TITAN Baltija SIAActive
Key figures
Ratios
2021Balance sheet structure
Dividends
calculatedNo dividends were paid.
Summary of financial statements2011–2021
| 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Balance sheet — assets | |||||||||||
| Total current assets | 54 243 | 120 957 | 288 757 | 141 065 | 341 104 | 225 748 | 239 228 | 242 192 | 163 579 | 152 148 | 4800 |
| Total non-current assets | 85 061 | 79 983 | 147 159 | 287 796 | 273 624 | 333 258 | 347 720 | 313 248 | 235 594 | 226 860 | 224 360 |
| Total assets | 139 304 | 200 940 | 435 916 | 428 861 | 614 728 | 559 006 | 586 948 | 555 440 | 399 173 | 379 008 | 229 160 |
| Balance sheet — liabilities and equity | |||||||||||
| Current liabilities | 12 447 | 2974 | 48 659 | 53 685 | 143 281 | 49 227 | 70 972 | 131 532 | 70 689 | 64 964 | 35 250 |
| Non-current liabilities | 4781 | 7211 | 8598 | 9754 | 12 618 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total liabilities | 17 228 | 10 185 | 57 257 | 63 439 | 155 899 | 49 227 | 70 972 | 131 532 | 70 689 | 64 964 | 35 250 |
| Share capital | — | — | — | — | — | — | — | — | — | — | — |
| Retained earnings of previous periods | — | — | — | — | — | — | — | — | — | — | — |
| Profit for the year | 119 873 | 74 232 | 168 248 | -92 707 | 196 204 | 115 484 | 6197 | -65 328 | 11 296 | -14 440 | -120 134 |
| Total equity | 121 873 | 190 552 | 376 794 | 361 576 | 453 680 | 509 779 | 515 976 | 423 908 | 328 484 | 314 044 | 193 910 |
| Income statement | |||||||||||
| Sales revenue | 239 831 | 388 417 | 803 074 | 187 023 | 606 765 | 420 740 | 29 000 | 34 500 | 74 211 | 2240 | 5900 |
| Operating profit | 141 063 | 87 823 | 196 882 | -94 488 | 217 969 | 122 611 | 3179 | -67 793 | 11 296 | -14 440 | -120 134 |
| Profit before income tax | 141 063 | 87 332 | 197 186 | -94 488 | 217 969 | 129 172 | 6224 | -65 328 | 11 296 | -14 440 | -120 134 |
| Profit for the reporting year | 119 873 | 74 232 | 168 248 | -92 707 | 196 204 | 115 484 | 6197 | -65 328 | 11 296 | -14 440 | -120 134 |
| Labour costs | — | — | — | — | — | — | — | — | — | — | — |
| Depreciation of non-current assets | — | — | — | — | — | — | — | — | — | — | — |
| Other indicators | |||||||||||
| Employees | 1 | 1 | 1 | 2 | 2 | 3 | 3 | 2 | 2 | 2 | 1 |
| Calculated dividend | — | 5553 | 0 | 0 | 104 100 | 59 385 | 0 | 26 740 | 106 720 | 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
Summary: TITAN Baltija SIA
Overview
TITAN Baltija SIA (reg. no. 40103384600) is a limited liability company. The company was registered in 2011 and has been in the register for 15 years. Registered address: Rīga, Sliežu iela 1.
Financial results
Revenue in 2021 was 5900 €, up 163% on the previous year (2240 €). From 2011 to 2021, revenue declined by an average of 31,0% per year. 2021 ended with a loss of 120 134 €. The company was profitable in 7 of the 11 published years. In 2021 the company had 1 employees (2 a year earlier). Revenue per employee was 5900 €. At the end of 2021, total assets were 229 160 € and equity 193 910 € (84,6% of assets).
Management and owners
The board has 2 members. According to the register, the company has 2 owners. The largest stake (50%) is held by a private individual.
Points to note
The latest published annual report is for 2021.
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.