Company · 93.12 · Sports activities and amusement and recreation

SIA Latvijas Olimpiskā vienība

Address confidence: Confirmed

Show on the map Find website Sector: Arts and recreation

Turnover · 2025

6.9 M €

+7% vs previous year

Employees

176

Turnover per employee: 39 k €

Taxes paid · 2024

1.4 M €

Payroll fund / employees: 14 k €

Payroll fund · 2024 estimate

2.5 M €

Wage estimate, gross: 1,288 €

Tax breakdown · 2026 Q3

Total paid to VID 459 k €

Personal income tax 211 k €

Social contributions 244 k €

VAT paid · after deductions 5 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	459 k €	211 k €	244 k €	5 k €	0 €
2026 Q2	432 k €	194 k €	235 k €	3 k €	0 €
2026 Q1	401 k €	203 k €	198 k €	70 €	0 €
2025 Q4	434 k €	181 k €	252 k €	0 €	0 €
2024	1.4 M €	570 k €	848 k €	—	—
2023	488 k €	175 k €	313 k €	—	—
2022	456 k €	162 k €	294 k €	—	—

Financial health · From the 2025 balance sheet

Net profit27 k €

Total assets1.0 M €

Equity689 k €

Current ratio1.8

Quick ratio1.5

Debt to equity0.5

Equity ratio68.9%

Return on assets2.7%

Return on equity3.9%

Cross-section against the peer median

Compared with companies under NACE code 93.12 — 24.

Turnover

×22

6.9 M € 316 k €

Employees

×35

176 5

Taxes paid

×23

459 k € 20 k €

Payroll

×43

2.5 M € 58 k €

Logarithmic scale

÷10÷3×1×3×10

Position among peers

Turnover

above 96% of peers

Employees

above 96% of peers

This company Peer median · 24

Indicators

Turnover per employee 39 k € ×0.6 of the median

Margin 0.4%

Year on year +7%

Payroll fund estimate 2.5 M €

Registration number 40003212111

Registered address Rīga, Roberta Feldmaņa iela 8

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 €	27 k €	1.0 M €	176
2024	6.5 M €	296 k €	1.1 M €	162
2023	1.8 M €	30 k €	670 k €	36
2022	2.0 M €	307 k €	670 k €	34
2021	1.6 M €	-330006 €	564 k €	35
2020	2.8 M €	253 k €	783 k €	41

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 93 — Sports activities and amusement and recreation — not this company. Trade by individual firms is not published by law; by industry it is.

Industry goods exports

145 k €

Industry goods imports

3.9 M €

Exported most: Machinery and electrical equipment — 79 k €, Miscellaneous manufactured articles — 31 k €, Plastics and rubber — 16 k €

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.