Rags SIA is based in Latvia, with the head office in Riga. It operates in the Other Miscellaneous Nondurable Goods Merchant Wholesalers industry. The enterprise was incorporated on June 15, 1993. 50 (2023) employees currently work for Rags SIA. There was a net sales revenue increase of 4.24% reported in Rags SIA’s latest financial highlights for 2024. Its total assets grew by 24.69% over the same period. The enterprise’s net profit margin decreased by 5.47% in 2024.

Headquarters
Durbes iela 8
Riga; Riga; Postal Code: 1007

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Website: http://www.rags.lv

Basic Information

Total Employees:

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Registered Capital:

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Financial Auditors:

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Incorporation Date:

June 15, 1993

Key Executives

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Chairman of the Supervisory Board

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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

4.24%▲

Total operating revenue

3.29%▲

Operating profit (EBIT)

-31.07%▼

EBITDA

-31.07%▼

Net Profit (Loss) for the Period

-27.91%▼

Total Assets

24.69%▲

Total Equity

19.96%▲

Operating Profit Margin (ROS)

-6.32%▼

Net Profit Margin

-5.47%▼

Return on Equity (ROE)

-11.41%▼

Quick Ratio

-2.34%▼

Cash Ratio

-0.04%▼

Rags SIA (Latvia)

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