SIA "MT Baltics"Active

40103551207Limited liability companyFounded 2012

Key figures

29 780 657 €+47,7%
Revenue 2025
+80,0%
Average annual growth 2012–2025
010 m20 m30 m’12’13’14’15’16’17’18’19’20’21’22’23’24’25

Ratios

2025
Balance sheet structure
Current assetsNon-current assetsLiabilitiesEquity
01 m2 m3 m’12’13’14’15’16’17’18’19’20’21’22’23’24’25

Dividends

calculated
2025

Paid out in dividends approximately 300 000 € (22% 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 ~300 000 €
2024 ~300 000 €
2023 ~125 000 €
2022 ~124 999 €
2021 ~200 000 €
20200 €
20190 €
2018 ~50 458 €
20170 €
20160 €
20150 €
2014 ~13 251 €
20130 €
Summary of financial statements2012–2025
20122013201420152016201720182019202020212022202320242025
Balance sheet — assets
Total current assets996816 29528213731731183 222390 435779 023783 3031 249 3411 468 0711 548 4772 114 9822 888 208
Total non-current assets000004259111014033 040305575643328586 483
Total assets996816 29528213731731187 481391 545779 163816 3431 252 3961 468 8271 548 9102 115 2672 974 691
Balance sheet — liabilities and equity
Current liabilities57533410852494706133 986219 269265 99152 306425 421297 385267 139748 860632 672
Non-current liabilities00000000000000
Total liabilities57533410852494706133 986219 269265 99152 306425 421297 385267 139748 860632 672
Share capital——————————————
Retained earnings of previous periods——————————————
Profit for the year93836568-974-499-98750 458169 239340 896250 865262 938469 466235 329384 6361 275 612
Total equity939315 9611736123725053 495172 276513 172764 037826 9751 171 4421 281 7711 366 4072 342 019
Income statement
Sales revenue14 30014 00017 35517 60817 850862 9003 971 5866 377 7418 557 0189 125 83512 289 93411 174 73220 165 76629 780 657
Operating profit93836568-974-499-98759 294169 335329 847249 532311 899501 577268 600466 7831 346 871
Profit before income tax93836568-974-499-98759 294169 239343 016250 980313 230501 577266 612459 6651 334 362
Profit for the reporting year93836568-974-499-98750 458169 239340 896250 865262 938469 466235 329384 6361 275 612
Labour costs——————————————
Depreciation of non-current assets——————————————
Other indicators
Employees11122122334478
Calculated dividend—013 25100050 45800200 000124 999125 000300 000300 000

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

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100%SIA "MT Baltics"SIA "Teize"1Bušmanis Arnis2Baduns Jānis
CompanyPersonShareholderOther roleAdditional link

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Summary: SIA "MT Baltics"

Overview

SIA "MT Baltics" (reg. no. 40103551207) is a limited liability company. The company was registered in 2012 and has been in the register for 14 years. Registered address: Mārupes nov., Mārupe, Dzirnieku iela 24.

Financial results

Revenue in 2025 was 29 780 657 €, up 47,7% on the previous year (20 165 766 €). From 2012 to 2025, revenue grew by an average of 80,0% per year. This is the company's highest revenue among the published years (2012–2025). Net profit for 2025 was 1 275 612 € (4,3% of revenue). The company was profitable in 11 of the 14 published years. In 2025 the company had 8 employees (7 a year earlier). Revenue per employee was 3 722 582 €. At the end of 2025, total assets were 2 974 691 € and equity 2 342 019 € (78,7% of assets).

Management and owners

The board has 2 members. The sole owner of the company is SIA "Teize".

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.