NACE division
NACE 25 Manufacture of fabricated metal products, except machinery and equipment
1,853 companies currently classified in this industry by CSP
This division includes the manufacture of pure metal products (for example, parts, containers, structures), usually with a static, immovable function. This is in contrast to divisions 26 to 30, which cover the manufacture of combinations or assemblies of such metal products (sometimes with other materials) into more complex units that – unless they are purely electrical, electronic or optical – work with moving parts.
Industry indicators
Median, 25th and 75th percentile across companies in the industry for the selected year.
Size
| Indicator | 25th percentile | Median | 75th percentile | Total | Companies |
|---|---|---|---|---|---|
| Net turnover Reported net turnover | €12,237 | €80,633 | €422,009 | €1 005m | 1,054 |
| Net profit or loss Reported net income | -€2,141 | €1,175 | €18,281 | €45m | 1,054 |
| Total assets Reported total assets | €7,110 | €48,411 | €244,517 | €738m | 1,055 |
| Employees Reported average employees | 1 | 2 | 7 | 10,889 | 1,056 |
Profitability
| Indicator | 25th percentile | Median | 75th percentile | Total | Companies |
|---|---|---|---|---|---|
| Revenue growth (Net turnover − previous year net turnover) ÷ previous year net turnover | -19.4% | 5.5% | 37.4% | — | 875 |
| Gross profit margin Gross profit ÷ net turnover | 5.7% | 18.7% | 36.9% | — | 853 |
| Net profit margin Net profit ÷ net turnover | -6.7% | 2.7% | 11.3% | — | 914 |
| Return on assets (ROA) Net profit ÷ total assets at year end | -14.8% | 2.4% | 20.3% | — | 1,026 |
| Return on equity (ROE) Net profit ÷ equity at year end | -4.2% | 10.5% | 43.1% | — | 759 |
Liquidity
| Indicator | 25th percentile | Median | 75th percentile | Total | Companies |
|---|---|---|---|---|---|
| Current ratio Current assets ÷ current liabilities | 0.55× | 1.53× | 4.17× | — | 996 |
| Quick ratio (Current assets − inventories) ÷ current liabilities | 0.29× | 0.97× | 3.03× | — | 996 |
| Cash ratio Cash ÷ current liabilities | 0.03× | 0.3× | 1.54× | — | 996 |
Capital structure
| Indicator | 25th percentile | Median | 75th percentile | Total | Companies |
|---|---|---|---|---|---|
| Equity ratio Equity ÷ total assets | -6% | 49% | 80.9% | — | 1,026 |
| Debt-to-assets Liabilities ÷ total assets (liabilities = total equity and liabilities − equity) | 19.1% | 51% | 106% | — | 1,026 |
| Debt-to-equity Liabilities ÷ equity | 0.14× | 0.51× | 1.49× | — | 759 |
Activity and efficiency
| Indicator | 25th percentile | Median | 75th percentile | Total | Companies |
|---|---|---|---|---|---|
| Asset turnover Net turnover ÷ total assets | 0.7× | 1.69× | 3.37× | — | 1,026 |
| Receivables collection period Accounts receivable ÷ net turnover × 365 | 9 days | 26 days | 59 days | — | 914 |
| Revenue per employee Net turnover ÷ average employees | €17,273 | €40,500 | €74,439 | — | 896 |
Cash generation
| Indicator | 25th percentile | Median | 75th percentile | Total | Companies |
|---|---|---|---|---|---|
| Operating cash-flow margin Net operating cash flow ÷ net turnover | 0.3% | 6.1% | 14.7% | — | 55 |
Taxes
| Indicator | 25th percentile | Median | 75th percentile | Total | Companies |
|---|---|---|---|---|---|
| Taxes paid VID published annual total | €50 | €7,805 | €48,148 | €115m | 1,238 |
| Taxes paid per employee Taxes paid ÷ VID average employees | €3,009 | €6,975 | €11,808 | — | 891 |
Median Net turnover by year
Show data table
| 2019 | €53,720 |
|---|---|
| 2020 | €45,453 |
| 2021 | €58,951 |
| 2022 | €69,015 |
| 2023 | €73,331 |
| 2024 | €73,179 |
| 2025 | €80,633 |
Largest companies by net turnover
Active companies, by net turnover in their latest annual report.
- 1.Karcher Technology Latvia SIA€56,716,897 · 2025
- 2.SIA "Skonto Plan Ltd"€32,687,169 · 2024
- 3.Sabiedrība ar ierobežotu atbildību "EAST METAL"€29,929,397 · 2025
- 4.Sabiedrība ar ierobežotu atbildību "Aile Grupa"€27,500,835 · 2025
- 5.SIA "EMJ Metāls"€26,533,646 · 2025
- 6.SIA "VALPRO"€21,858,971 · 2025
- 7.Sabiedrība ar ierobežotu atbildību "RK Metāls"€21,126,337 · 2025
- 8.SIA "BRABANTIA LATVIA"€20,616,683 · 2025
- 9.SIA "Forta Prefab"€19,631,370 · 2022
- 10.Heidelberg Materials SBC Latvia SIA€18,826,840 · 2025
- 11.SIA "LIBRA PLAST"€16,527,802 · 2025
- 12.SIA X GROUP€16,110,835 · 2025
Classes in this division
- 25.11 Manufacture of metal structures and parts of structures · 374 companies
- 25.12 Manufacture of doors and windows of metal · 76 companies
- 25.21 Manufacture of central heating radiators, steam generators and boilers · 14 companies
- 25.22 Manufacture of other tanks, reservoirs and containers of metal · 9 companies
- 25.30 Manufacture of weapons and ammunition · 8 companies
- 25.40 Forging and shaping metal and powder metallurgy · 20 companies
- 25.51 Coating of metals · 70 companies
- 25.53 Machining of metals · 247 companies
- 25.62 Manufacture of locks and hinges · 9 companies
- 25.63 Manufacture of tools · 16 companies
- 25.91 Manufacture of steel drums and similar containers · 5 companies
- 25.92 Manufacture of light metal packaging · 5 companies
- 25.93 Manufacture of wire products, chain and springs · 11 companies
- 25.99 Manufacture of other fabricated metal products n.e.c. · 183 companies
Sources and method
Methodology, sample and formulas
- Population and report selection
- Each company contributes at most one value per year and indicator. Current CSP NACE 2.1 classification is applied to all historical years. FTM selects a non-annulled, non-removed annual DUF report by latest period end, then registration date and record ID. Monetary comparisons use EUR reports with the filed rounding unit applied.
- Median and quartiles
- P25, median (P50) and P75 use continuous percentiles with linear interpolation between ordered observations. The shaded range spans P25–P75, the middle half of company values. Companies have equal weight; figures are not revenue-weighted.
- Outliers
- No trimming, winsorisation or outlier exclusion is applied. Extreme reported values remain in the distribution. The interquartile band reduces their visual influence but does not remove them.
- Minimum sample
- At least 5 valid company values are required separately for each year, indicator and group. The displayed company count is that indicator’s sample, not every company in the industry. Smaller samples are not published.
- Periods and annualisation
- The last seven completed calendar years are published. Ratios use closing balance-sheet values, not average balances. Results are not annualised or inflation-adjusted; short or long reporting periods can affect comparisons. Receivable days use a fixed 365-day convention.
- Missing or invalid inputs
- Missing inputs and zero or negative denominators produce no ratio, not zero. Quick ratio requires reported inventories. Growth requires the preceding calendar year. Liabilities use total equity and liabilities minus equity, otherwise current plus non-current liabilities and reported provisions.
- Above, below or close
- “Close” means within 10% of the P75–P25 range around the median (an exact match if the range is zero). Above and below describe position, not good or bad performance. No company percentile rank or credit score is inferred.
- Derived annual taxes
- For completed years with all four quarters, tax amounts are summed and average employees are the four-quarter average rounded down. Published quarterly values in thousands of EUR are converted to EUR. These derived years take precedence in comparisons. Missing quarters are not extrapolated.
How these indicators are calculated
- Net turnover
- Reported net turnover
- Net profit or loss
- Reported net income
- Total assets
- Reported total assets
- Employees
- Reported average employees
- Revenue growth
- (Net turnover − previous year net turnover) ÷ previous year net turnover
- Gross profit margin
- Gross profit ÷ net turnover
- Net profit margin
- Net profit ÷ net turnover
- Return on assets (ROA)
- Net profit ÷ total assets at year end
- Return on equity (ROE)
- Net profit ÷ equity at year end
- Current ratio
- Current assets ÷ current liabilities
- Quick ratio
- (Current assets − inventories) ÷ current liabilities
- Cash ratio
- Cash ÷ current liabilities
- Equity ratio
- Equity ÷ total assets
- Debt-to-assets
- Liabilities ÷ total assets (liabilities = total equity and liabilities − equity)
- Debt-to-equity
- Liabilities ÷ equity
- Asset turnover
- Net turnover ÷ total assets
- Receivables collection period
- Accounts receivable ÷ net turnover × 365
- Revenue per employee
- Net turnover ÷ average employees
- Operating cash-flow margin
- Net operating cash flow ÷ net turnover
- Taxes paid
- VID published annual total
- Taxes paid per employee
- Taxes paid ÷ VID average employees
- Annual reports (Enterprise Register, processed by FTM) ↗
- VID published tax payments ↗
- CSP NACE classification ↗
Distributions are calculated by FTM from published annual reports and VID tax payments, grouped by each company’s current CSP NACE Rev. 2.1 class. Ratios use year-end balances. Groups with fewer than 5 companies are not shown. “Close to median” means within 10% of the interquartile range of the median.
Earlier years are grouped by the company’s current classification. VID publishes tax debts per company only, so there is no industry tax-debt statistic.
Benchmarks published 2026-10-19.