SIA "WESTLAKE"Active
Key figures
Ratios
2025Balance sheet structure
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 | 162 652 | 102 125 | 17 067 | 102 304 | 139 139 | 101 254 | 81 294 | 38 292 | 40 119 | 2613 | 2980 | 7758 | 77 606 | 146 308 | 34 337 | 49 153 |
| Total non-current assets | 1 638 681 | 1 765 320 | 1 804 415 | 1 794 922 | 2 392 689 | 2 315 558 | 1 915 809 | 1 876 808 | 1 803 804 | 1 802 095 | 1 819 070 | 1 810 416 | 1 800 950 | 1 921 297 | 1 993 245 | 1 978 467 |
| Total assets | 1 801 333 | 1 867 445 | 1 821 482 | 1 897 226 | 2 531 828 | 2 416 812 | 1 997 103 | 1 915 100 | 1 843 923 | 1 804 708 | 1 822 050 | 1 818 174 | 1 878 556 | 2 067 605 | 2 027 582 | 2 027 620 |
| Balance sheet — liabilities and equity | ||||||||||||||||
| Current liabilities | 13 797 | 3822 | 986 | 54 936 | 71 572 | 26 856 | 31 679 | 25 216 | 18 911 | 17 095 | 12 | 3057 | 4392 | 9377 | 8741 | 9314 |
| Non-current liabilities | 1 965 087 | 2 205 799 | 2 207 929 | 2 215 400 | 3 125 581 | 3 150 037 | 2 873 904 | 2 876 241 | 2 865 563 | 2 855 851 | 2 911 013 | 2 961 601 | 2 991 011 | 1 888 011 | 1 836 411 | 1 834 325 |
| Total liabilities | 1 978 884 | 2 209 621 | 2 208 915 | 2 270 336 | 3 197 153 | 3 176 893 | 2 905 583 | 2 901 457 | 2 884 474 | 2 872 946 | 2 911 025 | 2 964 658 | 2 995 403 | 1 897 388 | 1 845 152 | 1 843 639 |
| Share capital | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Retained earnings of previous periods | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Profit for the year | -42 958 | -164 625 | -45 257 | -85 677 | -134 438 | -94 756 | -148 400 | -77 878 | -54 193 | -27 687 | -20 737 | -57 509 | 29 637 | 1 287 064 | 12 213 | 1551 |
| Total equity | -177 551 | -342 176 | -387 433 | -373 110 | -665 325 | -760 081 | -908 480 | -986 357 | -1 040 551 | -1 068 238 | -1 088 975 | -1 146 484 | -1 116 847 | 170 217 | 182 430 | 183 981 |
| Income statement | ||||||||||||||||
| Sales revenue | 165 | 164 | 1380 | 5179 | 23 703 | 21 322 | 16 859 | 3273 | 14 826 | 17 083 | 3653 | 3709 | 122 181 | 36 881 | 37 387 | 44 844 |
| Operating profit | -38 914 | -164 052 | -45 002 | -85 665 | -133 497 | -93 855 | -146 389 | -76 985 | -52 965 | -26 970 | -20 547 | -57 509 | 29 637 | 1 287 064 | 12 213 | 1551 |
| EBITDA | — | — | — | — | — | — | 200 708 | -76 985 | -52 965 | -26 970 | -20 547 | — | — | — | — | — |
| Profit before income tax | -42 790 | -164 342 | -44 930 | -85 452 | -133 810 | -93 973 | -148 400 | -77 878 | -54 193 | -27 687 | -20 737 | -57 509 | 29 637 | 1 287 064 | 12 213 | 1551 |
| Profit for the reporting year | -42 958 | -164 625 | -45 257 | -85 677 | -134 438 | -94 756 | -148 400 | -77 878 | -54 193 | -27 687 | -20 737 | -57 509 | 29 637 | 1 287 064 | 12 213 | 1551 |
| Labour costs | — | — | — | — | — | — | 0 | 7098 | 9022 | 12 686 | 6918 | — | — | — | — | — |
| Depreciation of non-current assets | — | — | — | — | — | — | 347 097 | 0 | 0 | 0 | 0 | — | — | — | — | — |
| Other indicators | ||||||||||||||||
| Employees | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 1 | 1 | 2 | 2 |
| Calculated dividend | — | 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 "WESTLAKE"
Overview
SIA "WESTLAKE" (reg. no. 40003790820) is a limited liability company. The company was registered in 2005 and has been in the register for 20 years. Registered address: Kuldīgas nov., Rendas pag., "Bukmeķi".
Financial results
Revenue in 2025 was 44 844 €, up 19,9% on the previous year (37 387 €). From 2010 to 2025, revenue grew by an average of 45,3% per year. Net profit for 2025 was 1551 € (3,5% of revenue). The company was profitable in 4 of the 16 published years. In 2025 the company had 2 employees. Revenue per employee was 22 422 €. At the end of 2025, total assets were 2 027 620 € and equity 183 981 € (9,1% of assets).
Management and owners
The board has 2 members. According to the register, the company has 2 owners. The largest stake (50,2%) is held by 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.