VanBaltic SIAActive

40103324654Limited liability companyFounded 2010

Key figures

34 609 €-25,0%

Revenue 2025

+10,7%

Average annual growth 2010–2025

Ratios

2025

31,9%

EBITDA margin

-24,9%

Profit margin

16,1%

Equity ratio

1,8×

Current ratio

-17,8%

Return on equity

Balance sheet structure

Current assetsNon-current assetsLiabilitiesEquity

Dividends

calculated

2025

No dividends were paid.

History

20250 €

20240 €

20230 €

20220 €

20210 €

20200 €

20190 €

2018 ~7001 €

2017 ~29 606 €

2016 ~38 121 €

2015 ~18 823 €

2014 ~7395 €

2013 ~15 533 €

2012 ~7720 €

2011 ~3014 €

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	6112	11 235	19 239	11 696	26 826	43 904	64 216	71 342	45 779	38 765	6586	42 207	24 276	21 131	39 071	29 015
Total non-current assets	0	0	0	0	0	0	0	0	0	0	19 997	22 515	56 812	288 495	279 028	271 539
Total assets	6112	11 235	19 239	11 696	26 826	43 904	64 216	71 342	45 779	38 765	26 583	64 722	81 088	309 626	318 099	300 554
Balance sheet — liabilities and equity
Current liabilities	1878	0	1683	1456	2358	2983	31 810	61 541	40 149	29 520	28 177	0	10 640	15 781	20 535	16 422
Non-current liabilities	0	1446	0	0	0	0	0	0	0	0	0	26 555	0	246 443	240 596	235 789
Total liabilities	1878	1446	1683	1456	2358	2983	31 810	61 541	40 149	29 520	28 177	26 555	10 640	262 224	261 131	252 211
Share capital	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—
Retained earnings of previous periods	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—
Profit for the year	4019	8714	15 533	8240	21 623	35 276	29 606	7001	2830	3615	-10 839	39 761	32 282	-23 046	9567	-8625
Total equity	4020	9720	17 533	10 240	24 468	40 921	32 406	9801	5630	9245	-1594	38 167	70 448	47 402	56 968	48 343
Income statement
Sales revenue	7581	22 822	30 949	22 960	42 023	56 737	56 985	54 941	39 907	38 090	37 348	63 642	45 749	16 809	46 143	34 609
Operating profit	4019	8714	15 530	8240	21 623	35 276	29 606	7001	2830	3615	-10 839	39 761	32 282	-23 121	9140	-8679
EBITDA	4019	8714	15 530	8240	21 623	35 276	29 606	7001	2830	3615	-10 839	39 761	32 282	-1268	29 036	11 041
Profit before income tax	4019	8714	15 533	8240	21 623	35 276	29 606	7001	2830	3615	-10 839	39 761	32 282	-22 908	9567	-8625
Profit for the reporting year	4019	8714	15 533	8240	21 623	35 276	29 606	7001	2830	3615	-10 839	39 761	32 282	-23 046	9567	-8625
Labour costs	2810	11 837	11 902	11 926	16 881	17 033	17 018	36 885	29 876	29 443	39 673	18 453	7415	7415	8754	8730
Depreciation of non-current assets	0	0	0	0	0	0	0	0	0	0	0	0	0	21 853	19 896	19 720
Other indicators
Employees	2	2	2	2	2	2	2	5	4	4	5	1	1	1	1	1
Calculated dividend	—	3014	7720	15 533	7395	18 823	38 121	29 606	7001	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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Related companies

Shared members or board members

Sabiedrība ar ierobežotu atbildību "ERNACO"

Same registered address

Sabiedrība ar ierobežotu atbildību "ERNACO"

Summary: VanBaltic SIA

Overview

VanBaltic SIA (reg. no. 40103324654) is a limited liability company. The company was registered in 2010 and has been in the register for 16 years. Registered address: Mārupes nov., Mārupe, Upleju iela 7.

Financial results

Revenue in 2025 was 34 609 €, down 25,0% on the previous year (46 143 €). From 2010 to 2025, revenue grew by an average of 10,7% per year. 2025 ended with a loss of 8625 €. The company was profitable in 13 of the 16 published years. In 2025 the company had 1 employees. Revenue per employee was 34 609 €. At the end of 2025, total assets were 300 554 € and equity 48 343 € (16,1% of assets).

Management and owners

The company has one board member. The sole owner of the company is 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.