SIA "Rail Balt"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 | 46 881 | 766 875 | 2 161 321 | 3 492 253 | 2 981 322 | 1 354 234 | 1 270 502 | 1 635 269 | 792 663 | 1 088 634 | 1 672 957 | 737 031 | 609 124 | 389 206 | 499 958 |
| Total non-current assets | 0 | 80 109 | 79 709 | 84 443 | 66 443 | 386 529 | 371 589 | 375 845 | 473 310 | 132 789 | 131 744 | 24 037 | 42 699 | 36 398 | 39 428 |
| Total assets | 46 881 | 846 984 | 2 241 030 | 3 576 696 | 3 047 765 | 1 740 763 | 1 642 091 | 2 011 114 | 1 265 973 | 1 221 423 | 1 804 701 | 761 068 | 651 823 | 425 604 | 539 386 |
| Balance sheet — liabilities and equity | |||||||||||||||
| Current liabilities | 46 431 | 653 479 | 1 884 450 | 3 282 846 | 2 535 762 | 1 459 345 | 1 433 029 | 1 113 860 | 701 939 | 710 209 | 1 347 240 | 467 114 | 317 370 | 148 104 | 280 449 |
| Non-current liabilities | 0 | 2863 | 2372 | 540 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 15 000 | 41 100 | 10 409 |
| Total liabilities | 46 431 | 656 342 | 1 886 822 | 3 283 386 | 2 535 762 | 1 459 345 | 1 433 029 | 1 113 860 | 701 939 | 710 209 | 1 347 240 | 467 114 | 332 370 | 189 204 | 290 858 |
| Share capital | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Retained earnings of previous periods | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Profit for the year | -1550 | 133 420 | 241 014 | 120 070 | 152 535 | -184 651 | -72 356 | 688 192 | -195 158 | -52 820 | -53 753 | -163 507 | 25 499 | -83 053 | 12 128 |
| Total equity | 450 | 181 870 | 329 884 | 246 521 | 398 912 | 214 261 | 141 905 | 830 097 | 564 034 | 511 214 | 457 461 | 293 954 | 319 453 | 236 400 | 248 528 |
| Income statement | |||||||||||||||
| Sales revenue | 0 | 1 098 912 | 2 589 309 | 4 726 333 | 7 756 367 | 1 030 894 | 476 763 | 2 233 176 | 647 137 | 896 235 | 1 379 410 | 1 576 765 | 1 394 103 | 865 175 | 793 526 |
| Operating profit | -1534 | 160 830 | 290 404 | 175 736 | 221 154 | -187 671 | -92 187 | 667 518 | -218 671 | -75 847 | -74 855 | -170 635 | 28 028 | -83 495 | 13 216 |
| EBITDA | -1534 | 165 933 | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Profit before income tax | -1550 | 156 715 | 279 738 | 160 571 | 192 961 | -184 651 | -72 356 | 688 507 | -194 923 | -52 820 | -53 484 | -155 302 | 28 028 | -83 053 | 12 185 |
| Profit for the reporting year | -1550 | 133 420 | 241 014 | 120 070 | 152 535 | -184 651 | -72 356 | 688 192 | -195 158 | -52 820 | -53 753 | -163 507 | 25 499 | -83 053 | 12 128 |
| Labour costs | 1333 | 141 766 | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Depreciation of non-current assets | 0 | 5103 | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Other indicators | |||||||||||||||
| Employees | 6 | 31 | 48 | 52 | 41 | 25 | 24 | 38 | 33 | 36 | 40 | 34 | 27 | 24 | 24 |
| Calculated dividend | — | 0 | 0 | 132 327 | 0 | 0 | 0 | 0 | 70 905 | 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 "Rail Balt"
Overview
SIA "Rail Balt" (reg. no. 40103402893) is a limited liability company. The company was registered in 2011 and has been in the register for 15 years. Registered address: Rīga, Gunāra Astras iela 8B.
Financial results
Revenue in 2025 was 793 526 €, down 8,3% on the previous year (865 175 €). Net profit for 2025 was 12 128 € (1,5% of revenue). The company was profitable in 7 of the 15 published years. In 2025 the company had 24 employees. Revenue per employee was 33 064 €. At the end of 2025, total assets were 539 386 € and equity 248 528 € (46,1% of assets).
Management and owners
The board has 2 members. The sole owner of the company is Sabiedrība ar ierobežotu atbildību "DB Projekts".
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.