Forvats SIA is an enterprise located in Latvia, with the main office in Riga. It operates in the Ship Building and Repairing industry. It was established on June 12, 1997. Forvats SIA currently employs 12 (2023) people. The company’s latest financial report indicates a net sales revenue increase of 32.68% in 2025. A growth of 260.61% was recorded in its total assets. Forvats SIA’s net profit margin increased by 16.49% in 2025.

Headquarters
Jaunciema gatve 320
Riga; Riga; Postal Code: 1015

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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 12, 1997

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

32.68%▲

Total Operating Revenue

32.68%▲

Operating Profit

204.63%▲

Net Profit/Loss for the Period

218.06%▲

Total Assets

260.61%▲

Total Equity

N/A

Operating Profit Margin

16.31%▲

Net Profit Margin

16.49%▲

Return on Equity (ROE)

N/A

Quick Ratio

0.19%▲

Forvats SIA (Latvia)

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