Company · 38.11 · Waste collection, treatment and disposal; materials recovery

SIA NIKA MI

Address confidence: Confirmed

Show on the map Company website Sector: Water and waste

From the company website
Ordering waste containers from 6 to 20 mOrdering waste containers from 6 to 20 m³. Collection and disposal of construction, household and other waste. Collection and disposal of construction, household and other waste…
Atkritumu konteineru pasūtīšana no 6 līdz 20 mAtkritumu konteineru pasūtīšana no 6 līdz 20 m³. Būvniecības, sadzīves un citu atkritumu izvešana un utilizācija. Būvniecības, sadzīves un citu atkritumu izvešana un utilizāc…

Turnover · 2025

19.0 M €

+67% vs previous year

Employees

Turnover per employee: 246 k €

Taxes paid · 2024

1.6 M €

Payroll fund / employees: 17 k €

Payroll fund · 2024 estimate

1.3 M €

Wage estimate, gross: 2,019 €

Tax breakdown · 2026 Q3

Total paid to VID 552 k €

Personal income tax 123 k €

Social contributions 217 k €

VAT paid · after deductions 326 k €

VAT refunded by the state 114 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	552 k €	123 k €	217 k €	326 k €	114 k €
2026 Q2	552 k €	121 k €	213 k €	218 k €	0 €
2026 Q1	662 k €	128 k €	224 k €	310 k €	530 €
2025 Q4	499 k €	113 k €	197 k €	373 k €	183 k €
2024	1.6 M €	255 k €	438 k €	—	—
2023	597 k €	93 k €	157 k €	—	—
2022	317 k €	52 k €	87 k €	—	—

Financial health · From the 2025 balance sheet

Net profit4.4 M €

Total assets17.3 M €

Equity13.3 M €

Current ratio2.6

Quick ratio2.6

Debt to equity0.3

Equity ratio76.6%

Return on assets25.2%

Return on equity33.0%

Cross-section against the peer median

Compared with companies under NACE code 38.11 — 24.

Turnover

×3.1

19.0 M € 6.2 M €

Employees

×1.6

77 47

Taxes paid

×2.5

552 k € 219 k €

Payroll

×1.8

1.3 M € 712 k €

Logarithmic scale

÷10÷3×1×3×10

Position among peers

Turnover

above 88% of peers

Employees

above 67% of peers

This company Peer median · 24

Indicators

Turnover per employee 246 k € ×1.9 of the median

Margin 23.1%

Year on year +67%

Payroll fund estimate 1.3 M €

Registration number 40003278804

Registered address Ropažu nov., Stopiņu pag., Rumbula, Kaudzīšu iela 59 - 1

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

9.2 M €

won jointly: 1

Contracts

Latest contract: 2026-06-22

Largest buyer

SIA “Jelgavas komunālie pakalpojumi”

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	19.0 M €	4.4 M €	17.3 M €	77
2024	11.3 M €	4.5 M €	11.9 M €	57
2023	3.3 M €	966 k €	5.7 M €	28
2022	1.7 M €	460 k €	624 k €	20
2021	673 k €	-75050 €	244 k €	16
2020	455 k €	-47937 €	261 k €	17

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 38 — Waste collection, treatment and disposal; materials recovery — not this company. Trade by individual firms is not published by law; by industry it is.

Industry goods exports

24.2 M €

Industry goods imports

22.7 M €

Goods exports to turnover estimate

Industry goods exports against the turnover of its companies on this site: two sources, so only the order of magnitude holds.

Exported most: Base metals and articles thereof — 8.3 M €, Plastics and rubber — 5.7 M €, Pulp, paper and paperboard — 5.5 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.