Sabiedrība ar ierobežotu atbildību "BALTIC PAPER"Active
Key figures
Ratios
2025Balance sheet structure
Dividends
from the reportNo dividends were paid.
Summary of financial statements2015–2025
| 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Balance sheet — assets | |||||||||||
| Total current assets | 238 365 | 422 759 | 415 575 | 350 908 | 407 893 | 481 490 | 867 658 | 513 726 | 421 635 | 460 709 | 410 973 |
| Total non-current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total assets | 238 365 | 422 759 | 415 575 | 350 908 | 407 893 | 481 490 | 867 658 | 513 726 | 421 635 | 460 709 | 410 973 |
| Balance sheet — liabilities and equity | |||||||||||
| Current liabilities | 235 387 | 406 910 | 353 061 | 229 378 | 345 149 | 383 848 | 740 973 | 145 588 | 56 158 | 132 407 | 32 190 |
| Non-current liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total liabilities | 235 387 | 406 910 | 353 061 | 229 378 | 345 149 | 383 848 | 740 973 | 145 588 | 56 158 | 132 407 | 32 190 |
| Share capital | — | — | — | — | — | — | — | — | — | — | — |
| Retained earnings of previous periods | — | — | — | — | — | — | — | — | — | — | — |
| Profit for the year | 178 | 12 871 | 59 714 | 109 016 | 11 214 | 59 898 | 123 885 | 272 703 | -2661 | 2825 | 50 481 |
| Total equity | 2978 | 15 849 | 62 514 | 121 530 | 62 744 | 97 642 | 126 685 | 368 138 | 365 477 | 328 302 | 378 783 |
| Income statement | |||||||||||
| Sales revenue | 778 606 | 987 035 | 2 823 549 | 5 335 868 | 2 674 552 | 4 335 608 | 5 821 674 | 11 744 154 | 2 109 097 | 2 224 103 | 6 554 579 |
| Operating profit | 476 | 15 091 | 70 252 | 109 016 | 18 857 | 83 275 | 134 898 | 273 746 | -2624 | 2825 | 50 481 |
| Profit before income tax | 476 | 15 091 | 70 252 | 109 016 | 11 214 | 59 898 | 123 885 | 273 746 | -2624 | 2825 | 50 481 |
| Profit for the reporting year | 178 | 12 871 | 59 714 | 109 016 | 11 214 | 59 898 | 123 885 | 272 703 | -2661 | 2825 | 50 481 |
| Labour costs | — | — | — | — | — | — | — | — | — | — | — |
| Depreciation of non-current assets | — | — | — | — | — | — | — | — | — | — | — |
| Other indicators | |||||||||||
| Employees | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 2 |
| Calculated dividend | 0 | 0 | 11 744 | 45 000 | 56 971 | 20 000 | 75 874 | 25 000 | 0 | 25 600 | 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: Sabiedrība ar ierobežotu atbildību "BALTIC PAPER"
Overview
Sabiedrība ar ierobežotu atbildību "BALTIC PAPER" (reg. no. 40103898465) is a limited liability company. The company was registered in 2015 and has been in the register for 11 years. Registered address: Rīga, Turaidas iela 10A.
Financial results
Revenue in 2025 was 6 554 579 €, up 195% on the previous year (2 224 103 €). From 2015 to 2025, revenue grew by an average of 23,7% per year. Net profit for 2025 was 50 481 € (0,8% of revenue). The company was profitable in 10 of the 11 published years. In 2025 the company had 2 employees. Revenue per employee was 3 277 290 €. At the end of 2025, total assets were 410 973 € and equity 378 783 € (92,2% of assets).
Management and owners
The board has 2 members. According to the register, the company has 3 owners. The largest stake (40%) 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.