Company · 11.07 · Manufacture of beverages

SIA VENDEN

Address confidence: Confirmed

Show on the map Company website Sector: Manufacturing

From the company website
Where and how VENDEN mineral water and spring water are sourced; information on ordering options and free delivery throughout Latvia; and the history of the company VENDEN
Kur un kā tiek iegūts minerālūdens un avota ūdens VENDEN, par pasūtīšanas iespējām un bezmaksas piegādi visā Latvijā, par uzņēmuma VENDEN vēsturi

Turnover · 2025

18.1 M €

+2% vs previous year

Employees

197

Turnover per employee: 92 k €

Taxes paid · 2024

4.7 M €

Payroll fund / employees: 24 k €

Payroll fund · 2024 estimate

4.6 M €

Wage estimate, gross: 1,957 €

Tax breakdown · 2026 Q3

Total paid to VID 1.3 M €

Personal income tax 234 k €

Social contributions 467 k €

VAT paid · after deductions 575 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	1.3 M €	234 k €	467 k €	575 k €	0 €
2026 Q2	1.3 M €	221 k €	466 k €	540 k €	0 €
2026 Q1	1.2 M €	214 k €	453 k €	484 k €	0 €
2025 Q4	1.2 M €	204 k €	435 k €	533 k €	0 €
2024	4.7 M €	827 k €	1.6 M €	—	—
2023	4.3 M €	737 k €	1.5 M €	—	—
2022	4.1 M €	658 k €	1.4 M €	—	—

Financial health · From the 2025 balance sheet

Net profit463 k €

Total assets12.1 M €

Equity8.0 M €

Current ratio1.8

Quick ratio1.1

Debt to equity0.5

Equity ratio65.5%

Return on assets3.8%

Return on equity5.8%

Cross-section against the peer median

Compared with companies under NACE code 11.07 — 24.

Turnover

×32

18.1 M € 562 k €

Employees

×21

197 10

Taxes paid

×50

1.3 M € 27 k €

Payroll

×93

4.6 M € 50 k €

Logarithmic scale

÷10÷3×1×3×10

Position among peers

Turnover

above 96% of peers

Employees

above 96% of peers

This company Peer median · 24

Indicators

Turnover per employee 92 k € ×1.6 of the median

Margin 2.5%

Year on year +2%

Payroll fund estimate 4.6 M €

Registration number 40003325121

Registered address Rīga, Ganību dambis 33

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

763 k €

Contracts

Latest contract: 2026-07-31

Largest buyer

Jūrmalas valstspilsētas administrācija

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	18.1 M €	463 k €	12.1 M €	197
2024	17.7 M €	3.4 M €	11.8 M €	197
2023	16.3 M €	2.9 M €	9.7 M €	196
2022	14.6 M €	1.2 M €	8.9 M €	195
2021	12.8 M €	2.4 M €	9.3 M €	194
2020	12.4 M €	1.2 M €	8.7 M €	200

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 11 — Manufacture of beverages — not this company. Trade by individual firms is not published by law; by industry it is.

Industry goods exports

95.1 M €

Industry goods imports

136.9 M €

Goods exports to turnover estimate

24%

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: Prepared foodstuffs, beverages, tobacco — 86.8 M €, Base metals and articles thereof — 2.4 M €, Stone, cement, ceramic and glass articles — 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.