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Gaso AS (Latvia)

Main Activities: Natural Gas Distribution
Full name: Gaso AS Profile Updated: February 25, 2026
Buy our report for this company USD 29.95 Most recent financial data: 2024 Available in: English & Russian Download a sample report

Gaso JSC is the natural gas distribution system operator in Latvia, responsible for delivering natural gas from the transmission network to end users through the national distribution infrastructure. The company provides distribution and network-related services including new and existing connections, technical and construction-related coordination, metering services (including meter reading submission and smart meter information), supply interruption/restoration requests, capacity changes, and system-service processes that support market participants. Gaso operates a nationwide footprint with customer service and regional units, maintains extensive gas distribution pipelines and associated infrastructure, and supports operational safety through an emergency service (114) and network maintenance. Key service assets include the Mans GASO customer portal and electronic application channels used for service requests, documentation, and customer interactions, as well as a training center offering courses and seminars for industry participants and stakeholders.

Headquarters
Vagonu iela 20
Riga; Riga; Postal Code: 1009

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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:
December 01, 2017
Key Executives
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Chairman of the Supervisory Board
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Member of Management Board
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Member of Management Board
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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
19.56%
Total operating revenue
18.71%
Operating Profit/Loss (EBIT)
123.64%
EBITDA
58.01%
Net Profit/Loss for the Period
80.28%
Total Assets
8.69%
Total Equity
-1.52%
Operating Profit Margin (ROS)
15.33%
Net Profit Margin
6.5%
Return on Equity (ROE)
2.91%
Quick Ratio
1.62%
Cash Ratio
1.51%

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