Ra Development SIA is based in Latvia, with the head office in Riga. The enterprise currently operates in the Custom Computer Programming Services sector. Ra Development SIA was incorporated on March 31, 2021. The total number of employees is currently 1 (2023). The company’s latest financial report indicates a net sales revenue drop of 55.97% in 2024. Its total assets decreased by 88.7% over the same period. In 2024, Ra Development SIA’s net profit margin decreased by 5.22%.

Headquarters
Citadeles iela 1A
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:

March 31, 2021

Key Executives

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Liquidator

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

-55.97%▼

Total operating revenue

-55.97%▼

Operating profit (EBIT)

29.22%▲

EBITDA

29.22%▲

Net Profit (Loss) for the Period

38.37%▲

Total Assets

-88.7%▼

Total Equity

N/A

Operating Profit Margin (ROS)

-6.9%▼

Net Profit Margin

-5.22%▼

Return on Equity (ROE)

N/A

Quick Ratio

-1.01%▼

Cash Ratio

-0.17%▼

Ra Development SIA (Latvia)