In 2025, SIA "Innovative Travel Solutions" had revenue of 11.7 million EUR and profit of 851.6 thousand EUR. The company has 260 employees. Beneficial owners: Alex Weinstein.
| year | 2025Latest | 2024 | 2023 |
|---|---|---|---|
Revenue | 11,7m € -0.5% | 11,8m € +6.1% | 11,1m € +30.0% |
Profit | 851,6k € +8.1% | 787,5k € +8.3% | 727k € +47.2% |
Assets | 5,7m € +15.1% | 4,9m € +72.3% | 2,9m € +75.4% |
Liabilities | 2,7m € -3.7% | 2,8m € +82.6% | 1,6m € +48.1% |
Equity | 2,9m € +40.6% | 2,1m € +60.1% | 1,3m € +124.5% |
Employees | 244 -12.2% | 278 -10.6% | 311 +26.4% |
Overall rating | A86/100 |
Financial health | 100/100 |
Credit history | 80/100 |
Legal history | 100/100 |
Business activity | 50/100 |
| Overall risk | Low |
No risk flags | |
No tax debts | |
Positive profit | |
Regular report filing | |
| Name, surname | Birth date | Position | Representation rights | Registered | |
|---|---|---|---|---|---|
| Board member | Independently |
SIA "Innovative Travel Solutions" is located at Rīga, Jeruzalemes iela 1, LV-1010.
In 2025, SIA "Innovative Travel Solutions" had revenue of 11 733 583 EUR and profit of 851 599 EUR. Compared to previous year, revenue decreased by 0.5%. View full financial report →
In 2024, SIA "Innovative Travel Solutions" had an average of 260 employees. View tax history →
The beneficial owners of SIA "Innovative Travel Solutions" are Alex Weinstein. View ownership details →
Yes, SIA "Innovative Travel Solutions" is registered as an active VAT payer with VAT number LV50203225661.
In 2024, the average gross salary at SIA "Innovative Travel Solutions" was approximately 1993,12 € per month (net ~ 1459,01 €). This is an approximate calculation. View salary details →
SIA "Innovative Travel Solutions" was founded on August 30, 2019. The company has been operating for 7 years.
| Indicator | Value | Rank | Comparison | |
|---|---|---|---|---|
Company age | 7 years | - | 0% | |
Net revenue | 11 733 583,00 € | - | 0% | |
Profit | 851 599,00 € | - | 0% | |
Equity | 2 949 884,00 € | - | 0% | |
Assets | 5 685 449,00 € | - | 0% | |
Fixed assets | 44 556,00 € | - | 0% | |
Investments | 106 420,00 € | - | 0% | |
Liquidity | 2.02 | - | 60% | |
Profitability | 7.3% | - | 10% | |
Registered capital | 2800,00 € | - | 0% |
Annual financial report for 2025.
Annual financial report for 2024.
Annual financial report for 2023.
Annual financial report for 2022.
Annual financial report for 2021.
Annual financial report for 2020.
Registered in the Latvian company register.
| Name, surname | Shares | Ownership rights |
|---|---|---|
| DYNINNO GROUP LIMITED | 10 | 100.00% |
| Name, surname | Nationality | Birth date | |
|---|---|---|---|
| Alex Weinstein | US | - |