Company · 49.41 · Land transport and transport via pipelines

SIA KREDO FH

Address confidence: Confirmed

Show on the map Find website Sector: Transport and storage

Turnover · 2023

4.1 M €

-33% vs previous year

Employees

Turnover per employee: 53 k €

Taxes paid · 2023

272 k €

Payroll fund / employees: 4 k €

Payroll fund · 2023 estimate

272 k €

Wage estimate, gross: 540 €

Tax breakdown · 2026 Q3

Total paid to VID 970 €

Personal income tax 0 €

Social contributions 960 €

VAT paid · after deductions 0 €

VAT refunded by the state 0 €

Quarterly history

Quarter	Total paid to VID	Personal income tax	Social contributions	VAT paid · after deductions	VAT refunded by the state
2026 Q3	970 €	0 €	960 €	0 €	0 €
2026 Q2	3 k €	0 €	3 k €	0 €	0 €
2026 Q1	1 k €	360 €	1 k €	0 €	730 €
2025 Q4	2 k €	50 €	7 k €	2 k €	7 k €
2024	112 k €	48 k €	93 k €	—	—
2023	272 k €	116 k €	199 k €	—	—
2022	378 k €	129 k €	230 k €	—	—

Financial health · From the 2023 balance sheet

Net profit62 k €

Total assets2.1 M €

Equity1.0 M €

Current ratio0.7

Quick ratio0.6

Debt to equity1.1

Equity ratio48.5%

Return on assets3.0%

Return on equity6.1%

Cross-section against the peer median

Compared with companies under NACE code 49.41 — 24.

Turnover

÷1.0

4.1 M € 4.1 M €

Employees

×1.7

77 45

Taxes paid

÷96

970 € 93 k €

Payroll

÷1.6

272 k € 432 k €

Logarithmic scale

÷10÷3×1×3×10

Position among peers

Turnover

above 50% of peers

Employees

above 88% of peers

This company Peer median · 24

Indicators

Turnover per employee 53 k € ×0.6 of the median

Margin 1.5%

Year on year -33%

Payroll fund estimate 272 k €

Registration number 40003536663

Registered address Rīga, Lielvārdes iela 107 - 44

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
2023	4.1 M €	62 k €	2.1 M €	77
2022	6.1 M €	203 k €	2.1 M €	92
2021	4.3 M €	172 k €	2.4 M €	80
2020	2.8 M €	114 k €	1.7 M €	75
2019	3.2 M €	143 k €	1.1 M €	93
2018	3.0 M €	46 k €	1.1 M €	90

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 49 — Land transport and transport via pipelines — not this company. Trade by individual firms is not published by law; by industry it is.

Industry goods exports

21.6 M €

Industry goods imports

80.4 M €

Exported most: Vehicles and transport equipment — 13.5 M €, Machinery and electrical equipment — 3.6 M €, Wood and articles of wood — 961 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.