SIA "WESTEN"Active

40103996041Limited liability companyFounded 2016

Key figures

271 637 €+2,7%
Revenue 2025
+38,9%
Average annual growth 2016–2025
0100 k200 k300 k400 k’16’17’18’19’20’21’22’23’24’25

Ratios

2025
Balance sheet structure
Current assetsNon-current assetsLiabilitiesEquity
020 k40 k’16’17’18’19’20’21’22’23’24’25
Summary of financial statements2016–2025
2016201720182019202020212022202320242025
Balance sheet — assets
Total current assets38706332714313 60521 61018 90916 83115 22019 90817 802
Total non-current assets116223582358200410 74610 20910 20910 20910 2098167
Total assets50328690950115 60932 35629 11827 04025 42930 11725 969
Balance sheet — liabilities and equity
Current liabilities02420755311 96615 51320 87626 12421 18723 73619 391
Non-current liabilities1796289200000000
Total liabilities17965312755311 96615 51320 87626 12421 18723 73619 391
Share capital——————————
Retained earnings of previous periods——————————
Profit for the year236142-1430169513 200-8601-732633262139197
Total equity323633781948364316 8438242916424263816578
Income statement
Sales revenue14 13649 797684771 058322 112378 406258 107232 716264 461271 637
Operating profit236142-1430169513 200-8601-7326332621391150
Profit before income tax236142-1430169513 200-8601-732633262139197
Profit for the reporting year236142-1430169513 200-8601-732633262139197
Labour costs——————————
Depreciation of non-current assets——————————
Other indicators
Employees34337106699
Calculated dividend—000000000

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100%SIA "WESTEN"2Špakovskis Ivars
CompanyPersonShareholderOther roleAdditional link

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Summary: SIA "WESTEN"

Overview

SIA "WESTEN" (reg. no. 40103996041) is a limited liability company. The company was registered in 2016 and has been in the register for 10 years. Registered address: Rīga, Stabu iela 15 - 141.

Financial results

Revenue in 2025 was 271 637 €, up 2,7% on the previous year (264 461 €). From 2016 to 2025, revenue grew by an average of 38,9% per year. Net profit for 2025 was 197 € (0,1% of revenue). The company was profitable in 7 of the 10 published years. In 2025 the company had 9 employees. Revenue per employee was 30 182 €. At the end of 2025, total assets were 25 969 € and equity 6578 € (25,3% 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.