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Rags SIA (Latvia)

Main Activities: Other Miscellaneous Nondurable Goods Merchant Wholesalers
Full name: Rags SIA Profile Updated: July 24, 2026
Buy our report for this company USD 29.95 Most recent financial data: 2025 Available in: English & Russian Download a sample report

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 10.2% reported in Rags SIA’s latest financial highlights for 2025. Its total assets grew by 41.35% over the same period. The enterprise’s net profit margin increased by 3.32% in 2025.

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
Financial values in the chart are available after Rags 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
10.2%
Total Operating Revenue
12.44%
Operating Profit
38.6%
Net Profit/Loss for the Period
40.03%
Total Assets
41.35%
Total Equity
24.06%
Operating Profit Margin
3.18%
Net Profit Margin
3.32%
Return on Equity (ROE)
2.21%
Quick Ratio
-1.17%
Cash Ratio
-0.69%

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