Varvest SIA is an enterprise based in Latvia. Its main office is in Valmieras municipality. The company operates in the Pipeline Transportation of Crude Oil sector. The enterprise was incorporated on July 11, 2006. It currently has a total number of 4 (2023) employees. From the latest financial highlights, Varvest SIA reported a net sales revenue drop of 11.95% in 2024. Its’ total assets recorded a negative growth of 85.6%. Varvest SIA’s net profit margin decreased by 11.32% in 2024.

Headquarters
Valmieras pag., Rupnieki, Lielkisi
Valmieras municipality; Valmiera municipality; Postal Code: 4219

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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:

July 11, 2006

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

-11.95%▼

Total operating revenue

-5.18%▼

Operating profit (EBIT)

-90.95%▼

EBITDA

-90.95%▼

Net Profit (Loss) for the Period

-90.95%▼

Total Assets

-85.6%▼

Total Equity

-259.2%▼

Operating Profit Margin (ROS)

-11.32%▼

Net Profit Margin

-11.32%▼

Return on Equity (ROE)

-19.06%▼

Quick Ratio

-0.38%▼

Cash Ratio

-0.14%▼

Varvest SIA (Latvia)