Company · 41.00 · Construction of buildings

SIA AIDACO CONSTRUCTION

Address confidence: Confirmed

Show on the map Group website Sector: Construction

Turnover · 2025

8.3 M €

-29% vs previous year

Employees

Turnover per employee: 415 k €

Taxes paid · 2024

178 k €

Payroll fund / employees: 18 k €

Payroll fund · 2024 estimate

354 k €

Wage estimate, gross: 1,967 €

Tax breakdown · 2026 Q3

Total paid to VID -20 €

Personal income tax 14 k €

Social contributions 26 k €

VAT paid · after deductions 1 k €

VAT refunded by the state 41 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 €	14 k €	26 k €	1 k €	41 k €
2026 Q2	99 k €	26 k €	47 k €	0 €	54 k €
2026 Q1	28 k €	24 k €	44 k €	0 €	40 k €
2025 Q4	-77220 €	29 k €	51 k €	0 €	157 k €
2024	178 k €	67 k €	121 k €	—	—
2023	-249390 €	98 k €	179 k €	—	—
2022	64 k €	57 k €	107 k €	—	—

Financial health · From the 2025 balance sheet

Net profit877 k €

Total assets3.7 M €

Equity2.0 M €

Current ratio2.0

Quick ratio1.8

Debt to equity0.9

Equity ratio52.6%

Return on assets23.5%

Return on equity44.7%

Cross-section against the peer median

Compared with companies under NACE code 41.00 — 24.

Turnover

×1.0

8.3 M € 8.2 M €

Employees

÷2.4

20 48

Taxes paid

÷12

-20 € -230 €

Payroll

÷1.4

354 k € 483 k €

Logarithmic scale

÷10÷3×1×3×10

Position among peers

Turnover

above 50% of peers

Employees

above 38% of peers

This company Peer median · 24

Indicators

Turnover per employee 415 k € ×2.4 of the median

Margin 10.6%

Year on year -29%

Payroll fund estimate 354 k €

Registration number 41702007933

Registered address Rīga, Brīvības iela 47 - 5

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

HOMELAND BŪVE

Rīga · 8.7 M €

Ropex Building and Construction

Tukums · 7.7 M €

PRO GROUP

Rīga · 8.9 M €

Baltic Builders Alliance

Rīga · 7.7 M €

Plastik

Rīga · 9.1 M €

AMATNIEKS

Tukums · 7.6 M €

Public contracts

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

All time

11.8 M €

won jointly: 1

Contracts

Latest contract: 2026-03-23

Largest buyer

Talsu novada pašvaldība

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	8.3 M €	877 k €	3.7 M €	20
2024	11.7 M €	340 k €	7.1 M €	16
2023	19.4 M €	747 k €	8.1 M €	22
2022	11.2 M €	483 k €	2.1 M €	15
2021	4.4 M €	293 k €	1.3 M €	8
2020	27 k €	17 k €	29 k €	2

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.