Company · 85.53 · Education

SIA "Air Baltic Training",

Address confidence: Confirmed

Show on the map Company website Sector: Education

Turnover · 2025

6.0 M €

+10% vs previous year

Employees

Turnover per employee: 136 k €

Taxes paid · 2024

907 k €

Payroll fund / employees: 38 k €

Payroll fund · 2024 estimate

1.7 M €

Wage estimate, gross: 2,822 €

Tax breakdown · 2026 Q3

Total paid to VID 515 k €

Personal income tax 180 k €

Social contributions 334 k €

VAT paid · after deductions 450 €

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	515 k €	180 k €	334 k €	450 €	0 €
2026 Q2	382 k €	95 k €	285 k €	330 €	0 €
2026 Q1	17 k €	-10 €	16 k €	0 €	0 €
2025 Q4	332 k €	125 k €	206 k €	0 €	0 €
2024	907 k €	321 k €	577 k €	—	—
2023	797 k €	288 k €	497 k €	—	—
2022	477 k €	168 k €	305 k €	—	—

Financial health · From the 2025 balance sheet

Net profit569 k €

Total assets7.8 M €

Equity2.3 M €

Current ratio1.2

Quick ratio1.1

Debt to equity2.4

Equity ratio29.7%

Return on assets7.3%

Return on equity24.6%

Cross-section against the peer median

Compared with companies under NACE code 85.53 — 24.

Turnover

×42

6.0 M € 143 k €

Employees

×11

44 4

Taxes paid

×43

515 k € 12 k €

Payroll

×76

1.7 M € 22 k €

Logarithmic scale

÷10÷3×1×3×10

Position among peers

Turnover

above 100% of peers

Employees

above 100% of peers

This company Peer median · 24

Indicators

Turnover per employee 136 k € ×3.8 of the median

Margin 9.6%

Year on year +10%

Payroll fund estimate 1.7 M €

Registration number 40103272422

Registered address Mārupes nov., Mārupes pag., Lidosta "Rīga", Pilotu iela 6

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

58 k €

Contracts

Latest contract: 2026-03-24

Largest buyer

Valsts robežsardze

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	6.0 M €	569 k €	7.8 M €	44
2024	5.4 M €	190 k €	7.1 M €	39
2023	4.8 M €	982 k €	7.7 M €	33
2022	2.5 M €	-1042628 €	7.1 M €	26
2021	2.2 M €	-327419 €	6.3 M €	27
2020	3.1 M €	-57907 €	6.7 M €	34

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 85 — Education — not this company. Trade by individual firms is not published by law; by industry it is.

Industry goods exports

not published

Industry goods imports

2.2 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.