SIA "Helmand Baltics"Active

40203461605Limited liability companyFounded 2023

Key figures

669 041 €-14,1%
Revenue 2025
+21,6%
Average annual growth 2023–2025
0200 k400 k600 k800 k202320242025

Ratios

2025
Balance sheet structure
Current assetsNon-current assetsLiabilitiesEquity
0100 k200 k202320242025

Dividends

calculated
2025

Paid out in dividends approximately 47 612 € (94% of equity at the end of the previous year).

Low confidence: the company does not file a cash flow statement, so the amount is an estimate from changes in equity — it may also include other reductions of equity (e.g. a share capital reduction).

History
2025 ~47 612 €
20240 €
Summary of financial statements2023–2025
202320242025
Balance sheet — assets
Total current assets93 624152 81483 499
Total non-current assets00335
Total assets93 624152 81483 834
Balance sheet — liabilities and equity
Current liabilities28 96152 40230 371
Non-current liabilities70 00050 00050 000
Total liabilities98 961102 40280 371
Share capital———
Retained earnings of previous periods———
Profit for the year-813755 749663
Total equity-533750 4123463
Income statement
Sales revenue452 338779 181669 041
Operating profit-813755 749663
Profit before income tax-813755 749663
Profit for the reporting year-813755 749663
Labour costs———
Depreciation of non-current assets———
Other indicators
Employees223
Calculated dividend—047 612

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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50%50%SIA "Helmand Baltics"1Gēgeris KasparsĢēģeris Gatis
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Summary: SIA "Helmand Baltics"

Overview

SIA "Helmand Baltics" (reg. no. 40203461605) is a limited liability company. The company was registered in 2023 and has been in the register for 3 years. Registered address: Limbažu nov., Limbaži, Sporta iela 5.

Financial results

Revenue in 2025 was 669 041 €, down 14,1% on the previous year (779 181 €). From 2023 to 2025, revenue grew by an average of 21,6% per year. Net profit for 2025 was 663 € (0,1% of revenue). The company was profitable in 2 of the 3 published years. In 2025 the company had 3 employees (2 a year earlier). Revenue per employee was 223 014 €. At the end of 2025, total assets were 83 834 € and equity 3463 € (4,1% 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.