Company · 42.22 · Civil engineering

SIA BALTIC ELEKTROMONTĀŽA

Address confidence: Confirmed

Show on the map Find website Sector: Construction

Turnover · 2025

2.8 M €

+11% vs previous year

Employees

Turnover per employee: 55 k €

Taxes paid · 2024

184 k €

Payroll fund / employees: 15 k €

Payroll fund · 2024 estimate

743 k €

Wage estimate, gross: 1,146 €

Tax breakdown · 2026 Q3

Total paid to VID 20 k €

Personal income tax 31 k €

Social contributions 66 k €

VAT paid · after deductions 14 k €

VAT refunded by the state 92 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	20 k €	31 k €	66 k €	14 k €	92 k €
2026 Q2	96 k €	35 k €	75 k €	630 €	20 k €
2026 Q1	54 k €	21 k €	56 k €	0 €	25 k €
2025 Q4	82 k €	31 k €	71 k €	3 k €	37 k €
2024	184 k €	122 k €	253 k €	—	—
2023	254 k €	105 k €	228 k €	—	—
2022	253 k €	97 k €	219 k €	—	—

Financial health · From the 2025 balance sheet

Net profit296 k €

Total assets1.0 M €

Equity475 k €

Current ratio1.6

Quick ratio1.4

Debt to equity1.2

Equity ratio45.2%

Return on assets28.2%

Return on equity62.4%

Cross-section against the peer median

Compared with companies under NACE code 42.22 — 24.

Turnover

×1.1

2.8 M € 2.4 M €

Employees

×1.9

50 27

Taxes paid

÷3.3

20 k € 67 k €

Payroll

×1.4

743 k € 544 k €

Logarithmic scale

÷10÷3×1×3×10

Position among peers

Turnover

above 71% of peers

Employees

above 79% of peers

This company Peer median · 24

Indicators

Turnover per employee 55 k € ×0.6 of the median

Margin 10.7%

Year on year +11%

Payroll fund estimate 743 k €

Registration number 41503011365

Registered address Daugavpils, Dunduru iela 5C

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

VATLAT

Valmieras nov. · 2.6 M €

ALSTOM Baltics

Rīga · 2.5 M €

GP Systems

Ķekavas nov. · 2.5 M €

RELAPRIMS

Rīga · 2.5 M €

WolfHouse

Ādažu nov. · 2.5 M €

ELEKTRIĶIS

Ventspils · 3.1 M €

Public contracts

Contracts awarded by public buyers, from the Procurement Monitoring Bureau. Published facts, not estimates.

All time

2.4 M €

Contracts

Latest contract: 2026-04-30

Largest buyer

AS "Sadales tīkls"

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	2.8 M €	296 k €	1.0 M €	50
2024	2.5 M €	54 k €	975 k €	50
2023	2.1 M €	40 k €	1.0 M €	47
2022	2.3 M €	145 k €	924 k €	50
2021	2.0 M €	272 k €	793 k €	51
2020	1.6 M €	44 k €	603 k €	52

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 42 — Civil engineering — not this company. Trade by individual firms is not published by law; by industry it is.

Industry goods exports

9.6 M €

Industry goods imports

128.0 M €

Exported most: Machinery and electrical equipment — 3.6 M €, Mineral products — 1.9 M €, Stone, cement, ceramic and glass articles — 1.5 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.