SIA "Russo Baltic Classic Racing Team"Active
Key figures
Ratios
2025Balance sheet structure
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 | 13 524 | 20 866 | 10 657 | 18 504 | 8258 | 112 347 | 202 018 | 198 138 | 122 229 | 13 775 | 13 910 | 10 589 | 4748 | 6476 | 3209 | 9215 |
| Total non-current assets | 80 997 | 84 791 | 119 876 | 78 066 | 152 800 | 56 088 | 508 | 225 | 43 595 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total assets | 94 521 | 105 657 | 130 533 | 96 570 | 161 058 | 168 435 | 202 526 | 198 363 | 165 824 | 13 775 | 13 910 | 10 589 | 4748 | 6476 | 3209 | 9215 |
| Balance sheet — liabilities and equity | ||||||||||||||||
| Current liabilities | 3010 | 7906 | 0 | 14 451 | 31 327 | 46 696 | 33 126 | 31 632 | 42 488 | 40 346 | 0 | 0 | 32 722 | 36 772 | 39 567 | 39 442 |
| Non-current liabilities | 117 405 | 235 124 | 408 596 | 470 582 | 836 867 | 902 281 | 259 270 | 267 270 | 230 270 | 0 | 47 482 | 47 631 | 0 | 0 | 0 | 0 |
| Total liabilities | 120 415 | 243 030 | 408 596 | 485 033 | 868 194 | 948 977 | 292 396 | 298 902 | 272 758 | 40 346 | 47 482 | 47 631 | 32 722 | 36 772 | 39 567 | 39 442 |
| Share capital | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Retained earnings of previous periods | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Profit for the year | -27 894 | -111 479 | -140 690 | -110 400 | -154 403 | -73 406 | 658 880 | -10 669 | -6395 | 80 363 | -7000 | -3469 | 9068 | -2321 | -6062 | 6131 |
| Total equity | -25 894 | -137 373 | -278 063 | -388 463 | -707 136 | -780 542 | -89 870 | -100 539 | -106 934 | -26 571 | -33 572 | -37 042 | -27 974 | -30 296 | -36 358 | -30 227 |
| Income statement | ||||||||||||||||
| Sales revenue | 0 | 21 956 | 22 189 | 45 671 | 20 068 | 0 | 0 | 0 | 52 500 | 18 400 | 14 053 | 10 220 | 20 000 | 20 874 | 21 325 | 34 369 |
| Operating profit | -27 547 | -110 418 | -138 375 | -107 605 | -160 202 | -72 983 | 658 880 | -10 669 | -6395 | 80 363 | -7000 | -3469 | 9068 | -2321 | -6062 | 6131 |
| Profit before income tax | -27 894 | -111 479 | -140 690 | -110 400 | -154 403 | -73 406 | 658 880 | -10 669 | -6395 | 80 363 | -7000 | -3469 | 9068 | -2321 | -6062 | 6131 |
| Profit for the reporting year | -27 894 | -111 479 | -140 690 | -110 400 | -154 403 | -73 406 | 658 880 | -10 669 | -6395 | 80 363 | -7000 | -3469 | 9068 | -2321 | -6062 | 6131 |
| Labour costs | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Depreciation of non-current assets | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Other indicators | ||||||||||||||||
| Employees | 2 | 3 | 3 | 3 | 4 | 3 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 2 | 3 | 2 |
| Calculated dividend | — | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 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 "Russo Baltic Classic Racing Team"
Overview
SIA "Russo Baltic Classic Racing Team" (reg. no. 40103303690) is a limited liability company. The company was registered in 2010 and has been in the register for 16 years. Registered address: Ādažu nov., Ādaži, Muižas iela 25.
Financial results
Revenue in 2025 was 34 369 €, up 61,2% on the previous year (21 325 €). Net profit for 2025 was 6131 € (17,8% of revenue). The company was profitable in 4 of the 16 published years. In 2025 the company had 2 employees (3 a year earlier). Revenue per employee was 17 185 €.
Management and owners
The company has one board member. The sole owner of the company is a private individual.
Points to note
Equity was negative at the end of 2025 (-30 227 €).
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.