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Prime-Mover SIA (Latvia)

Main Activities: Timber Tract Operations
Full name: Prime-Mover 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

Prime-Mover SIA is a company based in Latvia, with its head office in Balvi. The company operates in the Timber Tract Operations industry. It was first established on October 22, 2007. 13 (2023) employees currently work for Prime-Mover SIA. From the latest financial highlights, Prime-Mover SIA reported a net sales revenue drop of 32.27% in 2024. Its’ total assets recorded a growth of 7.16%. Prime-Mover SIA’s net profit margin increased by 9.39% in 2024.

Headquarters
Liepu iela 18
Balvi; Balvi municipality; Postal Code: 4501

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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:
October 22, 2007
Key Executives
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Chairman of the Supervisory 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
-32.27%
Total operating revenue
-23.02%
Operating profit (EBIT)
2.2%
EBITDA
2.2%
Net Profit (Loss) for the Period
3.38%
Total Assets
7.16%
Total Equity
34.57%
Operating Profit Margin (ROS)
10.51%
Net Profit Margin
9.39%
Return on Equity (ROE)
-11.53%
Quick Ratio
1.47%
Cash Ratio
0.71%

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