SIA "WESTAREST"Active
Key figures
Ratios
2025Balance sheet structure
Dividends
from the reportDividends paid 62 000 € (2% of equity at the end of the previous year).
Summary of financial statements2018–2025
| 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|---|---|---|---|
| Balance sheet — assets | ||||||||
| Total current assets | 102 725 | 3 668 965 | 101 025 | 102 681 | 3 952 945 | 4 664 124 | 3 786 063 | 4 101 123 |
| Total non-current assets | 0 | 622 262 | 17 720 | 17 590 | 605 894 | 455 445 | 665 966 | 252 461 |
| Total assets | 102 725 | 4 291 227 | 118 745 | 120 271 | 4 558 839 | 5 119 569 | 4 452 029 | 4 353 584 |
| Balance sheet — liabilities and equity | ||||||||
| Current liabilities | 0 | 2 716 635 | 116 340 | 72 170 | 1 023 296 | 1 165 293 | 917 161 | 1 069 891 |
| Non-current liabilities | 100 000 | 50 883 | 0 | 0 | 472 395 | 310 856 | 165 082 | 159 772 |
| Total liabilities | 100 000 | 2 767 518 | 116 340 | 72 170 | 1 495 691 | 1 476 149 | 1 082 243 | 1 229 663 |
| Share capital | — | — | — | — | — | — | — | — |
| Retained earnings of previous periods | — | — | — | — | — | — | — | — |
| Profit for the year | -75 | 319 720 | 6365 | 45 696 | 545 358 | 833 824 | -232 643 | -415 483 |
| Total equity | 2725 | 1 523 709 | 2405 | 48 101 | 3 063 148 | 3 643 420 | 3 369 786 | 3 123 921 |
| Income statement | ||||||||
| Sales revenue | 0 | 14 356 765 | 0 | 0 | 8 468 420 | 8 735 189 | 8 702 875 | 10 076 312 |
| Operating profit | -75 | 329 789 | 7553 | 32 754 | 582 453 | 883 579 | -191 379 | -678 451 |
| Profit before income tax | -75 | 328 113 | 13 878 | 45 696 | 579 570 | 886 264 | -163 043 | -356 755 |
| Profit for the reporting year | -75 | 319 720 | 6365 | 45 696 | 545 358 | 833 824 | -232 643 | -415 483 |
| Labour costs | — | — | — | — | — | — | — | — |
| Depreciation of non-current assets | — | — | — | — | — | — | — | — |
| Other indicators | ||||||||
| Employees | 1 | 185 | 2 | 2 | 75 | 83 | 87 | 96 |
| Calculated dividend | — | 0 | 5500 | 0 | 45 000 | 54 000 | 183 000 | 62 000 |
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 "WESTAREST"
Overview
SIA "WESTAREST" (reg. no. 40203128646) is a limited liability company. The company was registered in 2018 and has been in the register for 8 years. Registered address: Ropažu nov., Garkalnes pag., Berģi, Jaunā Līgo iela 31.
Financial results
Revenue in 2025 was 10 076 312 €, up 15,8% on the previous year (8 702 875 €). 2025 ended with a loss of 415 483 €. The company was profitable in 5 of the 8 published years. In 2025 the company had 96 employees (87 a year earlier). Revenue per employee was 104 962 €. At the end of 2025, total assets were 4 353 584 € and equity 3 123 921 € (71,8% of assets).
Management and owners
The company has one board member. The sole owner of the company is a private individual. The company holds stakes in 13 active Latvian companies.
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.