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Company · 80.09 · Security and investigation activities

SIA GSM Apsardze

Turnover · 2025

2.5 M €

+50% vs previous year

Employees

25

Turnover per employee: 99 k €

Taxes paid · 2024

543 k €

Payroll fund / employees: 21 k €

Payroll fund · 2024 estimate

517 k €

Wage estimate, gross: 2,536 €

Tax breakdown · 2026 Q3

Total paid to VID 221 k €
Personal income tax 34 k €
Social contributions 65 k €
VAT paid · after deductions 117 k €
VAT refunded by the state 0 €

Quarterly history

QuarterTotal paid to VIDPersonal income taxSocial contributionsVAT paid · after deductionsVAT refunded by the state
2026 Q3221 k €34 k €65 k €117 k €0 €
2026 Q2220 k €35 k €67 k €112 k €0 €
2026 Q1223 k €35 k €65 k €111 k €0 €
2025 Q4224 k €41 k €75 k €109 k €0 €
2024543 k €98 k €176 k €——
2023455 k €88 k €158 k €——
2022456 k €84 k €154 k €——

Financial health · From the 2025 balance sheet

Net profit554 k €
Total assets2.9 M €
Equity1.0 M €
Current ratio1.6
Quick ratio1.4
Debt to equity1.9
Equity ratio34.5%
Return on assets18.9%
Return on equity54.9%

Cross-section against the peer median

Compared with companies under NACE code 80.09 — 24.

Turnover
×1.4
2.5 M € 1.8 M €
Employees
÷1.1
25 28
Taxes paid
×2.1
221 k € 103 k €
Payroll
×1.0
517 k € 499 k €
Logarithmic scale
÷10÷3×1×3×10

Position among peers

Turnover
above 79% of peers
Employees
above 50% of peers
This company Peer median · 24

Indicators

Turnover per employee 99 k € ×1.6 of the median
Margin 22.3%
Year on year +50%
Payroll fund estimate 517 k €
Registration number 40003883923
Registered address Rīga, Vestienas iela 32

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

159 k €

Contracts

8

Latest contract: 2026-08-10

Largest buyer

Smiltenes novada pašvaldība

Latest contracts

    Filed annual reports

    YearTurnoverNet profitAssetsEmployees
    20252.5 M € 554 k € 2.9 M € 25
    20241.7 M € 283 k € 2.8 M € 17
    20231.5 M € 262 k € 1.2 M € 15
    20221.3 M € 303 k € 224 k € 14
    20211.2 M € 236 k € 280 k € 14
    20201.2 M € 180 k € 348 k € 13

    Foreign trade of the industry · 2025

    Industry goods exports

    not published

    Industry goods imports

    837 k €