Company · 46.84 · Wholesale trade

SIA SANTEKO

Address confidence: Confirmed

Show on the map Company website Sector: Trade

From the company website
SANTEKO is our pride and joy – a company with 100 per cent Latvian capital. We were founded and operate with the aim of providing the highest-quality wholesale range of plumbing, heating and irrigation products on the Latvian and Baltic markets…
SANTEKO ir mūsu pa scaron;u - 100% Latvijas kapitāla uzņēmums. Esam dibināti un strādājam ar mērķi nodro scaron;ināt Latvijas un Baltijas tirgū kvalitatīvāko vairumtirdzniecības piedāvājumu santehnikas, apkures un laistī…

Turnover · 2025

6.5 M €

-3% vs previous year

Employees

Turnover per employee: 155 k €

Taxes paid · 2024

1.2 M €

Payroll fund / employees: 15 k €

Payroll fund · 2024 estimate

623 k €

Wage estimate, gross: 1,236 €

Tax breakdown · 2026 Q3

Total paid to VID 314 k €

Personal income tax 21 k €

Social contributions 56 k €

VAT paid · after deductions 235 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	314 k €	21 k €	56 k €	235 k €	0 €
2026 Q2	299 k €	22 k €	57 k €	217 k €	0 €
2026 Q1	231 k €	21 k €	57 k €	151 k €	0 €
2025 Q4	328 k €	23 k €	58 k €	247 k €	0 €
2024	1.2 M €	102 k €	212 k €	—	—
2023	1.2 M €	85 k €	193 k €	—	—
2022	1.3 M €	70 k €	175 k €	—	—

Financial health · From the 2025 balance sheet

Net profit175 k €

Total assets5.6 M €

Equity4.2 M €

Current ratio5.5

Quick ratio1.8

Debt to equity0.3

Equity ratio74.6%

Return on assets3.1%

Return on equity4.2%

Cross-section against the peer median

Compared with companies under NACE code 46.84 — 24.

Turnover

×1.5

6.5 M € 4.4 M €

Employees

×2.7

42 16

Taxes paid

×1.6

314 k € 199 k €

Payroll

×1.8

623 k € 347 k €

Logarithmic scale

÷10÷3×1×3×10

Position among peers

Turnover

above 75% of peers

Employees

above 96% of peers

This company Peer median · 24

Indicators

Turnover per employee 155 k € ×0.5 of the median

Margin 2.7%

Year on year -3%

Payroll fund estimate 623 k €

Registration number 40003396590

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.

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Public contracts

Contracts awarded by public buyers, from the Procurement Monitoring Bureau. Published facts, not estimates.

All time

16 k €

Contracts

Latest contract: 2025-01-10

Largest buyer

SIA “Rīgas meži”

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	6.5 M €	175 k €	5.6 M €	42
2024	6.7 M €	253 k €	5.5 M €	43
2023	6.8 M €	316 k €	5.5 M €	44
2022	7.6 M €	874 k €	5.6 M €	45
2021	6.4 M €	316 k €	4.9 M €	44
2020	5.2 M €	244 k €	4.5 M €	42

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 46 — Wholesale trade — not this company. Trade by individual firms is not published by law; by industry it is.

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.

Exported most: Machinery and electrical equipment — 1.5 bn €, Vegetable products — 852.9 M €, Chemical products — 846.2 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.