SIA "ARX Baltic"Active

40103546757Limited liability companyFounded 2012

Key figures

3 274 011 €-16,9%
Revenue 2023
+29,4%
Average annual growth 2012–2023
02 m4 m6 m’12’13’14’15’16’17’18’19’20’21’22’23

Ratios

2023
Balance sheet structure
Current assetsNon-current assetsLiabilitiesEquity
01 m2 m3 m’12’13’14’15’16’17’18’19’20’21’22’23

Dividends

calculated
2023

Paid out in dividends approximately 336 775 € (36% 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
2023 ~336 775 €
2022 ~100 000 €
2021 ~100 000 €
20200 €
2019 ~241 321 €
2018 ~206 268 €
2017 ~120 000 €
2016 ~130 105 €
2015484 916 €
20140 €
20130 €
Summary of financial statements2012–2023
201220132014201520162017201820192020202120222023
Balance sheet — assets
Total current assets77 731445 464784 876472 686352 171402 9871 146 001875 2941 029 0481 745 5182 008 837959 153
Total non-current assets241321 879193 913119 915263 926381 622362 926347 500337 520465 865483 178345 503
Total assets80 144467 343978 789592 601616 097784 6091 508 9271 222 7941 366 5682 211 3832 492 0151 304 656
Balance sheet — liabilities and equity
Current liabilities33 519247 542363 108351 614319 679433 219800 135642 391621 9851 333 2071 568 7981 694 647
Non-current liabilities03457101 21074 61678 12133 80135 27027 76017 721000
Total liabilities33 519250 999464 318426 230397 800467 020835 405670 151639 7061 333 2071 568 7981 694 647
Share capital————————————
Retained earnings of previous periods————————————
Profit for the year44 625126 690182 157137 588190 814219 292562 201120 442174 219251 314145 041-976 433
Total equity46 625214 780504 915157 588218 297317 589673 522552 643726 862878 176923 217-389 991
Income statement
Sales revenue192 3641 098 8121 833 2341 678 4432 537 4102 748 9383 857 3535 701 5413 928 3483 081 9623 938 5483 274 011
Operating profit52 637163 894221 480165 450226 256265 920569 495154 620186 203325 938281 074-887 236
Profit before income tax52 326151 464213 902162 443223 560256 720562 201150 442181 719276 314205 781-976 433
Profit for the reporting year44 625126 690182 157137 588190 814219 292562 201120 442174 219251 314145 041-976 433
Labour costs————————————
Depreciation of non-current assets————————————
Other indicators
Employees358879888134052
Calculated dividend—00484 916130 105120 000206 268241 3210100 000100 000336 775

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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100%SIA "ARX Baltic"2Šmalca Nataļja2Šmalcs Mārtiņš
CompanyPersonShareholderOther roleAdditional link

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Summary: SIA "ARX Baltic"

Overview

SIA "ARX Baltic" (reg. no. 40103546757) is a limited liability company. The company was registered in 2012 and has been in the register for 14 years. Registered address: Rīga, Kārļa Ulmaņa gatve 3.

Financial results

Revenue in 2023 was 3 274 011 €, down 16,9% on the previous year (3 938 548 €). From 2012 to 2023, revenue grew by an average of 29,4% per year. 2023 ended with a loss of 976 433 €. The company was profitable in 11 of the 12 published years. In 2023 the company had 52 employees (40 a year earlier). Revenue per employee was 62 962 €.

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 2023 (-389 991 €). The latest published annual report is for 2023.

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.