SIA "Westbūve"Active
Key figures
Ratios
2025Balance sheet structure
Dividends
calculatedPaid out in dividends approximately 5000 € (2% of equity at the end of the previous year).
Low confidence: the company does not file a cash flow statement, so the amount is an estimate from changes in equity — it may also include other reductions of equity (e.g. a share capital reduction).
Summary of financial statements2009–2025
| 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Balance sheet — assets | |||||||||||||||||
| Total current assets | 59 766 | 39 561 | 91 756 | 86 914 | 45 386 | 210 681 | 113 488 | 98 415 | 219 178 | 532 797 | 185 507 | 163 542 | 123 638 | 200 732 | 159 914 | 198 236 | 295 285 |
| Total non-current assets | 50 627 | 33 687 | 41 623 | 44 662 | 56 012 | 72 736 | 56 624 | 42 079 | 115 599 | 92 326 | 65 385 | 42 719 | 24 881 | 30 992 | 66 200 | 104 286 | 110 744 |
| Total assets | 110 393 | 73 248 | 133 379 | 131 576 | 101 398 | 283 417 | 170 112 | 140 494 | 334 777 | 625 123 | 250 892 | 206 261 | 148 519 | 231 724 | 226 114 | 302 522 | 406 029 |
| Balance sheet — liabilities and equity | |||||||||||||||||
| Current liabilities | 58 545 | 31 686 | 89 184 | 74 888 | 11 096 | 149 570 | 34 544 | 17 663 | 279 831 | 599 865 | 137 579 | 91 671 | 29 597 | 92 053 | 36 945 | 45 029 | 151 203 |
| Non-current liabilities | 0 | 0 | 0 | 2853 | 3433 | 4653 | 3412 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total liabilities | 58 545 | 31 686 | 89 184 | 77 741 | 14 529 | 154 223 | 37 956 | 17 663 | 279 831 | 599 865 | 137 579 | 91 671 | 29 597 | 92 053 | 36 945 | 45 029 | 151 203 |
| Share capital | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Retained earnings of previous periods | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Profit for the year | 435 | -8304 | 2308 | 10 905 | 32 563 | 4528 | 2407 | -6470 | -67 885 | -29 688 | 100 508 | 1277 | 4332 | 21 806 | 49 498 | 118 324 | 2333 |
| Total equity | 45 880 | 37 576 | 40 134 | 51 039 | 83 602 | 123 483 | 125 890 | 122 831 | 54 946 | 25 258 | 113 313 | 114 590 | 118 922 | 139 671 | 189 169 | 257 493 | 254 826 |
| Income statement | |||||||||||||||||
| Sales revenue | 189 898 | 336 845 | 429 081 | 479 315 | 537 901 | 859 258 | 927 990 | 804 381 | 925 637 | 1 253 375 | 976 879 | 555 667 | 1 256 065 | 946 273 | 1 530 586 | 1 921 722 | 905 771 |
| Operating profit | 2824 | -8365 | 5686 | 12 939 | 38 093 | 5384 | 2742 | -5223 | -66 408 | -26 933 | 103 649 | 3303 | 5700 | 22 890 | 50 480 | 132 022 | 3664 |
| EBITDA | 6345 | 12 730 | 17 136 | 26 426 | 54 007 | 27 509 | 27 801 | 16 385 | -49 590 | 3363 | 131 366 | 28 552 | 28 177 | 45 595 | 62 400 | 152 485 | 32 061 |
| Profit before income tax | 1512 | -9188 | 3366 | 12 918 | 38 093 | 5384 | 2742 | -6470 | -67 885 | -29 688 | 100 870 | 1277 | 4332 | 21 806 | 49 498 | 130 975 | 3664 |
| Profit for the reporting year | 435 | -8304 | 2308 | 10 905 | 32 563 | 4528 | 2407 | -6470 | -67 885 | -29 688 | 100 508 | 1277 | 4332 | 21 806 | 49 498 | 118 324 | 2333 |
| Labour costs | 29 233 | 31 853 | 15 990 | 36 157 | 30 164 | 75 999 | 73 182 | 57 313 | 55 008 | 64 025 | 44 957 | 32 318 | 90 737 | 144 404 | 186 127 | 185 406 | 170 999 |
| Depreciation of non-current assets | 3521 | 21 095 | 11 450 | 13 487 | 15 914 | 22 125 | 25 059 | 21 608 | 16 818 | 30 296 | 27 717 | 25 249 | 22 477 | 22 705 | 11 920 | 20 463 | 28 397 |
| Other indicators | |||||||||||||||||
| Employees | 14 | 14 | 9 | 13 | 10 | 14 | 13 | 9 | 10 | 11 | 7 | 4 | 13 | 15 | 18 | 16 | 13 |
| Calculated dividend | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 12 453 | 0 | 0 | 1057 | 0 | 50 000 | 5000 |
A dash (—) means the report has not been filed or the line is not reported; 0 is a zero stated in the report.
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Summary: SIA "Westbūve"
Overview
SIA "Westbūve" (reg. no. 40002085008) is a limited liability company. The company was registered in 2000 and has been in the register for 26 years. Registered address: Olaines nov., Olaine, Parka iela 10 - 53.
Financial results
Revenue in 2025 was 905 771 €, down 52,9% on the previous year (1 921 722 €). From 2009 to 2025, revenue grew by an average of 10,3% per year. Net profit for 2025 was 2333 € (0,3% of revenue). The company was profitable in 13 of the 17 published years. In 2025 the company had 13 employees (16 a year earlier). Revenue per employee was 69 675 €. At the end of 2025, total assets were 406 029 € and equity 254 826 € (62,8% of assets).
Management and owners
The company has one board member. The sole owner of the company is a private individual.
Data sources and freshness
Register data (name, address, legal form, board and owners) and annual report figures come from the open data of the Register of Enterprises of the Republic of Latvia (CC0); entity.lv updates them daily. Data as of 03.11.2026. Changes, averages and ratios are calculated by entity.lv from open data and are not an official assessment.