Company · 92.00 · Gambling and betting activities

SIA Olympic Casino Latvia

Address confidence: Confirmed

Show on the map Company website Sector: Arts and recreation

Turnover · 2025

41.4 M €

-8% vs previous year

Employees

652

Turnover per employee: 63 k €

Taxes paid · 2024

16.8 M €

Payroll fund / employees: 22 k €

Payroll fund · 2024 estimate

14.4 M €

Wage estimate, gross: 1,815 €

Tax breakdown · 2026 Q3

Total paid to VID 3.9 M €

Personal income tax 542 k €

Social contributions 1.1 M €

VAT paid · after deductions 203 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	3.9 M €	542 k €	1.1 M €	203 k €	0 €
2026 Q2	4.2 M €	590 k €	1.2 M €	242 k €	0 €
2026 Q1	4.1 M €	618 k €	1.1 M €	255 k €	0 €
2025 Q4	4.0 M €	587 k €	1.2 M €	251 k €	0 €
2024	16.8 M €	2.8 M €	4.9 M €	—	—
2023	15.8 M €	2.7 M €	4.9 M €	—	—
2022	14.0 M €	2.3 M €	4.6 M €	—	—

Financial health · From the 2025 balance sheet

Net profit8.5 M €

Total assets78.3 M €

Equity72.0 M €

Current ratio3.5

Quick ratio3.4

Debt to equity0.1

Equity ratio91.9%

Return on assets10.8%

Return on equity11.8%

Cross-section against the peer median

Compared with companies under NACE code 92.00 — 18.

Turnover

×6.3

41.4 M € 6.6 M €

Employees

×26

652 26

Taxes paid

×6.6

3.9 M € 595 k €

Payroll

×28

14.4 M € 516 k €

Logarithmic scale

÷10÷3×1×3×10

Position among peers

Turnover

above 89% of peers

Employees

above 94% of peers

This company Peer median · 18

Indicators

Turnover per employee 63 k € ×0.2 of the median

Margin 20.4%

Year on year -8%

Payroll fund estimate 14.4 M €

Registration number 40003264397

Registered address Rīga, Rēzeknes iela 5E

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	41.4 M €	8.5 M €	78.3 M €	652
2024	45.2 M €	4.8 M €	74.8 M €	655
2023	44.5 M €	3.3 M €	70.2 M €	750
2022	41.5 M €	7.1 M €	69.5 M €	745
2021	10.5 M €	-8258413 €	61.1 M €	699
2020	29.9 M €	34 k €	66.7 M €	803

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 92 — Gambling and betting activities — not this company. Trade by individual firms is not published by law; by industry it is.

Industry goods exports

not published

Industry goods imports

2.3 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.