SIA "GRM Baltic"Active

40103477915Limited liability companyFounded 2011

Key figures

12 205 €+7,8%
Revenue 2025
-5,2%
Average annual change 2013–2025
010 k20 k30 k40 k’13’14’15’16’17’18’19’20’21’22’23’24’25

Ratios

2025
Balance sheet structure
Current assetsNon-current assetsLiabilitiesEquity
010 k20 k30 k’13’14’15’16’17’18’19’20’21’22’23’24’25
Summary of financial statements2013–2025
2013201420152016201720182019202020212022202320242025
Balance sheet — assets
Total current assets516811 09111 66117 37421 51420 45722 94412 122922164867623819510 599
Total non-current assets23316000000000000
Total assets540111 25111 66117 37421 51420 45722 94412 122922164867623819510 599
Balance sheet — liabilities and equity
Current liabilities06441568410 28013 56912 44219 00812 03210 409567814684347
Non-current liabilities3050000000000000
Total liabilities30506441568410 28013 56912 44219 00812 03210 409567814684347
Share capital—————————————
Retained earnings of previous periods—————————————
Profit for the year78714641173111785170-4079-3846-12781996534719972400
Total equity235148105977709479458015393690-11888086155815210 552
Income statement
Sales revenue23 26131 77132 49725 59822 32519 51512 86315 74514 06316 17917 19011 32312 205
Operating profit118323882276130932170-3561-3296-10021996534719972400
Profit before income tax844173213991309100170-4079-3846-12781996534719972400
Profit for the reporting year78714641173111785170-4079-3846-12781996534719972400
Labour costs—————————————
Depreciation of non-current assets—————————————
Other indicators
Employees1222222211111
Calculated dividend—000000000000

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
50%50%SIA "GRM Baltic"Beļikovs OļegsButsenin Igor
CompanyPersonShareholderOther roleAdditional link

Summary: SIA "GRM Baltic"

Overview

SIA "GRM Baltic" (reg. no. 40103477915) is a limited liability company. The company was registered in 2011 and has been in the register for 14 years. Registered address: Rīga, Lāčplēša iela 87.

Financial results

Revenue in 2025 was 12 205 €, up 7,8% on the previous year (11 323 €). From 2013 to 2025, revenue declined by an average of 5,2% per year. Net profit for 2025 was 2400 € (19,7% of revenue). The company was profitable in 10 of the 13 published years. In 2025 the company had 1 employees. Revenue per employee was 12 205 €. At the end of 2025, total assets were 10 599 € and equity 10 552 € (99,6% 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.

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.