| year | 2025Latest | 2024 | 2023 |
|---|---|---|---|
Revenue | 107,7m € +13.2% | 95,1m € +9.5% | 86,9m € +12.3% |
Profit | 5m € +69.9% | 2,9m € +14460.1% | -20,3k € -101.0% |
Assets | 43,9m € +6.3% | 41,3m € +12.6% | 36,7m € -13.8% |
Liabilities | 32,5m € -2.8% | 33,4m € +5.4% | 31,7m € +20.7% |
Equity | 11,4m € +45.2% | 7,8m € +59.0% | 4,9m € -69.6% |
Employees | 96 -2.0% | 98 +0.0% | 98 -16.2% |
Overall rating | A+96/100 |
Financial health | 100/100 |
Credit history | 100/100 |
Legal history | 100/100 |
Business activity | 75/100 |
| Overall risk | Low |
No risk flags | |
No tax debts | |
Regular report filing | |
Positive equity | |
Can cover short-term debts | |
| Indicator | Value | Rank | Comparison | |
|---|---|---|---|---|
Company age | 9 years | 155 - 159 | 20% | |
Net revenue | 107 723 206,00 € | 1 - 3 | 100% | |
Profit | 4 950 243,00 € | 1 - 4 | 99% | |
Equity | 11 397 681,00 € | 2 - 6 | 98% | |
Assets | 43 895 203,00 € | 1 - 4 | 99% | |
Fixed assets | 154 336,00 € | - | 60% | |
Investments | 348 750,00 € | - | 90% | |
Liquidity | 1.34 | - | 40% | |
Profitability | 4.6% | - | 10% | |
Registered capital | 3 000 000,00 € | - | 90% |
| Name, surname | Birth date | Position | Representation rights | Registered | |
|---|---|---|---|---|---|
| - | Board member | Independently | |||
| - | Board member | Independently | |||
| Board member | Independently |
SIA Novartis Baltics is located at Rīga, Skanstes iela 25, LV-1013.
In 2025, SIA Novartis Baltics had revenue of 107 723 206 € and profit of 4 950 243 €. Compared to previous year, revenue increased by 13.2%. View full financial report →
SIA Novartis Baltics's estimated company value is calculated from its publicly filed financial statements, using earnings, revenue, asset-based and discounted-cash-flow methods. See full valuation →
In 2024, SIA Novartis Baltics had an average of 40 employees. View tax history →
Yes, SIA Novartis Baltics is registered as an active VAT payer with VAT number LV40203071239.
In 2024, the average gross salary at SIA Novartis Baltics was approximately 5997,48 € per month (net ~ 4129,02 €). This is an approximate calculation. View salary details →
SIA Novartis Baltics was founded on May 24, 2017. The company has been operating for 9 years.
In 2025, SIA Novartis Baltics had revenue of 107.7 million € and profit of 5 million €. The company has 40 employees.
| Name, surname | Shares | Ownership rights |
|---|---|---|
| Novartis Pharma AG | 3000 | 100.00% |
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.