Company · 52.26 · Warehousing and support activities for transportation

SIA ALPHA SHIPPING COMPANY

Address confidence: Confirmed

Show on the map Company website Sector: Transport and storage

Turnover · 2025

13.1 M €

+18% vs previous year

Employees

Turnover per employee: 570 k €

Taxes paid · 2024

340 k €

Payroll fund / employees: 26 k €

Payroll fund · 2024 estimate

587 k €

Wage estimate, gross: 2,128 €

Tax breakdown · 2026 Q3

Total paid to VID 104 k €

Personal income tax 32 k €

Social contributions 55 k €

VAT paid · after deductions 15 k €

VAT refunded by the state 7 k €

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 €	32 k €	55 k €	15 k €	7 k €
2026 Q2	97 k €	33 k €	56 k €	6 k €	7 k €
2026 Q1	70 k €	32 k €	55 k €	290 €	23 k €
2025 Q4	109 k €	33 k €	55 k €	11 k €	6 k €
2024	340 k €	112 k €	200 k €	—	—
2023	221 k €	86 k €	160 k €	—	—
2022	85 k €	54 k €	107 k €	—	—

Financial health · From the 2025 balance sheet

Net profit762 k €

Total assets4.7 M €

Equity2.8 M €

Current ratio2.4

Quick ratio2.0

Debt to equity0.7

Equity ratio59.3%

Return on assets16.1%

Return on equity27.2%

Cross-section against the peer median

Compared with companies under NACE code 52.26 — 24.

Turnover

×1.2

13.1 M € 11.1 M €

Employees

×1.3

23 18

Taxes paid

×1.8

104 k € 59 k €

Payroll

×1.3

587 k € 452 k €

Logarithmic scale

÷10÷3×1×3×10

Position among peers

Turnover

above 58% of peers

Employees

above 54% of peers

This company Peer median · 24

Indicators

Turnover per employee 570 k € ×0.9 of the median

Margin 5.8%

Year on year +18%

Payroll fund estimate 587 k €

Registration number 40003231610

Registered address Rīga, Skanstes iela 12

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.

Similar companies

BILATRIS

Rīga · 11.7 M €

RAMCO

Rīga · 11.2 M €

DIOS Logistic

Rīga · 10.9 M €

NTG Latvia

Rīga · 10.6 M €

SANAR INTEGRA

Rīga · 16.8 M €

Stark Shipping

Rīga · 19.1 M €

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	13.1 M €	762 k €	4.7 M €	23
2024	11.1 M €	399 k €	3.9 M €	23
2023	14.8 M €	1.0 M €	3.3 M €	23
2022	12.5 M €	1.1 M €	2.8 M €	22
2021	15.6 M €	1.3 M €	9.4 M €	70
2020	12.4 M €	-554060 €	5.0 M €	82

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 52 — Warehousing and support activities for transportation — not this company. Trade by individual firms is not published by law; by industry it is.

Industry goods exports

546.4 M €

Industry goods imports

259.5 M €

Exported most: Prepared foodstuffs, beverages, tobacco — 271.4 M €, Textiles and textile articles — 70.9 M €, Chemical products — 41.2 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.