SIA Baltais RagsActive
Key figures
Ratios
2025Balance sheet structure
Summary of financial statements2016–2025
| 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Balance sheet — assets | ||||||||||
| Total current assets | 101 743 | 171 229 | 31 152 | 18 093 | 7783 | 266 133 | 258 656 | 33 428 | 111 774 | 341 232 |
| Total non-current assets | 0 | 236 834 | 435 060 | 464 601 | 462 246 | 197 945 | 207 865 | 445 485 | 462 987 | 455 504 |
| Total assets | 101 743 | 408 063 | 466 212 | 482 694 | 470 029 | 464 078 | 466 521 | 478 913 | 574 761 | 796 736 |
| Balance sheet — liabilities and equity | ||||||||||
| Current liabilities | 99 000 | 25 255 | 21 407 | 16 026 | 16 756 | 17 756 | 17 382 | 3071 | 3843 | 2062 |
| Non-current liabilities | 0 | 396 000 | 472 600 | 506 600 | 503 600 | 498 600 | 495 100 | 495 100 | 484 500 | 484 500 |
| Total liabilities | 99 000 | 421 255 | 494 007 | 522 626 | 520 356 | 516 356 | 512 482 | 498 171 | 488 343 | 486 562 |
| Share capital | — | — | — | — | — | — | — | — | — | — |
| Retained earnings of previous periods | — | — | — | — | — | — | — | — | — | — |
| Profit for the year | -57 | -15 935 | -14 603 | -12 137 | -10 395 | -1950 | 6317 | 26 703 | 105 676 | 223 756 |
| Total equity | 2743 | -13 192 | -27 795 | -39 932 | -50 327 | -52 278 | -45 961 | -19 258 | 86 418 | 310 174 |
| Income statement | ||||||||||
| Sales revenue | 0 | 1740 | 14 750 | 13 043 | 13 045 | 36 977 | 30 877 | 61 262 | 145 570 | 61 311 |
| Operating profit | -57 | -15 928 | -14 603 | -12 137 | -10 395 | -1950 | 5919 | 26 703 | 105 676 | 223 756 |
| Profit before income tax | -57 | -15 935 | -14 603 | -12 137 | -10 395 | -1950 | 6317 | 26 703 | 105 676 | 223 756 |
| Profit for the reporting year | -57 | -15 935 | -14 603 | -12 137 | -10 395 | -1950 | 6317 | 26 703 | 105 676 | 223 756 |
| Labour costs | — | — | — | — | — | — | — | — | — | — |
| Depreciation of non-current assets | — | — | — | — | — | — | — | — | — | — |
| Other indicators | ||||||||||
| Employees | 0 | 2 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 |
| Calculated dividend | — | 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 Baltais Rags
Overview
SIA Baltais Rags (reg. no. 40103989213) is a limited liability company. The company was registered in 2016 and has been in the register for 10 years. Registered address: Rīga, Matīsa iela 79.
Financial results
Revenue in 2025 was 61 311 €, down 57,9% on the previous year (145 570 €). Net profit for 2025 was 223 756 € (365% of revenue). The company was profitable in 4 of the 10 published years. In 2025 the company had 1 employees. Revenue per employee was 61 311 €. At the end of 2025, total assets were 796 736 € and equity 310 174 € (38,9% of assets).
Management and owners
The company has one board member. The sole owner of the company is a private individual. The company holds a stake in one other active Latvian company.
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.