Air Baltic Corporation AS

ActiveJoint-stock company (AS)Since 08-02-1995

Reg. no: 40003245752
VAT: LV40003245752
LEI: 213800JVURXEAA48FV35

Financials

18 filed years

Financial explorer · 2014

Source

Reported

Totals

Navaam calculates

Navaam checks

Uzņēmumu reģistrs (annual reports) · 2014 sourced from Cash and bank
Uzņēmumu reģistrs (annual reports) · 2014 sourced from Trade receivables
Uzņēmumu reģistrs (annual reports) · 2014 sourced from Inventories
Uzņēmumu reģistrs (annual reports) · 2014 sourced from Current assets
Uzņēmumu reģistrs (annual reports) · 2014 sourced from Current liabilities
Cash and bank part of Current assets
Trade receivables part of Current assets
Inventories part of Current assets
Current assets calculates Current ratio
Current liabilities calculates Current ratio
Current assets calculates Quick ratio
Inventories calculates Quick ratio
Current liabilities calculates Quick ratio
Cash and bank calculates Cash ratio
Current liabilities calculates Cash ratio
Current assets calculates Working capital
Current liabilities calculates Working capital
Trade receivables calculates Days sales outstanding
Days sales outstanding affects Working capital
Current ratio affects Current ratio
Uzņēmumu reģistrs (annual reports) · 2014 affects Latest accounts

Ratios by year

Uzņēmumu reģistrs (annual reports)

Financial ratios by year
Ratio	2008	2009	2010	2011	2012	2013	2014	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024	2025	Reading
Equity ratioEquity / Total assets	-31.1%	-13.6%	-34.2%	-132.0%	-135.0%	-134.5%	-131.5%	-59.1%	20.7%	10.6%	7.3%	3.5%	1.8%	-11.5%	-7.1%	-3.6%	-11.7%	-12.3%	Weak
Net marginNet income / Revenue	-13.2%	5.4%	-17.6%	-41.9%	-9.8%	0.5%	3.0%	6.8%	0.0%	1.6%	0.7%	-1.8%	-190.5%	-68.5%	-10.9%	5.1%	-15.8%	-5.7%	Weak
ROANet income / Total assets	-44.0%	16.8%	-62.0%	-105.9%	-20.6%	1.0%	6.0%	13.3%	0.0%	1.2%	0.5%	-0.9%	-28.1%	-13.2%	-4.7%	2.5%	-8.3%	-3.0%	Weak
ROENet income / Equity	—	—	—	—	—	—	—	—	0.2%	11.4%

Sources: Uzņēmumu reģistrs · VIES · Uzņēmumu reģistrs (annual reports) · GLEIF. Retrieved 12-09-2026

Uzņēmumu reģistrsCC0 1.012-09-2026
VIESNo VIES-specific reuse terms12-09-2026
Uzņēmumu reģistrs (annual reports)CC0 1.012-09-2026
GLEIFCC0 1.012-09-2026

All sources and licences

Liquidity and leverage by year

Uzņēmumu reģistrs (annual reports)

From the common chart of accounts Navaam reads out of this registry’s lines (see Classification below). Days-based metrics depend on the sector and carry no reading.

Liquidity and leverage metrics by year
Metric	2008	2009	2010	2011	2012	2013	2014	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024	2025	Reading
Current ratioCurrent assets ÷ Current liabilities	0.31×	0.43×	0.31×	0.26×	0.36×	0.32×	0.56×	0.52×	1.27×	0.64×	0.36×	1.10×	1.52×	0.75×	0.43×	0.23×	0.39×	0.27×	Weak
Quick ratio(Current assets − Inventories) ÷ Current liabilities	0.30×	0.41×	0.29×	0.24×	0.35×	0.31×	0.53×	0.48×	1.21×	0.59×	0.32×	1.06×	1.49×	0.72×	0.39×	0.20×	0.35×	0.24×	Weak
Cash ratioCash ÷ Current liabilities	0.04×	0.03×	0.02×	0.02×	0.03×	0.04×	0.07×	0.05×	0.74×	0.17×	0.05×	0.77×	1.13×	0.38×	0.16×	0.06×	0.09×	0.02×	—
Working capitalCurrent assets − Current liabilities	−€76M	−€59.5M	−€62.2M	−€111.4M	−€81.1M	−€100.3M	−€33.6M	−€33.2M	€16.3M	−€29.6M	−€79.7M	€15.9M	€68.8M	−€51M	−€132.8M	−€380M	−€216.4M	−€345M	Weak
Days sales outstandingTrade receivables ÷ Revenue × 365	37 days	49 days	31 days	36 days	41 days	38 days	37 days	36 days	41 days	42 days	29 days	33 days	122 days	126 days	39 days	37 days	43 days	49 days	—
Liabilities to equityTotal liabilities ÷ Equity	—	—	—	—	—	—	—	—	3.83×	8.45×	12.67×	27.64×	54.23×	—	—	—	—	—	—

Classification 2014

Uzņēmumu reģistrs (annual reports)

How Navaam maps this registry’s filed lines onto its common chart of accounts. Reported entries name the line codes used; derived entries show the arithmetic.

Chart of accounts classification
Account	Value	Basis	From
Current assets	€42.2M	Reported	total_current_assets
Cash and bank	€5.4M	Reported	cash
Trade receivables	€25.9M	Reported	accounts_receivable
Inventories	€1.7M	Reported	inventories
Non-current assets	€86.2M	Reported	total_non_current_assets
Current liabilities	€75.7M	Reported	current_liabilities
Non-current liabilities	€177.9M	Reported	non_current_liabilities
Total liabilities	€297.2M	Derived	Total assets − Equity
Personnel costs	€38.1M	Reported	by_nature_labour_expenses
Depreciation and amortisation	€6.1M	Reported	by_nature_depreciation_expenses
Finance costs	€4M	Reported	interest_expenses
Profit before tax	€10.6M	Reported	income_before_income_taxes
Income tax	€616k	Reported	provision_for_income_taxes

Revenue	779
Net income	-44.3
Equity	-183.6
Total assets	1,496
Net turnover	779
Material expenses	0
Labour expenses	153.2
Depreciation	130.4
Other operating expenses	460.2
Interest expenses	105.7
Income before income taxes	-44.3
Income taxes	0
Net income	-44.3
Cash	11.2
Marketable securities	0.8
Accounts receivable	103.9
Inventories	12.6
Total current assets	128.6
Long-term investments	166.4
Fixed assets	1,176.1
Intangible assets	24.9
Total non-current assets	1,367.4
Total assets	1,496
Current liabilities	473.6
Non-current liabilities	1,175
Provisions	31.1
Equity	-183.6
Total equity and liabilities	1,496

Revenue	746
Net income	-118.2
Equity	-165.3
Total assets	1,415.8
Net turnover	746
Material expenses	0
Labour expenses	131.4
Depreciation	152.2
Other operating expenses	524.1
Interest expenses	93.5
Income before income taxes	-118.2
Income taxes	0
Net income	-118.2
Cash	33.2
Marketable securities	0.2
Accounts receivable	88.4
Inventories	14.3
Total current assets	136.1
Long-term investments	134.4
Fixed assets	1,123.7
Intangible assets	21.6
Total non-current assets	1,279.7
Total assets	1,415.8
Current liabilities	352.5
Non-current liabilities	1,198.8
Provisions	29.8
Equity	-165.3
Total equity and liabilities	1,415.8

Revenue	664.2
Net income	33.7
Equity	-48.3
Total assets	1,324.7
Net turnover	664.2
Material expenses	0
Labour expenses	107.2
Depreciation	91.1
Other operating expenses	453.2
Interest expenses	63.9
Income before income taxes	33.7
Income taxes	0
Net income	33.7
Cash	29.1
Marketable securities	0.5
Accounts receivable	66.5
Inventories	16
Total current assets	112.1
Long-term investments	93.1
Fixed assets	1,101.4
Intangible assets	18.2
Total non-current assets	1,212.6
Total assets	1,324.7
Current liabilities	492.1
Non-current liabilities	853.1
Provisions	27.9
Equity	-48.3
Total equity and liabilities	1,324.7

Revenue	495.5
Net income	-54.2
Equity	-82
Total assets	1,158.9
Net turnover	495.5
Material expenses	0
Labour expenses	76.7
Depreciation	74.3
Other operating expenses	389.4
Interest expenses	59
Income before income taxes	-52.2
Income taxes	2
Net income	-54.2
Cash	38
Marketable securities	0
Accounts receivable	53.3
Inventories	10.9
Total current assets	102.3
Long-term investments	76.4
Fixed assets	962.6
Intangible assets	17.6
Total non-current assets	1,056.7
Total assets	1,158.9
Current liabilities	235.1
Non-current liabilities	974.4
Provisions	31.4
Equity	-82
Total equity and liabilities	1,158.9

Revenue	198.3
Net income	-135.7
Equity	-118.3
Total assets	1,025.2
Net turnover	198.3
Material expenses	0
Labour expenses	51.8
Depreciation	51.6
Other operating expenses	184.2
Interest expenses	51.5
Income before income taxes	-134.2
Income taxes	1.5
Net income	-135.7
Cash	79.3
Marketable securities	0
Accounts receivable	68.2
Inventories	7.7
Total current assets	155.2
Long-term investments	25.7
Fixed assets	826.3
Intangible assets	18.1
Total non-current assets	870.1
Total assets	1,025.2
Current liabilities	206.1
Non-current liabilities	901.6
Provisions	35.8
Equity	-118.3
Total equity and liabilities	1,025.2

Revenue	138.9
Net income	-264.6
Equity	17
Total assets	941
Net turnover	138.9
Material expenses	0
Labour expenses	58
Depreciation	137.5
Other operating expenses	161
Interest expenses	49.7
Income before income taxes	-262.9
Income taxes	1.7
Net income	-264.6
Cash	148.3
Marketable securities	0
Accounts receivable	46.6
Inventories	5.1
Total current assets	199.9
Long-term investments	21.3
Fixed assets	700.9
Intangible assets	18.9
Total non-current assets	741.1
Total assets	941
Current liabilities	131.1
Non-current liabilities	738.2
Provisions	54.7
Equity	17
Total equity and liabilities	941

Revenue	502.3
Net income	-9.1
Equity	33.9
Total assets	971.2
Net turnover	502.3
Material expenses	0
Labour expenses	74.5
Depreciation	70.9
Other operating expenses	340.8
Interest expenses	41.3
Income before income taxes	-7.2
Income taxes	1.9
Net income	-9.1
Cash	123.8
Marketable securities	1.8
Accounts receivable	45.1
Inventories	6.9
Total current assets	177.7
Long-term investments	22.1
Fixed assets	751.9
Intangible assets	19.6
Total non-current assets	793.6
Total assets	971.2
Current liabilities	161.7
Non-current liabilities	755.8
Provisions	19.8
Equity	33.9
Total equity and liabilities	971.2

Revenue	302,358
Net income	4,703
Equity	41,139
Total assets	388,611
Net turnover	302,358
Material expenses	0
Labour expenses	49,908
Depreciation	17,437
Other operating expenses	272,926
Interest expenses	19,343
Income before income taxes	5,871
Income taxes	814
Net income	4,703
Cash	13,875
Marketable securities	0
Accounts receivable	34,441
Inventories	4,410
Total current assets	52,726
Long-term investments	14,778
Fixed assets	304,334
Intangible assets	16,773
Total non-current assets	335,885
Total assets	388,611
Current liabilities	82,355
Non-current liabilities	238,212
Provisions	26,905
Equity	41,139
Total equity and liabilities	388,611

Revenue	249,832
Net income	120
Equity	59,624
Total assets	287,870
Net turnover	249,832
Material expenses	0
Labour expenses	41,914
Depreciation	6,973
Other operating expenses	241,258
Interest expenses	10,587
Income before income taxes	2,131
Income taxes	724
Net income	120
Cash	45,195
Marketable securities	0
Accounts receivable	28,390
Inventories	3,395
Total current assets	76,980
Long-term investments	38,162
Fixed assets	156,153
Intangible assets	16,575
Total non-current assets	210,890
Total assets	287,870
Current liabilities	60,668
Non-current liabilities	142,673
Provisions	24,905
Equity	59,624
Total equity and liabilities	287,870

Revenue	235,386
Net income	16,008
Equity	-71,173
Total assets	120,507
Net turnover	235,386
Material expenses	0
Labour expenses	37,475
Depreciation	6,946
Other operating expenses	258,071
Interest expenses	5,414
Income before income taxes	20,375
Income taxes	677
Net income	16,008
Cash	3,145
Marketable securities	7,000
Accounts receivable	23,086
Inventories	2,254
Total current assets	35,485
Long-term investments	39,279
Fixed assets	29,150
Intangible assets	16,593
Total non-current assets	85,022
Total assets	120,507
Current liabilities	68,696
Non-current liabilities	94,289
Provisions	28,695
Equity	-71,173
Total equity and liabilities	120,507

Revenue	254,180
Net income	7,705
Equity	-168,820
Total assets	128,333
Net turnover	254,180
Material expenses	0
Labour expenses	38,077
Depreciation	6,100
Other operating expenses	255,408
Interest expenses	3,963
Income before income taxes	10,610
Income taxes	616
Net income	7,705
Cash	5,428
Marketable securities	9,100
Accounts receivable	25,925
Inventories	1,704
Total current assets	42,157
Long-term investments	43,905
Fixed assets	25,728
Intangible assets	16,543
Total non-current assets	86,176
Total assets	128,333
Current liabilities	75,710
Non-current liabilities	177,869
Provisions	43,574
Equity	-168,820
Total equity and liabilities	128,333

Revenue	278,806
Net income	1,367.4
Equity	-177,247.1
Total assets	131,804.9
Net turnover	278,806
Material expenses	0
Labour expenses	41,486.7
Depreciation	5,552
Other operating expenses	276,660.3
Interest expenses	8,830.3
Income before income taxes	2,992.3
Income taxes	233.4
Net income	1,367.4
Cash	6,434.2
Marketable securities	9,941.6
Accounts receivable	28,658.1
Inventories	1,768.6
Total current assets	46,802.5
Long-term investments	44,796.3
Fixed assets	23,209.9
Intangible assets	16,996.2
Total non-current assets	85,002.4
Total assets	131,804.9
Current liabilities	147,103.6
Non-current liabilities	115,510.2
Provisions	46,438.3
Equity	-177,247.1
Total equity and liabilities	131,804.9

Revenue	279,074.1
Net income	-27,400
Equity	-179,367.9
Total assets	132,858
Net turnover	279,074.1
Material expenses	0
Labour expenses	47,238.1
Depreciation	4,147.9
Other operating expenses	305,419.2
Interest expenses	7,067.5
Income before income taxes	-31,259.9
Income taxes	81.7
Net income	-27,400
Cash	3,759.5
Marketable securities	9,329.2
Accounts receivable	31,520.7
Inventories	1,945
Total current assets	46,554.4
Long-term investments	46,874
Fixed assets	21,430.4
Intangible assets	17,999.1
Total non-current assets	86,303.6
Total assets	132,858
Current liabilities	127,686.7
Non-current liabilities	117,576.3
Provisions	66,962.9
Equity	-179,367.9
Total equity and liabilities	132,858

Revenue	289,376.7
Net income	-121,173.7
Equity	-150,987.8
Total assets	114,404.6
Net turnover	289,376.7
Material expenses	0
Labour expenses	30,882.1
Depreciation	4,587.6
Other operating expenses	402,247.3
Interest expenses	24,732
Income before income taxes	-136,298.8
Income taxes	0
Net income	-121,173.7
Cash	3,538.2
Marketable securities	5,000.7
Accounts receivable	28,300.2
Inventories	2,147.2
Total current assets	38,986.4
Long-term investments	44,305.9
Fixed assets	13,332.4
Intangible assets	17,779.8
Total non-current assets	75,418.2
Total assets	114,404.6
Current liabilities	150,386
Non-current liabilities	66,141.5
Provisions	48,864.9
Equity	-150,987.8
Total equity and liabilities	114,404.6

Revenue	288,133.6
Net income	-50,618.8
Equity	-27,956
Total assets	81,653.5
Net turnover	288,133.6
Material expenses	0
Labour expenses	26,412.5
Depreciation	4,072.5
Other operating expenses	347,743.2
Interest expenses	5,293.2
Income before income taxes	-58,066
Income taxes	0
Net income	-50,618.8
Cash	2,251.2
Marketable securities	0
Accounts receivable	24,319.1
Inventories	2,034.1
Total current assets	28,604.5
Long-term investments	31,962.2
Fixed assets	16,917.1
Intangible assets	4,169.7
Total non-current assets	53,049.1
Total assets	81,653.5
Current liabilities	90,826.1
Non-current liabilities	18,783.5
Provisions	0
Equity	-27,956
Total equity and liabilities	81,653.5

Revenue	291,555.1
Net income	15,695.8
Equity	-12,699.8
Total assets	93,442.8
Net turnover	291,555.1
Material expenses	0
Labour expenses	30,862.8
Depreciation	4,302.8
Other operating expenses	246,612.2
Interest expenses	2,845.1
Income before income taxes	18,677.6
Income taxes	45.1
Net income	15,695.8
Cash	3,341.3
Marketable securities	0
Accounts receivable	39,226
Inventories	1,480.3
Total current assets	44,047.7
Long-term investments	11,395.7
Fixed assets	34,350.8
Intangible assets	3,648.7
Total non-current assets	49,395.2
Total assets	93,442.8
Current liabilities	103,531.7
Non-current liabilities	2,611
Provisions	0
Equity	-12,699.8
Total equity and liabilities	93,442.8

Revenue	286,253
Net income	-37,664.8
Equity	-26,586.2
Total assets	85,533
Net turnover	286,253
Material expenses	0
Labour expenses	37,756.6
Depreciation	2,592.1
Other operating expenses	288,174.5
Interest expenses	1,435.8
Income before income taxes	-42,891.4
Income taxes	0
Net income	-37,664.8
Cash	4,653.4
Marketable securities	0
Accounts receivable	28,766.1
Inventories	1,305.9
Total current assets	34,725.4
Long-term investments	12,151.6
Fixed assets	35,525.9
Intangible assets	3,130
Total non-current assets	50,807.6
Total assets	85,533
Current liabilities	110,742.6
Non-current liabilities	1,376.5
Provisions	0
Equity	-26,586.2
Total equity and liabilities	85,533