SIA "BALT GROUP"Active

40203146317Limited liability companyFounded 2018

Key figures

1896 €-39,6%
Revenue 2025
-10,0%
Average annual change 2018–2025
02,5 k5 k7,5 k10 k20182019202020212022202320242025

Ratios

2025
Balance sheet structure
Current assetsNon-current assetsLiabilitiesEquity
02 k4 k20182019202020212022202320242025

Dividends

calculated
2025

No dividends were paid.

History
20250 €
20240 €
20230 €
2022 ~1561 €
20210 €
20200 €
20190 €
Summary of financial statements2018–2025
20182019202020212022202320242025
Balance sheet — assets
Total current assets34036542215901214199729222674
Total non-current assets115115115115115115115115
Total assets45548053717051329211230372789
Balance sheet — liabilities and equity
Current liabilities28929420544164464443
Non-current liabilities000000012
Total liabilities28929420544164464455
Share capital————————
Retained earnings of previous periods————————
Profit for the year662014613291065901927-259
Total equity16618633216611165206629932734
Income statement
Sales revenue39698955718360173402326731381896
Operating profit90116252141111349791008-177
EBITDA90116252141111349791008-177
Profit before income tax662014613291065901927-259
Profit for the reporting year662014613291065901927-259
Labour costs8221429969520519519519519
Depreciation of non-current assets00000000
Other indicators
Employees22211111
Calculated dividend—0001561000

A dash (—) means the report has not been filed or the line is not reported; 0 is a zero stated in the report.

Connections graph
100%SIA "BALT GROUP"Borzovs VitālijsBorzova Ludmila
CompanyPersonShareholderOther roleAdditional link

Related companies

Summary: SIA "BALT GROUP"

Overview

SIA "BALT GROUP" (reg. no. 40203146317) is a limited liability company. The company was registered in 2018 and has been in the register for 8 years. Registered address: Rīga, Merķeļa iela 1.

Financial results

Revenue in 2025 was 1896 €, down 39,6% on the previous year (3138 €). From 2018 to 2025, revenue declined by an average of 10,0% per year. This is the company's lowest revenue among the published years (2018–2025). 2025 ended with a loss of 259 €. The company was profitable in 7 of the 8 published years. In 2025 the company had 1 employees. Revenue per employee was 1896 €. At the end of 2025, total assets were 2789 € and equity 2734 € (98,0% of assets).

Management and owners

The company has one board member. The sole owner of the company is 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.