Armo Group SIA is an enterprise in Latvia, with the main office in Riga. The enterprise operates in the Other Chemical and Allied Products Merchant Wholesalers industry. The company was established on January 26, 2015. The total number of employees is currently 1 (2023). The company’s latest financial report indicates a net sales revenue increase of 13.95% in 2024. Its’ total assets recorded a negative growth of 19.38%. The enterprise’s net profit margin increased by 1.62% in 2024.

Headquarters
Bauskas iela 58 - 1
Riga; Riga; Postal Code: 1004

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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 26, 2015

Key Executives

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Member of Management Board

Ownership Details

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75.76%

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24.24%

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

13.95%▲

Total operating revenue

14.01%▲

Operating profit (EBIT)

39.72%▲

EBITDA

39.72%▲

Net Profit (Loss) for the Period

41.23%▲

Total Assets

-19.38%▼

Total Equity

87.04%▲

Operating Profit Margin (ROS)

1.53%▲

Net Profit Margin

1.62%▲

Return on Equity (ROE)

-15.09%▼

Quick Ratio

0.48%▲

Cash Ratio

0.58%▲

Armo Group SIA (Latvia)