SIA "Grant Thornton Baltic"Active
Key figures
Ratios
2025Balance sheet structure
Dividends
calculatedPaid out in dividends approximately 478 599 € (70% of equity at the end of the previous year).
Low confidence: the company does not file a cash flow statement, so the amount is an estimate from changes in equity — it may also include other reductions of equity (e.g. a share capital reduction).
Summary of financial statements2008–2025
| 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Balance sheet — assets | ||||||||||||||||||
| Total current assets | 43 664 | 100 158 | 80 599 | 125 284 | 153 672 | 218 398 | 236 528 | 457 146 | 477 027 | 367 463 | 349 346 | 632 677 | 488 861 | 807 249 | 1 194 595 | 1 185 039 | 1 148 846 | 1 068 258 |
| Total non-current assets | 10 526 | 14 124 | 10 859 | 11 568 | 8905 | 12 235 | 15 084 | 30 205 | 51 260 | 55 172 | 74 576 | 56 465 | 45 626 | 29 042 | 46 040 | 61 888 | 41 000 | 37 054 |
| Total assets | 54 190 | 114 282 | 91 458 | 136 852 | 162 577 | 230 633 | 251 612 | 487 351 | 528 287 | 422 635 | 423 922 | 689 142 | 534 487 | 836 291 | 1 240 635 | 1 246 927 | 1 189 846 | 1 105 312 |
| Balance sheet — liabilities and equity | ||||||||||||||||||
| Current liabilities | 58 336 | 112 957 | 84 410 | 98 066 | 100 795 | 106 761 | 97 706 | 368 065 | 423 030 | 404 679 | 340 394 | 318 709 | 283 774 | 333 054 | 542 973 | 562 151 | 482 053 | 545 855 |
| Non-current liabilities | 36 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 84 858 | 0 | 43 508 | 28 811 | 18 860 | 2829 | 13 633 | 27 200 | 19 215 | 11 621 |
| Total liabilities | 58 372 | 112 957 | 84 410 | 98 066 | 100 795 | 106 761 | 97 706 | 368 065 | 507 888 | 404 679 | 383 902 | 347 520 | 302 634 | 335 883 | 556 606 | 589 351 | 501 268 | 557 476 |
| Share capital | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Retained earnings of previous periods | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Profit for the year | -2092 | 659 | 2435 | 28 450 | 31 509 | 62 685 | 80 092 | 15 590 | 21 007 | -2443 | 22 064 | 301 602 | 167 710 | 430 437 | 519 253 | 433 883 | 487 784 | 337 857 |
| Total equity | -4182 | 1325 | 7048 | 38 786 | 45 509 | 84 753 | 103 394 | 55 331 | 20 399 | 17 956 | 40 020 | 341 622 | 231 853 | 500 408 | 684 029 | 657 576 | 688 578 | 547 836 |
| Income statement | ||||||||||||||||||
| Sales revenue | 154 987 | 235 496 | 280 894 | 370 486 | 412 220 | 709 884 | 858 793 | 1 288 993 | 1 565 666 | 1 802 548 | 2 009 632 | 2 062 086 | 1 535 828 | 1 913 852 | 2 299 691 | 2 545 773 | 2 712 281 | 2 652 185 |
| Operating profit | -246 | 970 | 5868 | 35 922 | 39 355 | 79 479 | 97 992 | 26 036 | 28 244 | 1896 | 25 683 | 304 321 | 233 985 | 472 860 | 604 958 | 552 040 | 606 987 | 462 044 |
| EBITDA | 2570 | 5589 | 11 920 | 42 340 | 44 539 | 87 352 | 104 562 | 33 727 | 36 123 | 12 404 | 37 889 | 327 567 | 257 033 | 494 169 | 630 820 | 578 260 | 637 755 | 492 457 |
| Profit before income tax | -246 | 970 | 4097 | 35 554 | 38 970 | 78 979 | 97 992 | 23 589 | 21 007 | -2443 | 22 118 | 302 345 | 233 290 | 472 487 | 604 463 | 549 638 | 603 076 | 458 108 |
| Profit for the reporting year | -2092 | 659 | 2435 | 28 450 | 31 509 | 62 685 | 80 092 | 15 590 | 21 007 | -2443 | 22 064 | 301 602 | 167 710 | 430 437 | 519 253 | 433 883 | 487 784 | 337 857 |
| Labour costs | 82 307 | 114 595 | 117 369 | 196 595 | 221 914 | 393 740 | 511 079 | 817 542 | 891 479 | 1 140 043 | 1 346 821 | 1 253 024 | 949 365 | 1 085 834 | 1 252 689 | 1 494 968 | 1 619 355 | 1 703 108 |
| Depreciation of non-current assets | 2816 | 4619 | 6052 | 6418 | 5184 | 7873 | 6570 | 7691 | 7879 | 10 508 | 12 206 | 23 246 | 23 048 | 21 309 | 25 862 | 26 220 | 30 768 | 30 413 |
| Other indicators | ||||||||||||||||||
| Employees | 9 | 11 | 15 | 15 | 22 | 22 | 27 | 46 | 65 | 55 | 71 | 64 | 40 | 41 | 41 | 45 | 48 | 50 |
| Calculated dividend | 0 | 0 | 0 | 0 | 24 786 | 23 441 | 56 295 | 0 | 0 | 0 | 0 | 0 | 277 479 | 161 882 | 335 632 | 460 336 | 456 782 | 478 599 |
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 "Grant Thornton Baltic"
Overview
SIA "Grant Thornton Baltic" (reg. no. 50003619401) is a limited liability company. The company was registered in 2003 and has been in the register for 23 years. Registered address: Rīga, Blaumaņa iela 22.
Financial results
Revenue in 2025 was 2 652 185 €, down 2,2% on the previous year (2 712 281 €). From 2008 to 2025, revenue grew by an average of 18,2% per year. Net profit for 2025 was 337 857 € (12,7% of revenue). The company was profitable in 16 of the 18 published years. In 2025 the company had 50 employees (48 a year earlier). Revenue per employee was 53 044 €. At the end of 2025, total assets were 1 105 312 € and equity 547 836 € (49,6% of assets).
Management and owners
The board has 2 members. The sole owner of the company is Grant Thornton Baltic Holding TU.
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 02.11.2026. Changes, averages and ratios are calculated by entity.lv from open data and are not an official assessment.