SIA "BALTIC AUDIO DISTRIBUTION"Active

40103494845Limited liability companyFounded 2011

Key figures

4 274 779 €-2,4%
Revenue 2025
+65,3%
Average annual growth 2012–2025
02 m4 m6 m’12’13’14’15’16’17’18’19’20’21’22’23’24’25

Ratios

2025
Balance sheet structure
Current assetsNon-current assetsLiabilitiesEquity
0200 k400 k600 k’12’13’14’15’16’17’18’19’20’21’22’23’24’25

Dividends

calculated
2025

Paid out in dividends approximately 140 001 € (30% 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).

History
2025 ~140 001 €
2024 ~178 625 €
2023 ~11 250 €
2022 ~37 501 €
20210 €
20200 €
20190 €
20180 €
20170 €
20160 €
20150 €
20140 €
20130 €
Summary of financial statements2012–2025
20122013201420152016201720182019202020212022202320242025
Balance sheet — assets
Total current assets822529 19455 43767 792106 185160 679228 188287 936367 312543 354389 068351 694460 333472 921
Total non-current assets9017 65516 34512 62390926066857210 28516 06912 747860046 40538 30226 327
Total assets831546 84971 78280 415115 277166 745236 760298 221383 381556 101397 668398 099498 635499 248
Balance sheet — liabilities and equity
Current liabilities439110 36827 85220 43530 92260 188129 410154 043165 920187 29341 22870 79129 93929 455
Non-current liabilities030 51037 54859 48085 363121 31600000000
Total liabilities439140 87865 40079 915116 285181 504129 410154 043165 920187 29341 22870 79129 93929 455
Share capital——————————————
Retained earnings of previous periods——————————————
Profit for the year19242047-2114-5882-1508-13 749122 10936 82773 283151 34725 133-17 882320 013141 098
Total equity392459716382500-1008-14 759107 350144 178217 461368 808356 440327 308468 696469 793
Income statement
Sales revenue620458 69448 122122 894116 799238 189376 350934 3541 220 3831 978 6513 135 6183 778 0804 380 6184 274 779
Operating profit22682047-2114-58821459-8194121 58137 04573 283151 73025 133-17 882320 013176 150
Profit before income tax22682047-2114-5882-857-13 749122 10937 04573 283151 73025 133-17 882320 013176 150
Profit for the reporting year19242047-2114-5882-1508-13 749122 10936 82773 283151 34725 133-17 882320 013141 098
Labour costs——————————————
Depreciation of non-current assets——————————————
Other indicators
Employees13333345556766
Calculated dividend—00000000037 50111 250178 625140 001

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
100%SIA "BALTIC AUDIO DIS…Zeļenkovecs Genādijs
CompanyPersonShareholderOther roleAdditional link

Related companies

Summary: SIA "BALTIC AUDIO DISTRIBUTION"

Overview

SIA "BALTIC AUDIO DISTRIBUTION" (reg. no. 40103494845) is a limited liability company. The company was registered in 2011 and has been in the register for 14 years. Registered address: Rīga, Elizabetes iela 31 - 2.

Financial results

Revenue in 2025 was 4 274 779 €, down 2,4% on the previous year (4 380 618 €). From 2012 to 2025, revenue grew by an average of 65,3% per year. Net profit for 2025 was 141 098 € (3,3% of revenue). The company was profitable in 9 of the 14 published years. In 2025 the company had 6 employees. Revenue per employee was 712 463 €. At the end of 2025, total assets were 499 248 € and equity 469 793 € (94,1% 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 03.11.2026. Changes, averages and ratios are calculated by entity.lv from open data and are not an official assessment.