Company · 42.21 · Civil engineering

SIA Akorda

Address confidence: Confirmed

Show on the map Company website Sector: Construction

Turnover · 2025

3.1 M €

+101% vs previous year

Employees

Turnover per employee: 222 k €

Taxes paid · 2024

377 k €

Payroll fund / employees: 14 k €

Payroll fund · 2024 estimate

200 k €

Wage estimate, gross: 1,192 €

Tax breakdown · 2026 Q3

Total paid to VID 157 k €

Personal income tax 13 k €

Social contributions 24 k €

VAT paid · after deductions 107 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	157 k €	13 k €	24 k €	107 k €	0 €
2026 Q2	298 k €	15 k €	28 k €	247 k €	0 €
2026 Q1	249 k €	10 k €	20 k €	216 k €	0 €
2025 Q4	263 k €	11 k €	21 k €	210 k €	0 €
2024	377 k €	35 k €	68 k €	—	—
2023	451 k €	34 k €	71 k €	—	—
2022	578 k €	33 k €	66 k €	—	—

Financial health · From the 2025 balance sheet

Net profit439 k €

Total assets2.0 M €

Equity656 k €

Current ratio1.4

Quick ratio0.9

Debt to equity2.0

Equity ratio33.6%

Return on assets22.5%

Return on equity67.0%

Cross-section against the peer median

Compared with companies under NACE code 42.21 — 24.

Turnover

×1.0

3.1 M € 3.0 M €

Employees

÷1.7

14 24

Taxes paid

×6.7

157 k € 23 k €

Payroll

÷1.5

200 k € 291 k €

Logarithmic scale

÷10÷3×1×3×10

Position among peers

Turnover

above 54% of peers

Employees

above 25% of peers

This company Peer median · 24

Indicators

Turnover per employee 222 k € ×1.8 of the median

Margin 14.1%

Year on year +101%

Payroll fund estimate 200 k €

Registration number 40003686472

Registered address Rīga, Dzelzavas iela 117

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

2.0 M €

won jointly: 5

Contracts

Latest contract: 2026-10-05

Largest buyer

SIA "Rīgas ūdens"

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 €	439 k €	2.0 M €	14
2024	1.5 M €	10 k €	774 k €	14
2023	1.9 M €	124 k €	617 k €	15
2022	2.3 M €	145 k €	625 k €	17
2021	1.6 M €	145 k €	654 k €	17
2020	1.4 M €	28 k €	554 k €	18

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 42 — Civil engineering — not this company. Trade by individual firms is not published by law; by industry it is.

Industry goods exports

9.6 M €

Industry goods imports

128.0 M €

Exported most: Machinery and electrical equipment — 3.6 M €, Mineral products — 1.9 M €, Stone, cement, ceramic and glass articles — 1.5 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.