SIA "GRACE BALTIC"Active
Key figures
Ratios
2025Balance sheet structure
Dividends
calculatedNo dividends were paid.
Summary of financial statements2017–2025
| 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|---|---|---|---|---|
| Balance sheet — assets | |||||||||
| Total current assets | 89 176 | 229 018 | 376 959 | 780 867 | 1 481 449 | 1 972 819 | 1 821 803 | 2 080 696 | 2 037 115 |
| Total non-current assets | 5979 | 5187 | 113 930 | 42 604 | 11 326 | 10 626 | 22 853 | 17 051 | 12 686 |
| Total assets | 95 155 | 234 205 | 490 889 | 823 471 | 1 492 775 | 1 983 445 | 1 844 656 | 2 097 747 | 2 049 801 |
| Balance sheet — liabilities and equity | |||||||||
| Current liabilities | 83 010 | 129 512 | 285 901 | 100 881 | 355 129 | 567 029 | 316 603 | 309 662 | 119 909 |
| Non-current liabilities | 1220 | 1220 | 1220 | 1220 | 0 | 0 | 0 | 0 | 0 |
| Total liabilities | 84 230 | 130 732 | 287 121 | 102 101 | 355 129 | 567 029 | 316 603 | 309 662 | 119 909 |
| Share capital | — | — | — | — | — | — | — | — | — |
| Retained earnings of previous periods | — | — | — | — | — | — | — | — | — |
| Profit for the year | 8126 | 92 547 | 100 296 | 517 601 | 437 171 | 316 785 | 111 637 | 260 032 | 141 807 |
| Total equity | 10 925 | 103 473 | 203 768 | 721 370 | 1 137 646 | 1 416 416 | 1 528 053 | 1 788 085 | 1 929 892 |
| Income statement | |||||||||
| Sales revenue | 356 582 | 604 838 | 1 143 800 | 2 396 548 | 3 546 769 | 4 824 038 | 4 917 978 | 4 353 834 | 3 401 474 |
| Operating profit | 9241 | 92 547 | 100 274 | 517 601 | 438 883 | 315 696 | 111 806 | 260 069 | 141 797 |
| Profit before income tax | 9241 | 92 547 | 100 296 | 517 601 | 437 171 | 316 785 | 111 658 | 260 098 | 141 892 |
| Profit for the reporting year | 8126 | 92 547 | 100 296 | 517 601 | 437 171 | 316 785 | 111 637 | 260 032 | 141 807 |
| Labour costs | — | — | — | — | — | — | — | — | — |
| Depreciation of non-current assets | — | — | — | — | — | — | — | — | — |
| Other indicators | |||||||||
| Employees | 4 | 3 | 5 | 7 | 8 | 11 | 13 | 16 | 18 |
| Calculated dividend | — | 0 | 0 | 0 | 20 895 | 38 015 | 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 "GRACE BALTIC"
Overview
SIA "GRACE BALTIC" (reg. no. 40203005055) is a limited liability company. The company was registered in 2016 and has been in the register for 10 years. Registered address: Rīga, Kalnciema iela 32A - 16.
Financial results
Revenue in 2025 was 3 401 474 €, down 21,9% on the previous year (4 353 834 €). From 2017 to 2025, revenue grew by an average of 32,6% per year. Net profit for 2025 was 141 807 € (4,2% of revenue). The company was profitable in all 9 published years. In 2025 the company had 18 employees (16 a year earlier). Revenue per employee was 188 971 €. At the end of 2025, total assets were 2 049 801 € and equity 1 929 892 € (94,2% of assets).
Management and owners
The board has 3 members. According to the register, the company has 2 owners. The largest stake (51%) 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.