Company · 64.21 · Financial services, except insurance and pension funding

SIA WESTAREST

Address confidence: Confirmed

Show on the map Find website Sector: Finance and insurance

Turnover · 2025

10.1 M €

+16% vs previous year

Employees

Turnover per employee: 105 k €

Taxes paid · 2024

2 k €

Payroll fund / employees: 42 €

Payroll fund · 2024 estimate

4 k €

Wage estimate, gross: 111 €

Tax breakdown · 2026 Q3

Total paid to VID 800 €

Personal income tax 320 €

Social contributions 480 €

VAT paid · after deductions 0 €

VAT refunded by the state 0 €

Quarterly history

Quarter	Total paid to VID	Personal income tax	Social contributions	VAT paid · after deductions	VAT refunded by the state
2026 Q3	800 €	320 €	480 €	0 €	0 €
2026 Q2	800 €	320 €	480 €	0 €	0 €
2026 Q1	630 €	250 €	370 €	0 €	0 €
2025 Q4	630 €	250 €	370 €	0 €	0 €
2024	2 k €	840 €	1 k €	—	—
2023	980 €	370 €	600 €	—	—
2022	960 €	370 €	580 €	—	—

Financial health · From the 2025 balance sheet

Net profit-415483 €

Total assets4.4 M €

Equity3.1 M €

Current ratio3.8

Quick ratio2.6

Debt to equity0.4

Equity ratio71.8%

Return on assets-9.5%

Return on equity-13.3%

Cross-section against the peer median

Compared with companies under NACE code 64.21 — 24.

Turnover

÷1.1

10.1 M € 11.2 M €

Employees

×1.9

96 50

Taxes paid

÷2.4

800 € 2 k €

Payroll

÷2.4

4 k € 10 k €

Logarithmic scale

÷10÷3×1×3×10

Position among peers

Turnover

above 46% of peers

Employees

above 67% of peers

This company Peer median · 24

Indicators

Turnover per employee 105 k € ×0.5 of the median

Margin -4.1%

Year on year +16%

Payroll fund estimate 4 k €

Registration number 40203128646

Registered address Ropažu nov., Garkalnes pag., Berģi, Jaunā Līgo iela 31

panel.caveats

Building coordinate from the State Address Register. Figures come from public registers. Wage, export share and address confidence are estimates and are always labelled as such.

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Filed annual reports

Figures the company filed itself. Bar length shows size within the column; the longest is its best year. An empty cell means no report for that year — not a zero.

Year	Turnover	Net profit	Assets	Employees
2025	10.1 M €	-415483 €	4.4 M €	96
2024	8.7 M €	-232643 €	4.5 M €	87
2023	8.7 M €	834 k €	5.1 M €	83
2022	8.5 M €	545 k €	4.6 M €	75
2021	0 €	46 k €	120 k €	2
2020	0 €	6 k €	119 k €	2

Source: annual reports from the Register of Enterprises, as filed. A missing year is a missing report, not a loss.

Foreign trade of the industry · 2025

All companies in division 64 — Financial services, except insurance and pension funding — not this company. Trade by individual firms is not published by law; by industry it is.

Industry goods exports

9.5 M €

Industry goods imports

13.6 M €

Exported most: Vehicles and transport equipment — 4.4 M €, Machinery and electrical equipment — 3.2 M €, Precious stones and metals — 1.6 M €

Source: Official Statistics of Latvia, table ATN011, goods trade by the activity of the trading enterprise. “Not published” means the figure would identify a single firm — it is not a zero.