SIA "BALTMA"Active

44103037582Limited liability companyFounded 2005

Key figures

1 346 964 €+33,2%
Revenue 2025
+21,0%
Average annual growth 2010–2025
0500 k1 m1,5 m’10’11’12’13’14’15’16’17’18’19’20’21’22’23’24’25

Ratios

2025
Balance sheet structure
Current assetsNon-current assetsLiabilitiesEquity
0500 k1 m1,5 m’10’11’12’13’14’15’16’17’18’19’20’21’22’23’24’25
Summary of financial statements2010–2025
2010201120122013201420152016201720182019202020212022202320242025
Balance sheet — assets
Total current assets65 50071 91751 52367 796102 166151 463139 770173 219399 463201 542217 363318 487384 850364 837269 171382 427
Total non-current assets36 15030 76225 05922 628203 921295 063407 686371 823315 973280 737338 584563 366754 424663 912662 811559 157
Total assets101 650102 67976 58290 424306 087446 526547 456545 042715 436482 279555 947881 8531 139 2741 028 749931 982941 584
Balance sheet — liabilities and equity
Current liabilities138 136138 729121 19652 635127 940159 145196 282214 019406 880136 48586 73095 607288 090309 197293 208239 087
Non-current liabilities38 45536 34736 90396 578234 896297 793368 409305 240252 429196 356253 645434 900353 855201 92698 45217 039
Total liabilities176 591175 076158 099149 213362 836456 938564 691519 259659 309332 841340 375530 507641 945511 123391 660256 126
Share capital————————————————
Retained earnings of previous periods————————————————
Profit for the year-66662544-911822 72726 90146 337-682343 01830 34487 96366 134135 774145 98220 29722 695145 151
Total equity-74 941-72 397-81 517-58 789-56 749-10 412-17 23525 78356 127149 438215 572351 346497 329517 626540 322685 458
Income statement
Sales revenue77 358162 013123 792163 272291 037379 576464 269550 065590 963694 825524 058836 1321 158 2491 096 0731 011 1051 346 964
Operating profit-63353173-889823 53029 40452 599-36556 52653 72092 06570 673155 346164 19647 10941 888154 446
Profit before income tax-66662544-911822 72726 90146 337-682343 58330 34487 96366 134135 774145 98220 29722 725145 209
Profit for the reporting year-66662544-911822 72726 90146 337-682343 01830 34487 96366 134135 774145 98220 29722 695145 151
Labour costs————————————————
Depreciation of non-current assets————————————————
Other indicators
Employees687891114131213101012131517
Calculated dividend0000000000000000

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30%30%20%10%5%5%SIA "BALTMA"Ludley Steffen Freder…Ludley Hermann Robert2Sokolovs AndrejsSokolovs KonstantinsSokolovs AlvisAgrums Jānis
CompanyPersonShareholderOther roleAdditional link

Related companies

Shared members or board members
Same registered address

Summary: SIA "BALTMA"

Overview

SIA "BALTMA" (reg. no. 44103037582) is a limited liability company. The company was registered in 2005 and has been in the register for 20 years. Registered address: Valmieras nov., Valmiera, Kauguru iela 19.

Financial results

Revenue in 2025 was 1 346 964 €, up 33,2% on the previous year (1 011 105 €). From 2010 to 2025, revenue grew by an average of 21,0% per year. This is the company's highest revenue among the published years (2010–2025). Net profit for 2025 was 145 151 € (10,8% of revenue). The company was profitable in 13 of the 16 published years. In 2025 the company had 17 employees (15 a year earlier). Revenue per employee was 79 233 €. At the end of 2025, total assets were 941 584 € and equity 685 458 € (72,8% of assets).

Management and owners

The board has 4 members. According to the register, the company has 6 owners. The largest stake (30%) 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.