Annual Report 2018.pdf

Report-2018.pdf
Preview of Annual report 2018
🔗 Source: citrus.lv
📊 Size: 891 KB
👤 Author: vgarkuls
⬇️ Downloads: 201

Summary

SIA Citrus Solutions is a limited liability company registered in Riga, Latvia, with a unified registration number of 50003752271. The company's 2018 annual report provides an overview of its commercial operations, management, and financial performance. Key highlights include:

Net turnover of 30.4 million EUR in 2018
Largest projects included low-voltage and electrical network construction, automatic fire detection and alarm systems, and optical network design and construction
Revenue from operations in Germany amounted to 2.2 million EUR
Normalized EBITDA profit was 793.7 thousand EUR, with a profit margin of 2.6%
Capital investments reached 1.310 million EUR, and taxes paid in Latvia and Germany totaled 2.816 million EUR
Net profit was 528 thousand EUR, affected by outcomes in large projects and German operations

The company's management structure consists of a two-level procedure, with the Shareholders' meeting and the Board. The Board members include Jūlija Grinberga, Raimonds Gerbis, and Kārlis Kostjukovs. The company's auditor is SIA Ernst&Young Baltic, and the reporting year is from January 1, 2018, to December 31, 2018.

Description

SIA Citrus Solutions is a limited liability company registered in Riga, Latvia, with a unified registration number of 50003752271.

Technical Information

  • File Format: PDF
  • File Size: 891 KB
  • Pages: 24
  • Language: EN
  • Author: vgarkuls
  • Total Downloads: 201
  • Last Updated: 8 hours ago

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