In 2025, Sabiedrība ar ierobežotu atbildību "Baltex Group" had revenue of 1.5 million EUR and profit of 104.6 thousand EUR. The company has 34 employees. Beneficial owners: Mārtiņš Ratnieks.
| year | 2025Latest | 2024 | 2023 |
|---|---|---|---|
Revenue | 1,5m € -12.4% | 1,8m € +66.7% | 1,1m € +14.0% |
Profit | 104,6k € -80.4% | 533k € +4006.7% | 13k € -76.9% |
Assets | 1,5m € +30.2% | 1,2m € +93.4% | 596,7k € -22.1% |
Liabilities | 464,1k € +110.5% | 220,5k € +12.3% | 196,3k € -42.5% |
Equity | 1m € +11.2% | 933,4k € +133.1% | 400,4k € -5.8% |
Employees | 40 +11.1% | 36 +16.1% | 31 +14.8% |
Overall rating | A+92/100 |
Financial health | 95/100 |
Credit history | 100/100 |
Legal history | 100/100 |
Business activity | 65/100 |
| Overall risk | Low |
No risk flags | |
No tax debts | |
Positive profit | |
Regular report filing | |
| Name, surname | Birth date | Position | Representation rights | Registered | |
|---|---|---|---|---|---|
| Board member | Independently |
Project count
50
Total funding
€89 172 355
EU support
€59 579 560
| Project | Period | Role | Funding received | Status |
|---|---|---|---|---|
Atbalsts pētniecībai un internacionalizācijai Enerģētikas un transporta kompetences centra ietvaros 5.1.1.2.i.0/2/24/A/CFLA/002 Program: AF | 2024. gada 4. jūlijs until 2027. gada 31. decembris | partner | - | Līgums |
Atbalsts pētniecībai un internacionalizācijai Enerģētikas un transporta kompetences centra ietvaros 5.1.1.2.i.0/2/24/A/CFLA/002 Program: AF | 2024. gada 4. jūlijs until 2027. gada 31. decembris | partner | - | Līgums |
Atbalsts pētniecībai un internacionalizācijai Enerģētikas un transporta kompetences centra ietvaros 5.1.1.2.i.0/2/24/A/CFLA/002 Program: AF | 2024. gada 4. jūlijs until 2027. gada 31. decembris | partner | - | Līgums |
Atbalsts pētniecībai un internacionalizācijai Enerģētikas un transporta kompetences centra ietvaros 5.1.1.2.i.0/2/24/A/CFLA/002 Program: AF | 2024. gada 4. jūlijs until 2027. gada 31. decembris | partner | - | Līgums |
Atbalsts pētniecībai un internacionalizācijai Enerģētikas un transporta kompetences centra ietvaros 5.1.1.2.i.0/2/24/A/CFLA/002 Program: AF | 2024. gada 4. jūlijs until 2027. gada 31. decembris | partner | - | Līgums |
Atbalsts pētniecībai un internacionalizācijai Enerģētikas un transporta kompetences centra ietvaros 5.1.1.2.i.0/2/24/A/CFLA/002 Program: AF | 2024. gada 4. jūlijs until 2027. gada 31. decembris | partner | - | Līgums |
Atbalsts pētniecībai un internacionalizācijai Enerģētikas un transporta kompetences centra ietvaros 5.1.1.2.i.0/2/24/A/CFLA/002 Program: AF | 2024. gada 4. jūlijs until 2027. gada 31. decembris | partner | - | Līgums |
Atbalsts pētniecībai un internacionalizācijai Enerģētikas un transporta kompetences centra ietvaros 5.1.1.2.i.0/2/24/A/CFLA/002 Program: AF | 2024. gada 4. jūlijs until 2027. gada 31. decembris | partner | - | Līgums |
Atbalsts pētniecībai un internacionalizācijai Enerģētikas un transporta kompetences centra ietvaros 5.1.1.2.i.0/2/24/A/CFLA/002 Program: AF | 2024. gada 4. jūlijs until 2027. gada 31. decembris | partner | - | Līgums |
Atbalsts pētniecībai un internacionalizācijai Enerģētikas un transporta kompetences centra ietvaros 5.1.1.2.i.0/2/24/A/CFLA/002 Program: AF | 2024. gada 4. jūlijs until 2027. gada 31. decembris | partner | - | Līgums |
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Sabiedrība ar ierobežotu atbildību "Baltex Group" is located at Rīga, Leņķa iela 9, LV-1006.
In 2025, Sabiedrība ar ierobežotu atbildību "Baltex Group" had revenue of 1 539 474 EUR and profit of 104 555 EUR. Compared to previous year, revenue decreased by 12.4%. View full financial report →
In 2024, Sabiedrība ar ierobežotu atbildību "Baltex Group" had an average of 34 employees. View tax history →
The beneficial owners of Sabiedrība ar ierobežotu atbildību "Baltex Group" are Mārtiņš Ratnieks. View ownership details →
Yes, Sabiedrība ar ierobežotu atbildību "Baltex Group" is registered as an active VAT payer with VAT number LV40103274353.
In 2024, the average gross salary at Sabiedrība ar ierobežotu atbildību "Baltex Group" was approximately 790,58 € per month (net ~ 657,19 €). This is an approximate calculation. View salary details →
Sabiedrība ar ierobežotu atbildību "Baltex Group" was founded on February 16, 2010. The company has been operating for 16 years.
| Indicator | Value | Rank | Comparison | |
|---|---|---|---|---|
Company age | 16 years | - | 0% | |
Net revenue | 1 539 474,00 € | - | 0% | |
Profit | 104 555,00 € | - | 0% | |
Equity | 1 037 973,00 € | - | 0% | |
Assets | 1 502 091,00 € | - | 0% | |
Fixed assets | 51 525,00 € | - | 0% | |
Investments | 200 000,00 € | - | 0% | |
Liquidity | 2.67 | - | 75% | |
Profitability | 6.8% | - | 10% | |
Registered capital | 2845,00 € | - | 0% |
Annual financial report for 2025.
Annual financial report for 2024.
Annual financial report for 2023.
Annual financial report for 2022.
Annual financial report for 2021.
Annual financial report for 2020.
Registered in the Latvian company register.
| Name, surname | Birth date | Shares | Ownership rights | |
|---|---|---|---|---|
| Mārtiņš Ratnieks | 2845 | 100.00% |
| Name, surname | Nationality | Birth date | |
|---|---|---|---|
| Mārtiņš Ratnieks | LV |