SIA "Baltic RM"Active
Key figures
Ratios
2025Balance sheet structure
Summary of financial statements2020–2025
| 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|---|---|
| Balance sheet — assets | ||||||
| Total current assets | 1 576 483 | 2 357 468 | 3 896 749 | 3 073 964 | 3 158 981 | 2 948 542 |
| Total non-current assets | 13 599 943 | 14 866 869 | 18 241 879 | 18 839 672 | 16 801 215 | 16 253 077 |
| Total assets | 15 176 426 | 17 224 337 | 22 138 628 | 21 913 636 | 19 960 196 | 19 201 619 |
| Balance sheet — liabilities and equity | ||||||
| Current liabilities | 698 614 | 1 362 229 | 986 209 | 1 027 451 | 999 560 | 1 556 746 |
| Non-current liabilities | 15 309 931 | 16 392 454 | 19 661 193 | 19 755 466 | 18 745 384 | 17 291 538 |
| Total liabilities | 16 008 545 | 17 754 683 | 20 647 402 | 20 782 917 | 19 744 944 | 18 848 284 |
| Share capital | — | — | — | — | — | — |
| Retained earnings of previous periods | — | — | — | — | — | — |
| Profit for the year | -842 119 | 301 773 | 2 021 572 | -360 507 | -915 467 | 138 083 |
| Total equity | -832 119 | -530 346 | 1 491 226 | 1 130 719 | 215 252 | 353 335 |
| Income statement | ||||||
| Sales revenue | 426 440 | 2 628 073 | 4 792 561 | 3 804 625 | 3 160 531 | 3 863 438 |
| Operating profit | -438 674 | 584 206 | 2 415 822 | 67 248 | -431 507 | 749 338 |
| Profit before income tax | -760 453 | 301 848 | 2 021 572 | -299 093 | -812 658 | 240 494 |
| Profit for the reporting year | -842 119 | 301 773 | 2 021 572 | -360 507 | -915 467 | 138 083 |
| Labour costs | — | — | — | — | — | — |
| Depreciation of non-current assets | — | — | — | — | — | — |
| Other indicators | ||||||
| Employees | 20 | 20 | 20 | 24 | 24 | 18 |
| Calculated dividend | — | 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 "Baltic RM"
Overview
SIA "Baltic RM" (reg. no. 40203243256) is a limited liability company. The company was registered in 2020 and has been in the register for 6 years. Registered address: Kuldīgas nov., Skrunda, Paegļu iela 4.
Financial results
Revenue in 2025 was 3 863 438 €, up 22,2% on the previous year (3 160 531 €). From 2020 to 2025, revenue grew by an average of 55,4% per year. Net profit for 2025 was 138 083 € (3,6% of revenue). The company was profitable in 3 of the 6 published years. In 2025 the company had 18 employees (24 a year earlier). Revenue per employee was 214 635 €. At the end of 2025, total assets were 19 201 619 € and equity 353 335 € (1,8% of assets).
Management and owners
The board has 3 members. According to the register, the company has 2 owners. The largest stake (50%) is held by a private individual. The company holds stakes in 2 active Latvian companies.
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 02.11.2026. Changes, averages and ratios are calculated by entity.lv from open data and are not an official assessment.