Company · 49.41 · Land transport and transport via pipelines

SIA MarTo logistics

Address confidence: Confirmed

Show on the map Company website Sector: Transport and storage

Turnover · 2025

5.0 M €

+33% vs previous year

Employees

Turnover per employee: 103 k €

Taxes paid · 2024

304 k €

Payroll fund / employees: 11 k €

Payroll fund · 2024 estimate

553 k €

Wage estimate, gross: 1,181 €

Tax breakdown · 2026 Q3

Total paid to VID 125 k €

Personal income tax 19 k €

Social contributions 46 k €

VAT paid · after deductions 60 k €

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	125 k €	19 k €	46 k €	60 k €	0 €
2026 Q2	10 k €	29 k €	67 k €	8 k €	94 k €
2026 Q1	61 k €	26 k €	61 k €	10 k €	37 k €
2025 Q4	141 k €	30 k €	66 k €	46 k €	0 €
2024	304 k €	98 k €	188 k €	—	—
2023	225 k €	79 k €	157 k €	—	—
2022	286 k €	48 k €	102 k €	—	—

Financial health · From the 2025 balance sheet

Net profit380 k €

Total assets2.5 M €

Equity1.2 M €

Current ratio1.6

Quick ratio1.5

Debt to equity1.1

Equity ratio47.9%

Return on assets15.2%

Return on equity31.8%

Cross-section against the peer median

Compared with companies under NACE code 49.41 — 24.

Turnover

×1.0

5.0 M € 4.9 M €

Employees

×1.1

49 45

Taxes paid

×1.4

125 k € 87 k €

Payroll

×1.3

553 k € 415 k €

Logarithmic scale

÷10÷3×1×3×10

Position among peers

Turnover

above 58% of peers

Employees

above 71% of peers

This company Peer median · 24

Indicators

Turnover per employee 103 k € ×0.9 of the median

Margin 7.5%

Year on year +33%

Payroll fund estimate 553 k €

Registration number 40203174946

Registered address Siguldas nov., Sigulda, Gāles 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.

Similar companies

Saslaukas transports

Talsu nov. · 5.0 M €

KORN

Bauskas nov. · 5.0 M €

MARTITRANS

Cēsu nov. · 5.0 M €

ĒRGLIS & KO

Rīga · 4.9 M €

Terra express

Rīga · 4.9 M €

Adverza Germany

Daugavpils · 4.8 M €

Public contracts

Contracts awarded by public buyers, from the Procurement Monitoring Bureau. Published facts, not estimates.

All time

21 k €

Contracts

Latest contract: 2025-07-25

Largest buyer

SIA "Siguldas Sporta serviss"

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	5.0 M €	380 k €	2.5 M €	49
2024	3.8 M €	44 k €	2.0 M €	40
2023	3.2 M €	59 k €	1.7 M €	34
2022	3.1 M €	422 k €	1.3 M €	24
2021	1.1 M €	111 k €	686 k €	16
2020	776 k €	71 k €	502 k €	12

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 49 — Land transport and transport via pipelines — not this company. Trade by individual firms is not published by law; by industry it is.

Industry goods exports

21.6 M €

Industry goods imports

80.4 M €

Exported most: Vehicles and transport equipment — 13.5 M €, Machinery and electrical equipment — 3.6 M €, Wood and articles of wood — 961 k €

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.