SIA "Baltic Converting"Active
Key figures
Ratios
2025Balance sheet structure
Summary of financial statements2022–2025
| 2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|
| Balance sheet — assets | ||||
| Total current assets | 62 274 | 84 801 | 102 773 | 82 208 |
| Total non-current assets | 560 | 420 | 2180 | 9686 |
| Total assets | 62 834 | 85 221 | 104 953 | 91 894 |
| Balance sheet — liabilities and equity | ||||
| Current liabilities | 23 855 | 36 248 | 29 110 | 78 939 |
| Non-current liabilities | 0 | 0 | 0 | 0 |
| Total liabilities | 23 855 | 36 248 | 29 110 | 78 939 |
| Share capital | — | — | — | — |
| Retained earnings of previous periods | — | — | — | — |
| Profit for the year | 36 179 | 9994 | 26 870 | -62 887 |
| Total equity | 38 979 | 48 973 | 75 843 | 12 955 |
| Income statement | ||||
| Sales revenue | 112 130 | 192 114 | 302 051 | 347 504 |
| Operating profit | 36 182 | 10 047 | 26 892 | -62 863 |
| Profit before income tax | 36 179 | 10 044 | 26 892 | -62 866 |
| Profit for the reporting year | 36 179 | 9994 | 26 870 | -62 887 |
| Labour costs | — | — | — | — |
| Depreciation of non-current assets | — | — | — | — |
| Other indicators | ||||
| Employees | 2 | 1 | 2 | 3 |
| Calculated dividend | — | 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 Converting"
Overview
SIA "Baltic Converting" (reg. no. 40203352902) is a limited liability company. The company was registered in 2021 and has been in the register for 5 years. Registered address: Rīga, Skrīnes iela 4 - 4.
Financial results
Revenue in 2025 was 347 504 €, up 15,0% on the previous year (302 051 €). From 2022 to 2025, revenue grew by an average of 45,8% per year. This is the company's highest revenue among the published years (2022–2025). 2025 ended with a loss of 62 887 €. The company was profitable in 3 of the 4 published years. In 2025 the company had 3 employees (2 a year earlier). Revenue per employee was 115 835 €. At the end of 2025, total assets were 91 894 € and equity 12 955 € (14,1% 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.