Bitus Latvia SIA - details, contacts

Registry data

Legal status

Registered

Company ID

VAT code

Incorporation date

28/07/1993

Paid share capital

48,151.00 EUR

Registered share capital

Activity

Wood processing and finishing (16.12 - NACE 2.1)

Contacts

Company registration address

See on map

Website

Latest events

from (18/11/2021)

2026-05-06

Change in beneficial owners

2026-05-06

Change in members

2026-05-06

Change in officers

2026-04-22

Change in beneficial owners

See all events

Suspensions

No suspension

Reliability

A - Highest

B - High

C - Average

D - Low

E - Lowest

Number of employees

431

Debts

0.00 €

0 €

* during past year

Lawsuits as defendant

Credit limit

***** €

Turnover

50-100 M €

-4.87 %

Business linkages

Linkages with other companies

Related persons

Head of Board

(0)

Beneficiaries: 1

Board

(8)

Historical board members: 24

Shareholder

(1)

Historical shareholders: 7

Beneficiary

(1)

Beneficiaries: 3

Business linkages

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Compliance screening

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Order report

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Financial ratios

Net Profit (€)

2,482,195

EBITDA margin (%)

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EBIT margin (%)

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Net Profit (€)

2,482,195

EBITDA margin (%)

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EBIT margin (%)

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Financial statement report

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Indicator
Turnover (€)
Sales per employee (€) Sales per employee is a popular efficiency indicator that is often used to measure a company's performance. The average annual number of employees is usually used to calculate the indicator.
Profit before tax (€)
Net Profit (€)
Profit per employee (€) This ratio is on of company's growth indicators. It shows how much profit per employee is earned by the company.
Total profitability (%) It is an indicator of company's performance efficiency, calculated as ratio of gross profit to sales revenue.
Net profitability (%) This ratio is commonly referred to as a company’s “bottom line” and is a true indicator of a company’s profitability. It shows how much a net profit of € 1 (or other monetary unit) is generated by sales.
Equity (€)
Amounts Payable And Liabilities (€)
Non-current Assets (€)
Current Assets (€)
Working capital requirement (%) The working capital requirement indicator shows how much funds a company needs to develop and maintain a business.
Debt-to-equity ratio The debt-to-equity ratio is used to evaluate a company's financial leverage and is calculated by dividing a company’s total liabilities by its shareholder equity. This ratio is a measure of the degree to which a company is financing its operations through debt versus wholly owned funds. More specifically, it reflects the ability of shareholder equity to cover all outstanding debts in the event of a business downturn.
EBITDA margin (%) EBITDA stands for Earnings Before Interest, Taxes, Depreciation, and Amortization and is a metric used to evaluate a company’s operating performance. It can be seen as a proxy for cash flow from the entire company’s operations.
EBITDA (€) EBITDA stands for Earnings Before Interest, Taxes, Depreciation, and Amortization. Lenders use EBITDA to calculate a company’s ability to repay a loan and pay interest.
EBIT margin (%) EBIT margin shows the profitability of a company over a certain period of time.
EBIT (€) EBIT (earnings before interest and taxes) is a company's net income before income tax expense and interest expenses are deducted. EBIT is used to analyze the performance of a company's core operations without the costs of the capital structure and tax expenses impacting profit.

2022
95,057,430
183,509
-752,661
-752,661
-1,453
3.97
-0.79
30,006,133
28,908,238
19,922,550
39,262,703

2023
72,658,104
159,688
-1,905,726
-1,905,726
-4,188
3.56
-2.62
28,100,407
25,980,101
20,411,347
33,894,675

2024
69,119,360
160,370
2,482,195
2,482,195
5,759
9.78
3.59
30,582,602
25,084,560
20,606,361
35,304,936

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2024
69,119,360
160,370
2,482,195
2,482,195
5,759
9.78
3.59
30,582,602
25,084,560
20,606,361
35,304,936

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Turnover (€)

2024

Turnover (€)

69,119,360 €-5 % *

Sales per employee (€)

160,370 €0 % *

Profit before tax (€)

2,482,195 €230 % *

Net Profit (€)

2,482,195 €230 % *

Profit per employee (€)

5,759 €238 % *

Total profitability (%)

9.78 %174.72 % *

Net profitability (%)

3.59 %237.02 % *

Equity (€)

30,582,602 €9 % *

Amounts Payable And Liabilities (€)

25,084,560 €-3 % *

Non-current Assets (€)

20,606,361 €1 % *

Current Assets (€)

35,304,936 €4 % *

*over the last year starting selected period

Credit history

No. of unpaid debts

Largest debt

VID

Amount of unpaid debts

€0.00

Oldest open debt

No. of unpaid debts

Largest debt

VID

Amount of unpaid debts

€0.00

Oldest open debt

Credit report

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Company has debt ?

Unpaid debts

Creditor/Data source	Debt amount	Debt date	Debt type
-	-	-	-

Debts payment history

Creditor/Data source	Debt amount	Debt date	Payment date	Debt type
-	-	-	-	-

Tax debts

Legal proceedings

Defendant

(0)

No information (company as defendant)Within last 2 years

Plaintiff

(1)

Number of casesWithin last 2 years

Cases (Company as defendant)

Case No./date	Process parties	Case/Court ruling	Court	No. of court hearings	More
-	-	-	-	-	-

Cases (Company as plaintiff)

Case No./date	Process parties	Case/Court ruling	Court	No. of court hearings	More
28/05/2026C771475025C-05304-26	Claimant:Bitus Latvia SIA Respondent:Sabiedrība ar ierobežotu atbildību "KSK Holding"	Reason: parāda un likumisko procentu piedziņa Decision: Open	Rīgas pilsētas tiesa	1

Public data

Data source	Information	Additional data
	Total amount of taxes administered by the SRS and paid by taxpayers within the tax year 2022	Total amount: 46,070
	Total amount of taxes administered by the SRS and paid by taxpayers within the tax year 2021	Total amount: 2,766,770
	Total amount of taxes administered by the SRS and paid by taxpayers within the tax year 2020	Total amount: 1,386,380
	Total amount of taxes administered by the SRS and paid by taxpayers within the tax year 2019	Total amount: 2,850,820
	Total amount of taxes administered by the SRS and paid by taxpayers within the tax year 2018	Total amount: 2,593,330

Similar companies

Company's name	Activity	Legal status	Incorporation date	Turnover	No. of employees
-	-	-	-	-	-

No similar companies data found

Frequently Asked Questions

What is the current status of Bitus Latvia SIA?

Bitus Latvia SIA is currently Registered. It was registered on 28/07/1993.

What is Bitus Latvia SIA registered address?

Bitus Latvia SIA registered address is Lāčplēša iela 75 – 5/6, Rīga, LV-1011.

What is Bitus Latvia SIA activity?

Bitus Latvia SIA operates in Wood processing and finishing (16.12 - NACE 2.1).

How many employees does Bitus Latvia SIA have?

Bitus Latvia SIA has 431 employees (2024).

Is Bitus Latvia SIA a reliable company?

Bitus Latvia SIA Pre-Score* rating is B, which indicates a high level of reliability.

* The credit score is calculated based on financial data, payment history, and other risk indicators.

What is the annual turnover of Bitus Latvia SIA?

Bitus Latvia SIA reported a turnover of 69,119,360 EUR in 2024.

Does Bitus Latvia SIA have any current state debt?

Bitus Latvia SIA currently has no outstanding state debt.