Company · 73.11 · Advertising and market research

SIA Baltic Signs

Address confidence: Confirmed

Show on the map Company website Sector: Professional and scientific

From the company website
Baltic Signs provides custom signage design, production and installation, including interior, exterior, digital and wayfinding solutions for businesses

Turnover · 2025

5.7 M €

+56% vs previous year

Employees

Turnover per employee: 471 k €

Taxes paid · 2024

-364810 €

Payroll fund / employees: 21 k €

Payroll fund · 2024 estimate

253 k €

Wage estimate, gross: 1,619 €

Tax breakdown · 2026 Q3

Total paid to VID -172750 €

Personal income tax 12 k €

Social contributions 23 k €

VAT paid · after deductions 0 €

VAT refunded by the state 207 k €

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	-172750 €	12 k €	23 k €	0 €	207 k €
2026 Q2	-195560 €	13 k €	25 k €	0 €	233 k €
2026 Q1	-275750 €	10 k €	19 k €	0 €	305 k €
2025 Q4	-149480 €	12 k €	23 k €	90 €	184 k €
2024	-364810 €	48 k €	86 k €	—	—
2023	-441650 €	47 k €	85 k €	—	—
2022	-431180 €	43 k €	77 k €	—	—

Financial health · From the 2025 balance sheet

Net profit309 k €

Total assets1.3 M €

Equity463 k €

Current ratio1.5

Quick ratio1.5

Debt to equity1.9

Equity ratio34.9%

Return on assets23.3%

Return on equity66.8%

Cross-section against the peer median

Compared with companies under NACE code 73.11 — 24.

Turnover

×1.3

5.7 M € 4.4 M €

Employees

÷1.2

12 15

Taxes paid

÷10

-172750 € 100 k €

Payroll

÷1.5

253 k € 386 k €

Logarithmic scale

÷10÷3×1×3×10

Position among peers

Turnover

above 58% of peers

Employees

above 46% of peers

This company Peer median · 24

Indicators

Turnover per employee 471 k € ×1.6 of the median

Margin 5.5%

Year on year +56%

Payroll fund estimate 253 k €

Registration number 40003824281

Registered address Rīga, Patversmes iela 17

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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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	5.7 M €	309 k €	1.3 M €	12
2024	3.6 M €	135 k €	797 k €	13
2023	3.2 M €	40 k €	571 k €	13
2022	3.4 M €	-101637 €	821 k €	12
2021	2.0 M €	-156991 €	610 k €	11
2020	1.9 M €	11 k €	480 k €	11

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 73 — Advertising and market research — not this company. Trade by individual firms is not published by law; by industry it is.

Industry goods exports

12.1 M €

Industry goods imports

7.2 M €

Exported most: Miscellaneous manufactured articles — 6.9 M €, Pulp, paper and paperboard — 3.0 M €, Base metals and articles thereof — 658 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.