SIA "International Baltic Operations"Active

40103536212Limited liability companyFounded 2012

Key figures

23 650 €+6,5%
Revenue 2025
+19,9%
Average annual growth 2012–2025
010 k20 k30 k’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
Summary of financial statements2012–2025
20122013201420152016201720182019202020212022202320242025
Balance sheet — assets
Total current assets201550125727848249664734598867713 003184812 51014 58610 0858085
Total non-current assets98 51093 414126 226118 696111 167103 91796 66689 41682 16690 816442 556444 297447 678455 136
Total assets100 52598 426131 953127 178116 133104 390101 26498 09395 16992 664455 066458 883457 763463 221
Balance sheet — liabilities and equity
Current liabilities101 44698 280156 998176 242182 150160 409167 529170 724156 463169 924533 498510 930505 565467 958
Non-current liabilities00000000000000
Total liabilities101 44698 280156 998176 242182 150160 409167 529170 724156 463169 924533 498510 930505 565467 958
Share capital——————————————
Retained earnings of previous periods——————————————
Profit for the year-29581067-25 200-24 013-19 3729998-10 246-636613 756-15 966-117226 385424443 065
Total equity-958109-25 045-49 064-68 436-58 438-68 684-75 050-61 294-77 260-78 432-52 047-47 802-4737
Income statement
Sales revenue224039125460440154245115532653205640564012 96221 06422 20623 650
Operating profit-29581136-24 605-23 368-19 32210 337-10 246-631613 806-15 916-112224 890240941 468
Profit before income tax-29581136-24 605-23 368-19 32210 337-10 246-631613 806-15 916-112226 435429443 115
Profit for the reporting year-29581067-25 200-24 013-19 3729998-10 246-636613 756-15 966-117226 385424443 065
Labour costs——————————————
Depreciation of non-current assets——————————————
Other indicators
Employees11000000000000
Calculated dividend—0000000000000

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 "International Ba…Solovyev Mikhail
CompanyPersonShareholderOther roleAdditional link

Summary: SIA "International Baltic Operations"

Overview

SIA "International Baltic Operations" (reg. no. 40103536212) is a limited liability company. The company was registered in 2012 and has been in the register for 14 years. Registered address: Rīga, Grostonas iela 25 - 6.

Financial results

Revenue in 2025 was 23 650 €, up 6,5% on the previous year (22 206 €). From 2012 to 2025, revenue grew by an average of 19,9% per year. This is the company's highest revenue among the published years (2012–2025). Net profit for 2025 was 43 065 € (182% of revenue). The company was profitable in 6 of the 14 published years. According to the report, the company had no employees in 2025.

Management and owners

The company has one board member. The sole owner of the company is a private individual.

Points to note

Equity was negative at the end of 2025 (-4737 €).

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.