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Company · 62.10 · Computer programming and IT consultancy

SIA SPH Engineering

From the company website
SPH Engineering is an expert in the development of unmanned aerial vehicle technology, providing AVGK software solutions, integration services and bespoke solution development to enhance the efficiency of drone applications…
SPH Engineering ir eksperts bezpilota lidaparātu tehnoloģiju izstrādē, nodrošinot AVGK programmatūras risinājumus, integrācijas pakalpojumus un pielāgotas risinājumu izstrādi, lai veicinātu dronu pielietošanas efektivitā…

Turnover · 2024

8.4 M €

+19% vs previous year

Employees

49

Turnover per employee: 172 k €

Taxes paid · 2024

874 k €

Payroll fund / employees: 45 k €

Payroll fund · 2024 estimate

2.2 M €

Wage estimate, gross: 3,661 €

Tax breakdown · 2026 Q3

Total paid to VID 120 k €
Personal income tax 75 k €
Social contributions 137 k €
VAT paid · after deductions 20 €
VAT refunded by the state 91 k €

Quarterly history

QuarterTotal paid to VIDPersonal income taxSocial contributionsVAT paid · after deductionsVAT refunded by the state
2026 Q3120 k €75 k €137 k €20 €91 k €
2026 Q2144 k €77 k €141 k €0 €74 k €
2026 Q1200 k €104 k €183 k €10 €87 k €
2025 Q4156 k €82 k €150 k €0 €75 k €
2024874 k €425 k €749 k €——
2023862 k €380 k €667 k €——
2022657 k €253 k €446 k €——

Financial health · From the 2024 balance sheet

Net profit-385398 €
Total assets2.4 M €
Equity-687957 €
Current ratio0.6
Quick ratio0.5
Equity ratio-28.8%
Return on assets-16.1%

Cross-section against the peer median

Compared with companies under NACE code 62.10 — 24.

Turnover
÷1.0
8.4 M € 8.9 M €
Employees
÷1.5
49 72
Taxes paid
÷5.5
120 k € 658 k €
Payroll
÷1.3
2.2 M € 3.0 M €
Logarithmic scale
÷10÷3×1×3×10

Position among peers

Turnover
above 38% of peers
Employees
above 29% of peers
This company Peer median · 24

Indicators

Turnover per employee 172 k € ×1.4 of the median
Margin -4.6%
Year on year +19%
Payroll fund estimate 2.2 M €
Registration number 50103629321
Registered address Rīga, Dzirnavu iela 62 - 9

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

Filed annual reports

YearTurnoverNet profitAssetsEmployees
20248.4 M € -385398 € 2.4 M € 49
20237.1 M € -1058158 € 1.9 M € 46
20227.2 M € 229 k € 2.7 M € 32
20213.9 M € -117049 € 1.8 M € 23
20202.5 M € 91 k € 1.5 M € 23
20194.1 M € -310554 € 1.2 M € 21

Foreign trade of the industry · 2025

Industry goods exports

23.2 M €

Industry goods imports

22.0 M €