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Company · 62.10 · Computer programming and IT consultancy

SIA CODEX

From the company website
Codex P3 Full Potential Software Engineering is a unique approach that helps companies in the Baltics achieve full efficiency and growth. We offer innovative IT solutions, the development and maintenance of information systems, and D…
Codex P3 Pilna Potenciāla Programminženierija ir unikāla pieeja, kas palīdz uzņēmumiem Baltijā sasniegt pilnu efektivitāti un izaugsmi. Piedāvājam inovatīvus IT risinājumus, informācijas sistēmu izveidi, uzturēšanu, un D…

Turnover · 2025

8.5 M €

+26% vs previous year

Employees

73

Turnover per employee: 116 k €

Taxes paid · 2024

2.3 M €

Payroll fund / employees: 34 k €

Payroll fund · 2024 estimate

2.4 M €

Wage estimate, gross: 3,090 €

Tax breakdown · 2026 Q3

Total paid to VID 663 k €
Personal income tax 132 k €
Social contributions 251 k €
VAT paid · after deductions 80 k €
VAT refunded by the state 0 €

Quarterly history

QuarterTotal paid to VIDPersonal income taxSocial contributionsVAT paid · after deductionsVAT refunded by the state
2026 Q3663 k €132 k €251 k €80 k €0 €
2026 Q2933 k €123 k €240 k €570 k €0 €
2026 Q11.2 M €222 k €384 k €522 k €0 €
2025 Q4529 k €110 k €213 k €205 k €0 €
20242.3 M €461 k €834 k €——
20231.9 M €413 k €752 k €——
20222.0 M €355 k €651 k €——

Financial health · From the 2025 balance sheet

Net profit2.5 M €
Total assets9.5 M €
Equity6.5 M €
Current ratio1.8
Quick ratio1.8
Debt to equity0.5
Equity ratio68.1%
Return on assets26.5%
Return on equity38.9%

Cross-section against the peer median

Compared with companies under NACE code 62.10 — 24.

Turnover
÷1.0
8.5 M € 8.9 M €
Employees
×1.0
73 71
Taxes paid
×1.1
663 k € 629 k €
Payroll
÷1.2
2.4 M € 3.0 M €
Logarithmic scale
÷10÷3×1×3×10

Position among peers

Turnover
above 42% of peers
Employees
above 54% of peers
This company Peer median · 24

Indicators

Turnover per employee 116 k € ×0.9 of the median
Margin 29.8%
Year on year +26%
Payroll fund estimate 2.4 M €
Registration number 50203160401
Registered address Mārupes nov., Mārupe, Malduguņu iela 2

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

Public contracts

All time

5.0 M €

won jointly: 21

Contracts

43

Latest contract: 2026-09-11

Largest buyer

Valsts digitālās attīstības aģentūra

Latest contracts

    Filed annual reports

    YearTurnoverNet profitAssetsEmployees
    20258.5 M € 2.5 M € 9.5 M € 73
    20246.7 M € 1.5 M € 6.4 M € 67
    20236.2 M € 1.3 M € 5.9 M € 64
    20224.5 M € 913 k € 3.8 M € 64
    20213.6 M € 923 k € 3.6 M € 52
    20202.8 M € 648 k € 2.2 M € 48

    Foreign trade of the industry · 2025

    Industry goods exports

    23.2 M €

    Industry goods imports

    22.0 M €