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Vel Vairak Saules SIA (Latvia)

Main Activities: Direct Selling Establishments
Full name: Vel Vairak Saules 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

Vel Vairak Saules SIA is an enterprise located in Latvia, with the main office in Riga. The enterprise operates in the Direct Selling Establishments industry. Vel Vairak Saules SIA was incorporated on December 20, 2002. There are currently 137 (2023) people employed by Vel Vairak Saules SIA. In its most recent financial highlights, the company reported a net sales revenue drop of 0.54% in 2024. During that time, Vel Vairak Saules SIA’s total assets decreased by 0.56%. Vel Vairak Saules SIA’s net profit margin decreased by 2.13% in 2024.

Headquarters
Dzirnavu iela 60 - 1
Riga; Riga; Postal Code: 1050

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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 20, 2002
Key Executives
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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 Vel Vairak Saules 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
-0.54%
Total operating revenue
-1.2%
Operating profit (EBIT)
-66.35%
EBITDA
-66.35%
Net Profit (Loss) for the Period
-72.23%
Total Assets
-0.56%
Total Equity
13.63%
Operating Profit Margin (ROS)
-1.91%
Net Profit Margin
-2.13%
Return on Equity (ROE)
33.29%
Quick Ratio
-0.05%
Cash Ratio
-0.02%

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