SIA "Wess Logistics"Active
Key figures
Ratios
2024Balance sheet structure
Dividends
calculatedPaid out in dividends approximately 113 000 € (10% 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 statements2014–2024
| 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Balance sheet — assets | |||||||||||
| Total current assets | 182 315 | 170 006 | 152 305 | 173 238 | 211 267 | 129 219 | 132 738 | 275 494 | 449 521 | 515 318 | 301 513 |
| Total non-current assets | 161 452 | 399 686 | 541 664 | 560 963 | 607 927 | 688 145 | 661 254 | 659 813 | 679 649 | 702 081 | 811 859 |
| Total assets | 343 767 | 569 692 | 693 969 | 734 201 | 819 194 | 817 364 | 793 992 | 935 307 | 1 129 170 | 1 217 399 | 1 113 372 |
| Balance sheet — liabilities and equity | |||||||||||
| Current liabilities | 69 717 | 220 031 | 180 573 | 137 880 | 11 557 | 147 859 | 144 549 | 113 120 | 56 883 | 76 520 | 71 671 |
| Non-current liabilities | 0 | 0 | 65 918 | 72 950 | 213 285 | 20 900 | 19 100 | 9100 | 9100 | 9100 | 19 100 |
| Total liabilities | 69 717 | 220 031 | 246 491 | 210 830 | 224 842 | 168 759 | 163 649 | 122 220 | 65 983 | 85 620 | 90 771 |
| Share capital | — | — | — | — | — | — | — | — | — | — | — |
| Retained earnings of previous periods | — | — | — | — | — | — | — | — | — | — | — |
| Profit for the year | 6550 | 75 611 | 97 817 | 75 891 | 70 981 | 54 253 | -18 262 | 182 744 | 250 100 | 127 592 | 3822 |
| Total equity | 274 050 | 349 661 | 447 478 | 523 371 | 594 352 | 648 605 | 630 343 | 813 087 | 1 063 187 | 1 131 779 | 1 022 601 |
| Income statement | |||||||||||
| Sales revenue | 45 748 | 236 417 | 226 882 | 154 111 | 255 100 | 175 954 | 119 133 | 620 648 | 1 106 432 | 800 000 | 877 126 |
| Operating profit | 8641 | 89 981 | 108 122 | 86 082 | 68 067 | 36 245 | -14 368 | 185 709 | 254 539 | 143 872 | 38 966 |
| Profit before income tax | 8593 | 89 875 | 107 807 | 88 836 | 70 981 | 54 253 | -18 262 | 182 744 | 250 100 | 142 342 | 32 072 |
| Profit for the reporting year | 6550 | 75 611 | 97 817 | 75 891 | 70 981 | 54 253 | -18 262 | 182 744 | 250 100 | 127 592 | 3822 |
| Labour costs | — | — | — | — | — | — | — | — | — | — | — |
| Depreciation of non-current assets | — | — | — | — | — | — | — | — | — | — | — |
| Other indicators | |||||||||||
| Employees | 2 | 2 | 2 | 2 | 2 | 2 | 3 | 20 | 24 | 23 | 26 |
| Calculated dividend | — | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 59 000 | 113 000 |
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 "Wess Logistics"
Overview
SIA "Wess Logistics" (reg. no. 40103741342) is a limited liability company. The company was registered in 2013 and has been in the register for 12 years. Registered address: Rīga, Ēnas iela 1B.
Financial results
Revenue in 2024 was 877 126 €, up 9,6% on the previous year (800 000 €). From 2014 to 2024, revenue grew by an average of 34,4% per year. Net profit for 2024 was 3822 € (0,4% of revenue). The company was profitable in 10 of the 11 published years. In 2024 the company had 26 employees (23 a year earlier). Revenue per employee was 33 736 €. At the end of 2024, total assets were 1 113 372 € and equity 1 022 601 € (91,8% 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.