Company · 71.20 · Architectural and engineering activities; technical testing

SIA SGS LATVIJA LTD

Address confidence: Confirmed

Show on the map Find website Sector: Professional and scientific

Turnover · 2025

6.9 M €

-12% vs previous year

Employees

130

Turnover per employee: 53 k €

Taxes paid · 2024

1.9 M €

Payroll fund / employees: 25 k €

Payroll fund · 2024 estimate

3.3 M €

Wage estimate, gross: 1,777 €

Tax breakdown · 2026 Q3

Total paid to VID 539 k €

Personal income tax 147 k €

Social contributions 290 k €

VAT paid · after deductions 101 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	539 k €	147 k €	290 k €	101 k €	0 €
2026 Q2	451 k €	136 k €	286 k €	29 k €	0 €
2026 Q1	434 k €	115 k €	247 k €	60 k €	0 €
2025 Q4	601 k €	128 k €	267 k €	132 k €	0 €
2024	1.9 M €	596 k €	1.1 M €	—	—
2023	2.0 M €	584 k €	1.1 M €	—	—
2022	1.9 M €	491 k €	947 k €	—	—

Financial health · From the 2025 balance sheet

Net profit73 k €

Total assets1.2 M €

Equity342 k €

Current ratio1.0

Quick ratio0.9

Debt to equity2.5

Equity ratio28.3%

Return on assets6.1%

Return on equity21.5%

Cross-section against the peer median

Compared with companies under NACE code 71.20 — 24.

Turnover

×4.3

6.9 M € 1.6 M €

Employees

×4.0

130 33

Taxes paid

×4.6

539 k € 118 k €

Payroll

×5.1

3.3 M € 642 k €

Logarithmic scale

÷10÷3×1×3×10

Position among peers

Turnover

above 88% of peers

Employees

above 96% of peers

This company Peer median · 24

Indicators

Turnover per employee 53 k € ×1.1 of the median

Margin 1.1%

Year on year -12%

Payroll fund estimate 3.3 M €

Registration number 40003057800

Registered address Rīga, Duntes iela 15A

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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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	6.9 M €	73 k €	1.2 M €	130
2024	7.8 M €	447 k €	1.5 M €	154
2023	8.8 M €	753 k €	2.1 M €	157
2022	7.6 M €	467 k €	2.1 M €	158
2021	6.5 M €	403 k €	2.4 M €	166
2020	8.1 M €	558 k €	2.2 M €	155

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 71 — Architectural and engineering activities; technical testing — not this company. Trade by individual firms is not published by law; by industry it is.

Industry goods exports

8.0 M €

Industry goods imports

65.3 M €

Exported most: Machinery and electrical equipment — 5.1 M €, Miscellaneous manufactured articles — 1.2 M €, Vehicles and transport equipment — 1.0 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.