Company · 13.94 · Manufacture of textiles

SIA Rēzeknes speciālās ekonomiskās zonas "MAGISTR-FISKEVEGN GROUP.MFG" sabiedrība ar ierobežotu atbildību

Address confidence: Confirmed

Show on the map Find website Sector: Manufacturing

Turnover · 2025

3.9 M €

-5% vs previous year

Employees

Turnover per employee: 59 k €

Taxes paid · 2024

362 k €

Payroll fund / employees: 14 k €

Payroll fund · 2024 estimate

900 k €

Wage estimate, gross: 1,013 €

Tax breakdown · 2026 Q3

Total paid to VID 85 k €

Personal income tax 27 k €

Social contributions 75 k €

VAT paid · after deductions 0 €

VAT refunded by the state 18 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	85 k €	27 k €	75 k €	0 €	18 k €
2026 Q2	96 k €	30 k €	81 k €	0 €	15 k €
2026 Q1	102 k €	25 k €	73 k €	6 k €	3 k €
2025 Q4	109 k €	29 k €	82 k €	2 k €	4 k €
2024	362 k €	132 k €	307 k €	—	—
2023	281 k €	115 k €	289 k €	—	—
2022	209 k €	107 k €	281 k €	—	—

Financial health · From the 2025 balance sheet

Net profit95 k €

Total assets3.4 M €

Equity2.2 M €

Current ratio4.2

Quick ratio1.0

Debt to equity0.6

Equity ratio63.3%

Return on assets2.8%

Return on equity4.4%

Cross-section against the peer median

Compared with companies under NACE code 13.94 — 10.

Turnover

×3.6

3.9 M € 1.1 M €

Employees

×2.8

66 24

Taxes paid

×1.4

85 k € 59 k €

Payroll

×3.2

900 k € 281 k €

Logarithmic scale

÷10÷3×1×3×10

Position among peers

Turnover

above 80% of peers

Employees

above 70% of peers

This company Peer median · 10

Indicators

Turnover per employee 59 k € ×1.3 of the median

Margin 2.4%

Year on year -5%

Payroll fund estimate 900 k €

Registration number 42403013903

Registered address Rēzekne, Atbrīvošanas aleja 155B

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	3.9 M €	95 k €	3.4 M €	66
2024	4.1 M €	70 k €	3.4 M €	72
2023	3.5 M €	67 k €	3.4 M €	72
2022	3.9 M €	70 k €	2.9 M €	74
2021	3.7 M €	320 k €	3.1 M €	80
2020	3.2 M €	128 k €	2.8 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 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.