Borealis Latvija SIAActive

40203256640Limited liability companyFounded 2020

Key figures

558 425 €+4,6%
Revenue 2025
+49,9%
Average annual growth 2021–2025
0200 k400 k600 k20212022202320242025

Ratios

2025
Balance sheet structure
Current assetsNon-current assetsLiabilitiesEquity
0100 k200 k300 k20212022202320242025
Summary of financial statements2021–2025
20212022202320242025
Balance sheet — assets
Total current assets46 94870 04841 88670 44192 417
Total non-current assets69 03555 38992 803190 365206 555
Total assets115 983125 437134 689260 806298 972
Balance sheet — liabilities and equity
Current liabilities143 854192 39330 95472 63781 304
Non-current liabilities030 679174 986145 13085 506
Total liabilities143 854223 072205 940217 767166 810
Share capital—————
Retained earnings of previous periods—————
Profit for the year-30 671-69 76426 384114 29089 124
Total equity-27 871-97 635-71 25143 039132 162
Income statement
Sales revenue110 489130 846295 781534 060558 425
Operating profit-29 478-68 68927 965133 05796 402
Profit before income tax-30 539-69 27026 384114 29089 124
Profit for the reporting year-30 671-69 76426 384114 29089 124
Labour costs—————
Depreciation of non-current assets—————
Other indicators
Employees33333
Calculated dividend—0000

A dash (—) means the report has not been filed or the line is not reported; 0 is a zero stated in the report.

Connections graph
100%Borealis Latvija SIAOU Borealis HoldingKuemmel PeeterLitavniece IlzeRannama Lauri
CompanyPersonShareholderOther roleAdditional link

Related companies

Summary: Borealis Latvija SIA

Overview

Borealis Latvija SIA (reg. no. 40203256640) is a limited liability company. The company was registered in 2020 and has been in the register for 6 years. Registered address: Rīga, Braslas iela 29A.

Financial results

Revenue in 2025 was 558 425 €, up 4,6% on the previous year (534 060 €). From 2021 to 2025, revenue grew by an average of 49,9% per year. This is the company's highest revenue among the published years (2021–2025). Net profit for 2025 was 89 124 € (16,0% of revenue). The company was profitable in 3 of the 5 published years. In 2025 the company had 3 employees. Revenue per employee was 186 142 €. At the end of 2025, total assets were 298 972 € and equity 132 162 € (44,2% of assets).

Management and owners

The board has 3 members. The sole owner of the company is OU Borealis Holding.

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.