BAY SIAActive

50203320491Limited liability companyFounded 2021

Key figures

124 478 €+11,4%
Revenue 2025
+14,6%
Average annual growth 2021–2025
050 k100 k150 k20212022202320242025

Ratios

2025
Balance sheet structure
Current assetsNon-current assetsLiabilitiesEquity
020 k40 k20212022202320242025
Summary of financial statements2021–2025
20212022202320242025
Balance sheet — assets
Total current assets28 02133 27330 21616 10421 342
Total non-current assets0002362787
Total assets28 02133 27330 21618 46622 129
Balance sheet — liabilities and equity
Current liabilities17 36115 41615 11216 14618 820
Non-current liabilities00000
Total liabilities17 36115 41615 11216 14618 820
Share capital—————
Retained earnings of previous periods—————
Profit for the year78607197-2753-12 784989
Total equity10 66017 85715 10423203309
Income statement
Sales revenue72 077127 690116 880111 728124 478
Operating profit78607197-2753-12 784989
Profit before income tax78607197-2753-12 784989
Profit for the reporting year78607197-2753-12 784989
Labour costs—————
Depreciation of non-current assets—————
Other indicators
Employees11222
Calculated dividend—0000

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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50%50%BAY SIA3Karpuhins Leonīds1Muraševs Sergejs
CompanyPersonShareholderOther roleAdditional link

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Summary: BAY SIA

Overview

BAY SIA (reg. no. 50203320491) is a limited liability company. The company was registered in 2021 and has been in the register for 5 years. Registered address: Rīga, Vienības gatve 101.

Financial results

Revenue in 2025 was 124 478 €, up 11,4% on the previous year (111 728 €). From 2021 to 2025, revenue grew by an average of 14,6% per year. Net profit for 2025 was 989 € (0,8% of revenue). The company was profitable in 3 of the 5 published years. In 2025 the company had 2 employees. Revenue per employee was 62 239 €. At the end of 2025, total assets were 22 129 € and equity 3309 € (15,0% 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.