Company · 41.00 · Construction of buildings

SIA Industrial Smart Solution

Address confidence: Confirmed

Show on the map Find website Sector: Construction

Turnover · 2025

5.8 M €

+117% vs previous year

Employees

Turnover per employee: 292 k €

Taxes paid · 2024

116 k €

Payroll fund / employees: 21 k €

Payroll fund · 2024 estimate

424 k €

Wage estimate, gross: 2,208 €

Tax breakdown · 2026 Q3

Total paid to VID 29 k €

Personal income tax 24 k €

Social contributions 15 k €

VAT paid · after deductions 770 €

VAT refunded by the state 26 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	29 k €	24 k €	15 k €	770 €	26 k €
2026 Q2	-22170 €	-330 €	16 k €	1 k €	46 k €
2026 Q1	30 k €	28 k €	40 k €	0 €	53 k €
2025 Q4	-22400 €	11 k €	28 k €	85 k €	152 k €
2024	116 k €	91 k €	144 k €	—	—
2023	16 k €	83 k €	142 k €	—	—
2022	10 k €	80 k €	121 k €	—	—

Financial health · From the 2025 balance sheet

Net profit317 k €

Total assets890 k €

Equity674 k €

Current ratio1.8

Quick ratio1.8

Debt to equity0.3

Equity ratio75.7%

Return on assets35.6%

Return on equity47.0%

Cross-section against the peer median

Compared with companies under NACE code 41.00 — 24.

Turnover

×1.0

5.8 M € 5.7 M €

Employees

÷1.3

20 25

Taxes paid

×30

29 k € 980 €

Payroll

×1.0

424 k € 411 k €

Logarithmic scale

÷10÷3×1×3×10

Position among peers

Turnover

above 54% of peers

Employees

above 46% of peers

This company Peer median · 24

Indicators

Turnover per employee 292 k € ×1.3 of the median

Margin 5.4%

Year on year +117%

Payroll fund estimate 424 k €

Registration number 40203130547

Registered address Rīga, Rostokas iela 24 - 11

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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ENFORT

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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	5.8 M €	317 k €	890 k €	20
2024	2.7 M €	58 k €	466 k €	18
2023	3.0 M €	19 k €	396 k €	15
2022	2.4 M €	28 k €	398 k €	14
2021	1.9 M €	-24882 €	940 k €	15
2020	552 k €	47 k €	659 k €	5

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 41 — Construction of buildings — not this company. Trade by individual firms is not published by law; by industry it is.

Industry goods exports

95.7 M €

Industry goods imports

40.1 M €

Exported most: Miscellaneous manufactured articles — 39.9 M €, Stone, cement, ceramic and glass articles — 29.4 M €, Base metals and articles thereof — 20.8 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.