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Company · 82.10 · Office administrative and other business support activities

SIA Norwegian Air Resources Latvia

Turnover · 2025

7.6 M €

-27% vs previous year

Employees

156

Turnover per employee: 49 k €

Taxes paid · 2024

1.7 M €

Payroll fund / employees: 23 k €

Payroll fund · 2024 estimate

3.7 M €

Wage estimate, gross: 1,941 €

Tax breakdown · 2026 Q3

Total paid to VID 555 k €
Personal income tax 198 k €
Social contributions 408 k €
VAT paid · after deductions 0 €
VAT refunded by the state 51 k €

Quarterly history

QuarterTotal paid to VIDPersonal income taxSocial contributionsVAT paid · after deductionsVAT refunded by the state
2026 Q3555 k €198 k €408 k €0 €51 k €
2026 Q2534 k €191 k €398 k €0 €56 k €
2026 Q1497 k €177 k €373 k €0 €53 k €
2025 Q4470 k €170 k €356 k €0 €56 k €
20241.7 M €656 k €1.2 M €——
20231.7 M €635 k €1.2 M €——
20221.3 M €521 k €1.0 M €——

Financial health · From the 2025 balance sheet

Net profit183 k €
Total assets4.6 M €
Equity1.5 M €
Current ratio2.3
Quick ratio2.3
Debt to equity2.0
Equity ratio32.9%
Return on assets4.0%
Return on equity12.1%

Cross-section against the peer median

Compared with companies under NACE code 82.10 — 24.

Turnover
×4.7
7.6 M € 1.6 M €
Employees
×10
156 16
Taxes paid
×6.0
555 k € 93 k €
Payroll
×9.0
3.7 M € 404 k €
Logarithmic scale
÷10÷3×1×3×10

Position among peers

Turnover
above 92% of peers
Employees
above 92% of peers
This company Peer median · 24

Indicators

Turnover per employee 49 k € ×0.5 of the median
Margin 2.4%
Year on year -27%
Payroll fund estimate 3.7 M €
Registration number 40203253273
Registered address Rīga, Gustava Zemgala gatve 74A

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

Public contracts

All time

40 k €

Contracts

1

Latest contract: 2024-07-22

Largest buyer

Rīgas valstpilsētas pašvaldības aģentūra "Rīgas investīciju un tūrisma aģentūra"

Latest contracts

    Filed annual reports

    YearTurnoverNet profitAssetsEmployees
    20257.6 M € 183 k € 4.6 M € 156
    202410.5 M € 568 k € 3.5 M € 158
    202312.5 M € 505 k € 15.2 M € 168
    202211.0 M € 401 k € 11.3 M € 161
    20213.6 M € -142669 € 3.1 M € 69

    Foreign trade of the industry · 2025

    Industry goods exports

    4.1 M €

    Industry goods imports

    2.3 M €