before income tax | 3833 | 184 365 | 112 805 | 76 415 | 111 551 | 192 559 | 363 110 | 266 961 | 47 438 | 91 033 | -56 340 | -325 879 | -1 032 839 | 989 903 | 190 807 | 571 943 |
| Profit for the reporting year | 6202 | 184 828 | 110 960 | 80 112 | 90 335 | 159 817 | 303 352 | 261 405 | 47 438 | 88 449 | -57 907 | -327 419 | -1 042 628 | 982 395 | 189 550 | 569 498 |
| Labour costs | 210 119 | 306 653 | 274 883 | 282 319 | 340 623 | 413 612 | 566 389 | 592 290 | 811 088 | 1 222 767 | 1 152 287 | 1 006 545 | 1 076 054 | 1 625 440 | 2 143 067 | 2 666 141 |
| Depreciation of non-current assets | 369 | 4031 | 8941 | 14 453 | 30 963 | 101 742 | 142 505 | 152 064 | 240 355 | 431 567 | 497 949 | 445 561 | 460 931 | 465 703 | 575 467 | 622 766 |
| Other indicators | ||||||||||||||||
| Employees | 8 | 12 | 12 | 13 | 15 | 18 | 19 | 20 | 31 | 33 | 34 | 27 | 26 | 33 | 39 | 44 |
| Calculated dividend | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 63 819 | 63 819 |
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: "Air Baltic Training", SIA
Overview
"Air Baltic Training", SIA (reg. no. 40103272422) is a limited liability company. The company was registered in 2010 and has been in the register for 16 years. Registered address: Mārupes nov., Mārupes pag., Lidosta "Rīga", Pilotu iela 6.
Financial results
Revenue in 2025 was 5 962 311 €, up 10,1% on the previous year (5 417 386 €). From 2010 to 2025, revenue grew by an average of 18,1% per year. This is the company's highest revenue among the published years (2010–2025). Net profit for 2025 was 569 498 € (9,6% of revenue). The company was profitable in 13 of the 16 published years. In 2025 the company had 44 employees (39 a year earlier). Revenue per employee was 135 507 €. At the end of 2025, total assets were 7 782 840 € and equity 2 314 053 € (29,7% of assets).
Management and owners
The board has 2 members. The sole owner of the company is Akciju sabiedrība "Air Baltic Corporation".
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 02.11.2026. Changes, averages and ratios are calculated by entity.lv from open data and are not an official assessment.