Company · 46.85 · Wholesale trade

SIA VIATEK 1

Address confidence: Confirmed

Show on the map Company website Sector: Trade

From the company website
The company’s core business is the supply and sale of technical salt (manufactured in Germany) to organisations – Latvian road maintenance authorities, local authorities and residential property managers. In addition, we offer water softening agents…
Uzņēmuma pamatdarbība ir tehniskā sāls (ražots Vācijā) piegāde un tirdzniecība firmām - Latvijas autoceļu apsaimniekotājiem, pašvaldībām un dzīvojamo māju apsaimniekotājiem. Papildus piedāvājam ūdens mīkstināšanas līdzek…

Turnover · 2025

2.3 M €

-48% vs previous year

Employees

Turnover per employee: 134 k €

Taxes paid · 2024

711 k €

Payroll fund / employees: 23 k €

Payroll fund · 2024 estimate

397 k €

Wage estimate, gross: 1,838 €

Tax breakdown · 2026 Q3

Total paid to VID 50 k €

Personal income tax 9 k €

Social contributions 17 k €

VAT paid · after deductions 23 k €

VAT refunded by the state 50 €

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	50 k €	9 k €	17 k €	23 k €	50 €
2026 Q2	87 k €	10 k €	18 k €	47 k €	0 €
2026 Q1	190 k €	15 k €	27 k €	143 k €	0 €
2025 Q4	63 k €	11 k €	21 k €	28 k €	0 €
2024	711 k €	78 k €	135 k €	—	—
2023	631 k €	55 k €	100 k €	—	—
2022	940 k €	47 k €	87 k €	—	—

Financial health · From the 2025 balance sheet

Net profit-248032 €

Total assets1.5 M €

Equity339 k €

Current ratio1.3

Quick ratio0.7

Debt to equity3.3

Equity ratio23.1%

Return on assets-16.9%

Return on equity-73.2%

Cross-section against the peer median

Compared with companies under NACE code 46.85 — 24.

Turnover

×1.1

2.3 M € 2.1 M €

Employees

×3.1

17 6

Taxes paid

÷1.9

50 k € 98 k €

Payroll

×3.1

397 k € 130 k €

Logarithmic scale

÷10÷3×1×3×10

Position among peers

Turnover

above 67% of peers

Employees

above 96% of peers

This company Peer median · 24

Indicators

Turnover per employee 134 k € ×0.3 of the median

Margin -10.9%

Year on year -48%

Payroll fund estimate 397 k €

Registration number 40003274376

Registered address Rīga, Ganību dambis 22

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

425 k €

Contracts

Latest contract: 2025-08-06

Largest buyer

PSIA “Ventspils labiekārtošanas kombināts”

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	2.3 M €	-248032 €	1.5 M €	17
2024	4.4 M €	-120594 €	1.8 M €	18
2023	4.6 M €	27 k €	2.3 M €	18
2022	4.9 M €	134 k €	2.3 M €	17
2021	4.2 M €	-79542 €	2.1 M €	19
2020	1.1 M €	-376966 €	1.4 M €	16

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.