PHOENIX Baltics Holding SIAActive
Key figures
Ratios
2025Balance sheet structure
Dividends
from the reportDividends paid 18 500 000 € (16% of equity at the end of the previous year).
Summary of financial statements2013–2025
| 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Balance sheet — assets | |||||||||||||
| Total current assets | 75 075 367 | 0 | 262 | 6 529 489 | 17 461 857 | 150 009 | 27 833 | 3 | 29 | 49 | 90 | 130 | 169 |
| Total non-current assets | 113 005 000 | 113 005 000 | 113 005 000 | 113 005 000 | 113 005 000 | 113 005 000 | 113 005 000 | 113 005 000 | 113 005 000 | 113 005 000 | 113 005 000 | 113 005 000 | 113 005 000 |
| Total assets | 188 080 367 | 113 005 000 | 113 005 262 | 119 534 489 | 130 466 857 | 113 155 009 | 113 032 833 | 113 005 003 | 113 005 029 | 113 005 049 | 113 005 090 | 113 005 130 | 113 005 169 |
| Balance sheet — liabilities and equity | |||||||||||||
| Current liabilities | 113 046 571 | 39 639 334 | 4 934 837 | 121 310 | 30 088 488 | 26 825 | 6 021 466 | 30 891 | 30 483 | 40 245 | 6384 | 25 216 | 16 575 |
| Non-current liabilities | 0 | 0 | 30 000 000 | 30 000 000 | 0 | 6 000 000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total liabilities | 113 046 571 | 39 639 334 | 34 934 837 | 30 121 310 | 30 088 488 | 6 026 825 | 6 021 466 | 30 891 | 30 483 | 40 245 | 6384 | 25 216 | 16 575 |
| Share capital | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Retained earnings of previous periods | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Profit for the year | -116 204 | -1 668 130 | 4 704 759 | 11 342 754 | 10 965 190 | 6 749 815 | -116 817 | 12 262 745 | 12 100 434 | 24 990 258 | 18 533 902 | 18 481 209 | 18 508 680 |
| Total equity | 75 033 796 | 73 365 666 | 78 070 425 | 89 413 179 | 100 378 369 | 107 128 184 | 107 011 367 | 112 974 112 | 112 974 546 | 112 964 804 | 112 998 706 | 112 979 914 | 112 988 594 |
| Income statement | |||||||||||||
| Sales revenue | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Operating profit | -116 219 | -23 473 | 6 050 317 | -5745 | -12 155 | -10 187 | -8652 | -12 071 | -11 054 | -11 403 | -13 967 | -21 357 | -13 238 |
| Profit before income tax | -116 204 | -1 668 130 | 4 704 809 | 11 342 854 | 10 965 240 | 6 749 865 | -116 767 | 12 262 795 | 12 100 484 | 24 990 308 | 18 533 952 | 18 481 259 | 18 508 730 |
| Profit for the reporting year | -116 204 | -1 668 130 | 4 704 759 | 11 342 754 | 10 965 190 | 6 749 815 | -116 817 | 12 262 745 | 12 100 434 | 24 990 258 | 18 533 902 | 18 481 209 | 18 508 680 |
| Labour costs | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Depreciation of non-current assets | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Other indicators | |||||||||||||
| Employees | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Calculated dividend | — | 0 | 0 | 0 | 0 | 0 | 0 | 6 300 000 | 12 100 000 | 25 000 000 | 18 500 000 | 18 500 000 | 18 500 000 |
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
Click a node to see its other connections.
Related companies
Summary: PHOENIX Baltics Holding SIA
Overview
PHOENIX Baltics Holding SIA (reg. no. 40103697773) is a limited liability company. The company was registered in 2013 and has been in the register for 13 years. Registered address: Ropažu nov., Stopiņu pag., Dreiliņi, Noliktavu iela 5.
Financial results
There was no revenue in 2025. Net profit for 2025 was 18 508 680 €. The company was profitable in 10 of the 13 published years. According to the report, the company had no employees in 2025. At the end of 2025, total assets were 113 005 169 € and equity 112 988 594 € (100,0% of assets).
Management and owners
The board has 5 members. The sole owner of the company is PHOENIX International Holdings GmbH. The company holds stakes in 3 active Latvian companies.
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.