SIA "BALTIC MIDLINE"Active
Key figures
Ratios
2024Balance sheet structure
Summary of financial statements2013–2024
| 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Balance sheet — assets | ||||||||||||
| Total current assets | 3 | 9987 | 17 952 | 20 652 | 24 066 | 31 106 | 30 336 | 32 187 | 33 541 | 32 268 | 36 701 | 40 632 |
| Total non-current assets | 0 | 0 | 542 | 1543 | 1206 | 869 | 1655 | 953 | 337 | 0 | 0 | 16 978 |
| Total assets | 3 | 9987 | 18 494 | 22 195 | 25 272 | 31 975 | 31 991 | 33 140 | 33 878 | 32 268 | 36 701 | 57 610 |
| Balance sheet — liabilities and equity | ||||||||||||
| Current liabilities | 0 | 499 | 2755 | 5545 | 6067 | 3980 | 4454 | 2842 | 2961 | 1158 | 1484 | 72 920 |
| Non-current liabilities | 80 | 11 144 | 19 689 | 23 079 | 29 625 | 39 320 | 41 818 | 41 818 | 41 818 | 41 818 | 42 811 | 37 811 |
| Total liabilities | 80 | 11 643 | 22 444 | 28 624 | 35 692 | 43 300 | 46 272 | 44 660 | 44 779 | 42 976 | 44 295 | 110 731 |
| Share capital | — | — | — | — | — | — | — | — | — | — | — | — |
| Retained earnings of previous periods | — | — | — | — | — | — | — | — | — | — | — | — |
| Profit for the year | 6866 | -1546 | -2294 | -2479 | -3991 | -899 | -2956 | 2761 | 619 | 194 | 3114 | -45 525 |
| Total equity | -77 | -1656 | -3950 | -6429 | -10 420 | -11 325 | -14 281 | -11 520 | -10 901 | -10 708 | -7594 | -53 121 |
| Income statement | ||||||||||||
| Sales revenue | 7025 | 4039 | 26 494 | 35 269 | 31 347 | 38 895 | 43 813 | 37 409 | 41 342 | 38 358 | 45 290 | 771 507 |
| Operating profit | 6867 | -1535 | -2308 | -2480 | -4028 | -905 | -2956 | 2761 | 619 | 194 | 3114 | -45 525 |
| EBITDA | — | — | — | -2480 | -4028 | -905 | — | — | — | — | — | — |
| Profit before income tax | 6866 | -1546 | -2294 | -2479 | -3991 | -899 | -2956 | 2761 | 619 | 194 | 3114 | -45 525 |
| Profit for the reporting year | 6866 | -1546 | -2294 | -2479 | -3991 | -899 | -2956 | 2761 | 619 | 194 | 3114 | -45 525 |
| Labour costs | — | — | — | 0 | 0 | 0 | — | — | — | — | — | — |
| Depreciation of non-current assets | — | — | — | 0 | 0 | 0 | — | — | — | — | — | — |
| Other indicators | ||||||||||||
| Employees | 1 | 2 | 1 | 1 | 1 | 2 | 2 | 2 | 2 | 2 | 2 | 24 |
| Calculated dividend | — | 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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Summary: SIA "BALTIC MIDLINE"
Overview
SIA "BALTIC MIDLINE" (reg. no. 44103042225) is a limited liability company. The company was registered in 2006 and has been in the register for 20 years. Registered address: Ādažu nov., Ādaži, Gaujmalas iela 2.
Financial results
Revenue in 2024 was 771 507 €, up 1603% on the previous year (45 290 €). From 2013 to 2024, revenue grew by an average of 53,3% per year. This is the company's highest revenue among the published years (2013–2024). 2024 ended with a loss of 45 525 €. The company was profitable in 5 of the 12 published years. In 2024 the company had 24 employees (2 a year earlier). Revenue per employee was 32 146 €.
Management and owners
The sole owner of the company is a private individual.
Points to note
Equity was negative at the end of 2024 (-53 121 €).
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.