AS "West Kredit"Active
Key figures
Ratios
2025Balance sheet structure
Dividends
calculatedPaid out in dividends approximately 1 669 261 € (6% 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 statements2012–2025
| 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Balance sheet — assets | ||||||||||||||
| Total current assets | 1 620 248 | 2 217 920 | 2 511 088 | 2 338 150 | 2 836 095 | 3 919 181 | 6 535 388 | 7 056 898 | 6 661 794 | 6 653 244 | 6 913 529 | 10 179 262 | 12 506 878 | 11 224 154 |
| Total non-current assets | 16 617 130 | 16 804 041 | 26 076 413 | 28 741 813 | 30 445 930 | 34 193 892 | 33 784 966 | 35 266 043 | 35 947 937 | 39 606 588 | 44 658 514 | 49 639 870 | 47 480 679 | 56 740 545 |
| Total assets | 18 237 378 | 19 021 961 | 28 587 501 | 31 079 963 | 33 282 025 | 38 113 073 | 40 320 354 | 42 322 941 | 42 609 731 | 46 259 832 | 51 572 043 | 59 819 132 | 59 987 557 | 67 964 699 |
| Balance sheet — liabilities and equity | ||||||||||||||
| Current liabilities | 7 343 337 | 8 438 437 | 14 919 668 | 13 450 290 | 1 370 674 | 1 463 377 | 1 536 246 | 3 158 248 | 2 625 101 | 1 872 929 | 3 213 973 | 1 608 008 | 1 729 077 | 2 307 515 |
| Non-current liabilities | 3 284 908 | 1 784 929 | 1 172 815 | 2 778 764 | 14 818 166 | 19 068 191 | 19 872 330 | 25 770 721 | 23 753 354 | 24 716 513 | 25 516 513 | 33 000 000 | 32 000 000 | 37 600 000 |
| Total liabilities | 10 628 245 | 10 223 366 | 16 092 483 | 16 229 054 | 16 188 840 | 20 531 568 | 21 408 576 | 28 928 969 | 26 378 455 | 26 589 442 | 28 730 486 | 34 608 008 | 33 729 077 | 39 907 515 |
| Share capital | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Retained earnings of previous periods | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Profit for the year | 868 920 | 1 389 246 | 2 477 237 | 2 355 820 | 2 249 003 | 2 746 912 | 2 848 799 | 3 012 494 | 2 838 042 | 3 461 988 | 3 013 200 | 3 207 067 | 2 347 356 | 3 417 965 |
| Total equity | 7 597 983 | 8 786 545 | 12 478 101 | 14 833 893 | 17 093 185 | 17 581 505 | 18 911 778 | 13 393 972 | 16 231 276 | 19 670 390 | 22 841 557 | 25 211 124 | 26 258 480 | 28 007 184 |
| Income statement | ||||||||||||||
| Sales revenue | 2 410 451 | 2 510 511 | 3 658 563 | 4 133 608 | 4 176 048 | 4 632 271 | 4 862 215 | 5 164 390 | 5 100 523 | 5 231 870 | 5 915 850 | 7 471 717 | 7 763 760 | 8 471 415 |
| Operating profit | 1 691 717 | 2 169 428 | 3 852 602 | 3 703 880 | 3 593 938 | 4 289 118 | 4 130 506 | 4 453 972 | 4 298 630 | 4 781 725 | 4 582 742 | 5 378 133 | 5 574 036 | 6 110 972 |
| Profit before income tax | 1 057 940 | 1 619 639 | 2 906 825 | 2 745 331 | 2 602 287 | 3 211 851 | 2 868 805 | 3 041 508 | 2 861 138 | 3 483 875 | 3 026 707 | 3 215 075 | 3 013 343 | 3 895 805 |
| Profit for the reporting year | 868 920 | 1 389 246 | 2 477 237 | 2 355 820 | 2 249 003 | 2 746 912 | 2 848 799 | 3 012 494 | 2 838 042 | 3 461 988 | 3 013 200 | 3 207 067 | 2 347 356 | 3 417 965 |
| Labour costs | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Depreciation of non-current assets | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Other indicators | ||||||||||||||
| Employees | 23 | 24 | 22 | 20 | 22 | 23 | 28 | 27 | 25 | 26 | 26 | 28 | 28 | 27 |
| Calculated dividend | 70 000 | 200 000 | 0 | 0 | 0 | 2 258 592 | 1 518 526 | 8 530 300 | 738 | 22 874 | 0 | 837 500 | 1 300 000 | 1 669 261 |
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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Related companies
- SIA "Dzirnavu 107" — 100%
Summary: AS "West Kredit"
Overview
AS "West Kredit" (reg. no. 40003270389) is a joint-stock company. The company was registered in 1995 and has been in the register for 31 years. Registered address: Rīga, Dzirnavu iela 107A.
Financial results
Revenue in 2025 was 8 471 415 €, up 9,1% on the previous year (7 763 760 €). From 2012 to 2025, revenue grew by an average of 10,2% per year. This is the company's highest revenue among the published years (2012–2025). Net profit for 2025 was 3 417 965 € (40,3% of revenue). The company was profitable in all 14 published years. In 2025 the company had 27 employees (28 a year earlier). Revenue per employee was 313 756 €. At the end of 2025, total assets were 67 964 699 € and equity 28 007 184 € (41,2% of assets).
Management and owners
The board has 2 members. The company holds a stake in one other active Latvian company.
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.