Company · 73.11 · Advertising and market research

SIA MMS COMMUNICATIONS LATVIA

Address confidence: Confirmed

Show on the map Find website Sector: Professional and scientific

Turnover · 2025

10.1 M €

-31% vs previous year

Employees

Turnover per employee: 252 k €

Taxes paid · 2024

1.9 M €

Payroll fund / employees: 32 k €

Payroll fund · 2024 estimate

1.3 M €

Wage estimate, gross: 2,738 €

Tax breakdown · 2026 Q3

Total paid to VID 429 k €

Personal income tax 52 k €

Social contributions 94 k €

VAT paid · after deductions 283 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	429 k €	52 k €	94 k €	283 k €	0 €
2026 Q2	599 k €	56 k €	105 k €	438 k €	0 €
2026 Q1	336 k €	59 k €	103 k €	173 k €	0 €
2025 Q4	427 k €	50 k €	97 k €	280 k €	0 €
2024	1.9 M €	251 k €	437 k €	—	—
2023	2.3 M €	258 k €	459 k €	—	—
2022	2.5 M €	198 k €	360 k €	—	—

Financial health · From the 2025 balance sheet

Net profit-302358 €

Total assets2.1 M €

Equity100 k €

Current ratio1.0

Quick ratio1.0

Debt to equity19.5

Equity ratio4.9%

Return on assets-14.7%

Return on equity-301.5%

Cross-section against the peer median

Compared with companies under NACE code 73.11 — 24.

Turnover

×1.5

10.1 M € 6.9 M €

Employees

×2.4

40 17

Taxes paid

×3.7

429 k € 115 k €

Payroll

×3.0

1.3 M € 425 k €

Logarithmic scale

÷10÷3×1×3×10

Position among peers

Turnover

above 71% of peers

Employees

above 79% of peers

This company Peer median · 24

Indicators

Turnover per employee 252 k € ×0.6 of the median

Margin -3.0%

Year on year -31%

Payroll fund estimate 1.3 M €

Registration number 40003330565

Registered address Rīga, Alberta iela 12 - 7

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

58 k €

Contracts

Latest contract: 2025-11-28

Largest buyer

Valsts policija

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	10.1 M €	-302358 €	2.1 M €	40
2024	14.5 M €	11 k €	3.9 M €	39
2023	12.5 M €	-21408 €	3.4 M €	38
2022	18.5 M €	309 k €	5.3 M €	34
2021	14.0 M €	297 k €	4.2 M €	25
2020	8.8 M €	162 k €	3.2 M €	25

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 73 — Advertising and market research — not this company. Trade by individual firms is not published by law; by industry it is.

Industry goods exports

12.1 M €

Industry goods imports

7.2 M €

Exported most: Miscellaneous manufactured articles — 6.9 M €, Pulp, paper and paperboard — 3.0 M €, Base metals and articles thereof — 658 k €

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.