SIA "GS Baltics"Active
Key figures
Ratios
2025Balance sheet structure
Summary of financial statements2017–2025
| 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|---|---|---|---|---|
| Balance sheet — assets | |||||||||
| Total current assets | 5564 | 176 052 | 187 046 | 124 488 | 916 118 | 936 566 | 912 924 | 923 362 | 880 188 |
| Total non-current assets | 0 | 820 000 | 805 999 | 2 179 475 | 3 535 651 | 3 399 298 | 3 258 288 | 3 125 623 | 1 134 090 |
| Total assets | 5564 | 996 052 | 993 045 | 2 303 963 | 4 451 769 | 4 335 864 | 4 171 212 | 4 048 985 | 2 014 278 |
| Balance sheet — liabilities and equity | |||||||||
| Current liabilities | 6114 | 115 | 241 | 501 | 17 060 | 12 425 | 9412 | 22 750 | 34 455 |
| Non-current liabilities | 0 | 1 024 200 | 1 074 200 | 2 474 200 | 4 687 924 | 4 660 306 | 4 582 717 | 4 452 273 | 2 454 200 |
| Total liabilities | 6114 | 1 024 315 | 1 074 441 | 2 474 701 | 4 704 984 | 4 672 731 | 4 592 129 | 4 475 023 | 2 488 655 |
| Share capital | — | — | — | — | — | — | — | — | — |
| Retained earnings of previous periods | — | — | — | — | — | — | — | — | — |
| Profit for the year | -3350 | -27 713 | -53 133 | -89 342 | -82 477 | -83 652 | -84 050 | -5121 | -94 491 |
| Total equity | -550 | -28 263 | -81 396 | -170 738 | -253 215 | -336 867 | -420 917 | -426 038 | -474 377 |
| Income statement | |||||||||
| Sales revenue | 143 405 | 32 190 | 1078 | 6000 | 167 679 | 238 472 | 220 210 | 401 320 | 115 999 |
| Operating profit | -3350 | -27 710 | -53 131 | -89 294 | -82 477 | -83 652 | -84 243 | -5121 | -94 491 |
| Profit before income tax | -3350 | -27 710 | -53 131 | -89 294 | -82 477 | -83 652 | -84 050 | -5121 | -94 491 |
| Profit for the reporting year | -3350 | -27 713 | -53 133 | -89 342 | -82 477 | -83 652 | -84 050 | -5121 | -94 491 |
| Labour costs | — | — | — | — | — | — | — | — | — |
| Depreciation of non-current assets | — | — | — | — | — | — | — | — | — |
| Other indicators | |||||||||
| Employees | 8 | 3 | 0 | 1 | 1 | 1 | 2 | 3 | 3 |
| Calculated dividend | — | 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 "GS Baltics"
Overview
SIA "GS Baltics" (reg. no. 40203025456) is a limited liability company. The company was registered in 2016 and has been in the register for 10 years. Registered address: Rīga, Kleistu iela 31.
Financial results
Revenue in 2025 was 115 999 €, down 71,1% on the previous year (401 320 €). From 2017 to 2025, revenue declined by an average of 2,6% per year. 2025 ended with a loss of 94 491 €. The company made a loss in all 9 published years. In 2025 the company had 3 employees. Revenue per employee was 38 666 €.
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 (-474 377 €).
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.