SIA "Baltic union"Active
Key figures
Ratios
2025Balance sheet structure
Dividends
calculatedNo dividends were paid.
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 | 205 | 1926 | 944 | 245 | 21 613 | 76 633 | 89 146 | 107 733 | 201 626 | 266 313 | 297 770 | 270 661 | 276 076 | 299 549 | 310 153 | 345 955 |
| Total non-current assets | 1120 | 1131 | 1120 | 1528 | 3053 | 21 384 | 19 820 | 20 131 | 12 231 | 26 250 | 25 606 | 18 664 | 11 993 | 5556 | 1815 | 30 145 |
| Total assets | 1325 | 3057 | 2064 | 1773 | 24 666 | 98 017 | 108 966 | 127 864 | 213 857 | 292 563 | 323 376 | 289 325 | 288 069 | 305 105 | 311 968 | 376 100 |
| Balance sheet — liabilities and equity | ||||||||||||||||
| Current liabilities | 1050 | 502 | 1000 | 1106 | 20 912 | 74 855 | 89 253 | 107 998 | 156 739 | 178 870 | 163 066 | 79 397 | 58 403 | 67 463 | 70 625 | 114 914 |
| Non-current liabilities | 0 | 0 | 0 | 0 | 0 | 16 172 | 12 892 | 6351 | 7648 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total liabilities | 1050 | 502 | 1000 | 1106 | 20 912 | 91 027 | 102 145 | 114 349 | 164 387 | 178 870 | 163 066 | 79 397 | 58 403 | 67 463 | 70 625 | 114 914 |
| Share capital | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Retained earnings of previous periods | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Profit for the year | 255 | 2920 | 361 | -348 | -1129 | 1291 | 1776 | 272 | 35 955 | 65 493 | 46 043 | 72 755 | 43 559 | 13 185 | 4718 | 19 859 |
| Total equity | 275 | 2555 | 1015 | 667 | 3754 | 5045 | 6821 | 5317 | 41 272 | 105 495 | 136 854 | 197 609 | 227 168 | 235 377 | 240 095 | 259 954 |
| Income statement | ||||||||||||||||
| Sales revenue | 495 | 5148 | 4005 | 3966 | 32 860 | 198 855 | 251 957 | 267 311 | 454 355 | 633 772 | 762 746 | 677 427 | 472 667 | 348 308 | 305 770 | 373 939 |
| Operating profit | 255 | 3267 | 429 | -280 | -1028 | 2577 | 3278 | 2700 | 39 006 | 65 737 | 49 981 | 75 755 | 46 809 | 14 435 | 4718 | 19 859 |
| Profit before income tax | 255 | 3267 | 426 | -348 | -1129 | 2040 | 1818 | 1092 | 35 955 | 65 493 | 49 646 | 75 755 | 46 809 | 14 435 | 4718 | 19 859 |
| Profit for the reporting year | 255 | 2920 | 361 | -348 | -1129 | 1291 | 1776 | 272 | 35 955 | 65 493 | 46 043 | 72 755 | 43 559 | 13 185 | 4718 | 19 859 |
| Labour costs | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Depreciation of non-current assets | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Other indicators | ||||||||||||||||
| Employees | 1 | 1 | 1 | 1 | 2 | 3 | 5 | 4 | 3 | 3 | 3 | 3 | 4 | 3 | 3 | 3 |
| Calculated dividend | 0 | 0 | 1901 | 0 | 0 | 0 | 0 | 1776 | 0 | 1270 | 14 684 | 12 000 | 14 000 | 4976 | 0 | 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 "Baltic union"
Overview
SIA "Baltic union" (reg. no. 40103296562) is a limited liability company. The company was registered in 2010 and has been in the register for 16 years. Registered address: Rīga, Užavas iela 17 - 2.
Financial results
Revenue in 2025 was 373 939 €, up 22,3% on the previous year (305 770 €). From 2010 to 2025, revenue grew by an average of 55,6% per year. Net profit for 2025 was 19 859 € (5,3% of revenue). The company was profitable in 14 of the 16 published years. In 2025 the company had 3 employees. Revenue per employee was 124 646 €. At the end of 2025, total assets were 376 100 € and equity 259 954 € (69,1% of assets).
Management and owners
The board has 2 members. According to the register, the company has 2 owners. The largest stake (78,7%) 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.