SIA W.A.G. payment solutions LVActive
Key figures
Ratios
2025Balance sheet structure
Summary of financial statements2016–2025
| 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Balance sheet — assets | ||||||||||
| Total current assets | 3242 | 61 150 | 104 924 | 117 986 | 159 722 | 180 134 | 184 571 | 233 455 | 339 441 | 385 964 |
| Total non-current assets | 2237 | 9290 | 10 088 | 8660 | 3305 | 1074 | 1262 | 1261 | 69 | 6173 |
| Total assets | 5479 | 70 440 | 115 012 | 126 646 | 163 027 | 181 208 | 185 833 | 234 716 | 339 510 | 392 137 |
| Balance sheet — liabilities and equity | ||||||||||
| Current liabilities | 7433 | 59 170 | 72 097 | 46 862 | 41 043 | 48 345 | 40 097 | 72 683 | 160 906 | 163 283 |
| Non-current liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total liabilities | 7433 | 59 170 | 72 097 | 46 862 | 41 043 | 48 345 | 40 097 | 72 683 | 160 906 | 163 283 |
| Share capital | — | — | — | — | — | — | — | — | — | — |
| Retained earnings of previous periods | — | — | — | — | — | — | — | — | — | — |
| Profit for the year | -4754 | 13 224 | 31 645 | 36 869 | 42 200 | 10 879 | 12 873 | 16 297 | 16 571 | 50 250 |
| Total equity | -1954 | 11 270 | 42 915 | 79 784 | 121 984 | 132 863 | 145 736 | 162 033 | 178 604 | 228 854 |
| Income statement | ||||||||||
| Sales revenue | 0 | 156 528 | 282 887 | 312 828 | 296 368 | 307 171 | 343 662 | 402 045 | 414 056 | 741 476 |
| Operating profit | -4749 | 18 820 | 38 075 | 40 409 | 42 376 | 12 425 | 14 620 | 16 678 | 17 838 | 51 939 |
| EBITDA | -4749 | 20 026 | 41 709 | 45 649 | 47 037 | 14 656 | 16 158 | 18 343 | 19 029 | 52 107 |
| Profit before income tax | -4754 | 18 250 | 37 087 | 40 409 | 42 376 | 12 425 | 14 620 | 16 678 | 17 838 | 51 939 |
| Profit for the reporting year | -4754 | 13 224 | 31 645 | 36 869 | 42 200 | 10 879 | 12 873 | 16 297 | 16 571 | 50 250 |
| Labour costs | 0 | 60 972 | 136 631 | 164 965 | 160 754 | 173 972 | 194 353 | 239 016 | 241 874 | 457 246 |
| Depreciation of non-current assets | 0 | 1206 | 3634 | 5240 | 4661 | 2231 | 1538 | 1665 | 1191 | 168 |
| Other indicators | ||||||||||
| Employees | 0 | 2 | 5 | 4 | 4 | 5 | 5 | 5 | 5 | 7 |
| Calculated dividend | 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 W.A.G. payment solutions LV
Overview
SIA W.A.G. payment solutions LV (reg. no. 40103989054) is a limited liability company. The company was registered in 2016 and has been in the register for 10 years. Registered address: Rīga, Bauskas iela 58A - 15.
Financial results
Revenue in 2025 was 741 476 €, up 79,1% on the previous year (414 056 €). This is the company's highest revenue among the published years (2016–2025). Net profit for 2025 was 50 250 € (6,8% of revenue). The company was profitable in 9 of the 10 published years. In 2025 the company had 7 employees (5 a year earlier). Revenue per employee was 105 925 €. At the end of 2025, total assets were 392 137 € and equity 228 854 € (58,4% of assets).
Management and owners
The board has 3 members. The sole owner of the company is W.A.G. payments solutions, a.s..
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.