Sabiedrība ar ierobežotu atbildību "ELEX Baltic"Active

40203091540Limited liability companyFounded 2017

Key figures

3 711 558 €+38,5%
Revenue 2025
+146,6%
Average annual growth 2017–2025
01 m2 m3 m4 m’17’18’19’20’21’22’23’24’25

Ratios

2025
Balance sheet structure
Current assetsNon-current assetsLiabilitiesEquity
0500 k1 m’17’18’19’20’21’22’23’24’25
Summary of financial statements2017–2025
201720182019202020212022202320242025
Balance sheet — assets
Total current assets12 681222 064209 561305 813551 743631 610698 903772 347828 530
Total non-current assets021 94727 83422 00814 127914513 91210 99115 672
Total assets12 681244 011237 395327 821565 870640 755712 815783 338844 202
Balance sheet — liabilities and equity
Current liabilities1683168 010330 585271 608606 552582 719499 642528 786541 240
Non-current liabilities10 00092 5007963170 34158 55243 69231 87815 2460
Total liabilities11 683260 510338 548441 949665 104626 411531 520544 032541 240
Share capital—————————
Retained earnings of previous periods—————————
Profit for the year-1802-17 497-84 653-12 97514 894113 579166 95158 01263 656
Total equity998-16 499-101 153-114 128-99 23414 344181 295239 306302 962
Income statement
Sales revenue2712409 738898 2031 350 6302 050 8952 969 3503 150 2092 678 9323 711 558
Operating profit-1802-17 274-83 944-12 63416 689122 134174 77564 60367 930
Profit before income tax-1802-17 274-84 274-12 90115 820114 253168 37159 77564 912
Profit for the reporting year-1802-17 497-84 653-12 97514 894113 579166 95158 01263 656
Labour costs—————————
Depreciation of non-current assets—————————
Other indicators
Employees023345555
Calculated dividend—00000000

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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70%30%Sabiedrība ar ierobež…Sabiedrība ar ierobež…1Nesterovs Aleksejs
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Shared members or board members

Summary: Sabiedrība ar ierobežotu atbildību "ELEX Baltic"

Overview

Sabiedrība ar ierobežotu atbildību "ELEX Baltic" (reg. no. 40203091540) is a limited liability company. The company was registered in 2017 and has been in the register for 9 years. Registered address: Rīga, Katoļu iela 31 - 35.

Financial results

Revenue in 2025 was 3 711 558 €, up 38,5% on the previous year (2 678 932 €). From 2017 to 2025, revenue grew by an average of 147% per year. This is the company's highest revenue among the published years (2017–2025). Net profit for 2025 was 63 656 € (1,7% of revenue). The company was profitable in 5 of the 9 published years. In 2025 the company had 5 employees. Revenue per employee was 742 312 €. At the end of 2025, total assets were 844 202 € and equity 302 962 € (35,9% of assets).

Management and owners

The company has one board member. According to the register, the company has 2 owners. The largest stake (70%) is held by Sabiedrība ar ierobežotu atbildību "Bau ID".

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.