SIA "XO Solutions LTD"Active
Key figures
Ratios
2024Balance sheet structure
Summary of financial statements2015–2024
| 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Balance sheet — assets | ||||||||||
| Total current assets | 2453 | 8477 | 34 010 | 37 463 | 85 638 | 146 316 | 266 651 | 86 471 | 234 673 | 440 731 |
| Total non-current assets | 1755 | 2513 | 1151 | 983 | 13 795 | 10 565 | 7549 | 19 562 | 13 513 | 8408 |
| Total assets | 4208 | 10 990 | 35 161 | 38 446 | 99 433 | 156 881 | 274 200 | 106 033 | 248 186 | 449 139 |
| Balance sheet — liabilities and equity | ||||||||||
| Current liabilities | 10 025 | 8365 | 58 774 | 68 351 | 130 638 | 197 189 | 290 621 | 54 778 | 388 877 | 494 266 |
| Non-current liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total liabilities | 10 025 | 8365 | 58 774 | 68 351 | 130 638 | 197 189 | 290 621 | 54 778 | 388 877 | 494 266 |
| Share capital | — | — | — | — | — | — | — | — | — | — |
| Retained earnings of previous periods | — | — | — | — | — | — | — | — | — | — |
| Profit for the year | -6215 | 8740 | -26 238 | -6292 | -1300 | -9103 | 23 887 | 67 677 | -191 946 | 95 564 |
| Total equity | -6115 | 2625 | -23 613 | -29 905 | -31 205 | -40 308 | -16 421 | 51 255 | -140 691 | -45 127 |
| Income statement | ||||||||||
| Sales revenue | 25 934 | 119 253 | 109 323 | 125 939 | 119 629 | 0 | 34 000 | 512 675 | 354 713 | 143 701 |
| Operating profit | -5885 | 8740 | -24 420 | -6292 | -1300 | -9438 | 24 042 | 70 357 | -190 291 | 95 666 |
| Profit before income tax | -6215 | 8740 | -26 238 | -6292 | -1300 | -9103 | 23 887 | 67 677 | -191 946 | 95 564 |
| Profit for the reporting year | -6215 | 8740 | -26 238 | -6292 | -1300 | -9103 | 23 887 | 67 677 | -191 946 | 95 564 |
| Labour costs | — | — | — | — | — | — | — | — | — | — |
| Depreciation of non-current assets | — | — | — | — | — | — | — | — | — | — |
| Other indicators | ||||||||||
| Employees | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 |
| Calculated dividend | — | 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 "XO Solutions LTD"
Overview
SIA "XO Solutions LTD" (reg. no. 40103878793) is a limited liability company. The company was registered in 2015 and has been in the register for 11 years. Registered address: Rīga, Ausekļa iela 2 - 37.
Financial results
Revenue in 2024 was 143 701 €, down 59,5% on the previous year (354 713 €). From 2015 to 2024, revenue grew by an average of 21,0% per year. Net profit for 2024 was 95 564 € (66,5% of revenue). The company was profitable in 4 of the 10 published years. In 2024 the company had 1 employees. Revenue per employee was 143 701 €.
Management and owners
The company has one board member. The sole owner of the company is a private individual.
Points to note
Equity was negative at the end of 2024 (-45 127 €).
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.