Company · 41.00 · Construction of buildings

SIA YIT LATVIJA

Address confidence: Confirmed

Show on the map Company website Sector: Construction

From the company website
YIT is one of the largest property developers and builders in Finland and the Baltic States. Discover YIT’s wide range of flats!
YIT ir viens no lielākajiem nekustamo īpašuma attīstītājiem un būvniekiem Somijā un Baltijas valstīs. Iepazīsties ar YIT plašo dzīvokļu piedāvājumu!

Turnover · 2025

26.0 M €

-26% vs previous year

Employees

Turnover per employee: 683 k €

Taxes paid · 2024

4.9 M €

Payroll fund / employees: 41 k €

Payroll fund · 2024 estimate

1.6 M €

Wage estimate, gross: 3,419 €

Tax breakdown · 2026 Q3

Total paid to VID 681 k €

Personal income tax 103 k €

Social contributions 190 k €

VAT paid · after deductions 386 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	681 k €	103 k €	190 k €	386 k €	0 €
2026 Q2	874 k €	55 k €	102 k €	716 k €	0 €
2026 Q1	1.6 M €	64 k €	123 k €	1.7 M €	195 k €
2025 Q4	194 k €	74 k €	138 k €	101 k €	119 k €
2024	4.9 M €	297 k €	532 k €	—	—
2023	2.2 M €	316 k €	576 k €	—	—
2022	5.1 M €	265 k €	498 k €	—	—

Financial health · From the 2025 balance sheet

Net profit1.2 M €

Total assets53.0 M €

Equity40.5 M €

Current ratio4.2

Quick ratio1.5

Debt to equity0.3

Equity ratio76.4%

Return on assets2.3%

Return on equity3.0%

Cross-section against the peer median

Compared with companies under NACE code 41.00 — 24.

Turnover

×1.1

26.0 M € 22.7 M €

Employees

÷1.3

38 50

Taxes paid

×55

681 k € 12 k €

Payroll

×1.9

1.6 M € 805 k €

Logarithmic scale

÷10÷3×1×3×10

Position among peers

Turnover

above 54% of peers

Employees

above 21% of peers

This company Peer median · 24

Indicators

Turnover per employee 683 k € ×1.5 of the median

Margin 4.6%

Year on year -26%

Payroll fund estimate 1.6 M €

Registration number 40003377087

Registered address Mārupes nov., Mārupe, Malduguņu iela 4

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	26.0 M €	1.2 M €	53.0 M €	38
2024	35.2 M €	2.8 M €	43.9 M €	38
2023	14.6 M €	1.9 M €	45.8 M €	42
2022	39.1 M €	4.8 M €	48.7 M €	45
2021	25.8 M €	2.2 M €	40.6 M €	40
2020	22.2 M €	2.6 M €	35.0 M €	43

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 41 — Construction of buildings — not this company. Trade by individual firms is not published by law; by industry it is.

Industry goods exports

95.7 M €

Industry goods imports

40.1 M €

Exported most: Miscellaneous manufactured articles — 39.9 M €, Stone, cement, ceramic and glass articles — 29.4 M €, Base metals and articles thereof — 20.8 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.