Company · 41.00 · Construction of buildings

AS UPB

Address confidence: Confirmed

Show on the map Company website Sector: Construction

From the company website
The UPB Group comprises more than 20 companies, bringing together various UPB business areas – design, the manufacture of glass, metal and concrete structures, general construction, as well as energy and mechanical engineering solutions
UPB grupā ietilpst vairāk nekā 20 uzņēmumi, kas apvieno dažādus UPB biznesa virzienus – projektēšanu, stikla, metāla un betona konstrukciju ražošanu, ģenerālbūvniecību, kā arī enerģētikas un mašīnbūves risinājumus

Turnover · 2025

258.1 M €

+18% vs previous year

Employees

1,607

Turnover per employee: 161 k €

Taxes paid · 2024

8.1 M €

Payroll fund / employees: 11 k €

Payroll fund · 2024 estimate

17.7 M €

Wage estimate, gross: 2,646 €

Tax breakdown · 2026 Q3

Total paid to VID 2.2 M €

Personal income tax 636 k €

Social contributions 1.6 M €

VAT paid · after deductions 0 €

VAT refunded by the state 0 €

Quarterly history

Quarter	Total paid to VID	Personal income tax	Social contributions	VAT paid · after deductions	VAT refunded by the state
2026 Q3	2.2 M €	636 k €	1.6 M €	0 €	0 €
2026 Q2	2.0 M €	441 k €	1.5 M €	0 €	0 €
2026 Q1	1.9 M €	446 k €	1.4 M €	0 €	0 €
2025 Q4	2.3 M €	581 k €	1.7 M €	0 €	0 €
2024	8.1 M €	2.1 M €	6.0 M €	—	—
2023	7.6 M €	1.9 M €	5.7 M €	—	—
2022	8.5 M €	2.1 M €	6.4 M €	—	—

Financial health · From the 2025 balance sheet

Net profit13.3 M €

Total assets135.9 M €

Equity51.8 M €

Current ratio1.5

Quick ratio1.2

Debt to equity1.4

Equity ratio38.1%

Return on assets9.8%

Return on equity25.8%

Cross-section against the peer median

Compared with companies under NACE code 41.00 — 24.

Turnover

×7.1

258.1 M € 36.2 M €

Employees

×19

1,607 85

Taxes paid

÷10

2.2 M € -30520 €

Payroll

×9.1

17.7 M € 2.0 M €

Logarithmic scale

÷10÷3×1×3×10

Position among peers

Turnover

above 100% of peers

Employees

above 100% of peers

This company Peer median · 24

Indicators

Turnover per employee 161 k € ×0.4 of the median

Margin 5.2%

Year on year +18%

Payroll fund estimate 17.7 M €

Registration number 42103000187

Registered address Liepāja, Dzintaru iela 17

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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PRO DEV

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Public contracts

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

All time

83.4 M €

Contracts

Latest contract: 2025-11-07

Largest buyer

Nodrošinājuma valsts aģentūra

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	258.1 M €	13.3 M €	135.9 M €	1607
2024	219.4 M €	4.4 M €	132.0 M €	1609
2023	248.3 M €	4.1 M €	138.8 M €	1763
2022	237.7 M €	-4688876 €	131.0 M €	2108
2021	207.7 M €	5.9 M €	94.9 M €	851
2020	237.6 M €	13.5 M €	118.0 M €	1938

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.