Company · 52.22 · Warehousing and support activities for transportation

SIA Riga Towage Company

Address confidence: Confirmed

Show on the map Group website Sector: Transport and storage

Turnover · 2025

2.7 M €

-27% vs previous year

Employees

Turnover per employee: 82 k €

Taxes paid · 2024

575 k €

Payroll fund / employees: 24 k €

Payroll fund · 2024 estimate

783 k €

Wage estimate, gross: 2,039 €

Tax breakdown · 2026 Q3

Total paid to VID 89 k €

Personal income tax 43 k €

Social contributions 74 k €

VAT paid · after deductions 0 €

VAT refunded by the state 28 k €

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	89 k €	43 k €	74 k €	0 €	28 k €
2026 Q2	93 k €	46 k €	77 k €	650 €	31 k €
2026 Q1	82 k €	42 k €	70 k €	0 €	32 k €
2025 Q4	88 k €	43 k €	72 k €	0 €	27 k €
2024	575 k €	162 k €	267 k €	—	—
2023	305 k €	163 k €	275 k €	—	—
2022	390 k €	146 k €	248 k €	—	—

Financial health · From the 2025 balance sheet

Net profit-282077 €

Total assets7.4 M €

Equity3.4 M €

Current ratio0.9

Quick ratio0.9

Debt to equity1.2

Equity ratio45.8%

Return on assets-3.8%

Return on equity-8.3%

Cross-section against the peer median

Compared with companies under NACE code 52.22 — 24.

Turnover

×1.2

2.7 M € 2.2 M €

Employees

×1.9

33 17

Taxes paid

×1.6

89 k € 56 k €

Payroll

×2.2

783 k € 349 k €

Logarithmic scale

÷10÷3×1×3×10

Position among peers

Turnover

above 54% of peers

Employees

above 75% of peers

This company Peer median · 24

Indicators

Turnover per employee 82 k € ×0.6 of the median

Margin -10.4%

Year on year -27%

Payroll fund estimate 783 k €

Registration number 40103411985

Registered address Rīga, Tvaika iela 27

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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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	2.7 M €	-282077 €	7.4 M €	33
2024	3.7 M €	503 k €	11.8 M €	33
2023	4.6 M €	2.2 M €	12.7 M €	33
2022	7.2 M €	4.1 M €	12.2 M €	31
2021	4.9 M €	2.3 M €	9.9 M €	9
2020	4.9 M €	275 k €	723 k €	2

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 52 — Warehousing and support activities for transportation — not this company. Trade by individual firms is not published by law; by industry it is.

Industry goods exports

546.4 M €

Industry goods imports

259.5 M €

Exported most: Prepared foodstuffs, beverages, tobacco — 271.4 M €, Textiles and textile articles — 70.9 M €, Chemical products — 41.2 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.