Company · 13.94 · Manufacture of textiles

SIA MAGISTR

Address confidence: Confirmed

Show on the map Group website Sector: Manufacturing

Turnover · 2025

4.2 M €

-16% vs previous year

Employees

Turnover per employee: 46 k €

Taxes paid · 2024

539 k €

Payroll fund / employees: 15 k €

Payroll fund · 2024 estimate

1.4 M €

Wage estimate, gross: 1,030 €

Tax breakdown · 2026 Q3

Total paid to VID 126 k €

Personal income tax 34 k €

Social contributions 112 k €

VAT paid · after deductions 0 €

VAT refunded by the state 21 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	126 k €	34 k €	112 k €	0 €	21 k €
2026 Q2	121 k €	32 k €	107 k €	190 €	20 k €
2026 Q1	91 k €	29 k €	100 k €	-20 €	39 k €
2025 Q4	117 k €	36 k €	113 k €	0 €	34 k €
2024	539 k €	187 k €	468 k €	—	—
2023	493 k €	165 k €	460 k €	—	—
2022	597 k €	169 k €	446 k €	—	—

Financial health · From the 2025 balance sheet

Net profit188 k €

Total assets6.5 M €

Equity4.8 M €

Current ratio3.9

Quick ratio0.7

Debt to equity0.4

Equity ratio73.4%

Return on assets2.9%

Return on equity3.9%

Cross-section against the peer median

Compared with companies under NACE code 13.94 — 10.

Turnover

×3.9

4.2 M € 1.1 M €

Employees

×4.0

93 24

Taxes paid

×2.1

126 k € 59 k €

Payroll

×4.9

1.4 M € 281 k €

Logarithmic scale

÷10÷3×1×3×10

Position among peers

Turnover

above 90% of peers

Employees

above 90% of peers

This company Peer median · 10

Indicators

Turnover per employee 46 k € ×1.0 of the median

Margin 4.4%

Year on year -16%

Payroll fund estimate 1.4 M €

Registration number 41503002466

Registered address Daugavpils, Raiņa iela 24

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	4.2 M €	188 k €	6.5 M €	93
2024	5.0 M €	151 k €	6.1 M €	110
2023	5.2 M €	93 k €	6.5 M €	119
2022	5.9 M €	86 k €	6.8 M €	122
2021	6.3 M €	441 k €	6.8 M €	131
2020	6.4 M €	403 k €	6.2 M €	130

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 13 — Manufacture of textiles — not this company. Trade by individual firms is not published by law; by industry it is.

Industry goods exports

80.4 M €

Industry goods imports

45.9 M €

Goods exports to turnover estimate

62%

Industry goods exports against the turnover of its companies on this site: two sources, so only the order of magnitude holds. A share this high is why companies in the industry pay little net VAT: exported goods carry no VAT.

Exported most: Textiles and textile articles — 58.2 M €, Miscellaneous manufactured articles — 9.1 M €, Plastics and rubber — 8.1 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.