SIA "Bavaria paint"Active
Key figures
Ratios
2025Balance sheet structure
Dividends
calculatedPaid out in dividends approximately 49 000 € (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).
Summary of financial statements2014–2025
| 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Balance sheet — assets | ||||||||||||
| Total current assets | 13 545 | 19 672 | 20 427 | 20 504 | 30 818 | 53 718 | 51 165 | 56 973 | 84 120 | 186 913 | 270 184 | 338 089 |
| Total non-current assets | 19 590 | 16 861 | 12 988 | 9430 | 6502 | 4919 | 3903 | 4334 | 5660 | 3718 | 14 942 | 21 718 |
| Total assets | 33 135 | 36 533 | 33 415 | 29 934 | 37 320 | 58 637 | 55 068 | 61 307 | 89 780 | 190 631 | 285 126 | 359 807 |
| Balance sheet — liabilities and equity | ||||||||||||
| Current liabilities | 33 864 | 28 066 | 25 342 | 22 148 | 31 525 | 13 437 | 14 276 | 28 421 | 36 399 | 45 853 | 60 727 | 73 778 |
| Non-current liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total liabilities | 33 864 | 28 066 | 25 342 | 22 148 | 31 525 | 13 437 | 14 276 | 28 421 | 36 399 | 45 853 | 60 727 | 73 778 |
| Share capital | — | — | — | — | — | — | — | — | — | — | — | — |
| Retained earnings of previous periods | — | — | — | — | — | — | — | — | — | — | — | — |
| Profit for the year | -3729 | 9196 | 4606 | -155 | -1991 | 39 405 | 5592 | 5775 | 38 995 | 129 396 | 114 552 | 110 630 |
| Total equity | -729 | 8467 | 8073 | 7786 | 5795 | 45 200 | 40 792 | 32 886 | 53 381 | 144 778 | 224 399 | 286 029 |
| Income statement | ||||||||||||
| Sales revenue | 8351 | 89 308 | 145 118 | 141 841 | 133 635 | 223 614 | 173 790 | 243 460 | 454 106 | 637 315 | 707 416 | 894 044 |
| Operating profit | -3729 | 9541 | 5309 | -10 | -1991 | 39 405 | 5592 | 5775 | 38 995 | 129 396 | 114 552 | 110 630 |
| Profit before income tax | -3729 | 9541 | 5309 | -10 | -1991 | 39 405 | 5592 | 5775 | 38 995 | 129 396 | 114 552 | 110 630 |
| Profit for the reporting year | -3729 | 9196 | 4606 | -155 | -1991 | 39 405 | 5592 | 5775 | 38 995 | 129 396 | 114 552 | 110 630 |
| Labour costs | — | — | — | — | — | — | — | — | — | — | — | — |
| Depreciation of non-current assets | — | — | — | — | — | — | — | — | — | — | — | — |
| Other indicators | ||||||||||||
| Employees | 1 | 5 | 7 | 7 | 6 | 7 | 8 | 10 | 11 | 11 | 13 | 16 |
| Calculated dividend | — | 0 | 5000 | 0 | 0 | 0 | 10 000 | 13 681 | 18 500 | 37 999 | 34 931 | 49 000 |
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 "Bavaria paint"
Overview
SIA "Bavaria paint" (reg. no. 40103812344) is a limited liability company. The company was registered in 2014 and has been in the register for 12 years. Registered address: Rīga, Siltuma iela 12.
Financial results
Revenue in 2025 was 894 044 €, up 26,4% on the previous year (707 416 €). From 2014 to 2025, revenue grew by an average of 52,9% per year. This is the company's highest revenue among the published years (2014–2025). Net profit for 2025 was 110 630 € (12,4% of revenue). The company was profitable in 9 of the 12 published years. In 2025 the company had 16 employees (13 a year earlier). Revenue per employee was 55 878 €. At the end of 2025, total assets were 359 807 € and equity 286 029 € (79,5% of assets).
Management and owners
The board has 2 members. According to the register, the company has 2 owners. The largest stake (50%) 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.