Company · 46.83 · Wholesale trade

SIA SVEASKOG BALTFOR

Address confidence: Confirmed

Show on the map Find website Sector: Trade

Turnover · 2025

22.6 M €

-49% vs previous year

Employees

Turnover per employee: 503 k €

Taxes paid · 2024

409 k €

Payroll fund / employees: 37 k €

Payroll fund · 2024 estimate

1.6 M €

Wage estimate, gross: 2,922 €

Tax breakdown · 2026 Q3

Total paid to VID 124 k €

Personal income tax 72 k €

Social contributions 133 k €

VAT paid · after deductions 0 €

VAT refunded by the state 81 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	124 k €	72 k €	133 k €	0 €	81 k €
2026 Q2	110 k €	74 k €	130 k €	0 €	94 k €
2026 Q1	224 k €	96 k €	165 k €	39 k €	79 k €
2025 Q4	161 k €	73 k €	131 k €	0 €	43 k €
2024	409 k €	328 k €	562 k €	—	—
2023	643 k €	336 k €	534 k €	—	—
2022	427 k €	245 k €	402 k €	—	—

Financial health · From the 2025 balance sheet

Net profit471 k €

Total assets8.3 M €

Equity5.8 M €

Current ratio2.0

Quick ratio0.6

Debt to equity0.4

Equity ratio69.2%

Return on assets5.7%

Return on equity8.2%

Cross-section against the peer median

Compared with companies under NACE code 46.83 — 24.

Turnover

×1.4

22.6 M € 16.1 M €

Employees

÷1.1

45 50

Taxes paid

÷4.5

124 k € 555 k €

Payroll

×1.6

1.6 M € 1.1 M €

Logarithmic scale

÷10÷3×1×3×10

Position among peers

Turnover

above 71% of peers

Employees

above 46% of peers

This company Peer median · 24

Indicators

Turnover per employee 503 k € ×1.6 of the median

Margin 2.1%

Year on year -49%

Payroll fund estimate 1.6 M €

Registration number 40003293038

Registered address Rīga, Brīvības iela 40 - 23

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	22.6 M €	471 k €	8.3 M €	45
2024	44.0 M €	1.9 M €	10.3 M €	47
2023	39.6 M €	884 k €	11.0 M €	48
2022	47.6 M €	1.7 M €	8.3 M €	40
2021	20.6 M €	1.3 M €	6.3 M €	39
2020	15.5 M €	619 k €	6.5 M €	37

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.