SIA "Baltic Rental Service"Active
Key figures
Ratios
2025Balance sheet structure
Dividends
calculatedPaid out in dividends approximately 22 300 € (6% 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).
Summary of financial statements2014–2025
| 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Balance sheet — assets | ||||||||||||
| Total current assets | 9389 | 21 677 | 43 424 | 79 807 | 31 663 | 45 267 | 214 146 | 195 826 | 98 378 | 280 207 | 392 260 | 486 844 |
| Total non-current assets | 16 595 | 52 091 | 50 914 | 52 996 | 106 220 | 117 501 | 183 513 | 156 641 | 339 968 | 107 702 | 43 745 | 27 928 |
| Total assets | 25 984 | 73 768 | 94 338 | 132 803 | 137 883 | 162 768 | 397 659 | 352 467 | 438 346 | 387 909 | 436 005 | 514 772 |
| Balance sheet — liabilities and equity | ||||||||||||
| Current liabilities | 5565 | 27 211 | 25 046 | 13 342 | 49 368 | 77 226 | 144 877 | 82 234 | 122 821 | 33 367 | 66 726 | 149 545 |
| Non-current liabilities | 12 001 | 9865 | 0 | 0 | 9276 | 0 | 709 | 0 | 0 | 0 | 0 | 0 |
| Total liabilities | 17 566 | 37 076 | 25 046 | 13 342 | 58 644 | 77 226 | 145 586 | 82 234 | 122 821 | 33 367 | 66 726 | 149 545 |
| Share capital | — | — | — | — | — | — | — | — | — | — | — | — |
| Retained earnings of previous periods | — | — | — | — | — | — | — | — | — | — | — | — |
| Profit for the year | 5572 | 28 274 | 60 880 | 50 169 | 7877 | 74 825 | 184 781 | 68 060 | 53 342 | 63 667 | 237 187 | 18 248 |
| Total equity | 8418 | 36 692 | 69 292 | 119 461 | 79 239 | 85 542 | 252 073 | 270 233 | 315 525 | 354 542 | 369 279 | 365 227 |
| Income statement | ||||||||||||
| Sales revenue | 13 554 | 86 948 | 191 531 | 189 136 | 255 995 | 279 291 | 814 092 | 858 041 | 195 761 | 210 420 | 206 794 | 388 370 |
| Operating profit | 5572 | 30 656 | 59 201 | 43 689 | -7102 | 74 825 | 191 153 | 83 952 | 58 786 | 73 456 | 292 801 | 23 823 |
| Profit before income tax | 5572 | 30 596 | 70 784 | 58 354 | 7877 | 74 825 | 189 344 | 80 537 | 55 355 | 69 830 | 292 801 | 23 823 |
| Profit for the reporting year | 5572 | 28 274 | 60 880 | 50 169 | 7877 | 74 825 | 184 781 | 68 060 | 53 342 | 63 667 | 237 187 | 18 248 |
| Labour costs | — | — | — | — | — | — | — | — | — | — | — | — |
| Depreciation of non-current assets | — | — | — | — | — | — | — | — | — | — | — | — |
| Other indicators | ||||||||||||
| Employees | 1 | 5 | 8 | 10 | 13 | 14 | 15 | 12 | 8 | 5 | 7 | 8 |
| Calculated dividend | — | 0 | 28 280 | 0 | 48 099 | 68 522 | 18 250 | 49 900 | 8050 | 24 650 | 222 450 | 22 300 |
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: SIA "Baltic Rental Service"
Overview
SIA "Baltic Rental Service" (reg. no. 40103742028) is a limited liability company. The company was registered in 2013 and has been in the register for 12 years. Registered address: Rīga, Krustpils iela 62C.
Financial results
Revenue in 2025 was 388 370 €, up 87,8% on the previous year (206 794 €). From 2014 to 2025, revenue grew by an average of 35,7% per year. Net profit for 2025 was 18 248 € (4,7% of revenue). The company was profitable in all 12 published years. In 2025 the company had 8 employees (7 a year earlier). Revenue per employee was 48 546 €. At the end of 2025, total assets were 514 772 € and equity 365 227 € (70,9% of assets).
Management and owners
The board has 2 members. According to the register, the company has 2 owners. The largest stake (55%) is held by a private individual.
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.