Company · 43.50 · Specialised construction activities

SIA RIO

Address confidence: Confirmed

Show on the map Company website Sector: Construction

Turnover · 2025

3.4 M €

+10% vs previous year

Employees

Turnover per employee: 47 k €

Taxes paid · 2024

493 k €

Payroll fund / employees: 12 k €

Payroll fund · 2024 estimate

878 k €

Wage estimate, gross: 1,016 €

Tax breakdown · 2026 Q3

Total paid to VID 102 k €

Personal income tax 28 k €

Social contributions 69 k €

VAT paid · after deductions 0 €

VAT refunded by the state 24 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	102 k €	28 k €	69 k €	0 €	24 k €
2026 Q2	106 k €	28 k €	70 k €	0 €	24 k €
2026 Q1	119 k €	31 k €	71 k €	2 k €	11 k €
2025 Q4	54 k €	31 k €	72 k €	0 €	55 k €
2024	493 k €	158 k €	299 k €	—	—
2023	427 k €	165 k €	320 k €	—	—
2022	433 k €	172 k €	338 k €	—	—

Financial health · From the 2025 balance sheet

Net profit317 k €

Total assets2.5 M €

Equity2.1 M €

Current ratio4.1

Quick ratio3.5

Debt to equity0.2

Equity ratio82.6%

Return on assets12.5%

Return on equity15.1%

Cross-section against the peer median

Compared with companies under NACE code 43.50 — 17.

Turnover

×11

3.4 M € 321 k €

Employees

×10

72 7

Taxes paid

×22

102 k € 5 k €

Payroll

×29

878 k € 31 k €

Logarithmic scale

÷10÷3×1×3×10

Position among peers

Turnover

above 94% of peers

Employees

above 94% of peers

This company Peer median · 17

Indicators

Turnover per employee 47 k € ×1.0 of the median

Margin 9.3%

Year on year +10%

Payroll fund estimate 878 k €

Registration number 41503000893

Registered address Rīga, Gunāra Astras iela 1C

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

614 k €

Contracts

Latest contract: 2026-06-08

Largest buyer

SIA "OSTKOM"

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	3.4 M €	317 k €	2.5 M €	72
2024	3.1 M €	396 k €	2.2 M €	74
2023	3.4 M €	338 k €	2.3 M €	81
2022	3.2 M €	156 k €	2.3 M €	91
2021	2.9 M €	531 k €	2.3 M €	89
2020	3.1 M €	251 k €	1.9 M €	94

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 43 — Specialised construction activities — not this company. Trade by individual firms is not published by law; by industry it is.

Industry goods exports

20.9 M €

Industry goods imports

81.5 M €

Exported most: Base metals and articles thereof — 6.2 M €, Miscellaneous manufactured articles — 5.3 M €, Chemical products — 5.2 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.