SIA "Baltyre Latvia"Active
Key figures
Ratios
2025Balance sheet structure
Dividends
from the reportDividends paid 1 130 000 € (16% of equity at the end of the previous year).
Summary of financial statements2012–2025
| 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Balance sheet — assets | ||||||||||||||
| Total current assets | 498 079 | 810 092 | 1 243 705 | 1 682 153 | 2 238 990 | 2 742 021 | 3 447 534 | 3 770 393 | 4 756 738 | 5 397 879 | 6 681 749 | 6 810 174 | 7 014 252 | 6 535 421 |
| Total non-current assets | 41 213 | 277 418 | 450 669 | 454 044 | 465 967 | 483 228 | 622 114 | 812 329 | 833 726 | 810 567 | 783 121 | 747 567 | 674 501 | 693 973 |
| Total assets | 539 292 | 1 087 510 | 1 694 374 | 2 136 197 | 2 704 957 | 3 225 249 | 4 069 648 | 4 582 722 | 5 590 464 | 6 208 446 | 7 464 870 | 7 557 741 | 7 688 753 | 7 229 394 |
| Balance sheet — liabilities and equity | ||||||||||||||
| Current liabilities | 455 321 | 702 255 | 891 928 | 995 931 | 1 291 549 | 1 315 111 | 1 354 654 | 1 112 898 | 1 504 534 | 1 019 285 | 995 882 | 845 142 | 771 186 | 727 709 |
| Non-current liabilities | 15 038 | 179 754 | 223 172 | 197 526 | 158 667 | 145 926 | 190 771 | 228 202 | 174 904 | 123 202 | 105 215 | 84 252 | 0 | 0 |
| Total liabilities | 470 359 | 882 009 | 1 115 100 | 1 193 457 | 1 450 216 | 1 461 037 | 1 545 425 | 1 341 100 | 1 679 438 | 1 142 487 | 1 101 097 | 929 394 | 771 186 | 727 709 |
| Share capital | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Retained earnings of previous periods | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Profit for the year | 55 537 | 131 699 | 278 969 | 363 928 | 445 380 | 609 471 | 840 011 | 802 399 | 869 404 | 1 524 932 | 1 597 814 | 979 560 | 739 220 | 714 118 |
| Total equity | 65 537 | 197 236 | 559 609 | 923 533 | 1 254 741 | 1 764 212 | 2 524 223 | 3 241 622 | 3 911 026 | 5 065 959 | 6 363 773 | 6 628 347 | 6 917 567 | 6 501 685 |
| Income statement | ||||||||||||||
| Sales revenue | 1 708 189 | 3 855 154 | 6 340 705 | 7 208 036 | 8 048 676 | 10 267 631 | 12 542 108 | 12 725 045 | 13 310 423 | 18 833 320 | 22 130 819 | 17 522 570 | 15 218 107 | 13 793 062 |
| Operating profit | 63 138 | 160 381 | 347 823 | 443 993 | 535 302 | 736 755 | 867 498 | 837 178 | 893 835 | 1 550 300 | 1 616 591 | 990 076 | 854 833 | 993 548 |
| EBITDA | — | — | — | 502 497 | 591 152 | 797 761 | 947 450 | 954 397 | 999 760 | 1 654 221 | 1 756 214 | 1 095 414 | 1 014 584 | 1 160 246 |
| Profit before income tax | 65 558 | 157 594 | 336 423 | 432 559 | 519 737 | 716 038 | 844 475 | 809 921 | 872 561 | 1 531 564 | 1 606 749 | 985 175 | 859 868 | 1 002 395 |
| Profit for the reporting year | 55 537 | 131 699 | 278 969 | 363 928 | 445 380 | 609 471 | 840 011 | 802 399 | 869 404 | 1 524 932 | 1 597 814 | 979 560 | 739 220 | 714 118 |
| Labour costs | — | — | — | 285 423 | 326 756 | 440 796 | 555 803 | 621 561 | 701 094 | 959 170 | 1 051 278 | 1 043 878 | 1 098 849 | 1 165 695 |
| Depreciation of non-current assets | — | — | — | 58 504 | 55 850 | 61 006 | 79 952 | 117 219 | 105 925 | 103 921 | 139 623 | 105 338 | 159 751 | 166 698 |
| Other indicators | ||||||||||||||
| Employees | 4 | 4 | 9 | 12 | 15 | 16 | 18 | 19 | 22 | 22 | 25 | 25 | 25 | 25 |
| Calculated dividend | 0 | 0 | 0 | 0 | 125 000 | 100 000 | 80 000 | 85 000 | 200 000 | 370 000 | 300 000 | 714 987 | 450 000 | 1 130 000 |
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 "Baltyre Latvia"
Overview
SIA "Baltyre Latvia" (reg. no. 43603053166) is a limited liability company. The company was registered in 2012 and has been in the register for 14 years. Registered address: Jelgava, Aviācijas iela 8.
Financial results
Revenue in 2025 was 13 793 062 €, down 9,4% on the previous year (15 218 107 €). From 2012 to 2025, revenue grew by an average of 17,4% per year. Net profit for 2025 was 714 118 € (5,2% of revenue). The company was profitable in all 14 published years. In 2025 the company had 25 employees. Revenue per employee was 551 722 €. At the end of 2025, total assets were 7 229 394 € and equity 6 501 685 € (89,9% of assets).
Management and owners
The board has 2 members. According to the register, the company has 2 owners. The largest stake (80%) is held by Baltyre Eesti AS.
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.