Company · 46.39 · Wholesale trade

SIA "AŽIŅA KOMERCFIRMA "MARKETS"

Address confidence: Confirmed

Show on the map Company website Sector: Trade

From the company website
Food wholesale throughout Latvia since 1992. Our own warehouse in Cēsis, our own fleet of vehicles, and around 1,300 active customers. Development and distribution of FMCG (fast-moving consumer goods) brands
Pārtikas vairumtirdzniecība visā Latvijā kopš 1992. gada. Sava noliktava Cēsīs, savs autoparks, aptuveni 1300 aktīvi klienti. FMCG (ikdienas patēriņa preču) zīmolu attīstība un izplatīšana

Turnover · 2025

7.5 M €

-6% vs previous year

Employees

Turnover per employee: 179 k €

Taxes paid · 2024

679 k €

Payroll fund / employees: 13 k €

Payroll fund · 2024 estimate

540 k €

Wage estimate, gross: 1,023 €

Tax breakdown · 2026 Q3

Total paid to VID 168 k €

Personal income tax 16 k €

Social contributions 50 k €

VAT paid · after deductions 93 k €

VAT refunded by the state 0 €

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	168 k €	16 k €	50 k €	93 k €	0 €
2026 Q2	177 k €	18 k €	55 k €	91 k €	0 €
2026 Q1	176 k €	16 k €	51 k €	101 k €	0 €
2025 Q4	190 k €	24 k €	50 k €	106 k €	0 €
2024	679 k €	71 k €	184 k €	—	—
2023	724 k €	64 k €	168 k €	—	—
2022	526 k €	40 k €	129 k €	—	—

Financial health · From the 2025 balance sheet

Net profit44 k €

Total assets1.3 M €

Equity668 k €

Current ratio2.3

Quick ratio1.0

Debt to equity0.9

Equity ratio51.6%

Return on assets3.4%

Return on equity6.6%

Cross-section against the peer median

Compared with companies under NACE code 46.39 — 24.

Turnover

×1.8

7.5 M € 4.2 M €

Employees

×3.7

42 12

Taxes paid

×2.8

168 k € 61 k €

Payroll

×2.9

540 k € 187 k €

Logarithmic scale

÷10÷3×1×3×10

Position among peers

Turnover

above 67% of peers

Employees

above 83% of peers

This company Peer median · 24

Indicators

Turnover per employee 179 k € ×0.5 of the median

Margin 0.6%

Year on year -6%

Payroll fund estimate 540 k €

Registration number 49502001606

Registered address Cēsu nov., Cēsis, Rūpniecības iela 8A

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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Public contracts

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

All time

43 k €

Contracts

Latest contract: 2025-11-12

Largest buyer

Smiltenes 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	7.5 M €	44 k €	1.3 M €	42
2024	8.0 M €	40 k €	1.3 M €	45
2023	8.3 M €	254 k €	1.2 M €	44
2022	8.1 M €	81 k €	1.1 M €	45
2021	7.0 M €	30 k €	1.1 M €	45
2020	6.6 M €	35 k €	1.1 M €	42

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 46 — Wholesale trade — not this company. Trade by individual firms is not published by law; by industry it is.

Industry goods exports

7.9 bn €

Industry goods imports

11.1 bn €

Goods exports to turnover estimate

37%

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: Machinery and electrical equipment — 1.5 bn €, Vegetable products — 852.9 M €, Chemical products — 846.2 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.