Company · 38.12 · Waste collection, treatment and disposal; materials recovery

SIA Oil Recovery

Address confidence: Confirmed

Show on the map Company website Sector: Water and waste

From the company website
SIA “Oil Recovery” is a waste management organisation specialising in the collection and recycling of environmentally harmful and hazardous waste
Uzņēmums SIA "Oil Recovery" ir atkritumu apsaimniekošanas organizācija, kas nodarbojas ar videi kaitīgo un bīstamo atkritumu savākšanu un pārstrādi

Turnover · 2025

7.3 M €

0% vs previous year

Employees

Turnover per employee: 117 k €

Taxes paid · 2024

0 €

Payroll fund / employees: 36 k €

Payroll fund · 2024 estimate

2.3 M €

Wage estimate, gross: 3,031 €

Tax breakdown · 2026 Q3

Total paid to VID 604 k €

Personal income tax 106 k €

Social contributions 192 k €

VAT paid · after deductions 301 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	604 k €	106 k €	192 k €	301 k €	0 €
2026 Q2	359 k €	89 k €	163 k €	100 k €	0 €
2026 Q1	270 k €	88 k €	161 k €	16 k €	0 €
2025 Q4	515 k €	82 k €	152 k €	275 k €	0 €
2024	0 €	0 €	0 €	—	—

Financial health · From the 2025 balance sheet

Net profit1.7 M €

Total assets10.9 M €

Equity2.7 M €

Current ratio1.4

Quick ratio1.4

Debt to equity2.8

Equity ratio24.3%

Return on assets15.6%

Return on equity64.2%

Cross-section against the peer median

Not enough companies under the exact code — compared within NACE division 38 · Waste collection, treatment and disposal; materials recovery — 24.

Turnover

×1.0

7.3 M € 7.0 M €

Employees

×1.1

62 55

Taxes paid

×1.5

604 k € 412 k €

Payroll

×2.4

2.3 M € 928 k €

Logarithmic scale

÷10÷3×1×3×10

Position among peers

Turnover

above 63% of peers

Employees

above 54% of peers

This company Peer median · 24

Indicators

Turnover per employee 117 k € ×0.9 of the median

Margin 23.4%

Year on year 0%

Payroll fund estimate 2.3 M €

Registration number 40203597389

Registered address Rīga, Tvaika iela 39C

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

5.4 M €

Contracts

Latest contract: 2026-05-09

Largest buyer

Rīgas pašvaldības sabiedrība ar ierobežotu atbildību "Rīgas satiksme"

Latest contracts

Foreign trade of the industry · 2025

All companies in division 38 — Waste collection, treatment and disposal; materials recovery — not this company. Trade by individual firms is not published by law; by industry it is.

Industry goods exports

24.2 M €

Industry goods imports

22.7 M €

Goods exports to turnover estimate

Industry goods exports against the turnover of its companies on this site: two sources, so only the order of magnitude holds.

Exported most: Base metals and articles thereof — 8.3 M €, Plastics and rubber — 5.7 M €, Pulp, paper and paperboard — 5.5 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.