SIA Cakes and Bakes LatviaActive
Key figures
Ratios
2025Balance sheet structure
Summary of financial statements2015–2025
| 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Balance sheet — assets | |||||||||||
| Total current assets | 459 076 | 305 508 | 247 196 | 508 963 | 705 799 | 217 515 | 1 221 736 | 1 116 344 | 698 987 | 624 338 | 489 586 |
| Total non-current assets | 190 111 | 501 040 | 803 505 | 666 666 | 517 096 | 240 327 | 83 930 | 450 930 | 444 338 | 202 120 | 153 644 |
| Total assets | 649 187 | 806 548 | 1 050 701 | 1 175 629 | 1 222 895 | 457 842 | 1 305 666 | 1 567 274 | 1 143 325 | 826 458 | 643 230 |
| Balance sheet — liabilities and equity | |||||||||||
| Current liabilities | 79 263 | 159 404 | 552 751 | 490 686 | 469 911 | 469 527 | 671 194 | 814 534 | 610 842 | 665 658 | 702 016 |
| Non-current liabilities | 0 | 0 | 0 | 62 500 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total liabilities | 79 263 | 159 404 | 552 751 | 553 186 | 469 911 | 469 527 | 671 194 | 814 534 | 610 842 | 665 658 | 702 016 |
| Share capital | — | — | — | — | — | — | — | — | — | — | — |
| Retained earnings of previous periods | — | — | — | — | — | — | — | — | — | — | — |
| Profit for the year | -49 385 | 96 529 | -149 194 | 124 493 | 130 541 | -764 669 | 246 157 | 118 268 | -220 257 | -371 683 | -219 586 |
| Total equity | 550 615 | 647 144 | 497 950 | 622 443 | 752 984 | -11 685 | 634 472 | 752 740 | 532 483 | 160 800 | -58 786 |
| Income statement | |||||||||||
| Sales revenue | 1 463 420 | 2 194 016 | 2 305 254 | 3 506 052 | 4 076 594 | 1 048 155 | 1 451 439 | 4 818 335 | 6 410 345 | 6 584 361 | 6 499 377 |
| Operating profit | -49 385 | 96 529 | -149 194 | 137 882 | 136 200 | -764 669 | 246 157 | 118 268 | -217 064 | -379 664 | -220 638 |
| Profit before income tax | -49 385 | 96 529 | -149 194 | 124 569 | 130 541 | -764 669 | 246 157 | 118 268 | -210 591 | -371 683 | -219 586 |
| Profit for the reporting year | -49 385 | 96 529 | -149 194 | 124 493 | 130 541 | -764 669 | 246 157 | 118 268 | -220 257 | -371 683 | -219 586 |
| Labour costs | — | — | — | — | — | — | — | — | — | — | — |
| Depreciation of non-current assets | — | — | — | — | — | — | — | — | — | — | — |
| Other indicators | |||||||||||
| Employees | 27 | 27 | 45 | 66 | 65 | 50 | 34 | 66 | 96 | 92 | 82 |
| Calculated dividend | 0 | 0 | 0 | 0 | 0 | 0 | 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: SIA Cakes and Bakes Latvia
Overview
SIA Cakes and Bakes Latvia (reg. no. 40103858212) is a limited liability company. The company was registered in 2014 and has been in the register for 11 years. Registered address: Mārupes nov., Mārupes pag., Lidosta "Rīga", "Lidosta "Rīga" 10/1".
Financial results
Revenue in 2025 was 6 499 377 €, down 1,3% on the previous year (6 584 361 €). From 2015 to 2025, revenue grew by an average of 16,1% per year. 2025 ended with a loss of 219 586 €. The company was profitable in 5 of the 11 published years. In 2025 the company had 82 employees (92 a year earlier). Revenue per employee was 79 261 €.
Management and owners
The board has 2 members. The sole owner of the company is BTA Havalimanlari Yiyecek ve Icecek Hizmetleri A.S..
Points to note
Equity was negative at the end of 2025 (-58 786 €).
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.