Company · 68.32 · Real estate activities

SIA Tiesu namu aģentūra

Address confidence: Confirmed

Show on the map Find website Sector: Real estate

Turnover · 2025

10.2 M €

+6% vs previous year

Employees

103

Turnover per employee: 99 k €

Taxes paid · 2024

16.1 M €

Payroll fund / employees: 29 k €

Payroll fund · 2024 estimate

2.9 M €

Wage estimate, gross: 2,360 €

Tax breakdown · 2026 Q3

Total paid to VID 896 k €

Personal income tax 157 k €

Social contributions 281 k €

VAT paid · after deductions 457 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	896 k €	157 k €	281 k €	457 k €	0 €
2026 Q2	833 k €	121 k €	240 k €	471 k €	0 €
2026 Q1	785 k €	129 k €	233 k €	422 k €	0 €
2025 Q4	2.8 M €	119 k €	221 k €	2.5 M €	0 €
2024	16.1 M €	581 k €	1.0 M €	—	—
2023	4.5 M €	548 k €	967 k €	—	—
2022	2.7 M €	458 k €	820 k €	—	—

Financial health · From the 2025 balance sheet

Net profit12 k €

Total assets92.6 M €

Equity66.0 M €

Current ratio7.7

Quick ratio7.4

Debt to equity0.4

Equity ratio71.3%

Return on assets0.0%

Return on equity0.0%

Cross-section against the peer median

Compared with companies under NACE code 68.32 — 24.

Turnover

×2.7

10.2 M € 3.8 M €

Employees

×1.2

103 85

Taxes paid

×2.9

896 k € 311 k €

Payroll

×2.3

2.9 M € 1.3 M €

Logarithmic scale

÷10÷3×1×3×10

Position among peers

Turnover

above 96% of peers

Employees

above 63% of peers

This company Peer median · 24

Indicators

Turnover per employee 99 k € ×2.2 of the median

Margin 0.1%

Year on year +6%

Payroll fund estimate 2.9 M €

Registration number 40003334410

Registered address Rīga, Baldones iela 1B

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

82 k €

won jointly: 7

Contracts

Latest contract: 2026-07-01

Largest buyer

Valsts digitālās attīstības aģentūra

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	10.2 M €	12 k €	92.6 M €	103
2024	9.7 M €	93 k €	91.0 M €	107
2023	9.5 M €	582 k €	82.0 M €	108
2022	9.0 M €	331 k €	85.5 M €	106
2021	8.9 M €	156 k €	67.4 M €	112
2020	8.1 M €	91 k €	66.5 M €	112

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 68 — Real estate activities — not this company. Trade by individual firms is not published by law; by industry it is.

Industry goods exports

29.5 M €

Industry goods imports

10.7 M €

Exported most: Prepared foodstuffs, beverages, tobacco — 17.2 M €, Chemical products — 3.6 M €, Base metals and articles thereof — 2.8 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.