Company · 64.21 · Financial services, except insurance and pension funding

SIA FORTIS VM

Address confidence: Confirmed

Show on the map Find website Sector: Finance and insurance

Turnover · 2025

171.1 M €

+1000% vs previous year

Employees

1,170

Turnover per employee: 146 k €

Taxes paid · 2024

823 k €

Payroll fund / employees: 792 €

Payroll fund · 2024 estimate

927 k €

Wage estimate, gross: 1,930 €

Tax breakdown · 2026 Q3

Total paid to VID 223 k €

Personal income tax 45 k €

Social contributions 95 k €

VAT paid · after deductions 83 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	223 k €	45 k €	95 k €	83 k €	0 €
2026 Q2	220 k €	44 k €	92 k €	84 k €	0 €
2026 Q1	219 k €	43 k €	89 k €	87 k €	0 €
2025 Q4	215 k €	42 k €	87 k €	86 k €	0 €
2024	823 k €	168 k €	316 k €	—	—
2023	665 k €	141 k €	265 k €	—	—
2022	199 k €	40 k €	80 k €	—	—

Financial health · From the 2025 balance sheet

Net profit9.1 M €

Total assets84.4 M €

Equity50.1 M €

Current ratio1.4

Quick ratio0.5

Debt to equity0.7

Equity ratio59.4%

Return on assets10.8%

Return on equity18.1%

Cross-section against the peer median

Compared with companies under NACE code 64.21 — 24.

Turnover

×4.1

171.1 M € 42.1 M €

Employees

×6.8

1,170 173

Taxes paid

×64

223 k € 4 k €

Payroll

×106

927 k € 9 k €

Logarithmic scale

÷10÷3×1×3×10

Position among peers

Turnover

above 96% of peers

Employees

above 96% of peers

This company Peer median · 24

Indicators

Turnover per employee 146 k € ×0.6 of the median

Margin 5.3%

Year on year +1000%

Payroll fund estimate 927 k €

Registration number 40203297583

Registered address Siguldas nov., Sigulda, Vidus iela 1

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
2025	171.1 M €	9.1 M €	84.4 M €	1170
2024	1.8 M €	2.0 M €	11.1 M €	39
2023	130.6 M €	10.2 M €	61.2 M €	1063
2022	111.0 M €	4.3 M €	43.0 M €	854
2021	0 €	2.6 M €	5.3 M €	1

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 64 — Financial services, except insurance and pension funding — not this company. Trade by individual firms is not published by law; by industry it is.

Industry goods exports

9.5 M €

Industry goods imports

13.6 M €

Exported most: Vehicles and transport equipment — 4.4 M €, Machinery and electrical equipment — 3.2 M €, Precious stones and metals — 1.6 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.