Company · 43.22 · Specialised construction activities

SIA Caverion Latvija

Address confidence: Confirmed

Show on the map Company website Sector: Construction

Turnover · 2025

13.4 M €

+21% vs previous year

Employees

137

Turnover per employee: 97 k €

Taxes paid · 2024

2.2 M €

Payroll fund / employees: 24 k €

Payroll fund · 2024 estimate

3.3 M €

Wage estimate, gross: 2,080 €

Tax breakdown · 2026 Q3

Total paid to VID 642 k €

Personal income tax 171 k €

Social contributions 343 k €

VAT paid · after deductions 126 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	642 k €	171 k €	343 k €	126 k €	0 €
2026 Q2	644 k €	180 k €	358 k €	104 k €	0 €
2026 Q1	593 k €	143 k €	302 k €	145 k €	0 €
2025 Q4	615 k €	145 k €	301 k €	167 k €	0 €
2024	2.2 M €	592 k €	1.1 M €	—	—
2023	2.0 M €	513 k €	1.0 M €	—	—
2022	1.8 M €	421 k €	845 k €	—	—

Financial health · From the 2025 balance sheet

Net profit325 k €

Total assets4.6 M €

Equity2.4 M €

Current ratio2.1

Quick ratio2.1

Debt to equity0.9

Equity ratio52.7%

Return on assets7.0%

Return on equity13.3%

Cross-section against the peer median

Compared with companies under NACE code 43.22 — 24.

Turnover

×3.2

13.4 M € 4.2 M €

Employees

×3.1

137 44

Taxes paid

×8.2

642 k € 78 k €

Payroll

×4.7

3.3 M € 700 k €

Logarithmic scale

÷10÷3×1×3×10

Position among peers

Turnover

above 96% of peers

Employees

above 96% of peers

This company Peer median · 24

Indicators

Turnover per employee 97 k € ×1.0 of the median

Margin 2.4%

Year on year +21%

Payroll fund estimate 3.3 M €

Registration number 40003641129

Registered address Rīga, Bauskas iela 58A - 14

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

639 k €

Contracts

Latest contract: 2026-07-21

Largest buyer

Pašvaldības SIA "Ventspils nekustamie īpašumi"

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	13.4 M €	325 k €	4.6 M €	137
2024	11.0 M €	260 k €	3.6 M €	132
2023	10.6 M €	222 k €	3.7 M €	136
2022	9.5 M €	154 k €	3.4 M €	131
2021	7.7 M €	91 k €	3.0 M €	122
2020	7.5 M €	210 k €	2.5 M €	116

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 43 — Specialised construction activities — not this company. Trade by individual firms is not published by law; by industry it is.

Industry goods exports

20.9 M €

Industry goods imports

81.5 M €

Exported most: Base metals and articles thereof — 6.2 M €, Miscellaneous manufactured articles — 5.3 M €, Chemical products — 5.2 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.