Company · 41.00 · Construction of buildings

SIA Merko Būve

Address confidence: Confirmed

Show on the map Find website Sector: Construction

Turnover · 2025

18.6 M €

-25% vs previous year

Employees

Turnover per employee: 466 k €

Taxes paid · 2024

-2880 €

Payroll fund / employees: 20 k €

Payroll fund · 2024 estimate

799 k €

Wage estimate, gross: 2,895 €

Tax breakdown · 2026 Q3

Total paid to VID 203 k €

Personal income tax 119 k €

Social contributions 214 k €

VAT paid · after deductions 0 €

VAT refunded by the state 131 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	203 k €	119 k €	214 k €	0 €	131 k €
2026 Q2	-33000 €	84 k €	159 k €	0 €	277 k €
2026 Q1	3 k €	89 k €	165 k €	0 €	260 k €
2025 Q4	124 k €	98 k €	177 k €	0 €	151 k €
2024	-2880 €	146 k €	272 k €	—	—
2023	20 k €	12 k €	23 k €	—	—

Financial health · From the 2025 balance sheet

Net profit2.2 M €

Total assets9.4 M €

Equity1.9 M €

Current ratio1.2

Quick ratio1.2

Debt to equity4.0

Equity ratio20.0%

Return on assets23.1%

Return on equity115.3%

Cross-section against the peer median

Compared with companies under NACE code 41.00 — 24.

Turnover

×1.1

18.6 M € 17.5 M €

Employees

÷1.1

40 45

Taxes paid

×9.4

203 k € 22 k €

Payroll

×1.2

799 k € 670 k €

Logarithmic scale

÷10÷3×1×3×10

Position among peers

Turnover

above 63% of peers

Employees

above 42% of peers

This company Peer median · 24

Indicators

Turnover per employee 466 k € ×1.2 of the median

Margin 11.6%

Year on year -25%

Payroll fund estimate 799 k €

Registration number 40203453595

Registered address Rīga, Skanstes iela 25

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

365 k €

Contracts

Latest contract: 2026-04-23

Largest buyer

Valsts aizsardzības militāro objektu un iepirkumu centrs

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	18.6 M €	2.2 M €	9.4 M €	40
2024	25.0 M €	871 k €	8.4 M €	24
2023	481 k €	-134234 €	747 k €	3

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.