In 2024, SIA "Baltic Builders" had revenue of 10.6 million EUR and loss of 1.8 million EUR. The company has 134 employees. Beneficial owners: Igor Frizen.
Warning
Employee average salary is at or below minimum wage
NATIONAL
| year | 2024Latest | 2023 | 2022 |
|---|---|---|---|
Revenue | 10,6m € -40.5% | 17,7m € +32.0% | 13,4m € +126.2% |
Profit | -1,8m € -1676.6% | 113,1k € -83.1% | 667,7k € +683.1% |
Assets | 5m € -27.6% | 7m € +22.8% | 5,7m € +135.1% |
Liabilities | 5,3m € -2.5% | 5,4m € +27.9% | 4,2m € +157.1% |
Equity | -241k € -115.6% | 1,5m € +7.9% | 1,4m € +87.7% |
Employees | 137 -29.4% | 194 -9.3% | 214 +6.5% |
Overall rating | C48/100 |
Financial health | 15/100 |
Credit history | 80/100 |
Legal history | 80/100 |
Business activity | 20/100 |
| Overall risk | High |
No risk flags | |
No tax debts | |
Negative profit | |
Regular report filing | |
| Name, surname | Birth date | Position | Representation rights | Registered | |
|---|---|---|---|---|---|
| company.administrator | Independently |
SIA "Baltic Builders" is located at Mārupes nov., Mārupe, Dzirnieku iela 26, LV-2167.
In 2024, SIA "Baltic Builders" had revenue of 10 560 249 EUR and loss of 1 782 803 EUR. Compared to previous year, revenue decreased by 40.5%. View full financial report →
In 2024, SIA "Baltic Builders" had an average of 134 employees. View tax history →
The beneficial owners of SIA "Baltic Builders" are Igor Frizen. View ownership details →
Yes, SIA "Baltic Builders" is registered as an active VAT payer with VAT number LV40203083331.
In 2024, the average gross salary at SIA "Baltic Builders" was approximately 1806,49 € per month (net ~ 1334,57 €). This is an approximate calculation. View salary details →
SIA "Baltic Builders" was founded on July 26, 2017. The company has been operating for 9 years.
| Indicator | Value | Rank | Comparison | |
|---|---|---|---|---|
Company age | 9 years | 287 - 291 | 43% | |
Net revenue | 10 560 249,00 € | 3 - 7 | 99% | |
Profit | -1 782 803,00 € | 505 - 507 | 0% | |
Equity | -240 976,00 € | - | 10% | |
Assets | 5 037 869,00 € | 6 - 10 | 98% | |
Fixed assets | 37 457,00 € | - | 90% | |
Investments | 1 293 835,00 € | - | 90% | |
Liquidity | 1.15 | - | 40% | |
Profitability | -16.9% | - | 10% | |
Registered capital | 2800,00 € | - | 50% |
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.
Annual financial report for 2019.
Registered in the Latvian company register.
| Name, surname | Shares | Ownership rights |
|---|---|---|
| UAB Baltijos investicine kompanija | 100 | 100.00% |
| Name, surname | Nationality | Birth date | |
|---|---|---|---|
| Igor Frizen | LT | - |