Akciju sabiedrība "Baltic RE Group"Active
Key figures
Ratios
2025Balance sheet structure
Dividends
from the reportNo dividends were paid.
Summary of financial statements2014–2025
| 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Balance sheet — assets | ||||||||||||
| Total current assets | 922 995 | 2 612 226 | 6 153 371 | 2 191 883 | 14 089 462 | 14 523 177 | 16 599 061 | 7 820 221 | 6 091 054 | 4 245 263 | 4 721 916 | 4 466 560 |
| Total non-current assets | 26 168 747 | 50 835 904 | 48 807 647 | 58 978 102 | 78 218 214 | 66 599 966 | 42 838 333 | 40 058 488 | 28 727 136 | 31 917 822 | 33 124 107 | 33 261 395 |
| Total assets | 27 091 742 | 53 448 130 | 54 961 018 | 61 169 985 | 92 307 676 | 81 123 143 | 59 437 394 | 47 878 709 | 34 818 190 | 36 163 085 | 37 846 023 | 37 727 955 |
| Balance sheet — liabilities and equity | ||||||||||||
| Current liabilities | 18 487 614 | 2 312 825 | 1 585 068 | 6 316 052 | 18 943 191 | 30 454 087 | 7 689 848 | 993 782 | 1 807 975 | 297 126 | 459 029 | 358 936 |
| Non-current liabilities | 3 736 723 | 26 411 015 | 29 113 785 | 33 809 373 | 32 765 622 | 20 294 536 | 5 622 901 | 1 500 000 | 0 | 1 949 077 | 2 931 258 | 2 455 087 |
| Total liabilities | 22 224 337 | 28 723 840 | 30 698 853 | 40 125 425 | 51 708 813 | 50 748 623 | 13 312 749 | 2 493 782 | 1 807 975 | 2 246 203 | 3 390 287 | 2 814 023 |
| Share capital | — | — | — | — | — | — | — | — | — | — | — | — |
| Retained earnings of previous periods | — | — | — | — | — | — | — | — | — | — | — | — |
| Profit for the year | -332 595 | 216 032 | 26 297 | 37 387 | 500 950 | 940 657 | -278 296 | 601 167 | 357 984 | 906 667 | 588 894 | 458 196 |
| Total equity | 4 867 405 | 24 724 290 | 24 262 165 | 21 044 560 | 40 598 863 | 30 374 520 | 46 124 645 | 45 384 927 | 33 010 215 | 33 916 882 | 34 455 736 | 34 913 932 |
| Income statement | ||||||||||||
| Sales revenue | 61 014 | 645 325 | 4 144 382 | 4 798 997 | 1 918 764 | 1 816 531 | 779 432 | 494 916 | 586 145 | 422 446 | 526 204 | 844 204 |
| Operating profit | -206 965 | 340 648 | 673 007 | 1 450 671 | 227 958 | 941 145 | 104 808 | 391 065 | -5824 | 188 543 | 37 066 | 94 319 |
| Profit before income tax | -327 731 | 230 707 | -14 107 | 314 567 | 500 950 | 945 189 | -276 533 | 601 167 | 361 542 | 906 883 | 588 894 | 458 205 |
| Profit for the reporting year | -332 595 | 216 032 | 26 297 | 37 387 | 500 950 | 940 657 | -278 296 | 601 167 | 357 984 | 906 667 | 588 894 | 458 196 |
| Labour costs | — | — | — | — | — | — | — | — | — | — | — | — |
| Depreciation of non-current assets | — | — | — | — | — | — | — | — | — | — | — | — |
| Other indicators | ||||||||||||
| Employees | 3 | 7 | 24 | 33 | 12 | 13 | 18 | 17 | 17 | 13 | 13 | 12 |
| Calculated dividend | 0 | 0 | 0 | 0 | 0 | 0 | 10 955 657 | 0 | 0 | 0 | 0 | 0 |
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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Summary: Akciju sabiedrība "Baltic RE Group"
Overview
Akciju sabiedrība "Baltic RE Group" (reg. no. 40103716434) is a joint-stock company. The company was registered in 2013 and has been in the register for 13 years. Registered address: Rīga, Šķūņu iela 19.
Financial results
Revenue in 2025 was 844 204 €, up 60,4% on the previous year (526 204 €). From 2014 to 2025, revenue grew by an average of 27,0% per year. Net profit for 2025 was 458 196 € (54,3% of revenue). The company was profitable in 10 of the 12 published years. In 2025 the company had 12 employees (13 a year earlier). Revenue per employee was 70 350 €. At the end of 2025, total assets were 37 727 955 € and equity 34 913 932 € (92,5% of assets).
Management and owners
The board has 2 members. The company holds stakes in 6 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.