Innovative Travel Solutions SIA is based in Latvia, with the head office in Riga. The company operates in the Professional Organizations sector. The company was established on August 30, 2019. Innovative Travel Solutions SIA currently employs 311 (2023) people. From the latest financial highlights, Innovative Travel Solutions SIA reported a net sales revenue drop of 0.49% in 2025. Over the same period, its total assets grew by 15.11%. The enterprise’s net profit margin increased by 0.58% in 2025.

Headquarters
Jeruzalemes iela 1
Riga; Riga; Postal Code: 1010

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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:

August 30, 2019

Key Executives

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Member of Management Board

Ownership Details

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100%

Company Performance

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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

-0.49%▼

Total Operating Revenue

-0.49%▼

Operating Profit

7.96%▲

Net Profit/Loss for the Period

8.15%▲

Total Assets

15.11%▲

Total Equity

40.59%▲

Operating Profit Margin

0.58%▲

Net Profit Margin

0.58%▲

Return on Equity (ROE)

-8.66%▼

Quick Ratio

0.34%▲

Innovative Travel Solutions SIA (Latvia)