Company · 62.10 · Computer programming and IT consultancy

SIA SAP Latvia

Address confidence: Confirmed

Show on the map Find website Sector: Information and communication

Turnover · 2025

5.6 M €

+17% vs previous year

Employees

Turnover per employee: 1.9 M €

Taxes paid · 2024

1.2 M €

Payroll fund / employees: 144 k €

Payroll fund · 2024 estimate

431 k €

Wage estimate, gross: 8,973 €

Financial health · From the 2025 balance sheet

Net profit1.6 M €

Total assets6.2 M €

Equity4.9 M €

Current ratio4.5

Quick ratio4.5

Debt to equity0.3

Equity ratio78.0%

Return on assets25.2%

Return on equity32.3%

Cross-section against the peer median

Compared with companies under NACE code 62.10 — 24.

Turnover

×1.0

5.6 M € 5.5 M €

Employees

÷18

3 55

Taxes paid

÷10

0 € 435 k €

Payroll

÷5.7

431 k € 2.4 M €

Logarithmic scale

÷10÷3×1×3×10

Position among peers

Turnover

above 54% of peers

Employees

above 8% of peers

This company Peer median · 24

Indicators

Turnover per employee 1.9 M € ×18.6 of the median

Margin 28.1%

Year on year +17%

Payroll fund estimate 431 k €

Registration number 40003935375

Registered address Rīga, Raņķa dambis 30 - 110

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

938 k €

Contracts

Latest contract: 2026-09-17

Largest buyer

Valsts kase

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	5.6 M €	1.6 M €	6.2 M €	3
2024	4.8 M €	-86774 €	5.6 M €	4
2023	5.3 M €	481 k €	5.6 M €	4
2022	4.0 M €	380 k €	4.7 M €	3
2021	4.6 M €	647 k €	4.7 M €	3
2020	5.2 M €	721 k €	4.5 M €	4

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 62 — Computer programming and IT consultancy — not this company. Trade by individual firms is not published by law; by industry it is.

Industry goods exports

23.2 M €

Industry goods imports

22.0 M €

Exported most: Machinery and electrical equipment — 9.1 M €, Vehicles and transport equipment — 8.2 M €, Optical and precision instruments, clocks — 3.6 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.