Global Smart Distribution ASActive
Key figures
Ratios
2025Balance sheet structure
Summary of financial statements2019–2025
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|---|---|---|
| Balance sheet — assets | |||||||
| Total current assets | 158 731 | 88 194 | 1 569 729 | 2 311 913 | 1 513 100 | 1 012 770 | 1 157 552 |
| Total non-current assets | 1874 | 1635 | 3025 | 344 421 | 388 474 | 436 838 | 391 901 |
| Total assets | 160 605 | 89 829 | 1 572 754 | 2 656 334 | 1 901 574 | 1 449 608 | 1 549 453 |
| Balance sheet — liabilities and equity | |||||||
| Current liabilities | 175 622 | 460 653 | 1 772 322 | 1 639 135 | 785 781 | 265 353 | 317 035 |
| Non-current liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total liabilities | 175 622 | 460 653 | 1 772 322 | 1 639 135 | 785 781 | 265 353 | 317 035 |
| Share capital | — | — | — | — | — | — | — |
| Retained earnings of previous periods | — | — | — | — | — | — | — |
| Profit for the year | -50 017 | -355 807 | 158 833 | 1 229 189 | 98 594 | 68 463 | 48 164 |
| Total equity | -15 017 | -370 824 | -199 568 | 1 017 199 | 1 115 793 | 1 184 255 | 1 232 418 |
| Income statement | |||||||
| Sales revenue | 134 794 | 222 735 | 2 544 574 | 5 488 499 | 798 500 | 812 126 | 628 379 |
| Operating profit | -47 325 | -354 365 | 161 899 | 1 239 867 | 143 656 | 61 262 | 88 326 |
| Profit before income tax | -50 017 | -355 807 | 158 833 | 1 229 189 | 98 594 | 68 463 | 48 164 |
| Profit for the reporting year | -50 017 | -355 807 | 158 833 | 1 229 189 | 98 594 | 68 463 | 48 164 |
| Labour costs | — | — | — | — | — | — | — |
| Depreciation of non-current assets | — | — | — | — | — | — | — |
| Other indicators | |||||||
| Employees | 3 | 3 | 2 | 2 | 3 | 3 | 3 |
| Calculated dividend | — | 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: Global Smart Distribution AS
Overview
Global Smart Distribution AS (reg. no. 40203186095) is a joint-stock company. The company was registered in 2018 and has been in the register for 7 years. Registered address: Rīga, Ernesta Birznieka-Upīša iela 20A - 4.
Financial results
Revenue in 2025 was 628 379 €, down 22,6% on the previous year (812 126 €). From 2019 to 2025, revenue grew by an average of 29,2% per year. Net profit for 2025 was 48 164 € (7,7% of revenue). The company was profitable in 5 of the 7 published years. In 2025 the company had 3 employees. Revenue per employee was 209 460 €. At the end of 2025, total assets were 1 549 453 € and equity 1 232 418 € (79,5% of assets).
Management and owners
The company has one board member.
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.