Solvo Baltic SIA is based in Latvia, with the head office in Riga. The company operates in the Electronic Shopping and Mail-Order Houses industry. The enterprise was incorporated on January 19, 2016. 7 (2023) employees currently work for Solvo Baltic SIA. The company’s latest financial report indicates a net sales revenue drop of 34.37% in 2024. During that time, Solvo Baltic SIA’s total assets grew by 87.86%. The net profit margin of Solvo Baltic SIA decreased by 31.05% in 2024.

Headquarters
Salnas iela 3 - 106
Riga; Riga; Postal Code: 1021

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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:

January 19, 2016

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

-34.37%▼

Total operating revenue

-34.37%▼

Operating profit (EBIT)

-98.36%▼

EBITDA

-98.36%▼

Net Profit (Loss) for the Period

-98.36%▼

Total Assets

87.86%▲

Total Equity

5.87%▲

Operating Profit Margin (ROS)

-31.05%▼

Net Profit Margin

-31.05%▼

Return on Equity (ROE)

-353.32%▼

Quick Ratio

-18.98%▼

Cash Ratio

-18.23%▼

Solvo Baltic SIA (Latvia)