SIA "West Baltic Group"Active
Key figures
Ratios
2025Balance sheet structure
Summary of financial statements2018–2025
| 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|---|---|---|---|
| Balance sheet — assets | ||||||||
| Total current assets | 27 645 | 62 319 | 172 990 | 111 970 | 993 179 | 508 263 | 761 625 | 530 056 |
| Total non-current assets | 0 | 0 | 0 | 0 | 40 850 | 95 302 | 73 341 | 1 316 582 |
| Total assets | 27 645 | 62 319 | 172 990 | 111 970 | 1 034 029 | 603 565 | 834 966 | 1 846 638 |
| Balance sheet — liabilities and equity | ||||||||
| Current liabilities | 5001 | 19 091 | 109 649 | 20 275 | 601 420 | 414 230 | 574 146 | 1 512 013 |
| Non-current liabilities | 0 | 0 | 0 | 0 | 286 982 | 0 | 0 | 0 |
| Total liabilities | 5001 | 19 091 | 109 649 | 20 275 | 888 402 | 414 230 | 574 146 | 1 512 013 |
| Share capital | — | — | — | — | — | — | — | — |
| Retained earnings of previous periods | — | — | — | — | — | — | — | — |
| Profit for the year | 19 844 | 20 584 | 20 113 | 28 354 | 53 932 | 43 708 | 71 485 | 73 805 |
| Total equity | 22 644 | 43 228 | 63 341 | 91 695 | 145 627 | 189 335 | 260 820 | 334 625 |
| Income statement | ||||||||
| Sales revenue | 237 493 | 516 952 | 3 223 021 | 3 476 025 | 9 795 123 | 141 124 | 258 645 | 986 424 |
| Operating profit | -70 156 | 21 050 | 21 913 | 29 883 | 91 600 | 79 270 | 74 939 | 75 080 |
| Profit before income tax | 19 844 | 20 584 | 20 113 | 28 354 | 53 932 | 43 708 | 71 485 | 73 805 |
| Profit for the reporting year | 19 844 | 20 584 | 20 113 | 28 354 | 53 932 | 43 708 | 71 485 | 73 805 |
| Labour costs | — | — | — | — | — | — | — | — |
| Depreciation of non-current assets | — | — | — | — | — | — | — | — |
| Other indicators | ||||||||
| Employees | 1 | 1 | 2 | 2 | 3 | 3 | 5 | 5 |
| Calculated dividend | — | 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.
Connections graph
Click a node to see its other connections.
Related companies
- SIA "EFFETTO" — 2 shared people
- SIA "WBG FOUNDRY" — 2 shared people
- Sabiedrība ar ierobežotu atbildību "Bubbles Bay Baltic" — 2 shared people
- "Džudo klubs Mārupe"
- SIA "Kasco Racing"
- SIA "Kurzemes mežniecība"
- SIA "SMAILE L"
- SIA "STREAM ALLIANCE"
- SIA "U.OSVALDA ASPB"
- SIA "Velves L"
- Sabiedrība ar ierobežotu atbildību "Baritons"
Summary: SIA "West Baltic Group"
Overview
SIA "West Baltic Group" (reg. no. 42103082588) is a limited liability company. The company was registered in 2018 and has been in the register for 8 years. Registered address: Liepāja, Brīvības iela 103.
Financial results
Revenue in 2025 was 986 424 €, up 281% on the previous year (258 645 €). From 2018 to 2025, revenue grew by an average of 22,6% per year. Net profit for 2025 was 73 805 € (7,5% of revenue). The company was profitable in all 8 published years. In 2025 the company had 5 employees. Revenue per employee was 197 285 €. At the end of 2025, total assets were 1 846 638 € and equity 334 625 € (18,1% of assets).
Management and owners
The board has 2 members. According to the register, the company has 2 owners. The largest stake (50%) is held by 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.