SIA "XOresearch"Active
Key figures
Ratios
2025Balance sheet structure
Summary of financial statements2016–2025
| 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Balance sheet — assets | ||||||||||
| Total current assets | 7971 | 15 962 | 42 750 | 11 396 | 2193 | 2793 | 23 978 | 17 709 | 32 286 | 79 298 |
| Total non-current assets | 0 | 8212 | 4463 | 714 | 223 | 198 | 12 358 | 61 333 | 135 809 | 212 589 |
| Total assets | 7971 | 24 174 | 47 213 | 12 110 | 2416 | 2991 | 36 336 | 79 042 | 168 095 | 291 887 |
| Balance sheet — liabilities and equity | ||||||||||
| Current liabilities | 7746 | 12 804 | 790 | 384 | 50 | 14 559 | 35 989 | 37 052 | 288 242 | 19 772 |
| Non-current liabilities | 0 | 63 158 | 39 335 | 8937 | 0 | 0 | 0 | 0 | 0 | 506 652 |
| Total liabilities | 7746 | 75 962 | 40 125 | 9321 | 50 | 14 559 | 35 989 | 37 052 | 288 242 | 526 424 |
| Share capital | — | — | — | — | — | — | — | — | — | — |
| Retained earnings of previous periods | — | — | — | — | — | — | — | — | — | — |
| Profit for the year | -2575 | -52 013 | 58 876 | -4299 | -424 | -13 934 | 11 915 | 41 643 | -162 137 | -114 390 |
| Total equity | 225 | -51 788 | 7088 | 2789 | 2366 | -11 568 | 347 | 41 990 | -120 147 | -234 537 |
| Income statement | ||||||||||
| Sales revenue | 0 | 2025 | 70 605 | 8256 | 0 | 2902 | 53 409 | 177 977 | 36 000 | 65 250 |
| Operating profit | -2566 | -53 597 | 59 357 | -4482 | -5634 | -13 848 | 12 503 | 42 904 | -156 416 | -95 557 |
| Profit before income tax | -2575 | -51 963 | 59 195 | -4299 | -374 | -13 884 | 12 033 | 41 924 | -162 137 | -110 621 |
| Profit for the reporting year | -2575 | -52 013 | 58 876 | -4299 | -424 | -13 934 | 11 915 | 41 643 | -162 137 | -114 390 |
| Labour costs | — | — | — | — | — | — | — | — | — | — |
| Depreciation of non-current assets | — | — | — | — | — | — | — | — | — | — |
| Other indicators | ||||||||||
| Employees | 1 | 1 | 1 | 0 | 0 | 0 | 1 | 2 | 2 | 2 |
| 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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Related companies
- HOLTER.ONE SIA — 100%
Summary: SIA "XOresearch"
Overview
SIA "XOresearch" (reg. no. 50103912671) is a limited liability company. The company was registered in 2015 and has been in the register for 11 years. Registered address: Rīga, Republikas laukums 3 - 225.
Financial results
Revenue in 2025 was 65 250 €, up 81,3% on the previous year (36 000 €). 2025 ended with a loss of 114 390 €. The company was profitable in 3 of the 10 published years. In 2025 the company had 2 employees. Revenue per employee was 32 625 €.
Management and owners
The company has one board member. According to the register, the company has 2 owners. The largest stake (50%) is held by a private individual. The company holds a stake in one other active Latvian company.
Points to note
Equity was negative at the end of 2025 (-234 537 €).
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.