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Velve Materialu Sistemas SIA (Latvia)

Main Activities: Other Construction Material Merchant Wholesalers
Full name: Velve Materialu Sistemas SIA Profile Updated: March 24, 2026
Buy our report for this company USD 29.95 Most recent financial data: 2024 Available in: English & Russian Download a sample report

Velve Materialu Sistemas SIA is a company in Latvia, with a head office in Riga. It operates in the Other Construction Material Merchant Wholesalers industry. It was first established on July 22, 1997. It currently has a total number of 21 (2023) employees. From the latest financial highlights, Velve Materialu Sistemas SIA reported a net sales revenue increase of 3.51% in 2024. Its’ total assets recorded a growth of 11.82%. Velve Materialu Sistemas SIA’s net profit margin increased by 1.31% in 2024.

Headquarters
Aldaru iela 1214
Riga; Riga; Postal Code: 1050

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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 22, 1997
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
Ownership Details
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53.65%
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30%
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16.35%
Company Performance
Financial values in the chart are available after Velve Materialu Sistemas 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
3.51%▲
Total Operating Revenue
4.3%▲
Operating Profit
-61.3%▼
EBITDA
-61.3%▼
Net Profit/Loss for the Period
65.36%▲
Total Assets
11.82%▲
Total Equity
-2.25%▼
Operating Profit Margin
-1.53%▼
Net Profit Margin
1.31%▲
Return on Equity (ROE)
8.2%▲
Quick Ratio
0.05%▲
Cash Ratio
0.13%▲

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