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Company · 62.10 · Computer programming and IT consultancy

SIA Elva Baltic

From the company website
We help you find smarter solutions that will enable your business to become more efficient, working faster and at a lower cost
Mēs palīdzam atrast gudrākus risinājumus, kas ļaus Tavam biznesam kļūt efektīvākam, strādājot ātrāk un ar mazākām izmaksām

Turnover · 2025

11.0 M €

+3% vs previous year

Employees

119

Turnover per employee: 93 k €

Taxes paid · 2024

4.1 M €

Payroll fund / employees: 35 k €

Payroll fund · 2024 estimate

4.2 M €

Wage estimate, gross: 3,336 €

Tax breakdown · 2026 Q3

Total paid to VID 1.2 M €
Personal income tax 252 k €
Social contributions 465 k €
VAT paid · after deductions 396 k €
VAT refunded by the state 0 €

Quarterly history

QuarterTotal paid to VIDPersonal income taxSocial contributionsVAT paid · after deductionsVAT refunded by the state
2026 Q31.2 M €252 k €465 k €396 k €0 €
2026 Q21.4 M €241 k €450 k €694 k €0 €
2026 Q11.3 M €234 k €432 k €546 k €0 €
2025 Q41.1 M €223 k €414 k €456 k €0 €
20244.1 M €791 k €1.4 M €——
20233.2 M €623 k €1.1 M €——
20222.5 M €496 k €922 k €——

Financial health · From the 2025 balance sheet

Net profit231 k €
Total assets4.7 M €
Equity943 k €
Current ratio1.2
Quick ratio1.2
Debt to equity3.9
Equity ratio20.3%
Return on assets5.0%
Return on equity24.5%

Cross-section against the peer median

Compared with companies under NACE code 62.10 — 24.

Turnover
×1.0
11.0 M € 10.6 M €
Employees
×1.7
119 72
Taxes paid
×1.8
1.2 M € 633 k €
Payroll
×1.4
4.2 M € 3.1 M €
Logarithmic scale
÷10÷3×1×3×10

Position among peers

Turnover
above 58% of peers
Employees
above 75% of peers
This company Peer median · 24

Indicators

Turnover per employee 93 k € ×0.6 of the median
Margin 2.1%
Year on year +3%
Payroll fund estimate 4.2 M €
Registration number 40003687406
Registered address Rīga, Robežu iela 46

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.

Similar companies

Public contracts

All time

2.4 M €

won jointly: 6

Contracts

8

Latest contract: 2026-02-10

Largest buyer

Valsts digitālās attīstības aģentūra

Latest contracts

    Filed annual reports

    YearTurnoverNet profitAssetsEmployees
    202511.0 M € 231 k € 4.7 M € 119
    202410.7 M € 658 k € 4.6 M € 107
    20239.6 M € 702 k € 4.1 M € 94
    20227.5 M € 898 k € 3.2 M € 89
    20216.3 M € 434 k € 2.3 M € 82
    20205.5 M € 168 k € 1.6 M € 79

    Foreign trade of the industry · 2025

    Industry goods exports

    23.2 M €

    Industry goods imports

    22.0 M €