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Latvenergo AS (Latvia)

Main Activities: Electric Power Generation, Transmission and Distribution | Electric Power Generation
Full name: Latvenergo AS Profile Updated: July 09, 2024
Buy our report for this company USD 29.95 Most recent financial data: 2023 Available in: English & Russian Download a sample report

Latvenergo AS was founded in 1991 but its history dates back to 1939 with the establishment of the state-owned Kegums electricity company. Over the years it has turned into a virtually integrated power supply utility operating in electricity and thermal energy generation and supply, electricity distribution services and transmission system asset management.
The sole shareholder of Latvenergo AS is the Latvian State through the Ministry of Economics.
With its subsidiaries, Latvenergo AS forms the Latvenergo Group which is the largest power supply company in the Baltic States.

Headquarters
Pulkveza Brieza iela 12
Riga; Riga; Postal Code: LV-1010

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Website: http://www.latvenergo.lv

Basic Information
Total Employees:
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Outstanding Shares:
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Registered Capital:
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Financial Auditors:
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Incorporation Date:
October 08, 1991
Key Executives
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Chairman of the Board
Ownership Details
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100%
Subsidiaries
Augstsprieguma tikls AS
100%
Sadales Tikls AS
100%
Energijas Publiskais Tirgotajs SIA
Company Performance
Financial values in the chart are available after Latvenergo AS 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
10.46%
Total operating revenue
10.32%
Operating profit (EBIT)
108.94%
EBITDA
67.07%
Net Profit (Loss) for the Period
90.85%
Total assets
7.07%
Total equity
25.75%
Operating Profit Margin (ROS)
9.32%
Net Profit Margin
7.27%
Return on Equity (ROE)
4.04%
Quick Ratio
0.9%
Cash Ratio
0.17%

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