Company · 41.00 · Construction of buildings

SIA Armora

Address confidence: Confirmed

Show on the map Find website Sector: Construction

Turnover · 2025

5.0 M €

+428% vs previous year

Employees

Turnover per employee: 155 k €

Taxes paid · 2024

144 k €

Payroll fund / employees: 4 k €

Payroll fund · 2024 estimate

127 k €

Wage estimate, gross: 884 €

Tax breakdown · 2026 Q3

Total paid to VID 68 k €

Personal income tax 25 k €

Social contributions 42 k €

VAT paid · after deductions 7 k €

VAT refunded by the state 6 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	68 k €	25 k €	42 k €	7 k €	6 k €
2026 Q2	-4570 €	29 k €	41 k €	-19970 €	84 k €
2026 Q1	86 k €	19 k €	32 k €	49 k €	17 k €
2025 Q4	42 k €	28 k €	45 k €	8 k €	39 k €
2024	144 k €	24 k €	43 k €	—	—
2023	266 k €	31 k €	55 k €	—	—
2022	114 k €	16 k €	26 k €	—	—

Financial health · From the 2025 balance sheet

Net profit1.6 M €

Total assets2.4 M €

Equity1.7 M €

Current ratio2.5

Quick ratio2.4

Debt to equity0.5

Equity ratio68.5%

Return on assets65.3%

Return on equity95.3%

Cross-section against the peer median

Compared with companies under NACE code 41.00 — 24.

Turnover

÷1.0

5.0 M € 5.1 M €

Employees

×1.5

32 22

Taxes paid

×21

68 k € 3 k €

Payroll

÷3.2

127 k € 411 k €

Logarithmic scale

÷10÷3×1×3×10

Position among peers

Turnover

above 46% of peers

Employees

above 71% of peers

This company Peer median · 24

Indicators

Turnover per employee 155 k € ×0.7 of the median

Margin 31.9%

Year on year +428%

Payroll fund estimate 127 k €

Registration number 41203074766

Registered address Mārupes nov., Mārupe, Daugavas iela 38

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

Labā māja Latvija

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INO

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Saliena Construction

Mārupes nov. · 4.9 M €

Capital BAU

Rīga · 4.8 M €

Built In

Mārupe · 5.2 M €

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	5.0 M €	1.6 M €	2.4 M €	32
2024	942 k €	108 k €	481 k €	13
2023	1.7 M €	18 k €	382 k €	14
2022	924 k €	22 k €	506 k €	12
2021	330 k €	33 k €	69 k €	5

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.