SIA "Forail Baltics"Active
Key figures
Ratios
2025Balance sheet structure
Dividends
calculatedNo dividends were paid.
Summary of financial statements2011–2025
| 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Balance sheet — assets | |||||||||||||||
| Total current assets | 12 505 | 9557 | 9078 | 1043 | 1019 | 73 | 69 | 0 | 0 | 0 | 237 598 | 745 650 | 286 349 | 375 021 | 432 987 |
| Total non-current assets | 673 | 502 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 3916 | 31 332 | 108 995 | 69 886 | 71 849 |
| Total assets | 13 178 | 10 059 | 9078 | 1043 | 1019 | 73 | 69 | 0 | 0 | 0 | 241 514 | 776 982 | 395 344 | 444 907 | 504 836 |
| Balance sheet — liabilities and equity | |||||||||||||||
| Current liabilities | 13 231 | 17 344 | 9897 | 2391 | 2461 | 119 | 165 | 173 | 214 | 316 | 0 | 601 249 | 167 765 | 156 109 | 186 123 |
| Non-current liabilities | 1775 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 198 603 | 0 | 120 033 | 157 870 | 179 171 |
| Total liabilities | 15 006 | 17 344 | 9897 | 2391 | 2461 | 119 | 165 | 173 | 214 | 316 | 198 603 | 601 249 | 287 798 | 313 979 | 365 294 |
| Share capital | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Retained earnings of previous periods | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Profit for the year | -1928 | -5457 | 6467 | -183 | -94 | 1396 | -50 | -127 | -41 | -143 | 45 227 | 164 762 | -88 408 | 23 382 | 8614 |
| Total equity | -1828 | -7285 | -819 | -1348 | -1442 | -46 | -96 | -173 | -214 | -316 | 42 911 | 175 733 | 107 546 | 130 928 | 139 542 |
| Income statement | |||||||||||||||
| Sales revenue | 30 388 | 49 496 | 8320 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 870 544 | 4 198 523 | 3 049 681 | 923 235 | 681 303 |
| Operating profit | -5204 | -5457 | 6467 | -183 | -44 | 1446 | 0 | -77 | 0 | 0 | 43 044 | 159 563 | -88 408 | 34 225 | 32 579 |
| Profit before income tax | -1928 | -5457 | 6467 | -183 | -44 | 1446 | 0 | -77 | -41 | -143 | 45 227 | 173 412 | -88 408 | 23 463 | 8614 |
| Profit for the reporting year | -1928 | -5457 | 6467 | -183 | -94 | 1396 | -50 | -127 | -41 | -143 | 45 227 | 164 762 | -88 408 | 23 382 | 8614 |
| Labour costs | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Depreciation of non-current assets | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Other indicators | |||||||||||||||
| Employees | 2 | 3 | 1 | 1 | 0 | 0 | 0 | 0 | 0 | 0 | 4 | 15 | 18 | 16 | 8 |
| Calculated dividend | — | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 31 940 | 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.
Connections graph
Click a node to see its other connections.
Related companies
Summary: SIA "Forail Baltics"
Overview
SIA "Forail Baltics" (reg. no. 40103371019) is a limited liability company. The company was registered in 2011 and has been in the register for 15 years. Registered address: Rīga, Tvaika iela 64.
Financial results
Revenue in 2025 was 681 303 €, down 26,2% on the previous year (923 235 €). From 2011 to 2025, revenue grew by an average of 24,9% per year. Net profit for 2025 was 8614 € (1,3% of revenue). The company was profitable in 6 of the 15 published years. In 2025 the company had 8 employees (16 a year earlier). Revenue per employee was 85 163 €. At the end of 2025, total assets were 504 836 € and equity 139 542 € (27,6% 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 02.11.2026. Changes, averages and ratios are calculated by entity.lv from open data and are not an official assessment.