Instabalt Latvia SIA is an enterprise in Latvia, with the main office in Riga. It operates in the Household Appliances, Electric Housewares, and Consumer Electronics Merchant Wholesalers industry. The company was established on May 17, 1993. The total number of employees is currently 14 (2023). The company’s latest financial report indicates a net sales revenue increase of 12.26% in 2024. During that time, Instabalt Latvia SIA’s total assets grew by 17.64%. Instabalt Latvia SIA’s net profit margin decreased by 3.5% in 2024.

Headquarters
Vestienas iela 14
Riga; Riga; Postal Code: 1035

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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 17, 1993

Key Executives

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Chairman of the Supervisory 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

12.26%▲

Total Operating Revenue

12.4%▲

Operating Profit

-12.47%▼

EBITDA

-12.47%▼

Net Profit/Loss for the Period

-33.57%▼

Total Assets

17.64%▲

Total Equity

-10.14%▼

Operating Profit Margin

-2.03%▼

Net Profit Margin

-3.5%▼

Return on Equity (ROE)

-4.9%▼

Quick Ratio

-0.57%▼

Cash Ratio

Instabalt Latvia SIA (Latvia)