Vars SIA is an enterprise based in Latvia. Its main office is in Ventspils. The enterprise operates in the Marine Cargo Handling industry. It was incorporated on December 10, 1991. 11 (estimated) employees currently work for Vars SIA. There was a net sales revenue drop of 6.1% reported in Vars SIA’s latest financial highlights for 2024. A growth of 15.8% was recorded in its total assets. Vars SIA’s net profit margin decreased by 8.81% in 2024.

Headquarters
Dzintaru iela 227
Ventspils; Ventspils municipality; Postal Code: 3602

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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:

December 10, 1991

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

-6.1%▼

Total operating revenue

-6.08%▼

Operating profit (EBIT)

-36.98%▼

EBITDA

-36.98%▼

Net Profit (Loss) for the Period

-34.17%▼

Total Assets

15.8%▲

Total Equity

16.05%▲

Operating Profit Margin (ROS)

-9.56%▼

Net Profit Margin

-8.81%▼

Return on Equity (ROE)

-10.54%▼

Quick Ratio

6.89%▲

Cash Ratio

20.62%▲

Vars SIA (Latvia)

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