Arete Technologies SIA is based in Latvia. The head office is in Riga. The enterprise currently operates in the All Other Miscellaneous Electrical Equipment and Component Manufacturing sector. The enterprise was incorporated on March 02, 1998. 15 (2022) employees currently work for Arete Technologies SIA. In 2024, the company reported a net sales revenue increase of 84.02%. During that time, Arete Technologies SIA’s total assets grew by 155.57%. Arete Technologies SIA’s net profit margin increased by 0.58% in 2024.

Headquarters
Ezera iela 35
Riga; Riga; Postal Code: 1034

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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:

March 02, 1998

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

84.02%▲

Total operating revenue

80.55%▲

Operating profit (EBIT)

88.24%▲

EBITDA

88.24%▲

Net Profit (Loss) for the Period

92.01%▲

Total Assets

155.57%▲

Total Equity

50.22%▲

Operating Profit Margin (ROS)

0.34%▲

Net Profit Margin

0.58%▲

Return on Equity (ROE)

10.44%▲

Quick Ratio

-0.42%▼

Cash Ratio

-0.89%▼

Arete Technologies SIA (Latvia)