Vels SIA is a company based in Latvia, with its head office in Ludza. The company operates in the Petroleum and Petroleum Products Merchant Wholesalers (except Bulk Stations and Terminals) industry. It was first established on June 07, 1993. Vels SIA currently employs 14 (2023) people. There was a net sales revenue drop of 36.77% reported in Vels SIA’s latest financial highlights for 2024. During that time, Vels SIA’s total assets decreased by 26.24%.

Headquarters
Kraslavas iela 2
Ludza; Ludzas municipality; Postal Code: 5701

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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:

June 07, 1993

Key Executives

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Member of Management Board

Ownership Details

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66.72%

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33.28%

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

-36.77%▼

Total Operating Revenue

-37.6%▼

Operating Profit

N/A

EBITDA

N/A

Net Profit/Loss for the Period

N/A

Total Assets

-26.24%▼

Total Equity

-57.71%▼

Operating Profit Margin

N/A

Net Profit Margin

N/A

Return on Equity (ROE)

N/A

Quick Ratio

-0.79%▼

Cash Ratio

-0.8%▼

Vels SIA (Latvia)