Company · 43.21 · Specialised construction activities

SIA Echoo Group

Address confidence: Confirmed

Show on the map Find website Sector: Construction

Turnover · 2025

3.5 M €

+134% vs previous year

Employees

Turnover per employee: 90 k €

Taxes paid · 2024

263 k €

Payroll fund / employees: 15 k €

Payroll fund · 2024 estimate

600 k €

Wage estimate, gross: 1,388 €

Tax breakdown · 2026 Q3

Total paid to VID 76 k €

Personal income tax 74 k €

Social contributions 148 k €

VAT paid · after deductions 0 €

VAT refunded by the state 147 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	76 k €	74 k €	148 k €	0 €	147 k €
2026 Q2	72 k €	55 k €	113 k €	0 €	97 k €
2026 Q1	61 k €	49 k €	98 k €	0 €	90 k €
2025 Q4	21 k €	31 k €	64 k €	-2390 €	72 k €
2024	263 k €	107 k €	204 k €	—	—
2023	414 k €	110 k €	221 k €	—	—
2022	250 k €	76 k €	159 k €	—	—

Financial health · From the 2025 balance sheet

Net profit654 k €

Total assets2.1 M €

Equity807 k €

Current ratio1.6

Quick ratio1.5

Debt to equity1.6

Equity ratio37.8%

Return on assets30.7%

Return on equity81.1%

Cross-section against the peer median

Compared with companies under NACE code 43.21 — 24.

Turnover

×1.1

3.5 M € 3.1 M €

Employees

×1.0

39 39

Taxes paid

÷1.3

76 k € 101 k €

Payroll

×1.0

600 k € 578 k €

Logarithmic scale

÷10÷3×1×3×10

Position among peers

Turnover

above 58% of peers

Employees

above 46% of peers

This company Peer median · 24

Indicators

Turnover per employee 90 k € ×1.1 of the median

Margin 18.7%

Year on year +134%

Payroll fund estimate 600 k €

Registration number 52103109121

Registered address Ādažu nov., Ādaži, Zīļu iela 23

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

372 k €

Contracts

Latest contract: 2026-03-31

Largest buyer

SIA "JELGAVAS PILSĒTAS SLIMNĪCA"

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	3.5 M €	654 k €	2.1 M €	39
2024	1.5 M €	-279093 €	2.1 M €	37
2023	1.5 M €	57 k €	2.0 M €	39
2022	1.6 M €	99 k €	1.4 M €	40
2021	1.0 M €	109 k €	287 k €	33
2020	71 k €	37 k €	58 k €	2

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 43 — Specialised construction activities — not this company. Trade by individual firms is not published by law; by industry it is.

Industry goods exports

20.9 M €

Industry goods imports

81.5 M €

Exported most: Base metals and articles thereof — 6.2 M €, Miscellaneous manufactured articles — 5.3 M €, Chemical products — 5.2 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.