SIA "Xair"Active
Key figures
Ratios
2025Balance sheet structure
Dividends
calculatedPaid out in dividends approximately 31 250 € (10% of equity at the end of the previous year).
Low confidence: the company does not file a cash flow statement, so the amount is an estimate from changes in equity — it may also include other reductions of equity (e.g. a share capital reduction).
Summary of financial statements2013–2025
| 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Balance sheet — assets | |||||||||||||
| Total current assets | 33 214 | 112 420 | 200 953 | 1627 | 15 986 | 623 995 | 511 534 | 400 865 | 418 526 | 2 494 822 | 1 127 055 | 443 771 | 372 544 |
| Total non-current assets | 8556 | 3764 | 180 045 | 143 714 | 107 375 | 71 673 | 71 673 | 0 | 1280 | 19 580 | 56 077 | 13 729 | 28 526 |
| Total assets | 41 770 | 116 184 | 380 998 | 145 341 | 123 361 | 695 668 | 583 207 | 400 865 | 419 806 | 2 514 402 | 1 183 132 | 457 500 | 401 070 |
| Balance sheet — liabilities and equity | |||||||||||||
| Current liabilities | 38 983 | 112 060 | 291 670 | 83 865 | 79 468 | 606 713 | 450 284 | 130 901 | 1431 | 2 039 423 | 195 700 | 103 430 | 144 680 |
| Non-current liabilities | 0 | 4360 | 23 312 | 26 270 | 24 409 | 11 577 | 8522 | 365 | 164 859 | 173 241 | 114 357 | 52 668 | 151 855 |
| Total liabilities | 38 983 | 116 420 | 314 982 | 110 135 | 103 877 | 618 290 | 458 806 | 131 266 | 166 290 | 2 212 664 | 310 057 | 156 098 | 296 535 |
| Share capital | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Retained earnings of previous periods | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Profit for the year | 787 | -4202 | 66 252 | -30 809 | -15 942 | 58 114 | 47 023 | 145 198 | -16 083 | 48 222 | 571 337 | -571 673 | -165 617 |
| Total equity | 2787 | -236 | 66 016 | 35 206 | 19 264 | 77 378 | 124 401 | 269 599 | 253 516 | 301 738 | 873 075 | 301 402 | 104 535 |
| Income statement | |||||||||||||
| Sales revenue | 38 150 | 723 884 | 654 552 | 89 769 | 52 582 | 1 642 351 | 388 768 | 688 112 | 54 759 | 4 506 776 | 9 599 760 | 1 843 743 | 1 847 834 |
| Operating profit | 787 | -5855 | 68 774 | -30 591 | -15 692 | 58 166 | 47 025 | 145 198 | -16 083 | 48 222 | 621 337 | -521 673 | -161 977 |
| Profit before income tax | 787 | -3683 | 66 252 | -30 809 | -15 942 | 58 114 | 47 023 | 145 198 | -16 083 | 48 222 | 621 337 | -521 673 | -161 977 |
| Profit for the reporting year | 787 | -4202 | 66 252 | -30 809 | -15 942 | 58 114 | 47 023 | 145 198 | -16 083 | 48 222 | 571 337 | -571 673 | -165 617 |
| Labour costs | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Depreciation of non-current assets | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Other indicators | |||||||||||||
| Employees | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 2 | 3 | 5 | 2 |
| Calculated dividend | — | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 31 250 |
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 "Xair"
Overview
SIA "Xair" (reg. no. 40103657677) is a limited liability company. The company was registered in 2013 and has been in the register for 13 years. Registered address: Rīga, Ģertrūdes iela 42 - 4.
Financial results
Revenue in 2025 was 1 847 834 €, on a par with the previous year. From 2013 to 2025, revenue grew by an average of 38,2% per year. 2025 ended with a loss of 165 617 €. The company was profitable in 7 of the 13 published years. In 2025 the company had 2 employees (5 a year earlier). Revenue per employee was 923 917 €. At the end of 2025, total assets were 401 070 € and equity 104 535 € (26,1% of assets).
Management and owners
The company has one board member. The sole owner of the company is a private individual.
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.