Company · 42.22 · Civil engineering

SIA SINTEC EU

Address confidence: Confirmed

Show on the map Find website Sector: Construction

Turnover · 2023

5.7 M €

-4% vs previous year

Employees

Turnover per employee: 177 k €

Taxes paid · 2023

148 k €

Payroll fund / employees: 32 k €

Payroll fund · 2023 estimate

1.0 M €

Wage estimate, gross: 2,362 €

Financial health · From the 2023 balance sheet

Net profit304 k €

Total assets1.8 M €

Equity134 k €

Current ratio1.0

Quick ratio1.0

Debt to equity12.1

Equity ratio7.6%

Return on assets17.3%

Return on equity226.6%

Cross-section against the peer median

Compared with companies under NACE code 42.22 — 24.

Turnover

÷1.2

5.7 M € 6.5 M €

Employees

÷1.8

32 56

Taxes paid

÷10

0 € 77 k €

Payroll

×1.1

1.0 M € 893 k €

Logarithmic scale

÷10÷3×1×3×10

Position among peers

Turnover

above 42% of peers

Employees

above 17% of peers

This company Peer median · 24

Indicators

Turnover per employee 177 k € ×1.5 of the median

Margin 5.4%

Year on year -4%

Payroll fund estimate 1.0 M €

Registration number 40103898516

Registered address Rīga, Kārļa Ulmaņa gatve 68

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
2023	5.7 M €	304 k €	1.8 M €	32
2022	5.9 M €	171 k €	2.0 M €	29
2021	7.3 M €	-611417 €	1.3 M €	40
2020	4.7 M €	-183365 €	2.4 M €	40
2019	2.5 M €	200 k €	688 k €	43
2018	2.1 M €	244 k €	602 k €	45

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 42 — Civil engineering — not this company. Trade by individual firms is not published by law; by industry it is.

Industry goods exports

9.6 M €

Industry goods imports

128.0 M €

Exported most: Machinery and electrical equipment — 3.6 M €, Mineral products — 1.9 M €, Stone, cement, ceramic and glass articles — 1.5 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.