AS "WESS Select"Active
Key figures
Ratios
2025Balance sheet structure
Dividends
from the reportNo dividends were paid.
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 | 1 781 413 | 1 446 095 | 2 448 183 | 2 215 071 | 882 204 | 788 246 | 1 066 779 | 934 392 | 976 533 | 1 126 015 | 1 033 656 | 804 570 | 1 172 680 | 2 147 190 | 2 840 334 | 3 816 462 | 4 145 878 |
| Total non-current assets | 3 894 025 | 3 722 651 | 2 941 550 | 3 413 341 | 2 904 653 | 3 947 988 | 3 878 152 | 3 782 597 | 3 778 190 | 3 874 674 | 4 048 879 | 4 041 673 | 3 876 707 | 3 475 443 | 2 403 122 | 2 357 936 | 2 828 480 |
| Total assets | 5 675 438 | 5 168 746 | 5 389 733 | 5 628 412 | 3 786 857 | 4 736 234 | 4 944 931 | 4 716 989 | 4 754 723 | 5 000 689 | 5 082 535 | 4 846 243 | 5 049 387 | 5 622 633 | 5 243 456 | 6 174 398 | 6 974 358 |
| Balance sheet — liabilities and equity | |||||||||||||||||
| Current liabilities | 2 906 914 | 2 097 107 | 2 451 383 | 2 763 989 | 1 420 610 | 1 633 379 | 3 544 438 | 2 025 476 | 2 156 331 | 2 476 737 | 2 565 009 | 2 135 328 | 1 888 644 | 1 900 318 | 1 453 190 | 1 875 736 | 2 065 250 |
| Non-current liabilities | 2 712 365 | 2 608 112 | 2 435 639 | 2 348 416 | 2 002 809 | 2 596 413 | 878 262 | 2 107 734 | 1 851 698 | 1 700 810 | 1 455 863 | 1 355 838 | 1 069 516 | 873 355 | 14 778 | 31 732 | 312 731 |
| Total liabilities | 5 619 279 | 4 705 219 | 4 887 022 | 5 112 405 | 3 423 419 | 4 229 792 | 4 422 700 | 4 133 210 | 4 008 029 | 4 177 547 | 4 020 872 | 3 491 166 | 2 958 160 | 2 773 673 | 1 467 968 | 1 907 468 | 2 377 981 |
| Share capital | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Retained earnings of previous periods | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Profit for the year | -531 238 | 400 075 | 30 305 | 3667 | -136 906 | 6571 | 19 242 | 90 578 | 162 915 | 76 448 | 238 521 | 293 414 | 842 150 | 1 127 733 | 1 116 528 | 528 442 | 329 447 |
| Total equity | 31 342 | 431 417 | 461 722 | 465 389 | 328 483 | 473 959 | 493 201 | 583 779 | 746 694 | 823 142 | 1 061 663 | 1 355 077 | 2 091 227 | 2 848 960 | 3 775 488 | 4 266 930 | 4 596 377 |
| Income statement | |||||||||||||||||
| Sales revenue | 5 781 994 | 5 921 049 | 8 534 399 | 9 253 614 | 7 233 440 | 3 766 914 | 3 656 866 | 3 933 487 | 4 463 229 | 4 356 586 | 8 624 890 | 7 688 453 | 12 665 716 | 15 867 384 | 17 353 877 | 20 102 164 | 16 051 895 |
| Operating profit | -422 041 | 590 785 | 224 288 | 139 224 | -51 041 | 104 272 | 124 187 | 200 315 | 252 959 | 158 504 | 326 420 | 372 249 | 913 999 | 1 250 003 | 1 179 971 | 547 172 | 353 820 |
| Profit before income tax | -601 888 | 410 353 | 104 498 | 10 946 | -157 693 | 12 963 | 28 784 | 107 706 | 164 791 | 76 579 | 238 572 | 294 005 | 868 750 | 1 220 446 | 1 164 640 | 538 118 | 329 677 |
| Profit for the reporting year | -531 238 | 400 075 | 30 305 | 3667 | -136 906 | 6571 | 19 242 | 90 578 | 162 915 | 76 448 | 238 521 | 293 414 | 842 150 | 1 127 733 | 1 116 528 | 528 442 | 329 447 |
| Labour costs | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Depreciation of non-current assets | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Other indicators | |||||||||||||||||
| Employees | 47 | 48 | 50 | 47 | 47 | 40 | 35 | 36 | 36 | 36 | 40 | 39 | 39 | 48 | 49 | 52 | 53 |
| Calculated dividend | 3584 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 106 000 | 370 000 | 190 000 | 37 000 | 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: AS "WESS Select"
Overview
AS "WESS Select" (reg. no. 40003609098) is a joint-stock company. The company was registered in 2002 and has been in the register for 23 years. Registered address: Mārupes nov., Mārupe, Kārļa Ulmaņa gatve 123.
Financial results
Revenue in 2025 was 16 051 895 €, down 20,1% on the previous year (20 102 164 €). From 2009 to 2025, revenue grew by an average of 6,6% per year. Net profit for 2025 was 329 447 € (2,1% of revenue). The company was profitable in 15 of the 17 published years. In 2025 the company had 53 employees (52 a year earlier). Revenue per employee was 302 866 €. At the end of 2025, total assets were 6 974 358 € and equity 4 596 377 € (65,9% of assets).
Management and owners
The board has 2 members.
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.