Company · 25.22 · Manufacture of fabricated metal products

SIA Modul

Address confidence: Confirmed

Show on the map Company website Sector: Manufacturing

From the company website
Containers, office modules, freezer containers and toilet containers in Latvia, Lithuania and Estonia. Price valid on this working day, delivery throughout the Baltic States
Konteineri, biroja moduļi, saldētavas konteineri un sanitārie konteineri Latvijā, Lietuvā un Igaunijā. Cena šajā darba dienā, piegāde visā Baltijā

Turnover · 2025

7.8 M €

+55% vs previous year

Employees

Turnover per employee: 222 k €

Taxes paid · 2024

1.0 M €

Payroll fund / employees: 19 k €

Payroll fund · 2024 estimate

652 k €

Wage estimate, gross: 1,811 €

Tax breakdown · 2026 Q3

Total paid to VID 485 k €

Personal income tax 43 k €

Social contributions 89 k €

VAT paid · after deductions 349 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	485 k €	43 k €	89 k €	349 k €	0 €
2026 Q2	354 k €	36 k €	77 k €	240 k €	0 €
2026 Q1	494 k €	33 k €	72 k €	261 k €	1 k €
2025 Q4	572 k €	33 k €	70 k €	194 k €	0 €
2024	1.0 M €	117 k €	222 k €	—	—
2023	878 k €	97 k €	192 k €	—	—
2022	1.4 M €	93 k €	182 k €	—	—

Financial health · From the 2025 balance sheet

Net profit1.1 M €

Total assets6.9 M €

Equity6.0 M €

Current ratio4.9

Quick ratio1.7

Debt to equity0.1

Equity ratio88.2%

Return on assets16.1%

Return on equity18.3%

Cross-section against the peer median

Compared with companies under NACE code 25.22 — 9.

Turnover

×14

7.8 M € 542 k €

Employees

×12

35 3

Taxes paid

×4,412

485 k € 110 €

Payroll

×9.5

652 k € 69 k €

Logarithmic scale

÷10÷3×1×3×10

Position among peers

Turnover

above 100% of peers

Employees

above 78% of peers

This company Peer median · 9

Indicators

Turnover per employee 222 k € ×1.2 of the median

Margin 14.3%

Year on year +55%

Payroll fund estimate 652 k €

Registration number 40103174460

Registered address Rīga, Latgales iela 433

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

476 k €

won jointly: 7

Contracts

Latest contract: 2026-04-13

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	7.8 M €	1.1 M €	6.9 M €	35
2024	5.0 M €	437 k €	6.6 M €	30
2023	4.8 M €	853 k €	6.6 M €	26
2022	7.3 M €	1.6 M €	6.2 M €	30
2021	6.1 M €	1.7 M €	4.9 M €	32
2020	4.5 M €	945 k €	3.4 M €	28

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 25 — Manufacture of fabricated metal products — not this company. Trade by individual firms is not published by law; by industry it is.

Industry goods exports

503.6 M €

Industry goods imports

282.5 M €

Goods exports to turnover estimate

40%

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: Base metals and articles thereof — 395.6 M €, Machinery and electrical equipment — 47.5 M €, Vehicles and transport equipment — 44.3 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.