SIA BALTIC WORLDActive
Key figures
Ratios
2025Balance sheet structure
Summary of financial statements2023–2025
| 2023 | 2024 | 2025 | |
|---|---|---|---|
| Balance sheet — assets | |||
| Total current assets | 1 805 657 | 9 771 427 | 13 412 801 |
| Total non-current assets | 44 851 | 44 732 | 31 813 |
| Total assets | 1 850 508 | 9 816 159 | 13 444 614 |
| Balance sheet — liabilities and equity | |||
| Current liabilities | 3 300 054 | 10 892 542 | 13 304 601 |
| Non-current liabilities | 0 | 0 | 0 |
| Total liabilities | 3 300 054 | 10 892 542 | 13 304 601 |
| Share capital | — | — | — |
| Retained earnings of previous periods | — | — | — |
| Profit for the year | -1 704 546 | 373 163 | 16 396 |
| Total equity | -1 449 546 | -1 076 383 | 140 013 |
| Income statement | |||
| Sales revenue | 17 522 919 | 73 966 523 | 124 044 962 |
| Operating profit | -1 701 394 | 372 185 | 14 794 |
| Profit before income tax | -1 704 546 | 373 163 | 16 396 |
| Profit for the reporting year | -1 704 546 | 373 163 | 16 396 |
| Labour costs | — | — | — |
| Depreciation of non-current assets | — | — | — |
| Other indicators | |||
| Employees | 19 | 20 | 20 |
| 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 WORLD
Overview
SIA BALTIC WORLD (reg. no. 40203448185) is a limited liability company. The company was registered in 2022 and has been in the register for 3 years. Registered address: Rīga, Elizabetes iela 31 - 3.
Financial results
Revenue in 2025 was 124 044 962 €, up 67,7% on the previous year (73 966 523 €). From 2023 to 2025, revenue grew by an average of 166% per year. Net profit for 2025 was 16 396 € (0,0% of revenue). The company was profitable in 2 of the 3 published years. In 2025 the company had 20 employees. Revenue per employee was 6 202 248 €. At the end of 2025, total assets were 13 444 614 € and equity 140 013 € (1,0% of assets).
Management and owners
The company has one board member. The sole owner of the company is SET TRAVEL B.V..
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.