HD Baltic Renewables SIAActive

40203520453Limited liability companyFounded 2023

Key figures

0 €
Revenue 2025
020242025

Ratios

2025
Balance sheet structure
Current assetsNon-current assetsLiabilitiesEquity
0200 k400 k600 k20242025
Summary of financial statements2024–2025
20242025
Balance sheet — assets
Total current assets918226 575
Total non-current assets202 800311 123
Total assets203 718537 698
Balance sheet — liabilities and equity
Current liabilities00
Non-current liabilities2850160 048
Total liabilities2850160 048
Share capital——
Retained earnings of previous periods——
Profit for the year-1932-8218
Total equity200 868377 650
Income statement
Sales revenue00
Operating profit-1882-8168
Profit before income tax-1882-8168
Profit for the reporting year-1932-8218
Labour costs——
Depreciation of non-current assets——
Other indicators
Employees00
Calculated dividend—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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50%50%100%100%66%HD Baltic Renewables …Baltic Renewables Lat…Sabiedrība ar ierobež…Lange Torben FriisChristensen Jacob Han…9+Kjaer Gunnar Lisby2Thoroe Morten IverNītaure Green Energy …Nītaure PV SIABESS 6 SIA
CompanyPersonShareholderOther roleAdditional link

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Summary: HD Baltic Renewables SIA

Overview

HD Baltic Renewables SIA (reg. no. 40203520453) is a limited liability company. The company was registered in 2023 and has been in the register for 2 years. Registered address: Rīga, Vienības gatve 109.

Financial results

There was no revenue in 2025. 2025 ended with a loss of 8218 €. According to the report, the company had no employees in 2025. At the end of 2025, total assets were 537 698 € and equity 377 650 € (70,2% of assets).

Management and owners

The board has 4 members. According to the register, the company has 2 owners. The largest stake (50%) is held by Baltic Renewables Latvia SIA. The company holds stakes in 3 active Latvian companies.

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.