SIA Baltic InovetionActive
Key figures
Ratios
2024Balance sheet structure
Summary of financial statements2022–2024
| 2022 | 2023 | 2024 | |
|---|---|---|---|
| Balance sheet — assets | |||
| Total current assets | 1685 | 2769 | 110 |
| Total non-current assets | 0 | 0 | 0 |
| Total assets | 1685 | 2769 | 110 |
| Balance sheet — liabilities and equity | |||
| Current liabilities | 1018 | 20 540 | 16 600 |
| Non-current liabilities | 0 | 0 | 0 |
| Total liabilities | 1018 | 20 540 | 16 600 |
| Share capital | — | — | — |
| Retained earnings of previous periods | — | — | — |
| Profit for the year | 617 | -21 188 | 1281 |
| Total equity | 667 | -17 771 | -16 490 |
| Income statement | |||
| Sales revenue | 13 762 | 30 794 | 22 017 |
| Operating profit | 617 | -21 188 | 1331 |
| Profit before income tax | 617 | -21 188 | 1331 |
| Profit for the reporting year | 617 | -21 188 | 1281 |
| Labour costs | — | — | — |
| Depreciation of non-current assets | — | — | — |
| Other indicators | |||
| Employees | 0 | 1 | 0 |
| Calculated dividend | — | 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 Inovetion
Overview
SIA Baltic Inovetion (reg. no. 40203420151) is a limited liability company. The company was registered in 2022 and has been in the register for 4 years. Registered address: Rīga, Rencēnu iela 8.
Financial results
Revenue in 2024 was 22 017 €, down 28,5% on the previous year (30 794 €). From 2022 to 2024, revenue grew by an average of 26,5% per year. Net profit for 2024 was 1281 € (5,8% of revenue). The company was profitable in 2 of the 3 published years. According to the report, the company had no employees in 2024.
Management and owners
The company has one board member. According to the register, the company has 2 owners. The largest stake (50%) is held by a private individual.
Points to note
Equity was negative at the end of 2024 (-16 490 €).
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.