Sabiedrība ar ierobežotu atbildību "WESSET Timber"Active
Key figures
Ratios
2025Balance sheet structure
Dividends
calculatedNo dividends were paid.
Summary of financial statements2008–2025
| 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Balance sheet — assets | ||||||||||||||||||
| Total current assets | 20 829 | 12 774 | 23 042 | 40 494 | 63 721 | 61 535 | 36 683 | 42 301 | 80 624 | 122 887 | 109 199 | 106 487 | 121 163 | 147 007 | 120 260 | 88 193 | 48 080 | 38 391 |
| Total non-current assets | 5798 | 3745 | 9361 | 8728 | 22 680 | 31 316 | 112 986 | 103 720 | 107 870 | 104 507 | 99 822 | 119 104 | 113 574 | 88 418 | 85 385 | 84 495 | 92 352 | 89 845 |
| Total assets | 26 627 | 16 519 | 32 403 | 49 222 | 86 401 | 92 851 | 149 669 | 146 021 | 188 494 | 227 394 | 209 021 | 225 591 | 234 737 | 235 425 | 205 645 | 172 688 | 140 432 | 128 236 |
| Balance sheet — liabilities and equity | ||||||||||||||||||
| Current liabilities | 5443 | 8360 | 6268 | 6693 | 7759 | 12 278 | 13 839 | 7332 | 8439 | 2986 | 3400 | 6744 | 5646 | 6059 | 3256 | 2179 | 1227 | 185 |
| Non-current liabilities | 3517 | 1309 | 0 | 0 | 3681 | 0 | 19 210 | 9600 | 5841 | 0 | 0 | 9470 | 4664 | 0 | 0 | 0 | 0 | 0 |
| Total liabilities | 8960 | 9669 | 6268 | 6693 | 11 440 | 12 278 | 33 049 | 16 932 | 14 280 | 2986 | 3400 | 16 214 | 10 310 | 6059 | 3256 | 2179 | 1227 | 185 |
| Share capital | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Retained earnings of previous periods | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Profit for the year | 15 667 | 4183 | 19 285 | 16 394 | 35 432 | 8945 | 1974 | 12 475 | 47 347 | 50 194 | 61 213 | 24 868 | 15 050 | 30 939 | -23 777 | -31 880 | -31 304 | -11 154 |
| Total equity | 17 667 | 6850 | 26 135 | 42 529 | 74 961 | 80 573 | 116 620 | 129 089 | 174 214 | 224 408 | 205 621 | 209 377 | 224 427 | 229 366 | 202 389 | 170 509 | 139 205 | 128 051 |
| Income statement | ||||||||||||||||||
| Sales revenue | 153 175 | 110 961 | 177 838 | 185 614 | 254 604 | 186 754 | 233 769 | 257 049 | 312 367 | 341 267 | 356 158 | 299 139 | 245 024 | 207 217 | 136 956 | 17 518 | 0 | 21 185 |
| Operating profit | 18 826 | 5322 | 23 005 | 19 183 | 40 840 | 10 518 | 2178 | 15 376 | 55 744 | 59 676 | 61 226 | 24 961 | 15 506 | 37 701 | -22 842 | -31 877 | -31 252 | -11 010 |
| Profit before income tax | 18 467 | 5052 | 22 916 | 19 148 | 41 055 | 10 223 | 1974 | 14 960 | 55 472 | 59 538 | 61 226 | 24 915 | 15 050 | 37 439 | -22 972 | -31 880 | -31 254 | -11 104 |
| Profit for the reporting year | 15 667 | 4183 | 19 285 | 16 394 | 35 432 | 8945 | 1974 | 12 475 | 47 347 | 50 194 | 61 213 | 24 868 | 15 050 | 30 939 | -23 777 | -31 880 | -31 304 | -11 154 |
| Labour costs | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Depreciation of non-current assets | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Other indicators | ||||||||||||||||||
| Employees | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 0 | 1 |
| Calculated dividend | 0 | 15 000 | 0 | 0 | 3000 | 3333 | 0 | 0 | 2222 | 0 | 80 000 | 21 112 | 0 | 26 000 | 3200 | 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: Sabiedrība ar ierobežotu atbildību "WESSET Timber"
Overview
Sabiedrība ar ierobežotu atbildību "WESSET Timber" (reg. no. 40003992823) is a limited liability company. The company was registered in 2008 and has been in the register for 18 years. Registered address: Ogres nov., Ikšķile, Viršu iela 3.
Financial results
Revenue in 2025 was 21 185 €. From 2008 to 2025, revenue declined by an average of 11,0% per year. 2025 ended with a loss of 11 154 €. The company was profitable in 14 of the 18 published years. In 2025 the company had 1 employees (0 a year earlier). Revenue per employee was 21 185 €. At the end of 2025, total assets were 128 236 € and equity 128 051 € (99,9% 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.