G.E. Baltic SIAActive
Key figures
Ratios
2025Balance sheet structure
Dividends
calculatedPaid out in dividends approximately 95 000 € (33% of equity at the end of the previous year).
Low confidence: the company does not file a cash flow statement, so the amount is an estimate from changes in equity — it may also include other reductions of equity (e.g. a share capital reduction).
Summary of financial statements2019–2025
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|---|---|---|
| Balance sheet — assets | |||||||
| Total current assets | 34 779 | 56 521 | 77 155 | 151 103 | 203 180 | 197 056 | 241 902 |
| Total non-current assets | 1243 | 13 407 | 11 100 | 114 591 | 195 679 | 191 571 | 185 760 |
| Total assets | 36 022 | 69 928 | 88 255 | 265 694 | 398 859 | 388 627 | 427 662 |
| Balance sheet — liabilities and equity | |||||||
| Current liabilities | 16 969 | 66 840 | 34 982 | 118 504 | 134 489 | 97 313 | 84 811 |
| Non-current liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total liabilities | 16 969 | 66 840 | 34 982 | 118 504 | 134 489 | 97 313 | 84 811 |
| Share capital | — | — | — | — | — | — | — |
| Retained earnings of previous periods | — | — | — | — | — | — | — |
| Profit for the year | 16 253 | -15 965 | 65 185 | 93 917 | 117 180 | 186 944 | 146 537 |
| Total equity | 19 053 | 3088 | 53 273 | 147 190 | 264 370 | 291 314 | 342 851 |
| Income statement | |||||||
| Sales revenue | 127 033 | 220 516 | 382 714 | 817 170 | 955 331 | 1 070 935 | 1 068 000 |
| Operating profit | 16 659 | -15 399 | 65 645 | 93 985 | 117 960 | 187 493 | 146 907 |
| Profit before income tax | 16 659 | -15 399 | 65 645 | 93 985 | 117 960 | 187 493 | 146 975 |
| Profit for the reporting year | 16 253 | -15 965 | 65 185 | 93 917 | 117 180 | 186 944 | 146 537 |
| Labour costs | — | — | — | — | — | — | — |
| Depreciation of non-current assets | — | — | — | — | — | — | — |
| Other indicators | |||||||
| Employees | 7 | 24 | 24 | 20 | 22 | 23 | 21 |
| Calculated dividend | — | 0 | 0 | 0 | 0 | 160 000 | 95 000 |
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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Related companies
- SIA "Gratiae Latvija" — 2 shared people
Summary: G.E. Baltic SIA
Overview
G.E. Baltic SIA (reg. no. 40203185634) is a limited liability company. The company was registered in 2018 and has been in the register for 7 years. Registered address: Rīga, Aizvaru iela 41.
Financial results
Revenue in 2025 was 1 068 000 €, on a par with the previous year. From 2019 to 2025, revenue grew by an average of 42,6% per year. Net profit for 2025 was 146 537 € (13,7% of revenue). The company was profitable in 6 of the 7 published years. In 2025 the company had 21 employees (23 a year earlier). Revenue per employee was 50 857 €. At the end of 2025, total assets were 427 662 € and equity 342 851 € (80,2% 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.