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Explain SIA (Latvia)

Main Activities: Professional, Scientific, and Technical Services
Secondary Activities: Travel Agencies
Full name: Explain SIA Profile Updated: December 24, 2025
Buy our report for this company USD 29.95 Most recent financial data: 2024 Available in: English & Russian Download a sample report

Explain SIA is a company based in Latvia, with its head office in Marupe. It operates in the Professional, Scientific, and Technical Services industry. Explain SIA was incorporated on October 31, 2002. 7 (2023) employees currently work for Explain SIA. In its most recent financial highlights, the company reported a net sales revenue increase of 12.68% in 2024. Its’ total assets recorded a negative growth of 6.27%. Explain SIA’s net profit margin decreased by 0.05% in 2024.

Headquarters
Silnieku iela 12
Marupe; Marupes municipality; Postal Code: 2167

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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:
October 31, 2002
Key Executives
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Chairman of the Supervisory Board
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Member of Management Board
Ownership Details
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50%
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50%
Company Performance
Financial values in the chart are available after Explain SIA report is purchased.
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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
12.68%▲
Total operating revenue
12.57%▲
Operating profit (EBIT)
-16.34%▼
EBITDA
-16.34%▼
Net Profit (Loss) for the Period
-41.23%▼
Total Assets
-6.27%▼
Total Equity
1.3%▲
Operating Profit Margin (ROS)
-0.04%▼
Net Profit Margin
-0.05%▼
Return on Equity (ROE)
-0.93%▼
Quick Ratio
0.16%▲
Cash Ratio
-0.7%▼

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