SIA "iNELS Baltic"Active
Key figures
Ratios
2025Balance sheet structure
Summary of financial statements2018–2025
| 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|---|---|---|---|
| Balance sheet — assets | ||||||||
| Total current assets | 42 052 | 66 343 | 129 393 | 70 362 | 39 812 | 40 772 | 14 722 | 18 265 |
| Total non-current assets | 338 | 10 880 | 47 660 | 39 735 | 27 105 | 19 646 | 70 575 | 53 835 |
| Total assets | 42 390 | 77 223 | 177 053 | 110 097 | 66 917 | 60 418 | 85 297 | 72 100 |
| Balance sheet — liabilities and equity | ||||||||
| Current liabilities | 34 712 | 52 735 | 144 862 | 62 713 | 13 147 | 12 214 | 29 758 | 29 403 |
| Non-current liabilities | 0 | 0 | 24 075 | 12 833 | 6822 | 0 | 0 | 0 |
| Total liabilities | 34 712 | 52 735 | 168 937 | 75 546 | 19 969 | 12 214 | 29 758 | 29 403 |
| Share capital | — | — | — | — | — | — | — | — |
| Retained earnings of previous periods | — | — | — | — | — | — | — | — |
| Profit for the year | 4878 | 16 810 | -16 372 | 26 435 | 12 397 | 1256 | 7335 | -12 842 |
| Total equity | 7678 | 24 488 | 8116 | 34 551 | 46 948 | 48 204 | 55 539 | 42 697 |
| Income statement | ||||||||
| Sales revenue | 97 845 | 310 837 | 477 940 | 259 805 | 137 911 | 29 520 | 47 520 | 36 364 |
| Operating profit | 4888 | 16 883 | -15 278 | 27 405 | 13 139 | 2000 | 9402 | -12 840 |
| Profit before income tax | 4878 | 16 810 | -16 360 | 26 435 | 12 397 | 1256 | 7335 | -12 842 |
| Profit for the reporting year | 4878 | 16 810 | -16 372 | 26 435 | 12 397 | 1256 | 7335 | -12 842 |
| Labour costs | — | — | — | — | — | — | — | — |
| Depreciation of non-current assets | — | — | — | — | — | — | — | — |
| Other indicators | ||||||||
| Employees | 2 | 3 | 5 | 1 | 1 | 1 | 1 | 1 |
| Calculated dividend | — | 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 "iNELS Baltic"
Overview
SIA "iNELS Baltic" (reg. no. 40203149116) is a limited liability company. The company was registered in 2018 and has been in the register for 8 years. Registered address: Ādažu nov., Ādaži, Zīļu iela 23.
Financial results
Revenue in 2025 was 36 364 €, down 23,5% on the previous year (47 520 €). From 2018 to 2025, revenue declined by an average of 13,2% per year. 2025 ended with a loss of 12 842 €. The company was profitable in 6 of the 8 published years. In 2025 the company had 1 employees. Revenue per employee was 36 364 €. At the end of 2025, total assets were 72 100 € and equity 42 697 € (59,2% 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.