QWQER EU SIAActive
Key figures
Ratios
2025Balance sheet structure
Dividends
calculatedNo dividends were paid.
Summary of financial statements2013–2025
| 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Balance sheet — assets | |||||||||||||
| Total current assets | 11 554 | 216 793 | 147 492 | 83 931 | 19 488 | 12 661 | 11 115 | 46 842 | 53 512 | 69 470 | 116 587 | 126 946 | 103 398 |
| Total non-current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 2580 | 12 636 | 23 199 | 24 973 | 17 523 | 14 966 |
| Total assets | 11 554 | 216 793 | 147 492 | 83 931 | 19 488 | 12 661 | 11 115 | 49 422 | 66 148 | 92 669 | 141 560 | 144 469 | 118 364 |
| Balance sheet — liabilities and equity | |||||||||||||
| Current liabilities | 100 | 2005 | 1834 | 2068 | 5559 | 6334 | 11 803 | 43 071 | 84 091 | 202 874 | 139 696 | 157 716 | 160 606 |
| Non-current liabilities | 0 | 0 | 0 | 0 | 0 | 75 000 | 75 000 | 77 250 | 79 500 | 0 | 0 | 0 | 0 |
| Total liabilities | 100 | 2005 | 1834 | 2068 | 5559 | 81 334 | 86 803 | 120 321 | 163 591 | 202 874 | 139 696 | 157 716 | 160 606 |
| Share capital | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Retained earnings of previous periods | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Profit for the year | -8424 | -23 642 | -69 931 | -62 577 | -67 934 | -74 744 | -7015 | 4789 | -26 544 | -12 762 | 112 069 | -15 111 | -28 995 |
| Total equity | 11 454 | 214 371 | 144 440 | 81 863 | 13 929 | -68 673 | -75 688 | -70 899 | -97 443 | -110 205 | 1864 | -13 247 | -42 242 |
| Income statement | |||||||||||||
| Sales revenue | 0 | 0 | 0 | 0 | 0 | 0 | 90 911 | 236 734 | 517 643 | 1 191 953 | 1 135 236 | 1 122 089 | 877 010 |
| Operating profit | -8424 | -23 641 | -69 931 | -62 577 | -67 934 | -74 744 | -7015 | 5352 | -19 816 | 7637 | 119 459 | -10 668 | -17 287 |
| Profit before income tax | -8424 | -23 642 | -69 931 | -62 577 | -67 934 | -74 744 | -7015 | 5352 | -25 303 | -7858 | 112 318 | -15 088 | -28 351 |
| Profit for the reporting year | -8424 | -23 642 | -69 931 | -62 577 | -67 934 | -74 744 | -7015 | 4789 | -26 544 | -12 762 | 112 069 | -15 111 | -28 995 |
| Labour costs | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Depreciation of non-current assets | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Other indicators | |||||||||||||
| Employees | 0 | 1 | 1 | 1 | 1 | 1 | 3 | 7 | 8 | 11 | 12 | 13 | 10 |
| Calculated dividend | — | 0 | 0 | 0 | 0 | 7858 | 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: QWQER EU SIA
Overview
QWQER EU SIA (reg. no. 40103636656) is a limited liability company. The company was registered in 2013 and has been in the register for 13 years. Registered address: Rīga, Vienības gatve 109.
Financial results
Revenue in 2025 was 877 010 €, down 21,8% on the previous year (1 122 089 €). 2025 ended with a loss of 28 995 €. The company was profitable in 2 of the 13 published years. In 2025 the company had 10 employees (13 a year earlier). Revenue per employee was 87 701 €.
Management and owners
The company has one board member. According to the register, the company has 2 owners. The largest stake (90%) is held by TANNCAM INVESTMENT PTE. LTD..
Points to note
Equity was negative at the end of 2025 (-42 242 €).
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.