Company · 22.21 · Manufacture of rubber and plastic products

SIA Evopipes

Address confidence: Confirmed

Show on the map Company website Sector: Manufacturing

From the company website
Evopipes develops innovative, efficiency-enhancing products with outstanding performance characteristics, enabling customers to save time and money in the long term. Our team of professionals will find the most suitable pipework solutions…
Evopipes izstrādā inovatīvus, efektivitāti paaugstinošus produktus ar izcilām ekspluatācijas īpašībām, kas klientiem ļauj ilgtermiņā ietaupīt laiku un naudu. Mūsu profesionāļu komanda atradīs piemērotākos cauruļvadu risi…

Turnover · 2025

55.1 M €

+18% vs previous year

Employees

149

Turnover per employee: 370 k €

Taxes paid · 2024

1.8 M €

Payroll fund / employees: 20 k €

Payroll fund · 2024 estimate

3.0 M €

Wage estimate, gross: 1,923 €

Tax breakdown · 2026 Q3

Total paid to VID 1.3 M €

Personal income tax 191 k €

Social contributions 405 k €

VAT paid · after deductions 957 k €

VAT refunded by the state 432 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	1.3 M €	191 k €	405 k €	957 k €	432 k €
2026 Q2	1.3 M €	180 k €	389 k €	731 k €	96 k €
2026 Q1	536 k €	158 k €	353 k €	486 k €	619 k €
2025 Q4	1.3 M €	158 k €	349 k €	714 k €	3 k €
2024	1.8 M €	538 k €	1.0 M €	—	—
2023	2.2 M €	580 k €	1.1 M €	—	—
2022	2.3 M €	598 k €	1.1 M €	—	—

Financial health · From the 2025 balance sheet

Net profit6.6 M €

Total assets53.4 M €

Equity47.5 M €

Current ratio4.1

Quick ratio2.1

Debt to equity0.1

Equity ratio88.9%

Return on assets12.3%

Return on equity13.9%

Cross-section against the peer median

Compared with companies under NACE code 22.21 — 13.

Turnover

×79

55.1 M € 698 k €

Employees

×8.3

149 18

Taxes paid

×82

1.3 M € 16 k €

Payroll

×22

3.0 M € 139 k €

Logarithmic scale

÷10÷3×1×3×10

Position among peers

Turnover

above 100% of peers

Employees

above 92% of peers

This company Peer median · 13

Indicators

Turnover per employee 370 k € ×9.5 of the median

Margin 11.9%

Year on year +18%

Payroll fund estimate 3.0 M €

Registration number 50003728871

Registered address Jelgava, Langervaldes iela 2A

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

58 k €

Contracts

Latest contract: 2026-06-02

Largest buyer

SIA “Getliņi EKO”

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	55.1 M €	6.6 M €	53.4 M €	149
2024	46.9 M €	6.0 M €	48.1 M €	135
2023	44.4 M €	7.6 M €	41.7 M €	129
2022	45.8 M €	4.3 M €	32.4 M €	142
2021	43.1 M €	4.9 M €	31.6 M €	144
2020	32.3 M €	3.4 M €	25.5 M €	130

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 22 — Manufacture of rubber and plastic products — not this company. Trade by individual firms is not published by law; by industry it is.

Industry goods exports

260.5 M €

Industry goods imports

191.0 M €

Goods exports to turnover estimate

60%

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: Plastics and rubber — 232.5 M €, Miscellaneous manufactured articles — 6.6 M €, Wood and articles of wood — 6.0 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.