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Ritec SIA (Latvia)

Main Activities: Other Electrical Equipment and Component Manufacturing
Full name: Ritec SIA Profile Updated: May 24, 2026
Buy our report for this company USD 29.95 Most recent financial data: 2025 Available in: English & Russian Download a sample report

Ritec SIA is a company in Latvia, with a head office in Riga. It operates in the Other Electrical Equipment and Component Manufacturing industry. The company was established on April 02, 1992. 20 (2023) employees currently work for Ritec SIA. In 2025, the company reported a net sales revenue drop of 13.79%. During that time, Ritec SIA’s total assets grew by 1.1%. The net profit margin of Ritec SIA decreased by 3.34% in 2025.

Headquarters
Gustava Zemgala gatve 71A
Riga; Riga; Postal Code: 1039

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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:
April 02, 1992
Key Executives
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Member of Management Board
Ownership Details
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20%
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20%
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20%
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20%
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20%
Company Performance
Financial values in the chart are available after Ritec 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
-13.79%
Total Operating Revenue
-8%
Operating Profit
-17.74%
Net Profit/Loss for the Period
-27.92%
Total Assets
1.1%
Total Equity
5.61%
Operating Profit Margin
-0.97%
Net Profit Margin
-3.34%
Return on Equity (ROE)
-8.25%
Quick Ratio
4.81%
Cash Ratio
4.84%

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