Elastic Baltic SIAActive
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 | 8 | 241 | 44 | 13 578 | 9980 | 3671 | 12 246 | 4313 | 32 | 32 |
| Total non-current assets | 0 | 0 | 0 | 0 | 708 | 458 | 926 | 827 | 246 | 23 |
| Total assets | 8 | 241 | 44 | 13 578 | 10 688 | 4129 | 13 172 | 5140 | 278 | 55 |
| Balance sheet — liabilities and equity | ||||||||||
| Current liabilities | 525 | 749 | 3590 | 3432 | 32 390 | 41 824 | 31 418 | 12 675 | 0 | 0 |
| Non-current liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 58 844 | 104 444 | 112 324 | 114 438 |
| Total liabilities | 525 | 749 | 3590 | 3432 | 32 390 | 41 824 | 90 262 | 117 119 | 112 324 | 114 438 |
| Share capital | — | — | — | — | — | — | — | — | — | — |
| Retained earnings of previous periods | — | — | — | — | — | — | — | — | — | — |
| Profit for the year | -518 | 10 | -3039 | 13 692 | -31 848 | -15 993 | -39 396 | -34 889 | -66 | -2337 |
| Total equity | -517 | -508 | -3546 | 10 146 | -21 702 | -37 695 | -77 090 | -111 979 | -112 046 | -114 383 |
| Income statement | ||||||||||
| Sales revenue | 12 808 | 44 112 | 17 414 | 50 556 | 12 339 | 51 754 | 16 425 | 12 587 | 2934 | 2609 |
| Operating profit | -518 | 10 | -3039 | 13 692 | -31 848 | -15 072 | -39 396 | -34 839 | -16 | -2287 |
| Profit before income tax | -518 | 10 | -3039 | 13 692 | -31 848 | -15 993 | -39 396 | -34 839 | -16 | -2287 |
| Profit for the reporting year | -518 | 10 | -3039 | 13 692 | -31 848 | -15 993 | -39 396 | -34 889 | -66 | -2337 |
| Labour costs | — | — | — | — | — | — | — | — | — | — |
| Depreciation of non-current assets | — | — | — | — | — | — | — | — | — | — |
| Other indicators | ||||||||||
| Employees | 1 | 1 | 1 | 3 | 2 | 6 | 2 | 2 | 2 | 2 |
| 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: Elastic Baltic SIA
Overview
Elastic Baltic SIA (reg. no. 40103995578) is a limited liability company. The company was registered in 2016 and has been in the register for 10 years. Registered address: Rīga, Jāņa Asara iela 9 - 11.
Financial results
Revenue in 2025 was 2609 €, down 11,1% on the previous year (2934 €). From 2016 to 2025, revenue declined by an average of 16,2% per year. This is the company's lowest revenue among the published years (2016–2025). 2025 ended with a loss of 2337 €. The company was profitable in 2 of the 10 published years. In 2025 the company had 2 employees. Revenue per employee was 1305 €.
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.
Points to note
Equity was negative at the end of 2025 (-114 383 €).
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.