Air Baltic Corporation AS (40003245752) – company details, contacts

Registry data

Legal status

Registered

Company ID

VAT code

Incorporation date

08/02/1995

Paid share capital

41,819,525.20 EUR

Registered share capital

Activity

Passenger air transport (51.10 - NACE 2.1)

Contacts

Company registration address

See on map

Website

Latest events

from (18/11/2021)

2026-07-13

Change in officers

2026-07-13

Unidentified type of change

2026-04-30

Change in officers

2026-03-24

Change in beneficial owners

See all events

Suspensions

No suspension

Reliability

A - Highest

B - High

C - Average

D - Low

E - Lowest

Number of employees

2,772

Debts

0.00 €

0 €

* during past year

Lawsuits as defendant

Credit limit

***** €

Turnover

0,5-1 M €

+4.47 %

Business linkages

Linkages with other companies

Related persons

Head of Board

(0)

Beneficiaries: 1

Board

(7)

Historical board members: 179

Shareholder

(0)

Historical shareholders: 0

Beneficiary

(0)

Beneficiaries: 0

Business linkages

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Financial ratios

Net Profit (€)

-43,178

EBITDA margin (%)

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EBIT margin (%)

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Net Profit (€)

-43,178

EBITDA margin (%)

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EBIT margin (%)

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Indicator
Turnover (€)
Sales per employee (€) Sales per employee is a popular efficiency indicator that is often used to measure a company's performance. The average annual number of employees is usually used to calculate the indicator.
Profit before tax (€)
Net Profit (€)
Profit per employee (€) This ratio is on of company's growth indicators. It shows how much profit per employee is earned by the company.
Total profitability (%) It is an indicator of company's performance efficiency, calculated as ratio of gross profit to sales revenue.
Net profitability (%) This ratio is commonly referred to as a company’s “bottom line” and is a true indicator of a company’s profitability. It shows how much a net profit of € 1 (or other monetary unit) is generated by sales.
Equity (€)
Amounts Payable And Liabilities (€)
Non-current Assets (€)
Current Assets (€)
Working capital requirement (%) The working capital requirement indicator shows how much funds a company needs to develop and maintain a business.
Debt-to-equity ratio The debt-to-equity ratio is used to evaluate a company's financial leverage and is calculated by dividing a company’s total liabilities by its shareholder equity. This ratio is a measure of the degree to which a company is financing its operations through debt versus wholly owned funds. More specifically, it reflects the ability of shareholder equity to cover all outstanding debts in the event of a business downturn.
EBITDA margin (%) EBITDA stands for Earnings Before Interest, Taxes, Depreciation, and Amortization and is a metric used to evaluate a company’s operating performance. It can be seen as a proxy for cash flow from the entire company’s operations.
EBITDA (€) EBITDA stands for Earnings Before Interest, Taxes, Depreciation, and Amortization. Lenders use EBITDA to calculate a company’s ability to repay a loan and pay interest.
EBIT margin (%) EBIT margin shows the profitability of a company over a certain period of time.
EBIT (€) EBIT (earnings before interest and taxes) is a company's net income before income tax expense and interest expenses are deducted. EBIT is used to analyze the performance of a company's core operations without the costs of the capital structure and tax expenses impacting profit.

2023
660,493
268
33,852
33,852
14
-
5.13
-47,889
1,343,989
1,209,928
114,030

2024
742,114
286
-118,803
-118,803
-46
-
-16.01
-165,824
1,550,732
1,276,268
138,434

2025
775,297
280
-43,178
-43,178
-16
-
-5.57
-182,880
1,647,763
1,367,449
128,490

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2025
775,297
280
-43,178
-43,178
-16
-
-5.57
-182,880
1,647,763
1,367,449
128,490

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with Freemium unlimited

2025

Turnover (€)

775,297 €4 % *

Sales per employee (€)

280 €-2 % *

Profit before tax (€)

-43,178 €64 % *

Net Profit (€)

-43,178 €64 % *

Profit per employee (€)

-16 €65 % *

Total profitability (%)

Net profitability (%)

-5.57 %65.21 % *

Equity (€)

-182,880 €-10 % *

Amounts Payable And Liabilities (€)

1,647,763 €6 % *

Non-current Assets (€)

1,367,449 €7 % *

Current Assets (€)

128,490 €-7 % *

*over the last year starting selected period

Credit history

No. of unpaid debts

Largest debt

VID

Amount of unpaid debts

€0.00

Oldest open debt

No. of unpaid debts

Largest debt

VID

Amount of unpaid debts

€0.00

Oldest open debt

Credit report

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Company has debt ?

Unpaid debts

Creditor/Data source	Debt amount	Debt date	Debt type
-	-	-	-

Debts payment history

Creditor/Data source	Debt amount	Debt date	Payment date	Debt type
-	-	-	-	-

Tax debts

Legal proceedings

Defendant

(59)

Number of casesWithin last 2 years

Plaintiff

(9)

Number of casesWithin last 2 years

Cases (Company as defendant)

Case No./date	Process parties	Case/Court ruling	Court	No. of court hearings	More
-	-	-	-	-	-

Cases (Company as plaintiff)

Case No./date	Process parties	Case/Court ruling	Court	No. of court hearings	More
-	-	-	-	-	-

Public data

Data source	Information	Additional data
	Total amount of taxes administered by the SRS and paid by taxpayers within the tax year 2022	Total amount: 27,038,130
	Total amount of taxes administered by the SRS and paid by taxpayers within the tax year 2021	Total amount: 6,878,400
	Total amount of taxes administered by the SRS and paid by taxpayers within the tax year 2020	Total amount: 7,970,710
	Total amount of taxes administered by the SRS and paid by taxpayers within the tax year 2019	Total amount: 18,209,260
	Total amount of taxes administered by the SRS and paid by taxpayers within the tax year 2018	Total amount: 16,884,280

Similar companies

Air Baltic Corporation AS has no similar companies

No companies with a similar business profile were found for Air Baltic Corporation AS.

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Description

About Air Baltic Corporation AS

Air Baltic Corporation AS is a registered company in Latvia. It was incorporated on 08/02/1995 and is registered under company number 40003245752. Its registered office is located at Tehnikas iela 3, Lidosta "Rīga", Mārupes pag., Mārupes nov., LV-1053. The company's registered activity is Passenger air transport (51.10 - NACE 2.1).

Frequently Asked Questions

What is the current status of Air Baltic Corporation AS?

Air Baltic Corporation AS is currently Registered. It was registered on 08/02/1995.

What is Air Baltic Corporation AS registered address?

Air Baltic Corporation AS registered address is Tehnikas iela 3, Lidosta "Rīga", Mārupes pag., Mārupes nov., LV-1053.

What is Air Baltic Corporation AS activity?

Air Baltic Corporation AS operates in Passenger air transport (51.10 - NACE 2.1).

How many employees does Air Baltic Corporation AS have?

Air Baltic Corporation AS has 2772 employees (2025).

What is the annual turnover of Air Baltic Corporation AS?

Air Baltic Corporation AS reported a turnover of 775,297 EUR in 2025.

Does Air Baltic Corporation AS have any current state debt?

Air Baltic Corporation AS currently has no outstanding state debt.