SIA "Baltic Builders"Active
Key figures
Ratios
2024Balance sheet structure
Dividends
from the reportNo dividends were paid.
Summary of financial statements2017–2024
| 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|---|---|---|
| Balance sheet — assets | ||||||||
| Total current assets | 169 | 696 108 | 1 415 789 | 1 419 298 | 2 161 319 | 5 536 643 | 5 899 218 | 3 706 577 |
| Total non-current assets | 0 | 5633 | 15 899 | 9079 | 247 389 | 127 327 | 1 057 812 | 1 331 292 |
| Total assets | 169 | 701 741 | 1 431 688 | 1 428 377 | 2 408 708 | 5 663 970 | 6 957 030 | 5 037 869 |
| Balance sheet — liabilities and equity | ||||||||
| Current liabilities | 1119 | 428 116 | 540 612 | 649 156 | 1 647 624 | 4 235 222 | 4 891 308 | 3 225 588 |
| Non-current liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 523 895 | 2 053 257 |
| Total liabilities | 1119 | 428 116 | 540 612 | 649 156 | 1 647 624 | 4 235 222 | 5 415 203 | 5 278 845 |
| Share capital | — | — | — | — | — | — | — | — |
| Retained earnings of previous periods | — | — | — | — | — | — | — | — |
| Profit for the year | -3750 | 274 575 | 617 451 | 203 005 | 85 264 | 667 664 | 113 079 | -1 782 803 |
| Total equity | -950 | 273 625 | 891 076 | 779 221 | 761 084 | 1 428 748 | 1 541 827 | -240 976 |
| Income statement | ||||||||
| Sales revenue | 0 | 1 252 126 | 4 926 687 | 4 044 424 | 5 943 599 | 13 446 230 | 17 747 816 | 10 560 249 |
| Operating profit | -3750 | 277 638 | 628 228 | 212 846 | 98 550 | 677 532 | 288 389 | -1 705 321 |
| Profit before income tax | -3750 | 277 638 | 628 228 | 212 846 | 98 550 | 677 532 | 228 897 | -1 749 073 |
| Profit for the reporting year | -3750 | 274 575 | 617 451 | 203 005 | 85 264 | 667 664 | 113 079 | -1 782 803 |
| Labour costs | — | — | — | — | — | — | — | — |
| Depreciation of non-current assets | — | — | — | — | — | — | — | — |
| Other indicators | ||||||||
| Employees | 3 | 48 | 174 | 172 | 201 | 214 | 194 | 137 |
| Calculated dividend | — | 0 | 0 | 314 860 | 103 401 | 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 "Baltic Builders"
Overview
SIA "Baltic Builders" (reg. no. 40203083331) is a limited liability company. The company was registered in 2017 and has been in the register for 9 years. Registered address: Mārupes nov., Mārupe, Dzirnieku iela 26.
Financial results
Revenue in 2024 was 10 560 249 €, down 40,5% on the previous year (17 747 816 €). 2024 ended with a loss of 1 782 803 €. The company was profitable in 6 of the 8 published years. In 2024 the company had 137 employees (194 a year earlier). Revenue per employee was 77 082 €.
Management and owners
The sole owner of the company is UAB Baltijos investicine kompanija.
Points to note
Equity was negative at the end of 2024 (-240 976 €).
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 02.11.2026. Changes, averages and ratios are calculated by entity.lv from open data and are not an official assessment.