Company · 47.12 · Retail trade

SIA H & M Hennes & Mauritz

Address confidence: Confirmed

Show on the map Find website Sector: Trade

Turnover · 2024

30.2 M €

-1% vs previous year

Employees

305

Turnover per employee: 99 k €

Taxes paid · 2024

7.7 M €

Payroll fund / employees: 11 k €

Payroll fund · 2024 estimate

3.3 M €

Wage estimate, gross: 951 €

Tax breakdown · 2026 Q3

Total paid to VID 2.1 M €

Personal income tax 106 k €

Social contributions 307 k €

VAT paid · after deductions 1.7 M €

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	2.1 M €	106 k €	307 k €	1.7 M €	0 €
2026 Q2	1.9 M €	86 k €	270 k €	1.5 M €	0 €
2026 Q1	1.4 M €	88 k €	271 k €	1.1 M €	0 €
2025 Q4	1.4 M €	85 k €	264 k €	1.0 M €	0 €
2024	7.7 M €	520 k €	1.1 M €	—	—
2023	8.0 M €	446 k €	1.0 M €	—	—
2022	6.7 M €	386 k €	869 k €	—	—

Financial health · From the 2024 balance sheet

Net profit256 k €

Total assets10.9 M €

Equity5.5 M €

Current ratio1.1

Quick ratio0.6

Debt to equity1.0

Equity ratio50.1%

Return on assets2.3%

Return on equity4.7%

Cross-section against the peer median

Compared with companies under NACE code 47.12 — 24.

Turnover

×6.2

30.2 M € 4.9 M €

Employees

×5.8

305 53

Taxes paid

×11

2.1 M € 187 k €

Payroll

×4.6

3.3 M € 721 k €

Logarithmic scale

÷10÷3×1×3×10

Position among peers

Turnover

above 92% of peers

Employees

above 96% of peers

This company Peer median · 24

Indicators

Turnover per employee 99 k € ×1.1 of the median

Margin 0.8%

Year on year -1%

Payroll fund estimate 3.3 M €

Registration number 40103523133

Registered address Rīga, Dzirnavu iela 67

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
2024	30.2 M €	256 k €	10.9 M €	305
2023	30.6 M €	-118076 €	13.0 M €	292
2022	28.9 M €	1.0 M €	16.2 M €	268
2021	15.7 M €	683 k €	12.4 M €	283
2020	26.3 M €	1.2 M €	15.5 M €	317
2019	32.2 M €	1.6 M €	14.5 M €	337

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

Industry goods exports

821.6 M €

Industry goods imports

3.6 bn €

Goods exports to turnover estimate

Industry goods exports against the turnover of its companies on this site: two sources, so only the order of magnitude holds.

Exported most: Vehicles and transport equipment — 159.6 M €, Prepared foodstuffs, beverages, tobacco — 132.7 M €, Vegetable products — 106.1 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.