Company · 46.64 · Wholesale trade

SIA ITR

Address confidence: Confirmed

Show on the map Company website Sector: Trade

From the company website
For more than 30 years, we have been supplying the Latvian market with loading equipment from the world’s leading manufacturers. Our company specialises in keeping your equipment running 24 hours a day, 365 days a year. The highest quality…
Vairāk kā 30 gadus mēs piegādājam Latvijas tirgum iekraušanas tehniku no pasaules labākajiem ražotājiem Mūsu uzņēmuma specializācija ir uzturēt Jūsu tehniku kustībā 24 stundas diennaktī, 365 dienas gadā Augstākās kvalitā…

Turnover · 2025

5.0 M €

+14% vs previous year

Employees

Turnover per employee: 167 k €

Taxes paid · 2024

1.1 M €

Payroll fund / employees: 24 k €

Payroll fund · 2024 estimate

717 k €

Wage estimate, gross: 1,991 €

Tax breakdown · 2026 Q3

Total paid to VID 286 k €

Personal income tax 32 k €

Social contributions 69 k €

VAT paid · after deductions 184 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	286 k €	32 k €	69 k €	184 k €	0 €
2026 Q2	233 k €	31 k €	65 k €	105 k €	0 €
2026 Q1	246 k €	35 k €	72 k €	138 k €	0 €
2025 Q4	351 k €	35 k €	72 k €	240 k €	0 €
2024	1.1 M €	128 k €	244 k €	—	—
2023	1.1 M €	109 k €	214 k €	—	—
2022	1.3 M €	98 k €	197 k €	—	—

Financial health · From the 2025 balance sheet

Net profit445 k €

Total assets3.7 M €

Equity3.6 M €

Current ratio19.1

Quick ratio16.1

Debt to equity0.1

Equity ratio95.0%

Return on assets11.9%

Return on equity12.5%

Cross-section against the peer median

Compared with companies under NACE code 46.64 — 24.

Turnover

×1.1

5.0 M € 4.6 M €

Employees

×3.0

30 10

Taxes paid

×1.3

286 k € 223 k €

Payroll

×2.3

717 k € 314 k €

Logarithmic scale

÷10÷3×1×3×10

Position among peers

Turnover

above 58% of peers

Employees

above 79% of peers

This company Peer median · 24

Indicators

Turnover per employee 167 k € ×0.4 of the median

Margin 8.9%

Year on year +14%

Payroll fund estimate 717 k €

Registration number 40103037567

Registered address Rīga, Dambja iela 7

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

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ALFA LAVAL

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VTS LATVIA

Rīga · 4.7 M €

Equipment Provider

Rīga · 4.5 M €

GULTŅI

Rīga · 5.6 M €

Public contracts

Contracts awarded by public buyers, from the Procurement Monitoring Bureau. Published facts, not estimates.

All time

1.0 M €

Contracts

Latest contract: 2026-04-24

Largest buyer

Valsts aizsardzības loģistikas un iepirkumu centrs

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	5.0 M €	445 k €	3.7 M €	30
2024	4.4 M €	359 k €	3.8 M €	31
2023	4.2 M €	755 k €	3.5 M €	31
2022	5.4 M €	675 k €	2.8 M €	31
2021	3.8 M €	574 k €	2.3 M €	31
2020	3.1 M €	306 k €	1.9 M €	31

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 46 — Wholesale trade — not this company. Trade by individual firms is not published by law; by industry it is.

Industry goods exports

7.9 bn €

Industry goods imports

11.1 bn €

Goods exports to turnover estimate

37%

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: Machinery and electrical equipment — 1.5 bn €, Vegetable products — 852.9 M €, Chemical products — 846.2 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.