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Elset SIA (Latvia)

Main Activities: Electrical Contractors and Other Wiring Installation Contractors
Secondary Activities: Utility System Construction
Full name: Elset SIA Profile Updated: December 24, 2025
Buy our report for this company USD 29.95 Most recent financial data: 2024 Available in: English & Russian Download a sample report

Elset SIA is based in Latvia, with the head office in Riga. It operates in the Electrical Contractors and Other Wiring Installation Contractors industry. It was established on February 26, 2010. 57 (2023) employees currently work for Elset SIA. In its most recent financial highlights, the company reported a net sales revenue increase of 17.07% in 2024. During that time, Elset SIA’s total assets decreased by 2.44%. Elset SIA’s net profit margin decreased by 4.69% in 2024.

Headquarters
Bukaisu iela 3
Riga; Riga; Postal Code: 1004

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Basic Information
Total Employees:
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Registered Capital:
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Financial Auditors:
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Incorporation Date:
February 26, 2010
Key Executives
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Member of Management Board
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Member of Management Board
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Member of Management Board
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Member of Management Board
Ownership Details
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35.02%
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35.02%
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14.98%
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14.98%
Company Performance
Financial values in the chart are available after Elset SIA report is purchased.
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Key Financial Highlights
Annual growth percentages for latest two years in local currency EUR. Absolute financial data is included in the purchased report.
Net sales revenue
17.07%▲
Total operating revenue
17.3%▲
Operating profit (EBIT)
-21.35%▼
EBITDA
-21.35%▼
Net Profit (Loss) for the Period
-20.93%▼
Total Assets
-2.44%▼
Total Equity
11.23%▲
Operating Profit Margin (ROS)
-5.45%▼
Net Profit Margin
-4.69%▼
Return on Equity (ROE)
-16.13%▼
Quick Ratio
0.82%▲
Cash Ratio
0.51%▲

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