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Company · 46.83 · Wholesale trade

SIA Pipelife Latvia

Address confidence: Confirmed
Show on the map Company websiteSector: Trade

From the company website
Pipelife Latvia SIA offers the widest range of plastic pipes in Latvia: infrastructure, building construction, agriculture, industrial systems, wells
Pipelife Latvia SIA piedāvā plašāko plastmasas cauruļvadu sortimentu Latvijā: infrastruktūra, ēku būvniecība, lauksaimniecība, industriālās sistēmas, akas

Turnover · 2025

11.0 M €

+18% vs previous year

Employees

37

Turnover per employee: 298 k €

Taxes paid · 2024

1.7 M €

Payroll fund / employees: 36 k €

Payroll fund · 2024 estimate

1.3 M €

Wage estimate, gross: 2,884 €

Tax breakdown · 2026 Q3

Total paid to VID 579 k €
Personal income tax 60 k €
Social contributions 116 k €
VAT paid · after deductions 402 k €
VAT refunded by the state 0 €

Quarterly history

QuarterTotal paid to VIDPersonal income taxSocial contributionsVAT paid · after deductionsVAT refunded by the state
2026 Q3579 k €60 k €116 k €402 k €0 €
2026 Q2587 k €70 k €131 k €384 k €0 €
2026 Q1279 k €55 k €109 k €112 k €0 €
2025 Q4592 k €70 k €132 k €389 k €0 €
20241.7 M €246 k €448 k €——
20231.9 M €236 k €431 k €——
20221.9 M €157 k €293 k €——

Financial health · From the 2025 balance sheet

Net profit478 k €
Total assets5.2 M €
Equity4.3 M €
Current ratio5.6
Quick ratio4.9
Debt to equity0.2
Equity ratio82.7%
Return on assets9.1%
Return on equity11.1%

Cross-section against the peer median

Compared with companies under NACE code 46.83 — 24.

Turnover
×1.1
11.0 M € 10.3 M €
Employees
×1.4
37 26
Taxes paid
×7.2
579 k € 81 k €
Payroll
×3.4
1.3 M € 383 k €
Logarithmic scale
÷10÷3×1×3×10

Position among peers

Turnover
above 58% of peers
Employees
above 63% of peers
This company Peer median · 24

Indicators

Turnover per employee 298 k € ×0.7 of the median
Margin 4.3%
Year on year +18%
Payroll fund estimate 1.3 M €
Registration number 40003318628
Registered address Rīga, Kārļa Ulmaņa gatve 2

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

Filed annual reports

YearTurnoverNet profitAssetsEmployees
202511.0 M € 478 k € 5.2 M € 37
20249.3 M € 418 k € 5.3 M € 39
20239.6 M € 646 k € 4.5 M € 38
20229.6 M € 455 k € 4.1 M € 30
20218.4 M € 730 k € 3.4 M € 23
20207.0 M € 477 k € 2.7 M € 18

Foreign trade of the industry · 2025

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.