Latvia Cross-Border E-Commerce Hub SIAActive
Key figures
Ratios
2025Balance sheet structure
Summary of financial statements2018–2025
| 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|---|---|---|---|
| Balance sheet — assets | ||||||||
| Total current assets | 13 | 0 | 224 650 | 163 461 | 388 989 | 203 347 | 115 393 | 113 787 |
| Total non-current assets | 0 | 0 | 59 304 | 122 867 | 170 198 | 293 264 | 341 789 | 291 420 |
| Total assets | 13 | 0 | 283 954 | 286 328 | 559 187 | 496 611 | 457 182 | 405 207 |
| Balance sheet — liabilities and equity | ||||||||
| Current liabilities | 56 | 10 535 | 235 | 3986 | 2033 | 592 | 1577 | 101 |
| Non-current liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total liabilities | 56 | 10 535 | 235 | 3986 | 2033 | 592 | 1577 | 101 |
| Share capital | — | — | — | — | — | — | — | — |
| Retained earnings of previous periods | — | — | — | — | — | — | — | — |
| Profit for the year | -53 | -10 492 | 291 463 | -1377 | 274 812 | -61 135 | -40 414 | -50 499 |
| Total equity | -43 | -10 535 | 283 719 | 282 342 | 557 154 | 496 019 | 455 605 | 405 106 |
| Income statement | ||||||||
| Sales revenue | 0 | 45 989 | 1 384 134 | 0 | 1 482 040 | 360 296 | 32 405 | 62 996 |
| Operating profit | -53 | -10 493 | 291 463 | -21 327 | 274 812 | -61 135 | -40 414 | -50 499 |
| Profit before income tax | -53 | -10 492 | 291 463 | -1327 | 274 812 | -61 135 | -40 414 | -50 499 |
| Profit for the reporting year | -53 | -10 492 | 291 463 | -1377 | 274 812 | -61 135 | -40 414 | -50 499 |
| Labour costs | — | — | — | — | — | — | — | — |
| Depreciation of non-current assets | — | — | — | — | — | — | — | — |
| Other indicators | ||||||||
| Employees | 0 | 1 | 1 | 0 | 0 | 1 | 1 | 0 |
| Calculated dividend | — | 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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Related companies
- Get More Food SIA — 50%
- SIA China Food — 20%
- SIA "MGVR" — 15%
- Zigmi Media SIA — 8,7%
Summary: Latvia Cross-Border E-Commerce Hub SIA
Overview
Latvia Cross-Border E-Commerce Hub SIA (reg. no. 40203105573) is a limited liability company. The company was registered in 2017 and has been in the register for 8 years. Registered address: Jūrmala, Lašu iela 6 k-2.
Financial results
Revenue in 2025 was 62 996 €, up 94,4% on the previous year (32 405 €). 2025 ended with a loss of 50 499 €. The company was profitable in 2 of the 8 published years. According to the report, the company had no employees in 2025. At the end of 2025, total assets were 405 207 € and equity 405 106 € (100,0% of assets).
Management and owners
The company has one board member. The sole owner of the company is a private individual. The company holds stakes in 4 active Latvian companies.
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.