Velgs SIA is a company in Latvia, with a head office in Salaspils municipality. The company operates in the General Freight Trucking, Long-Distance sector. The company was established on January 25, 2007. The total number of employees is currently 24 (2023). The company’s latest financial report indicates a net sales revenue increase of 17.47% in 2025. A negative growth of 11.97% was recorded in its total assets.

Headquarters
Salaspils pag., Ruki, Tirumu iela 4
Salaspils municipality; Salaspils municipality; Postal Code: 2118

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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 25, 2007

Key Executives

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Chairman of the Supervisory Board

Ownership Details

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70%

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30%

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

17.47%▲

Total Operating Revenue

17.56%▲

Operating Profit

252.64%▲

Net Profit/Loss for the Period

N/A

Total Assets

-11.97%▼

Total Equity

40.46%▲

Operating Profit Margin

5.03%▲

Net Profit Margin

N/A

Return on Equity (ROE)

N/A

Quick Ratio

0.01%▲

Cash Ratio

0.01%▲

Velgs SIA (Latvia)