SIA "Baltic Wind Latvia"Active
Key figures
Ratios
2025Balance sheet structure
Dividends
calculatedPaid out in dividends approximately 27 000 € (25% 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 statements2016–2025
| 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Balance sheet — assets | ||||||||||
| Total current assets | 73 475 | 58 572 | 43 040 | 64 100 | 109 230 | 97 213 | 66 643 | 68 810 | 62 420 | 69 731 |
| Total non-current assets | 6356 | 20 685 | 35 100 | 31 908 | 43 317 | 48 681 | 82 437 | 77 417 | 57 814 | 42 098 |
| Total assets | 79 831 | 79 257 | 78 140 | 96 008 | 152 547 | 145 894 | 149 080 | 146 227 | 120 234 | 111 829 |
| Balance sheet — liabilities and equity | ||||||||||
| Current liabilities | 39 343 | 22 784 | 6846 | 38 105 | 13 624 | 12 289 | 18 561 | 17 911 | 11 094 | 27 480 |
| Non-current liabilities | 0 | 0 | 322 | 447 | 13 392 | 15 532 | 11 133 | 6614 | 0 | 0 |
| Total liabilities | 39 343 | 22 784 | 7168 | 38 552 | 27 016 | 27 821 | 29 694 | 24 525 | 11 094 | 27 480 |
| Share capital | — | — | — | — | — | — | — | — | — | — |
| Retained earnings of previous periods | — | — | — | — | — | — | — | — | — | — |
| Profit for the year | 40 478 | 35 985 | 14 499 | 40 107 | 68 075 | 3502 | 5312 | 25 716 | -8562 | 2209 |
| Total equity | 40 488 | 56 473 | 70 972 | 57 456 | 125 531 | 118 073 | 119 386 | 121 702 | 109 140 | 84 349 |
| Income statement | ||||||||||
| Sales revenue | 253 579 | 282 317 | 160 816 | 187 663 | 370 916 | 164 682 | 243 511 | 223 149 | 230 432 | 302 842 |
| Operating profit | 47 079 | 41 962 | 14 622 | 40 119 | 68 564 | 7092 | 7227 | 32 830 | -7309 | 9772 |
| Profit before income tax | 47 079 | 41 962 | 14 500 | 40 107 | 68 075 | 6502 | 6312 | 31 856 | -7562 | 8959 |
| Profit for the reporting year | 40 478 | 35 985 | 14 499 | 40 107 | 68 075 | 3502 | 5312 | 25 716 | -8562 | 2209 |
| Labour costs | — | — | — | — | — | — | — | — | — | — |
| Depreciation of non-current assets | — | — | — | — | — | — | — | — | — | — |
| Other indicators | ||||||||||
| Employees | 4 | 6 | 1 | 1 | 1 | 2 | 2 | 3 | 3 | 3 |
| Calculated dividend | — | 20 000 | 0 | 53 623 | 0 | 10 960 | 3999 | 23 400 | 4000 | 27 000 |
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 "Baltic Wind Latvia"
Overview
SIA "Baltic Wind Latvia" (reg. no. 40103940194) is a limited liability company. The company was registered in 2015 and has been in the register for 11 years. Registered address: Siguldas nov., Sigulda, Gāles iela 27.
Financial results
Revenue in 2025 was 302 842 €, up 31,4% on the previous year (230 432 €). From 2016 to 2025, revenue grew by an average of 2,0% per year. Net profit for 2025 was 2209 € (0,7% of revenue). The company was profitable in 9 of the 10 published years. In 2025 the company had 3 employees. Revenue per employee was 100 947 €. At the end of 2025, total assets were 111 829 € and equity 84 349 € (75,4% of assets).
Management and owners
The company has one board member. The sole owner of the company is 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.