SIA "RIXAIRLINES"Active
Key figures
Ratios
2025Balance sheet structure
Summary of financial statements2011–2025
| 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Balance sheet — assets | |||||||||||||||
| Total current assets | 645 | 568 | 58 | 170 913 | 48 407 | 39 978 | 397 210 | 482 743 | 420 757 | 570 328 | 852 116 | 46 408 | 38 343 | 23 412 | 18 315 |
| Total non-current assets | 1545 | 1222 | 723 | 1 465 594 | 1 387 414 | 1 372 372 | 88 075 | 2 626 163 | 2 452 814 | 2 228 904 | 2 036 622 | 14 943 | 1852 | 0 | 0 |
| Total assets | 2190 | 1790 | 781 | 1 636 507 | 1 435 821 | 1 412 350 | 485 285 | 3 108 906 | 2 873 571 | 2 799 232 | 2 888 738 | 61 351 | 40 195 | 23 412 | 18 315 |
| Balance sheet — liabilities and equity | |||||||||||||||
| Current liabilities | 1403 | 4980 | 5220 | 217 778 | 50 930 | 62 957 | 35 959 | 76 214 | 335 737 | 568 434 | 734 765 | 29 167 | 28 909 | 11 672 | 10 635 |
| Non-current liabilities | 0 | 0 | 0 | 1 683 373 | 2 020 495 | 2 232 577 | 1 434 656 | 3 744 299 | 3 715 956 | 3 431 860 | 3 025 583 | 705 741 | 665 800 | 664 800 | 633 800 |
| Total liabilities | 1403 | 4980 | 5220 | 1 901 151 | 2 071 425 | 2 295 534 | 1 470 615 | 3 820 513 | 4 051 693 | 4 000 294 | 3 760 348 | 734 908 | 694 709 | 676 472 | 644 435 |
| Share capital | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Retained earnings of previous periods | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Profit for the year | -1213 | -3977 | -1249 | -258 328 | -370 960 | -247 580 | -102 146 | -188 277 | -466 515 | -22 940 | 329 452 | 198 053 | 19 043 | 1456 | 26 939 |
| Total equity | 787 | -3190 | -4439 | -264 644 | -635 604 | -883 184 | -985 330 | -711 607 | -1 178 122 | -1 201 062 | -871 610 | -673 557 | -654 514 | -653 060 | -626 120 |
| Income statement | |||||||||||||||
| Sales revenue | 642 | 1380 | 0 | 146 160 | 174 021 | 135 298 | 142 332 | 87 285 | 126 948 | 464 566 | 780 763 | 159 468 | 159 324 | 119 100 | 117 000 |
| Operating profit | -1213 | -3977 | -1249 | -234 933 | -310 396 | -231 788 | -81 876 | -169 678 | -362 235 | 49 038 | 375 311 | 198 054 | 19 053 | 1475 | 26 973 |
| Profit before income tax | -1213 | -3977 | -1249 | -258 328 | -370 960 | -247 580 | -102 146 | -185 022 | -445 652 | -8526 | 338 635 | 198 054 | 19 053 | 1475 | 26 973 |
| Profit for the reporting year | -1213 | -3977 | -1249 | -258 328 | -370 960 | -247 580 | -102 146 | -188 277 | -466 515 | -22 940 | 329 452 | 198 053 | 19 043 | 1456 | 26 939 |
| Labour costs | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Depreciation of non-current assets | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Other indicators | |||||||||||||||
| Employees | 3 | 3 | 2 | 3 | 3 | 4 | 5 | 8 | 8 | 6 | 4 | 4 | 3 | 2 | 2 |
| Calculated dividend | — | 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 "RIXAIRLINES"
Overview
SIA "RIXAIRLINES" (reg. no. 40103449235) is a limited liability company. The company was registered in 2011 and has been in the register for 15 years. Registered address: Rīga, Lielirbes iela 1.
Financial results
Revenue in 2025 was 117 000 €, down 1,8% on the previous year (119 100 €). From 2011 to 2025, revenue grew by an average of 45,0% per year. Net profit for 2025 was 26 939 € (23,0% of revenue). The company was profitable in 5 of the 15 published years. In 2025 the company had 2 employees. Revenue per employee was 58 500 €.
Management and owners
The company has one board member. According to the register, the company has 2 owners. The largest stake (99,4%) is held by Hadar Holdings Limited.
Points to note
Equity was negative at the end of 2025 (-626 120 €).
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.