"NIELATEC BALTIJA" SIAActive

44103040440Limited liability companyFounded 2006

Key figures

581 482 €+28,2%

Revenue 2025

+31,8%

Average annual growth 2010–2025

Ratios

2025

-0,9%

Profit margin

86,4%

Equity ratio

4,5×

Current ratio

-1,4%

Return on equity

Balance sheet structure

Current assetsNon-current assetsLiabilitiesEquity

Summary of financial statements2010–2025

	2010	2011	2012	2013	2014	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024	2025
Balance sheet — assets
Total current assets	11 097	73 379	66 976	41 186	39 969	54 991	73 569	105 289	206 682	217 416	245 702	257 338	280 834	292 578	343 378	281 690
Total non-current assets	9187	8178	4393	8317	6408	19 761	34 929	72 673	73 138	85 138	111 075	117 721	140 213	145 243	153 013	178 392
Total assets	20 284	81 557	71 369	49 503	46 377	74 752	108 498	177 962	279 820	302 554	356 777	375 059	421 047	437 821	496 391	460 082
Balance sheet — liabilities and equity
Current liabilities	17 740	78 166	64 180	0	0	0	23 956	24 807	39 314	21 586	41 764	20 979	23 523	37 462	93 406	62 469
Non-current liabilities	0	0	0	39 837	10 041	26 956	18 050	44 457	32 758	23 468	5543	0	0	0	0	0
Total liabilities	17 740	78 166	64 180	39 837	10 041	26 956	42 006	69 264	72 072	45 054	47 307	20 979	23 523	37 462	93 406	62 469
Share capital	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—
Retained earnings of previous periods	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—
Profit for the year	-4513	847	3798	2477	22 583	11 460	18 696	36 409	99 050	49 752	51 970	44 610	43 444	2835	2626	-5372
Total equity	2544	3391	7189	9666	36 336	47 796	66 492	108 698	207 748	257 500	309 470	354 080	397 524	400 359	402 985	397 613
Income statement
Sales revenue	9200	47 316	126 544	120 808	297 917	245 123	382 368	454 846	630 173	564 846	550 042	379 134	514 283	477 475	453 398	581 482
Operating profit	-4513	1336	5847	3005	22 945	13 352	22 509	41 601	101 468	52 891	52 620	44 610	43 444	2835	6930	-3287
Profit before income tax	-4513	847	3798	2576	22 583	12 387	21 265	38 977	99 050	49 752	51 970	44 610	43 444	2835	2626	-5372
Profit for the reporting year	-4513	847	3798	2477	22 583	11 460	18 696	36 409	99 050	49 752	51 970	44 610	43 444	2835	2626	-5372
Labour costs	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—
Depreciation of non-current assets	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—
Other indicators
Employees	1	1	5	5	8	10	10	13	16	17	14	15	13	15	13	15
Calculated dividend	—	0	0	0	0	0	0	0	0	0	0	0	0	0	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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Shared members or board members

Individuālais komersants "ZIEMEĻU BITE"

Summary: "NIELATEC BALTIJA" SIA

Overview

"NIELATEC BALTIJA" SIA (reg. no. 44103040440) is a limited liability company. The company was registered in 2006 and has been in the register for 20 years. Registered address: Smiltenes nov., Smiltene, Mētras iela 11.

Financial results

Revenue in 2025 was 581 482 €, up 28,2% on the previous year (453 398 €). From 2010 to 2025, revenue grew by an average of 31,8% per year. 2025 ended with a loss of 5372 €. The company was profitable in 14 of the 16 published years. In 2025 the company had 15 employees (13 a year earlier). Revenue per employee was 38 765 €. At the end of 2025, total assets were 460 082 € and equity 397 613 € (86,4% of assets).

Management and owners

The board has 2 members. According to the register, the company has 2 owners. The largest stake (57,1%) 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.