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Fortes SIA (Latvia)

Main Activities: Other Engine Equipment Manufacturing
Full name: Fortes 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

Fortes SIA is based in Latvia. The head office is in Riga. The company operates in the Other Engine Equipment Manufacturing sector. The enterprise was incorporated on May 14, 2020. There are currently 8 (2023) people employed by Fortes SIA. The latest financial highlights indicate a net sales revenue increase of 36.24% in 2024. During that time, Fortes SIA’s total assets grew by 113.2%. The net profit margin of Fortes SIA decreased by 7.63% in 2024.

Headquarters
Dzirnavu iela 41 - 3
Riga; Riga; Postal Code: 1010

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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 14, 2020
Key Executives
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Member of Management Board
Ownership Details
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25.07%
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25%
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19.93%
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19.93%
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10.07%
Company Performance
Financial values in the chart are available after Fortes 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
36.24%▲
Total operating revenue
34.6%▲
Operating profit (EBIT)
-35.92%▼
EBITDA
-35.92%▼
Net Profit (Loss) for the Period
-65.03%▼
Total Assets
113.2%▲
Total Equity
9.51%▲
Operating Profit Margin (ROS)
-7.87%▼
Net Profit Margin
-7.63%▼
Return on Equity (ROE)
-18.5%▼
Quick Ratio
-1.14%▼
Cash Ratio
0.06%▲

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