Baudrate, SIAActive
Key figures
Ratios
2025Balance sheet structure
Dividends
calculatedPaid out in dividends approximately 240 000 € (61% 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 statements2015–2025
| 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Balance sheet — assets | |||||||||||
| Total current assets | 162 | 37 673 | 59 177 | 53 687 | 43 102 | 35 325 | 165 078 | 350 037 | 350 179 | 395 756 | 322 608 |
| Total non-current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 453 |
| Total assets | 162 | 37 673 | 59 177 | 53 687 | 43 102 | 35 325 | 165 078 | 350 037 | 350 179 | 395 756 | 323 061 |
| Balance sheet — liabilities and equity | |||||||||||
| Current liabilities | 256 | 0 | 0 | 1808 | 362 | 1895 | 587 | 1637 | 2587 | 3087 | 2818 |
| Non-current liabilities | 0 | 2390 | 5206 | 1976 | 1679 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total liabilities | 256 | 2390 | 5206 | 3784 | 2041 | 1895 | 587 | 1637 | 2587 | 3087 | 2818 |
| Share capital | — | — | — | — | — | — | — | — | — | — | — |
| Retained earnings of previous periods | — | — | — | — | — | — | — | — | — | — | — |
| Profit for the year | -95 | 35 377 | 18 782 | -4162 | -8842 | -7631 | 128 262 | 183 909 | 219 046 | 224 126 | 167 574 |
| Total equity | -94 | 35 283 | 53 971 | 49 903 | 41 061 | 33 430 | 164 491 | 348 400 | 347 592 | 392 669 | 320 243 |
| Income statement | |||||||||||
| Sales revenue | 2289 | 53 040 | 64 388 | 39 514 | 39 871 | 38 750 | 194 631 | 301 279 | 301 781 | 317 962 | 257 053 |
| Operating profit | 111 | 35 377 | 18 782 | -4162 | -8842 | -7631 | 152 898 | 291 696 | 219 046 | 221 472 | 166 087 |
| Profit before income tax | 111 | 35 377 | 18 782 | -4162 | -8842 | -7631 | 152 898 | 291 696 | 219 046 | 224 126 | 167 574 |
| Profit for the reporting year | -95 | 35 377 | 18 782 | -4162 | -8842 | -7631 | 128 262 | 183 909 | 219 046 | 224 126 | 167 574 |
| Labour costs | — | — | — | — | — | — | — | — | — | — | — |
| Depreciation of non-current assets | — | — | — | — | — | — | — | — | — | — | — |
| Other indicators | |||||||||||
| Employees | 1 | 2 | 4 | 5 | 5 | 5 | 1 | 3 | 3 | 3 | 3 |
| Calculated dividend | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 219 854 | 179 049 | 240 000 |
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: Baudrate, SIA
Overview
Baudrate, SIA (reg. no. 40103908509) is a limited liability company. The company was registered in 2015 and has been in the register for 11 years. Registered address: Rīga, Anniņmuižas iela 4 - 75.
Financial results
Revenue in 2025 was 257 053 €, down 19,2% on the previous year (317 962 €). From 2015 to 2025, revenue grew by an average of 60,3% per year. Net profit for 2025 was 167 574 € (65,2% of revenue). The company was profitable in 7 of the 11 published years. In 2025 the company had 3 employees. Revenue per employee was 85 684 €. At the end of 2025, total assets were 323 061 € and equity 320 243 € (99,1% of assets).
Management and owners
The company has one board member. 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.