Novest SIA is an enterprise based in Latvia. Its main office is in Salacgriva. It operates in the Petroleum and Petroleum Products Merchant Wholesalers (except Bulk Stations and Terminals) sector. The company was established on May 23, 2003. 11 (2023) employees currently work for Novest SIA. From the latest financial highlights, Novest SIA reported a net sales revenue drop of 57.07% in 2024. During that time, Novest SIA’s total assets decreased by 18.83%. Novest SIA’s net profit margin decreased by 2.56% in 2024.

Headquarters
Rigas iela 6 - 3
Salacgriva; Salacgriva municipality; Postal Code: 4033

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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:

May 23, 2003

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

-57.07%▼

Total Operating Revenue

-60.5%▼

Operating Profit

-68.95%▼

EBITDA

-68.95%▼

Net Profit/Loss for the Period

-68.73%▼

Total Assets

-18.83%▼

Total Equity

-16.7%▼

Operating Profit Margin

-2.66%▼

Net Profit Margin

-2.56%▼

Return on Equity (ROE)

-9.57%▼

Quick Ratio

0.54%▲

Cash Ratio

Novest SIA (Latvia)