"Sunshine Baltics" SIAActive
Key figures
Ratios
2025Balance sheet structure
Dividends
from the reportDividends paid 1 095 000 € (48% of equity at the end of the previous year).
Summary of financial statements2015–2025
| 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Balance sheet — assets | |||||||||||
| Total current assets | 350 445 | 479 263 | 447 946 | 506 424 | 998 074 | 702 386 | 1 402 652 | 1 507 555 | 1 892 316 | 4 915 874 | 5 870 496 |
| Total non-current assets | 169 085 | 306 640 | 413 369 | 636 593 | 476 991 | 405 013 | 299 933 | 322 980 | 214 262 | 816 879 | 686 809 |
| Total assets | 519 530 | 785 903 | 861 315 | 1 143 017 | 1 475 065 | 1 107 399 | 1 702 585 | 1 830 535 | 2 106 578 | 5 732 753 | 6 557 305 |
| Balance sheet — liabilities and equity | |||||||||||
| Current liabilities | 462 256 | 556 136 | 626 219 | 797 423 | 1 264 550 | 630 722 | 665 536 | 906 026 | 909 121 | 3 370 959 | 3 378 671 |
| Non-current liabilities | 100 633 | 112 731 | 6087 | 6087 | 0 | 56 888 | 17 246 | 0 | 0 | 94 437 | 42 674 |
| Total liabilities | 562 889 | 668 867 | 632 306 | 803 510 | 1 264 550 | 687 610 | 682 782 | 906 026 | 909 121 | 3 465 396 | 3 421 345 |
| Share capital | — | — | — | — | — | — | — | — | — | — | — |
| Retained earnings of previous periods | — | — | — | — | — | — | — | — | — | — | — |
| Profit for the year | -59 944 | 198 926 | 196 626 | 306 057 | 32 909 | 359 274 | 900 015 | 921 704 | 772 948 | 1 171 077 | 1 853 747 |
| Total equity | -57 144 | 113 853 | 229 009 | 339 507 | 210 515 | 419 789 | 1 019 803 | 924 509 | 1 197 457 | 2 267 357 | 3 135 960 |
| Income statement | |||||||||||
| Sales revenue | 1 153 044 | 2 096 866 | 2 249 842 | 2 301 136 | 2 819 431 | 2 458 073 | 1 861 925 | 3 399 660 | 3 386 992 | 11 110 982 | 13 488 084 |
| Operating profit | -59 944 | 232 467 | 234 647 | 308 403 | 70 944 | -9278 | 552 746 | 356 651 | 360 184 | 1 468 134 | 2 193 524 |
| Profit before income tax | -59 944 | 231 705 | 234 647 | 308 403 | 240 944 | 396 893 | 901 913 | 1 060 528 | 775 135 | 1 492 647 | 2 201 196 |
| Profit for the reporting year | -59 944 | 198 926 | 196 626 | 306 057 | 32 909 | 359 274 | 900 015 | 921 704 | 772 948 | 1 171 077 | 1 853 747 |
| Labour costs | — | — | — | — | — | — | — | — | — | — | — |
| Depreciation of non-current assets | — | — | — | — | — | — | — | — | — | — | — |
| Other indicators | |||||||||||
| Employees | 18 | 31 | 31 | 31 | 52 | 49 | 42 | 38 | 42 | 111 | 130 |
| Calculated dividend | 0 | 0 | 81 470 | 195 559 | 161 901 | 150 000 | 300 001 | 1 016 998 | 500 000 | 1 095 000 | 1 095 000 |
A dash (—) means the report has not been filed or the line is not reported; 0 is a zero stated in the report.
Connections graph
Summary: "Sunshine Baltics" SIA
Overview
"Sunshine Baltics" SIA (reg. no. 50103825571) is a limited liability company. The company was registered in 2014 and has been in the register for 12 years. Registered address: Rīga, Dzirnavu iela 57A - 4.
Financial results
Revenue in 2025 was 13 488 084 €, up 21,4% on the previous year (11 110 982 €). From 2015 to 2025, revenue grew by an average of 27,9% per year. This is the company's highest revenue among the published years (2015–2025). Net profit for 2025 was 1 853 747 € (13,7% of revenue). The company was profitable in 10 of the 11 published years. In 2025 the company had 130 employees (111 a year earlier). Revenue per employee was 103 754 €. At the end of 2025, total assets were 6 557 305 € and equity 3 135 960 € (47,8% of assets).
Management and owners
The board has 2 members. 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.