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Watel SIA (Latvia)

Main Activities: Electrical Contractors and Other Wiring Installation Contractors
Full name: Watel SIA Profile Updated: August 24, 2026
Buy our report for this company USD 29.95 Most recent financial data: 2025 Available in: English & Russian Download a sample report

Watel SIA is based in Latvia, with the head office in Riga. It operates in the Electrical Contractors and Other Wiring Installation Contractors industry. It was first established on April 12, 2019. 3 (2023) employees currently work for Watel SIA. From the latest financial highlights, Watel SIA reported a net sales revenue drop of 4.46% in 2025. There was a total negative growth of 11.51% in Watel SIA’s total assets over the same period. The net profit margin of Watel SIA decreased by 19.09% in 2025.

Headquarters
Slimnicas iela 6C
Riga; Riga; Postal Code: 1016

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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 12, 2019
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
-4.46%
Total Operating Revenue
-4.63%
Operating Profit
-42.95%
Net Profit/Loss for the Period
-43.04%
Total Assets
-11.51%
Total Equity
-2.43%
Operating Profit Margin
-19.25%
Net Profit Margin
-19.09%
Return on Equity (ROE)
-10.89%
Quick Ratio
59.85%
Cash Ratio
2.86%

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