Company · 18.11 · Printing and reproduction of recorded media

SIA Poligrāfijas grupa Mūkusala

Address confidence: Confirmed

Show on the map Company website Sector: Manufacturing

From the company website
Mūkusala Printing Group – a modern printing company in Latvia that prints high-quality newspapers, magazines, catalogues and promotional materials
Poligrāfijas grupa Mūkusala – moderns poligrāfijas uzņēmums Latvijā, kas drukā augstas kvalitātes laikrakstus, žurnālus, katalogus un reklāmas materiālus

Turnover · 2025

17.7 M €

+4% vs previous year

Employees

110

Turnover per employee: 161 k €

Taxes paid · 2024

1.7 M €

Payroll fund / employees: 20 k €

Payroll fund · 2024 estimate

2.2 M €

Wage estimate, gross: 1,750 €

Tax breakdown · 2026 Q3

Total paid to VID 431 k €

Personal income tax 106 k €

Social contributions 220 k €

VAT paid · after deductions 105 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	431 k €	106 k €	220 k €	105 k €	0 €
2026 Q2	437 k €	104 k €	221 k €	111 k €	0 €
2026 Q1	344 k €	121 k €	243 k €	25 k €	46 k €
2025 Q4	370 k €	111 k €	229 k €	34 k €	5 k €
2024	1.7 M €	410 k €	759 k €	—	—
2023	1.8 M €	366 k €	686 k €	—	—
2022	1.9 M €	390 k €	728 k €	—	—

Financial health · From the 2025 balance sheet

Net profit1.4 M €

Total assets9.7 M €

Equity7.8 M €

Current ratio3.1

Quick ratio2.7

Debt to equity0.2

Equity ratio80.4%

Return on assets14.8%

Return on equity18.4%

Cross-section against the peer median

Compared with companies under NACE code 18.11 — 11.

Turnover

×83

17.7 M € 213 k €

Employees

×14

110 8

Taxes paid

×59

431 k € 7 k €

Payroll

×29

2.2 M € 77 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 · 11

Indicators

Turnover per employee 161 k € ×6.1 of the median

Margin 8.1%

Year on year +4%

Payroll fund estimate 2.2 M €

Registration number 40003771247

Registered address Rīga, Mūkusalas iela 15A

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

1.1 M €

Contracts

Latest contract: 2026-06-08

Largest buyer

Ventspils valstspilsētas pašvaldības iestāde "Ventspils domes administrācija"

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	17.7 M €	1.4 M €	9.7 M €	110
2024	17.1 M €	1.5 M €	8.2 M €	111
2023	16.8 M €	1.4 M €	6.9 M €	101
2022	19.5 M €	1.4 M €	8.1 M €	107
2021	13.4 M €	1.4 M €	7.4 M €	105
2020	13.5 M €	596 k €	7.5 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 18 — Printing and reproduction of recorded media — not this company. Trade by individual firms is not published by law; by industry it is.

Industry goods exports

147.8 M €

Industry goods imports

60.9 M €

Goods exports to turnover estimate

56%

Industry goods exports against the turnover of its companies on this site: two sources, so only the order of magnitude holds. A share this high is why companies in the industry pay little net VAT: exported goods carry no VAT.

Exported most: Pulp, paper and paperboard — 144.3 M €, Textiles and textile articles — 1.0 M €, Miscellaneous manufactured articles — 894 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.