Company · 31.00 · Manufacture of furniture

SIA ĒDELVEISS EG

Address confidence: Confirmed

Show on the map Company website Sector: Manufacturing

From the company website
We produce bespoke furniture and interior design solutions, working in collaboration with designers and bringing our clients’ visions to life, from technical design through to installation
Izgatavojam individuālas mēbeles un interjera risinājumus, sadarbojoties ar dizaineriem un realizējot klientu ieceres no tehniskās izstrādes līdz uzstādīšanai

Turnover · 2025

2.5 M €

-11% vs previous year

Employees

Turnover per employee: 67 k €

Taxes paid · 2024

529 k €

Payroll fund / employees: 17 k €

Payroll fund · 2024 estimate

631 k €

Wage estimate, gross: 1,315 €

Tax breakdown · 2026 Q3

Total paid to VID 104 k €

Personal income tax 19 k €

Social contributions 44 k €

VAT paid · after deductions 36 k €

VAT refunded by the state 0 €

Money paid to and returned by the tax office during the quarter, not tax charged. VAT on purchases is already deducted inside the payment — it does not appear here separately. A refund arises only when deductions exceed the VAT charged on sales: for exporters, intra-EU suppliers, and under the domestic reverse charge (construction, timber, scrap metal), not for every company with large purchases. Compare with the turnover of the same quarter, not of the year.

Quarterly history

Quarter	Total paid to VID	Personal income tax	Social contributions	VAT paid · after deductions	VAT refunded by the state
2026 Q3	104 k €	19 k €	44 k €	36 k €	0 €
2026 Q2	131 k €	21 k €	46 k €	41 k €	80 €
2026 Q1	142 k €	18 k €	55 k €	59 k €	0 €
2025 Q4	131 k €	27 k €	54 k €	40 k €	0 €
2024	529 k €	105 k €	215 k €	—	—
2023	535 k €	82 k €	173 k €	—	—
2022	322 k €	83 k €	152 k €	—	—

Financial health · From the 2025 balance sheet

Net profit26 k €

Total assets1.0 M €

Equity134 k €

Current ratio0.9

Quick ratio0.6

Debt to equity6.6

Equity ratio13.2%

Return on assets2.6%

Return on equity19.4%

Cross-section against the peer median

Compared with companies under NACE code 31.00 — 24.

Turnover

×1.3

2.5 M € 1.9 M €

Employees

×1.3

38 29

Taxes paid

×2.2

104 k € 47 k €

Payroll

×1.5

631 k € 411 k €

Logarithmic scale

÷10÷3×1×3×10

Position among peers

Turnover

above 75% of peers

Employees

above 71% of peers

This company Peer median · 24

Indicators

Turnover per employee 67 k € ×1.0 of the median

Margin 1.0%

Year on year -11%

Payroll fund estimate 631 k €

Registration number 40002073009

Registered address Ropažu nov., Stopiņu pag., Ulbroka, Institūta iela 1

panel.caveats

Building coordinate from the State Address Register. Figures come from public registers. Wage, export share and address confidence are estimates and are always labelled as such.

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Public contracts

Contracts awarded by public buyers, from the Procurement Monitoring Bureau. Published facts, not estimates.

All time

270 k €

Contracts

Latest contract: 2025-03-04

Largest buyer

Valsts sabiedrība ar ierobežotu atbildību “Rīgas Tūrisma un radošās industrijas tehnikums”

Latest contracts

Filed annual reports

Figures the company filed itself. Bar length shows size within the column; the longest is its best year. An empty cell means no report for that year — not a zero.

Year	Turnover	Net profit	Assets	Employees
2025	2.5 M €	26 k €	1.0 M €	38
2024	2.9 M €	112 k €	1.1 M €	41
2023	2.4 M €	186 k €	1.3 M €	36
2022	3.0 M €	580 k €	1.5 M €	37
2021	1.8 M €	91 k €	1.0 M €	37
2020	2.0 M €	382 k €	948 k €	33

Source: annual reports from the Register of Enterprises, as filed. A missing year is a missing report, not a loss.

Foreign trade of the industry · 2025

All companies in division 31 — Manufacture of furniture — not this company. Trade by individual firms is not published by law; by industry it is.

Industry goods exports

198.1 M €

Industry goods imports

72.0 M €

Goods exports to turnover estimate

53%

Industry goods exports against the turnover of its companies on this site: two sources, so only the order of magnitude holds. A share this high is why companies in the industry pay little net VAT: exported goods carry no VAT.

Exported most: Miscellaneous manufactured articles — 185.3 M €, Plastics and rubber — 6.1 M €, Wood and articles of wood — 2.6 M €

Source: Official Statistics of Latvia, table ATN011, goods trade by the activity of the trading enterprise. “Not published” means the figure would identify a single firm — it is not a zero.