SIA Connect Baltic GroupActive
Key figures
Ratios
2025Balance sheet structure
Dividends
calculatedNo dividends were paid.
Summary of financial statements2020–2025
| 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|---|---|
| Balance sheet — assets | ||||||
| Total current assets | 297 732 | 807 026 | 465 937 | 52 419 | 101 383 | 102 021 |
| Total non-current assets | 3361 | 10 202 | 0 | 0 | 1418 | 4510 |
| Total assets | 301 093 | 817 228 | 465 937 | 52 419 | 102 801 | 106 531 |
| Balance sheet — liabilities and equity | ||||||
| Current liabilities | 107 137 | 508 221 | 325 594 | 14 365 | 28 102 | 85 999 |
| Non-current liabilities | 0 | 0 | 0 | 0 | 19 463 | 43 022 |
| Total liabilities | 107 137 | 508 221 | 325 594 | 14 365 | 47 565 | 129 021 |
| Share capital | — | — | — | — | — | — |
| Retained earnings of previous periods | — | — | — | — | — | — |
| Profit for the year | 190 956 | 299 007 | -38 164 | -102 289 | 17 181 | -81 523 |
| Total equity | 193 956 | 309 007 | 140 343 | 38 054 | 55 236 | -22 490 |
| Income statement | ||||||
| Sales revenue | 2 721 157 | 3 929 652 | 3 849 359 | 1 052 095 | 350 419 | 154 304 |
| Operating profit | 190 956 | 369 198 | -7263 | -103 479 | 16 766 | -84 632 |
| Profit before income tax | 190 956 | 371 441 | -2553 | -100 295 | 17 787 | -81 493 |
| Profit for the reporting year | 190 956 | 299 007 | -38 164 | -102 289 | 17 181 | -81 523 |
| Labour costs | — | — | — | — | — | — |
| Depreciation of non-current assets | — | — | — | — | — | — |
| Other indicators | ||||||
| Employees | 4 | 4 | 4 | 0 | 0 | 2 |
| Calculated dividend | — | 183 956 | 130 500 | 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 Connect Baltic Group
Overview
SIA Connect Baltic Group (reg. no. 40203247510) is a limited liability company. The company was registered in 2020 and has been in the register for 6 years. Registered address: Rīga, Marijas iela 2.
Financial results
Revenue in 2025 was 154 304 €, down 56,0% on the previous year (350 419 €). From 2020 to 2025, revenue declined by an average of 43,7% per year. This is the company's lowest revenue among the published years (2020–2025). 2025 ended with a loss of 81 523 €. The company was profitable in 3 of the 6 published years. In 2025 the company had 2 employees (0 a year earlier). Revenue per employee was 77 152 €.
Management and owners
The company has one board member. The sole owner of the company is a private individual.
Points to note
Equity was negative at the end of 2025 (-22 490 €).
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.