SIA "X1"Active
Key figures
Ratios
2025Balance sheet structure
Summary of financial statements2008–2025
| 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Balance sheet — assets | ||||||||||||||||||
| Total current assets | 263 253 | 0 | 0 | 1 | 1 | 1 | 222 060 | 511 778 | 121 486 | 92 185 | 204 778 | 174 380 | 175 161 | 208 249 | 1 501 141 | 1 149 233 | 1 006 345 | 1 003 454 |
| Total non-current assets | 1 360 167 | 0 | 0 | 0 | 0 | 0 | 5 241 923 | 5 323 515 | 5 185 848 | 5 098 975 | 4 763 874 | 4 641 336 | 4 512 454 | 4 408 564 | 3 339 708 | 3 022 281 | 2 929 848 | 2 837 300 |
| Total assets | 1 623 420 | 0 | 0 | 1 | 1 | 1 | 5 463 983 | 5 835 293 | 5 307 334 | 5 191 160 | 4 968 652 | 4 815 716 | 4 687 615 | 4 616 813 | 4 840 849 | 4 171 514 | 3 936 193 | 3 840 754 |
| Balance sheet — liabilities and equity | ||||||||||||||||||
| Current liabilities | 103 040 | 0 | 0 | 1 | 1 | 1 | 48 127 | 69 789 | 74 547 | 65 284 | 48 302 | 9684 | 11 312 | 7828 | 11 141 | 9237 | 22 639 | 24 262 |
| Non-current liabilities | 1 564 789 | 0 | 0 | 0 | 0 | 0 | 5 304 814 | 6 391 080 | 6 014 398 | 6 061 698 | 5 839 610 | 5 829 935 | 5 829 935 | 5 876 935 | 6 201 935 | 5 719 151 | 5 090 623 | 5 091 823 |
| Total liabilities | 1 667 829 | 0 | 0 | 1 | 1 | 1 | 5 352 941 | 6 460 869 | 6 088 945 | 6 126 982 | 5 887 912 | 5 839 619 | 5 841 247 | 5 884 763 | 6 213 076 | 5 728 388 | 5 113 262 | 5 116 085 |
| Share capital | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Retained earnings of previous periods | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Profit for the year | -96 882 | 0 | 0 | 0 | 0 | 0 | 888 | -147 073 | -154 448 | -154 211 | -83 438 | -104 643 | -129 729 | -114 318 | -104 277 | -184 647 | 379 805 | -98 262 |
| Total equity | -82 447 | 0 | 0 | 0 | 0 | 0 | 111 042 | -627 163 | -781 611 | -935 822 | -919 260 | -1 023 903 | -1 153 632 | -1 267 950 | -1 372 227 | -1 556 874 | -1 177 069 | -1 275 331 |
| Income statement | ||||||||||||||||||
| Sales revenue | 168 673 | 0 | 0 | 0 | 0 | 0 | 145 785 | 178 339 | 390 854 | 403 989 | 177 679 | 130 248 | 123 140 | 109 091 | 610 041 | 54 928 | 59 300 | 130 800 |
| Operating profit | -63 084 | 0 | 0 | 0 | 0 | 0 | 23 982 | -137 216 | -154 448 | -154 211 | -79 521 | -100 998 | -125 379 | -107 605 | -98 451 | -172 615 | 388 449 | -91 607 |
| EBITDA | — | — | 0 | — | — | 0 | — | — | — | — | — | — | — | — | — | — | — | — |
| Profit before income tax | -62 848 | 0 | 0 | 0 | 0 | 0 | 9091 | -133 841 | -154 448 | -154 211 | -79 521 | -100 998 | -125 379 | -107 605 | -98 451 | -179 831 | 386 848 | -92 807 |
| Profit for the reporting year | -96 882 | 0 | 0 | 0 | 0 | 0 | 888 | -147 073 | -154 448 | -154 211 | -83 438 | -104 643 | -129 729 | -114 318 | -104 277 | -184 647 | 379 805 | -98 262 |
| Labour costs | — | — | 0 | — | — | 0 | — | — | — | — | — | — | — | — | — | — | — | — |
| Depreciation of non-current assets | — | — | 0 | — | — | 0 | — | — | — | — | — | — | — | — | — | — | — | — |
| Other indicators | ||||||||||||||||||
| Employees | 2 | 1 | 2 | 0 | 0 | 0 | 2 | 3 | 2 | 2 | 2 | 1 | 1 | 1 | 2 | 2 | 2 | 2 |
| Calculated dividend | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 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.
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Summary: SIA "X1"
Overview
SIA "X1" (reg. no. 40003732945) is a limited liability company. The company was registered in 2005 and has been in the register for 21 years. Registered address: Rīga, Augusta Deglava iela 166A.
Financial results
Revenue in 2025 was 130 800 €, up 121% on the previous year (59 300 €). From 2008 to 2025, revenue declined by an average of 1,5% per year. 2025 ended with a loss of 98 262 €. The company was profitable in 2 of the 18 published years. In 2025 the company had 2 employees. Revenue per employee was 65 400 €.
Management and owners
The company has one board member. The sole owner of the company is FIN INTELLIGENT VISION CONSULTANTS LIMITED.
Points to note
Equity was negative at the end of 2025 (-1 275 331 €).
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.