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Company · 61.10 · Telecommunications

SIA BITE Latvija

From the company website
Bite customers who choose to pay for their products in instalments don’t pay a single cent extra! Divide the total amount by the number of instalments you’ve chosen and see for yourself!
Bites klienti, izvēloties iegādāties produktus nomaksā, nepiemaksā ne centa! Sadali summu ar izvēlēto nomaksas mēnešu skaitu un pārliecinies!

Turnover · 2025

209.8 M €

+14% vs previous year

Employees

875

Turnover per employee: 240 k €

Taxes paid · 2024

31.9 M €

Payroll fund / employees: 22 k €

Payroll fund · 2024 estimate

19.7 M €

Wage estimate, gross: 1,896 €

Tax breakdown · 2026 Q3

Total paid to VID 8.3 M €
Personal income tax 876 k €
Social contributions 1.8 M €
VAT paid · after deductions 5.6 M €
VAT refunded by the state 0 €

Quarterly history

QuarterTotal paid to VIDPersonal income taxSocial contributionsVAT paid · after deductionsVAT refunded by the state
2026 Q38.3 M €876 k €1.8 M €5.6 M €0 €
2026 Q28.4 M €944 k €2.0 M €5.5 M €0 €
2026 Q19.4 M €949 k €2.0 M €6.4 M €0 €
2025 Q414.7 M €916 k €1.9 M €6.3 M €0 €
202431.9 M €3.6 M €6.7 M €——
202334.1 M €3.1 M €5.9 M €——
202228.9 M €2.9 M €5.6 M €——

Financial health · From the 2025 balance sheet

Net profit24.7 M €
Total assets200.9 M €
Equity124.3 M €
Current ratio0.7
Quick ratio0.6
Debt to equity0.6
Equity ratio61.9%
Return on assets12.3%
Return on equity19.9%

Cross-section against the peer median

Compared with companies under NACE code 61.10 — 24.

Turnover
×117
209.8 M € 1.8 M €
Employees
×92
875 10
Taxes paid
×188
8.3 M € 44 k €
Payroll
×128
19.7 M € 154 k €
Logarithmic scale
÷10÷3×1×3×10

Position among peers

Turnover
above 100% of peers
Employees
above 100% of peers
This company Peer median · 24

Indicators

Turnover per employee 240 k € ×1.3 of the median
Margin 11.8%
Year on year +14%
Payroll fund estimate 19.7 M €
Registration number 40003742426
Registered address Rīga, Uriekstes iela 2A - 24

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

3.8 M €

won jointly: 9

Contracts

120

Latest contract: 2026-08-06

Largest buyer

Daugavpils valstspilsētas pašvaldība

Latest contracts

    Filed annual reports

    YearTurnoverNet profitAssetsEmployees
    2025209.8 M € 24.7 M € 200.9 M € 875
    2024183.7 M € 33.7 M € 207.9 M € 793
    2023163.7 M € 33.4 M € 241.3 M € 726
    2022149.8 M € 22.3 M € 203.0 M € 845
    2021134.6 M € 22.0 M € 213.9 M € 771
    2020112.7 M € 16.4 M € 182.9 M € 495

    Foreign trade of the industry · 2025

    Industry goods exports

    20.5 M €

    Industry goods imports

    114.0 M €