SIA "Baltic Express Transport"Active
Key figures
Ratios
2025Balance sheet structure
Dividends
calculatedPaid out in dividends approximately 30 000 € (12% 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 statements2013–2025
| 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Balance sheet — assets | |||||||||||||
| Total current assets | 47 926 | 99 672 | 147 573 | 150 406 | 151 711 | 78 974 | 96 091 | 181 112 | 359 954 | 447 912 | 371 133 | 282 641 | 298 712 |
| Total non-current assets | 140 453 | 188 650 | 264 465 | 372 553 | 552 619 | 842 545 | 1 037 086 | 871 359 | 1 294 181 | 1 647 592 | 2 939 771 | 2 344 251 | 3 166 717 |
| Total assets | 188 379 | 288 322 | 412 038 | 522 959 | 704 330 | 921 519 | 1 133 177 | 1 052 471 | 1 654 135 | 2 095 504 | 3 310 904 | 2 626 892 | 3 465 429 |
| Balance sheet — liabilities and equity | |||||||||||||
| Current liabilities | 35 393 | 41 222 | 51 891 | 83 392 | 171 345 | 252 304 | 310 457 | 419 826 | 593 839 | 671 788 | 1 566 267 | 1 449 275 | 2 058 161 |
| Non-current liabilities | 153 908 | 266 991 | 398 324 | 417 827 | 481 027 | 604 518 | 716 070 | 471 237 | 877 365 | 1 029 997 | 1 548 876 | 927 450 | 1 227 474 |
| Total liabilities | 189 301 | 308 213 | 450 215 | 501 219 | 652 372 | 856 822 | 1 026 527 | 891 063 | 1 471 204 | 1 701 785 | 3 115 143 | 2 376 725 | 3 285 635 |
| Share capital | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Retained earnings of previous periods | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Profit for the year | 1232 | -18 580 | -21 542 | 63 174 | 31 804 | 19 030 | 49 316 | 54 758 | 21 926 | 210 788 | -92 958 | 60 922 | -40 373 |
| Total equity | -11 631 | -35 129 | -41 435 | 21 740 | 51 958 | 64 697 | 106 650 | 161 408 | 182 931 | 393 719 | 195 761 | 250 167 | 179 794 |
| Income statement | |||||||||||||
| Sales revenue | 421 390 | 729 253 | 881 231 | 1 158 027 | 1 480 622 | 1 589 475 | 1 578 372 | 1 745 207 | 1 742 185 | 2 808 971 | 3 347 733 | 3 825 601 | 4 265 202 |
| Operating profit | 1232 | -18 580 | -21 542 | 66 323 | 46 072 | 30 618 | 69 281 | 54 758 | 21 926 | 210 788 | -75 573 | 60 922 | -32 873 |
| EBITDA | 1232 | — | — | — | — | — | — | — | — | — | — | — | — |
| Profit before income tax | 1232 | -18 580 | -21 542 | 63 174 | 31 804 | 19 030 | 49 316 | 54 758 | 21 926 | 210 788 | -75 573 | 60 922 | -32 873 |
| Profit for the reporting year | 1232 | -18 580 | -21 542 | 63 174 | 31 804 | 19 030 | 49 316 | 54 758 | 21 926 | 210 788 | -92 958 | 60 922 | -40 373 |
| Labour costs | 0 | — | — | — | — | — | — | — | — | — | — | — | — |
| Depreciation of non-current assets | 0 | — | — | — | — | — | — | — | — | — | — | — | — |
| Other indicators | |||||||||||||
| Employees | 9 | 10 | 9 | 9 | 15 | 25 | 24 | 27 | 24 | 29 | 41 | 41 | 45 |
| Calculated dividend | 0 | 0 | 0 | 0 | 1586 | 6291 | 7363 | 0 | 0 | 0 | 105 000 | 6516 | 30 000 |
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 Express Transport"
Overview
SIA "Baltic Express Transport" (reg. no. 40103340767) is a limited liability company. The company was registered in 2010 and has been in the register for 16 years. Registered address: Rīga, Dzelzavas iela 117.
Financial results
Revenue in 2025 was 4 265 202 €, up 11,5% on the previous year (3 825 601 €). From 2013 to 2025, revenue grew by an average of 21,3% per year. This is the company's highest revenue among the published years (2013–2025). 2025 ended with a loss of 40 373 €. The company was profitable in 9 of the 13 published years. In 2025 the company had 45 employees (41 a year earlier). Revenue per employee was 94 782 €. At the end of 2025, total assets were 3 465 429 € and equity 179 794 € (5,2% of assets).
Management and owners
The company has one board member. According to the register, the company has 2 owners. The largest stake (70%) 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.