Company · 79.11 · Travel agency and tour operator activities

SIA EXPLAIN

Address confidence: Confirmed

Show on the map Find website Sector: Administrative services

Turnover · 2025

3.1 M €

+24% vs previous year

Employees

Turnover per employee: 441 k €

Taxes paid · 2024

65 k €

Payroll fund / employees: 12 k €

Payroll fund · 2024 estimate

86 k €

Wage estimate, gross: 1,021 €

Tax breakdown · 2026 Q3

Total paid to VID 17 k €

Personal income tax 4 k €

Social contributions 8 k €

VAT paid · after deductions 5 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	17 k €	4 k €	8 k €	5 k €	0 €
2026 Q2	24 k €	5 k €	10 k €	7 k €	0 €
2026 Q1	19 k €	5 k €	10 k €	5 k €	0 €
2025 Q4	26 k €	6 k €	11 k €	8 k €	0 €
2024	65 k €	16 k €	29 k €	—	—
2023	50 k €	12 k €	21 k €	—	—
2022	32 k €	7 k €	12 k €	—	—

Financial health · From the 2025 balance sheet

Net profit30 k €

Total assets208 k €

Equity118 k €

Current ratio2.0

Quick ratio2.0

Debt to equity0.8

Equity ratio56.6%

Return on assets14.5%

Return on equity25.5%

Cross-section against the peer median

Compared with companies under NACE code 79.11 — 24.

Turnover

×1.7

3.1 M € 1.8 M €

Employees

×1.8

7 4

Taxes paid

×1.9

17 k € 9 k €

Payroll

×1.9

86 k € 46 k €

Logarithmic scale

÷10÷3×1×3×10

Position among peers

Turnover

above 75% of peers

Employees

above 67% of peers

This company Peer median · 24

Indicators

Turnover per employee 441 k € ×1.0 of the median

Margin 1.0%

Year on year +24%

Payroll fund estimate 86 k €

Registration number 40003608073

Registered address Mārupes nov., Mārupe, Silnieku iela 12

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

1.7 M €

won jointly: 16

Contracts

Latest contract: 2026-04-23

Largest buyer

Nodrošinājuma valsts 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	3.1 M €	30 k €	208 k €	7
2024	2.5 M €	1 k €	156 k €	7
2023	2.2 M €	2 k €	166 k €	7
2022	1.9 M €	11 k €	143 k €	6
2021	763 k €	506 €	123 k €	5
2020	551 k €	-6831 €	93 k €	7

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 79 — Travel agency and tour operator activities — not this company. Trade by individual firms is not published by law; by industry it is.

Industry goods exports

not published

Industry goods imports

9 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.