Company · 41.00 · Construction of buildings

SIA Nord X

Address confidence: Confirmed

Show on the map Company website Sector: Construction

Turnover · 2025

12.7 M €

+29% vs previous year

Employees

135

Turnover per employee: 94 k €

Taxes paid · 2024

744 k €

Payroll fund / employees: 21 k €

Payroll fund · 2024 estimate

2.8 M €

Wage estimate, gross: 1,775 €

Tax breakdown · 2026 Q3

Total paid to VID 324 k €

Personal income tax 135 k €

Social contributions 263 k €

VAT paid · after deductions 3 k €

VAT refunded by the state 93 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	324 k €	135 k €	263 k €	3 k €	93 k €
2026 Q2	164 k €	118 k €	241 k €	4 k €	215 k €
2026 Q1	118 k €	94 k €	179 k €	49 k €	222 k €
2025 Q4	198 k €	96 k €	278 k €	383 k €	564 k €
2024	744 k €	547 k €	951 k €	—	—
2023	686 k €	385 k €	824 k €	—	—
2022	578 k €	400 k €	783 k €	—	—

Financial health · From the 2025 balance sheet

Net profit914 k €

Total assets4.2 M €

Equity2.2 M €

Current ratio2.1

Quick ratio1.5

Debt to equity0.9

Equity ratio52.7%

Return on assets21.8%

Return on equity41.3%

Cross-section against the peer median

Compared with companies under NACE code 41.00 — 24.

Turnover

×1.1

12.7 M € 11.3 M €

Employees

×3.0

135 45

Taxes paid

×6.2

324 k € 52 k €

Payroll

×3.6

2.8 M € 776 k €

Logarithmic scale

÷10÷3×1×3×10

Position among peers

Turnover

above 71% of peers

Employees

above 96% of peers

This company Peer median · 24

Indicators

Turnover per employee 94 k € ×0.4 of the median

Margin 7.2%

Year on year +29%

Payroll fund estimate 2.8 M €

Registration number 40203212913

Registered address Rīga, Kazdangas iela 9

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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Public contracts

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

All time

1.3 M €

won jointly: 3

Contracts

Latest contract: 2025-11-25

Largest buyer

Ogres novada pašvaldība

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	12.7 M €	914 k €	4.2 M €	135
2024	9.9 M €	404 k €	2.8 M €	151
2023	11.8 M €	528 k €	3.8 M €	181
2022	8.8 M €	75 k €	2.6 M €	146
2021	4.8 M €	543 k €	1.8 M €	82
2020	93 k €	16 k €	142 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 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.