SIA Simurg BalticumActive
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 | 17 048 | 10 100 | 11 716 | 20 961 | 37 276 | 118 389 | 180 226 | 228 908 | 373 980 |
| Total non-current assets | 9905 | 7855 | 5806 | 3757 | 1707 | 28 750 | 23 783 | 19 184 | 11 686 |
| Total assets | 26 953 | 17 955 | 17 522 | 24 718 | 38 983 | 147 139 | 204 009 | 248 092 | 385 666 |
| Balance sheet — liabilities and equity | |||||||||
| Current liabilities | 23 924 | 25 515 | 28 220 | 31 245 | 37 802 | 104 098 | 150 405 | 213 527 | 325 026 |
| Non-current liabilities | 0 | 0 | 0 | 0 | 0 | 6795 | 6795 | 6795 | 6795 |
| Total liabilities | 23 924 | 25 515 | 28 220 | 31 245 | 37 802 | 110 893 | 157 200 | 220 322 | 331 821 |
| Share capital | — | — | — | — | — | — | — | — | — |
| Retained earnings of previous periods | — | — | — | — | — | — | — | — | — |
| Profit for the year | 229 | -10 589 | -3138 | 4171 | 508 | 35 065 | 10 563 | -19 039 | 26 075 |
| Total equity | 3029 | -7560 | -10 698 | -6527 | 1181 | 36 246 | 46 809 | 27 770 | 53 845 |
| Income statement | |||||||||
| Sales revenue | 25 797 | 70 601 | 71 495 | 110 483 | 145 195 | 315 787 | 456 347 | 437 311 | 649 471 |
| Operating profit | 229 | -10 589 | -2593 | 4171 | 1178 | 35 138 | 10 618 | -19 039 | 26 075 |
| Profit before income tax | 229 | -10 589 | -3138 | 4171 | 508 | 35 065 | 10 563 | -19 039 | 26 075 |
| Profit for the reporting year | 229 | -10 589 | -3138 | 4171 | 508 | 35 065 | 10 563 | -19 039 | 26 075 |
| Labour costs | — | — | — | — | — | — | — | — | — |
| Depreciation of non-current assets | — | — | — | — | — | — | — | — | — |
| Other indicators | |||||||||
| Employees | 3 | 3 | 3 | 3 | 4 | 5 | 7 | 8 | 13 |
| 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 Simurg Balticum
Overview
SIA Simurg Balticum (reg. no. 40203083026) is a limited liability company. The company was registered in 2017 and has been in the register for 9 years. Registered address: Rīga, Dauguļu iela 4.
Financial results
Revenue in 2025 was 649 471 €, up 48,5% on the previous year (437 311 €). From 2017 to 2025, revenue grew by an average of 49,7% per year. This is the company's highest revenue among the published years (2017–2025). Net profit for 2025 was 26 075 € (4,0% of revenue). The company was profitable in 6 of the 9 published years. In 2025 the company had 13 employees (8 a year earlier). Revenue per employee was 49 959 €. At the end of 2025, total assets were 385 666 € and equity 53 845 € (14,0% of assets).
Management and owners
The board has 2 members. According to the register, the company has 2 owners. The largest stake (50%) 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.