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Formatechnologies SIA (Latvia)

Main Activities: Logging
Full name: Formatechnologies 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

Formatechnologies SIA is based in Latvia, with the head office in Riga. It operates in the Logging industry. The enterprise was incorporated on April 23, 2009. Formatechnologies SIA currently employs 4 (2023) people. The latest financial highlights indicate a net sales revenue drop of 17.94% in 2024. There was a total negative growth of 0.19% in Formatechnologies SIA’s total assets over the same period. The net profit margin of Formatechnologies SIA decreased by 99.38% in 2024.

Headquarters
Bullu iela 45
Riga; Riga; Postal Code: 1067

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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:
April 23, 2009
Key Executives
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Member of Management Board
Ownership Details
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100%
Subsidiaries
United Panel Group Europe SIA
100%
Company Performance
Financial values in the chart are available after Formatechnologies 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
-17.94%
Total operating revenue
-18.42%
Operating profit (EBIT)
-125.31%
EBITDA
-125.31%
Net Profit (Loss) for the Period
-130.19%
Total Assets
-0.19%
Total Equity
-47.54%
Operating Profit Margin (ROS)
-96.1%
Net Profit Margin
-99.38%
Return on Equity (ROE)
-69.97%
Quick Ratio
-0.06%
Cash Ratio
-0.04%

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