Company · 16.21 · Manufacture of wood and wood products

SIA Troja

Address confidence: Verified on site

Show on the map Company website Sector: Manufacturing

From the company website
A flexible manufacturing company that fulfils its customers’ requirements based on the fundamental principles of LEAN, whilst taking care of the environment and its employees’ working conditions
Elastīgs ražošanas uzņēmums, kas īstenotu klientu vēlmes balstoties uz LEAN pamatprincipiem, rūpējoties par apkārtējo vidi un darbinieku darba apstākļiem

Turnover · 2025

36.6 M €

+14% vs previous year

Employees

177

Turnover per employee: 207 k €

Taxes paid · 2024

3.7 M €

Payroll fund / employees: 21 k €

Payroll fund · 2024 estimate

3.8 M €

Wage estimate, gross: 1,857 €

Tax breakdown · 2026 Q3

Total paid to VID 1.1 M €

Personal income tax 182 k €

Social contributions 383 k €

VAT paid · after deductions 533 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	1.1 M €	182 k €	383 k €	533 k €	0 €
2026 Q2	1.0 M €	170 k €	369 k €	507 k €	0 €
2026 Q1	1.0 M €	231 k €	440 k €	373 k €	0 €
2025 Q4	1.1 M €	169 k €	358 k €	623 k €	0 €
2024	3.7 M €	677 k €	1.3 M €	—	—
2023	3.9 M €	704 k €	1.3 M €	—	—
2022	3.5 M €	623 k €	1.2 M €	—	—

Financial health · From the 2025 balance sheet

Net profit1.8 M €

Total assets21.1 M €

Equity18.0 M €

Current ratio3.4

Quick ratio2.3

Debt to equity0.2

Equity ratio85.3%

Return on assets8.6%

Return on equity10.1%

Cross-section against the peer median

Compared with companies under NACE code 16.21 — 24.

Turnover

×9.2

36.6 M € 4.0 M €

Employees

×3.4

177 52

Taxes paid

×19

1.1 M € 58 k €

Payroll

×6.0

3.8 M € 630 k €

Logarithmic scale

÷10÷3×1×3×10

Position among peers

Turnover

above 79% of peers

Employees

above 79% of peers

This company Peer median · 24

Indicators

Turnover per employee 207 k € ×2.7 of the median

Margin 5.0%

Year on year +14%

Payroll fund estimate 3.8 M €

Registration number 40003093873

Registered address Rīga, Bauskas iela 143

Address Rīga, Bauskas iela 143 ↗

panel.caveats

Location verified against the company’s own website: for manufacturers this is the production site, not the registered office. 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

223 k €

won jointly: 1

Contracts

Latest contract: 2026-08-03

Largest buyer

AS "Latvijas valsts meži"

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	36.6 M €	1.8 M €	21.1 M €	177
2024	32.2 M €	501 k €	19.5 M €	168
2023	35.0 M €	475 k €	18.0 M €	174
2022	31.3 M €	1.5 M €	17.9 M €	171
2021	23.1 M €	499 k €	16.3 M €	173
2020	19.3 M €	357 k €	15.9 M €	163

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 16 — Manufacture of wood and wood products — not this company. Trade by individual firms is not published by law; by industry it is.

Industry goods exports

2.1 bn €

Industry goods imports

503.4 M €

Goods exports to turnover estimate

55%

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: Wood and articles of wood — 2.0 bn €, Miscellaneous manufactured articles — 69.9 M €, Base metals and articles thereof — 7.9 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.