Velo Sports SIA is based in Latvia, with the head office in Riga. It operates in the Sporting Goods Stores industry. It was incorporated on May 06, 2011. 6 (2023) employees currently work for Velo Sports SIA. In its most recent financial highlights, the company reported a net sales revenue drop of 8.36% in 2024. A growth of 53.54% was recorded in its total assets. The enterprise’s net profit margin increased by 6.96% in 2024.

Headquarters
Aleksa iela 7 - 2B
Riga; Riga; Postal Code: 1005

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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:

May 06, 2011

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

-8.36%▼

Total operating revenue

-8.36%▼

Operating profit (EBIT)

254.79%▲

EBITDA

254.79%▲

Net Profit (Loss) for the Period

240.55%▲

Total Assets

53.54%▲

Total Equity

75.62%▲

Operating Profit Margin (ROS)

6.92%▲

Net Profit Margin

6.96%▲

Return on Equity (ROE)

14.35%▲

Quick Ratio

0.74%▲

Cash Ratio

-0.29%▼

Velo Sports SIA (Latvia)