Company · 20.42 · Manufacture of chemicals and chemical products

SIA LD STELS

Address confidence: Confirmed

Show on the map Company website Sector: Manufacturing

Turnover · 2024

3.3 M €

-5% vs previous year

Employees

Turnover per employee: 42 k €

Taxes paid · 2024

696 k €

Payroll fund / employees: 11 k €

Payroll fund · 2024 estimate

900 k €

Wage estimate, gross: 938 €

Tax breakdown · 2026 Q3

Total paid to VID 100 €

Personal income tax 190 €

Social contributions 3 k €

VAT paid · after deductions -960 €

VAT refunded by the state 2 k €

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	100 €	190 €	3 k €	-960 €	2 k €
2026 Q2	45 k €	6 k €	17 k €	22 k €	20 €
2026 Q1	58 k €	8 k €	32 k €	25 k €	6 k €
2025 Q4	175 k €	25 k €	101 k €	50 k €	0 €
2024	696 k €	118 k €	307 k €	—	—
2023	748 k €	125 k €	349 k €	—	—
2022	982 k €	157 k €	403 k €	—	—

Financial health · From the 2024 balance sheet

Net profit10 k €

Total assets2.7 M €

Equity694 k €

Current ratio1.3

Quick ratio0.1

Debt to equity2.9

Equity ratio25.7%

Return on assets0.4%

Return on equity1.5%

Cross-section against the peer median

Compared with companies under NACE code 20.42 — 24.

Turnover

×9.9

3.3 M € 335 k €

Employees

×11

79 7

Taxes paid

÷174

100 € 17 k €

Payroll

×8.3

900 k € 109 k €

Logarithmic scale

÷10÷3×1×3×10

Position among peers

Turnover

above 79% of peers

Employees

above 88% of peers

This company Peer median · 24

Indicators

Turnover per employee 42 k € ×0.9 of the median

Margin 0.3%

Year on year -5%

Payroll fund estimate 900 k €

Registration number 40003476203

Registered address Rīga, Zolitūdes iela 38 k-2 - 20

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
2024	3.3 M €	10 k €	2.7 M €	79
2023	3.5 M €	28 k €	2.7 M €	98
2022	3.9 M €	80 k €	2.5 M €	113
2021	4.2 M €	36 k €	2.4 M €	123
2020	4.4 M €	59 k €	2.1 M €	121
2019	4.7 M €	75 k €	2.3 M €	121

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 20 — Manufacture of chemicals and chemical products — not this company. Trade by individual firms is not published by law; by industry it is.

Industry goods exports

366.1 M €

Industry goods imports

244.5 M €

Goods exports to turnover estimate

67%

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: Chemical products — 257.5 M €, Mineral products — 37.4 M €, Textiles and textile articles — 21.9 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.