SIA Seastar BalticActive
Key figures
Ratios
2025Balance sheet structure
Dividends
calculatedNo dividends were paid.
Summary of financial statements2018–2025
| 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|---|---|---|---|
| Balance sheet — assets | ||||||||
| Total current assets | 3511 | 1397 | 2193 | 3597 | 323 508 | 355 463 | 220 632 | 402 066 |
| Total non-current assets | 0 | 1760 | 3838 | 0 | 0 | 65 716 | 55 433 | 180 647 |
| Total assets | 3511 | 3157 | 6031 | 3597 | 323 508 | 421 179 | 276 065 | 582 713 |
| Balance sheet — liabilities and equity | ||||||||
| Current liabilities | 5257 | 3793 | 28 343 | 32 490 | 283 705 | 87 106 | 21 856 | 228 301 |
| Non-current liabilities | 5688 | 6863 | 8883 | 22 203 | 0 | 0 | 0 | 43 466 |
| Total liabilities | 10 945 | 10 656 | 37 226 | 54 693 | 283 705 | 87 106 | 21 856 | 271 767 |
| Share capital | — | — | — | — | — | — | — | — |
| Retained earnings of previous periods | — | — | — | — | — | — | — | — |
| Profit for the year | -7436 | -65 | -23 696 | -20 001 | 83 801 | 294 270 | -24 036 | 53 992 |
| Total equity | -7434 | -7499 | -31 195 | -51 096 | 39 803 | 334 073 | 250 037 | 310 946 |
| Income statement | ||||||||
| Sales revenue | 18 764 | 80 488 | 62 336 | 46 764 | 72 242 | 550 854 | 195 776 | 288 403 |
| Operating profit | -7440 | 874 | -23 696 | -20 001 | 83 801 | 294 720 | -9074 | 49 835 |
| EBITDA | -2471 | 1003 | -23 118 | -18 963 | — | — | — | — |
| Profit before income tax | -7436 | -65 | -23 696 | -20 001 | 83 801 | 294 720 | -8870 | 54 190 |
| Profit for the reporting year | -7436 | -65 | -23 696 | -20 001 | 83 801 | 294 270 | -24 036 | 53 992 |
| Labour costs | 4539 | 17 046 | 11 666 | 16 672 | — | — | — | — |
| Depreciation of non-current assets | 4969 | 129 | 578 | 1038 | — | — | — | — |
| Other indicators | ||||||||
| Employees | 3 | 3 | 3 | 3 | 2 | 2 | 2 | 3 |
| Calculated dividend | — | 0 | 0 | 0 | 0 | 0 | 60 000 | 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 Seastar Baltic
Overview
SIA Seastar Baltic (reg. no. 44103118826) is a limited liability company. The company was registered in 2018 and has been in the register for 8 years. Registered address: Ventspils, Dzintaru iela 18A.
Financial results
Revenue in 2025 was 288 403 €, up 47,3% on the previous year (195 776 €). From 2018 to 2025, revenue grew by an average of 47,7% per year. Net profit for 2025 was 53 992 € (18,7% of revenue). The company was profitable in 3 of the 8 published years. In 2025 the company had 3 employees (2 a year earlier). Revenue per employee was 96 134 €. At the end of 2025, total assets were 582 713 € and equity 310 946 € (53,4% of assets).
Management and owners
The company has one board member. According to the register, the company has 2 owners. The largest stake (50%) 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.