Company · 16.24 · Manufacture of wood and wood products

SIA PALLETERIES

Address confidence: Confirmed

Show on the map Company website Sector: Manufacturing

From the company website
“Palleteries” is a company founded in 2006, whose team has accumulated more than 20 years’ experience in the manufacture of pallet components
“Palleteries” ir 2006. gadā dibināts uzņēmums, kura komanda ir uzkrājusi vairāk nekā 20 gadu pieredzi palešu sagatavju ražošanā

Turnover · 2025

18.9 M €

-10% vs previous year

Employees

122

Turnover per employee: 155 k €

Taxes paid · 2024

556 k €

Payroll fund / employees: 19 k €

Payroll fund · 2024 estimate

2.3 M €

Wage estimate, gross: 1,530 €

Tax breakdown · 2026 Q3

Total paid to VID 265 k €

Personal income tax 63 k €

Social contributions 160 k €

VAT paid · after deductions 12 k €

VAT refunded by the state 76 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	265 k €	63 k €	160 k €	12 k €	76 k €
2026 Q2	141 k €	63 k €	161 k €	14 k €	97 k €
2026 Q1	110 k €	46 k €	129 k €	0 €	68 k €
2025 Q4	128 k €	78 k €	190 k €	0 €	141 k €
2024	556 k €	395 k €	776 k €	—	—
2023	351 k €	337 k €	641 k €	—	—
2022	317 k €	342 k €	601 k €	—	—

Financial health · From the 2025 balance sheet

Net profit-1260841 €

Total assets13.6 M €

Equity11.8 M €

Current ratio5.5

Quick ratio3.4

Debt to equity0.1

Equity ratio87.3%

Return on assets-9.3%

Return on equity-10.7%

Cross-section against the peer median

Compared with companies under NACE code 16.24 — 24.

Turnover

×5.1

18.9 M € 3.7 M €

Employees

×2.9

122 42

Taxes paid

×4.6

265 k € 58 k €

Payroll

×4.5

2.3 M € 511 k €

Logarithmic scale

÷10÷3×1×3×10

Position among peers

Turnover

above 92% of peers

Employees

above 92% of peers

This company Peer median · 24

Indicators

Turnover per employee 155 k € ×1.8 of the median

Margin -6.7%

Year on year -10%

Payroll fund estimate 2.3 M €

Registration number 40003852904

Registered address Rīga, Ojāra Vācieša iela 18

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

44 k €

Contracts

Latest contract: 2026-09-14

Largest buyer

Sabiedrība ar ierobežotu atbildību “Kuldīgas slimnīca”

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	18.9 M €	-1260841 €	13.6 M €	122
2024	21.1 M €	183 k €	15.8 M €	107
2023	18.5 M €	60 k €	15.4 M €	107
2022	25.5 M €	6.5 M €	15.7 M €	108
2021	19.5 M €	4.2 M €	10.1 M €	102
2020	15.5 M €	1.2 M €	6.9 M €	105

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 16 — Manufacture of wood and wood products — not this company. Trade by individual firms is not published by law; by industry it is.

Industry goods exports

2.1 bn €

Industry goods imports

503.4 M €

Goods exports to turnover estimate

55%

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: Wood and articles of wood — 2.0 bn €, Miscellaneous manufactured articles — 69.9 M €, Base metals and articles thereof — 7.9 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.