Company overview
Basic information
Company name
WEST OIL, UAB
Company code
164697641
VAT code
LT646976410
Registered address
Klaipėda, Pilies g. 8, LT-91234
Registration date
2002-01-30
Company age: 24 y. 9 mo.
Contact information
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Phone
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Email
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Website
https://westoil.lt
Company manager
For registered members only
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Indicators
Risk factors
Activity
Legal form
Private Limited Liability Company
NACE activity
Wholesale of liquid fuel
Ownership form
Private without foreign capital
Uždaroji akcinė bendrovė "WEST OIL"
Company code: 164697641
Address: Klaipėda, Pilies g. 8, LT-91234
VAT code: LT646976410
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Description
This description was generated by artificial intelligence.
WEST OIL, UAB (company code 164697641) is an operational private limited liability company registered in 2002. It belongs to the sector of national private non-financial companies and is described as privately owned, with more than 50% of authorised capital held by Lithuanian natural and legal persons and no foreign investor capital. The company is governed by a CEO only and is classified as medium-sized. Its main activity is wholesale of liquid fuel (EVRK code G.46.81.20). The company is located in Klaipeda, at Pilies g. 8, in Klaipeda district municipality, Klaipeda County.
Financially, WEST OIL recorded revenue of EUR 19.94 million in 2025, up from EUR 6.73 million in 2024 and EUR 6.87 million in 2023. Net profit reached EUR 306.7 thousand in 2025, while profit before tax was EUR 365.7 thousand; the profit margin remained at 1.5%. Equity increased to EUR 974.9 thousand, total assets were EUR 2.50 million, and liabilities stood at EUR 1.53 million. The latest metrics show a strong rise in revenue and stable profitability. The company’s average workforce decreased to 7 in 2025 and to 5 so far in 2026, while average monthly wages increased from EUR 1,514.98 in 2025 to EUR 1,856.00 so far in 2026.
Financially, WEST OIL recorded revenue of EUR 19.94 million in 2025, up from EUR 6.73 million in 2024 and EUR 6.87 million in 2023. Net profit reached EUR 306.7 thousand in 2025, while profit before tax was EUR 365.7 thousand; the profit margin remained at 1.5%. Equity increased to EUR 974.9 thousand, total assets were EUR 2.50 million, and liabilities stood at EUR 1.53 million. The latest metrics show a strong rise in revenue and stable profitability. The company’s average workforce decreased to 7 in 2025 and to 5 so far in 2026, while average monthly wages increased from EUR 1,514.98 in 2025 to EUR 1,856.00 so far in 2026.