Company · 46.90 · Wholesale trade

SIA Sanitex

Address confidence: Confirmed

Show on the map Company website Sector: Trade

From the company website
The company was founded in 1992 and currently works with more than 500 manufacturers and serves more than 32,000 customers across the Baltic states
Uzņēmums dibināts 1992. gadā, un šobrīd sadarbojas jau ar vairāk nekā 500 ražotājiem un apkalpo vairāk nekā 32 000 klientu visās Baltijas valstīs

Turnover · 2025

549.6 M €

+4% vs previous year

Employees

723

Turnover per employee: 760 k €

Taxes paid · 2024

38.9 M €

Payroll fund / employees: 16 k €

Payroll fund · 2024 estimate

11.9 M €

Wage estimate, gross: 1,469 €

Tax breakdown · 2026 Q3

Total paid to VID 11.5 M €

Personal income tax 481 k €

Social contributions 1.2 M €

VAT paid · after deductions 9.4 M €

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	11.5 M €	481 k €	1.2 M €	9.4 M €	0 €
2026 Q2	10.4 M €	471 k €	1.2 M €	8.1 M €	0 €
2026 Q1	10.4 M €	456 k €	1.1 M €	7.8 M €	0 €
2025 Q4	10.4 M €	461 k €	1.1 M €	8.4 M €	0 €
2024	38.9 M €	2.0 M €	4.1 M €	—	—
2023	34.6 M €	1.8 M €	3.7 M €	—	—
2022	30.9 M €	1.5 M €	3.2 M €	—	—

Financial health · From the 2025 balance sheet

Net profit19.5 M €

Total assets151.0 M €

Equity97.7 M €

Current ratio2.5

Quick ratio1.6

Debt to equity0.6

Equity ratio64.7%

Return on assets12.9%

Return on equity19.9%

Cross-section against the peer median

Compared with companies under NACE code 46.90 — 24.

Turnover

×35

549.6 M € 15.6 M €

Employees

×24

723 30

Taxes paid

×126

11.5 M € 92 k €

Payroll

×22

11.9 M € 550 k €

Logarithmic scale

÷10÷3×1×3×10

Position among peers

Turnover

above 100% of peers

Employees

above 100% of peers

This company Peer median · 24

Indicators

Turnover per employee 760 k € ×1.5 of the median

Margin 3.5%

Year on year +4%

Payroll fund estimate 11.9 M €

Registration number 40003166842

Registered address Ķekavas nov., Ķekavas pag., Rāmava, Liepu aleja 4

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

14.8 M €

won jointly: 74

Contracts

564

Latest contract: 2026-10-12

Largest buyer

Sabiedrība ar ierobežotu atbildību “Rēzeknes slimnīca”

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	549.6 M €	19.5 M €	151.0 M €	723
2024	526.2 M €	13.2 M €	125.2 M €	687
2023	493.1 M €	11.4 M €	105.3 M €	667
2022	454.4 M €	10.5 M €	93.0 M €	645
2021	414.0 M €	7.5 M €	80.0 M €	633
2020	401.1 M €	8.0 M €	85.5 M €	643

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 46 — Wholesale trade — not this company. Trade by individual firms is not published by law; by industry it is.

Industry goods exports

7.9 bn €

Industry goods imports

11.1 bn €

Goods exports to turnover estimate

37%

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: Machinery and electrical equipment — 1.5 bn €, Vegetable products — 852.9 M €, Chemical products — 846.2 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.