SIA "CWT Latvia"Active

40003098584Limited liability companyFounded 1992

Key figures

1 588 846 €-17,3%

Revenue 2025

-6,9%

Average annual change 2010–2025

Ratios

2025

-12,0%

Profit margin

38,4%

Equity ratio

1,6×

Current ratio

-238,4%

Return on equity

Balance sheet structure

Current assetsNon-current assetsLiabilitiesEquity

Summary of financial statements2010–2025

	2010	2011	2012	2013	2014	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024	2025
Balance sheet — assets
Total current assets	480 462	594 777	548 714	449 831	811 712	829 487	880 383	800 132	701 875	584 213	269 586	300 253	241 865	355 079	190 685	200 461
Total non-current assets	22 868	19 274	21 042	20 687	17 942	12 426	13 294	40 027	39 667	34 394	30 099	24 731	20 908	16 162	11 747	7414
Total assets	503 330	614 051	569 756	470 518	829 654	841 913	893 677	840 159	741 542	618 607	299 685	324 984	262 773	371 241	202 432	207 875
Balance sheet — liabilities and equity
Current liabilities	294 153	362 454	294 419	160 550	338 782	280 095	293 386	228 309	221 108	231 594	149 333	164 334	251 714	276 863	192 179	128 008
Non-current liabilities	0	330	330	707	1136	1355	0	0	0	0	0	0	0	0	0	0
Total liabilities	294 153	362 784	294 749	161 257	339 918	281 450	293 386	228 309	221 108	231 594	149 333	164 334	251 714	276 863	192 179	128 008
Share capital	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—
Retained earnings of previous periods	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—
Profit for the year	65 001	42 730	25 092	34 488	49 004	70 781	46 763	11 559	-91 416	-133 421	-236 661	10 298	-149 591	-176 766	-224 125	-190 387
Total equity	202 529	245 259	270 351	304 839	482 752	553 533	600 291	611 850	520 434	387 013	150 352	160 650	11 059	94 378	10 253	79 867
Income statement
Sales revenue	4 618 423	4 926 584	4 224 501	5 491 759	7 594 453	8 562 307	7 204 350	6 836 843	6 028 668	6 019 310	1 308 258	1 616 938	3 609 639	2 114 602	1 921 196	1 588 846
Operating profit	52 865	49 585	32 510	41 414	59 532	84 462	55 585	11 762	-91 416	-133 421	-236 661	10 298	-149 591	-176 766	-224 125	-190 387
Profit before income tax	52 863	49 706	32 556	41 414	59 725	84 876	55 601	11 777	-91 416	-133 421	-236 661	10 298	-149 591	-176 766	-224 125	-190 387
Profit for the reporting year	65 001	42 730	25 092	34 488	49 004	70 781	46 763	11 559	-91 416	-133 421	-236 661	10 298	-149 591	-176 766	-224 125	-190 387
Labour costs	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—
Depreciation of non-current assets	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—
Other indicators
Employees	15	18	18	18	18	18	16	14	14	14	13	13	11	10	10	7
Calculated dividend	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0

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 "CWT Latvia"

Overview

SIA "CWT Latvia" (reg. no. 40003098584) is a limited liability company. The company was registered in 1992 and has been in the register for 34 years. Registered address: Rīga, Vīlandes iela 6 - 4.

Financial results

Revenue in 2025 was 1 588 846 €, down 17,3% on the previous year (1 921 196 €). From 2010 to 2025, revenue declined by an average of 6,9% per year. 2025 ended with a loss of 190 387 €. The company was profitable in 9 of the 16 published years. In 2025 the company had 7 employees (10 a year earlier). Revenue per employee was 226 978 €. At the end of 2025, total assets were 207 875 € and equity 79 867 € (38,4% of assets).

Management and owners

The company has one board member. The sole owner of the company is CWT Estonia OU.

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.