SIA WesteadActive
Key figures
Ratios
2025Balance sheet structure
Dividends
calculatedNo dividends were paid.
Summary of financial statements2020–2025
| 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|---|---|
| Balance sheet — assets | ||||||
| Total current assets | 21 956 | 17 261 | 20 125 | 21 182 | 16 589 | 14 724 |
| Total non-current assets | 0 | 13 543 | 11 364 | 10 785 | 7900 | 6006 |
| Total assets | 21 956 | 30 804 | 31 489 | 31 967 | 24 489 | 20 730 |
| Balance sheet — liabilities and equity | ||||||
| Current liabilities | 3362 | 9395 | 14 283 | 51 721 | 36 714 | 28 457 |
| Non-current liabilities | 0 | 0 | 0 | 0 | 0 | 8385 |
| Total liabilities | 3362 | 9395 | 14 283 | 51 721 | 36 714 | 36 842 |
| Share capital | — | — | — | — | — | — |
| Retained earnings of previous periods | — | — | — | — | — | — |
| Profit for the year | 15 794 | 2815 | -4203 | -30 339 | -3822 | -3887 |
| Total equity | 18 594 | 21 409 | 17 206 | -19 754 | -12 225 | -16 112 |
| Income statement | ||||||
| Sales revenue | 76 656 | 217 736 | 139 642 | 184 591 | 33 156 | 3977 |
| Operating profit | 15 794 | 2815 | -4203 | -30 339 | -3822 | -3887 |
| Profit before income tax | 15 794 | 2815 | -4203 | -30 339 | -3822 | -3887 |
| Profit for the reporting year | 15 794 | 2815 | -4203 | -30 339 | -3822 | -3887 |
| Labour costs | — | — | — | — | — | — |
| Depreciation of non-current assets | — | — | — | — | — | — |
| Other indicators | ||||||
| Employees | 3 | 5 | 4 | 5 | 3 | 1 |
| Calculated dividend | — | 0 | 0 | 6621 | 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 Westead
Overview
SIA Westead (reg. no. 45403057924) is a limited liability company. The company was registered in 2020 and has been in the register for 6 years. Registered address: Daugavpils, Stacijas iela 117 - 6.
Financial results
Revenue in 2025 was 3977 €, down 88,0% on the previous year (33 156 €). From 2020 to 2025, revenue declined by an average of 44,7% per year. This is the company's lowest revenue among the published years (2020–2025). 2025 ended with a loss of 3887 €. The company was profitable in 2 of the 6 published years. In 2025 the company had 1 employees (3 a year earlier). Revenue per employee was 3977 €.
Management and owners
The company has one board member. The sole owner of the company is a private individual.
Points to note
Equity was negative at the end of 2025 (-16 112 €).
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.