In 2024, Arcxo Group SIA had revenue of 6.3 million EUR and profit of 651.6 thousand EUR. The company has 8 employees. Beneficial owners: Jari-Pekka Kiiski, Mihails Valovs, Pasi Tapani Pekkanen.
| year | 2024Latest | 2023 | 2022 |
|---|---|---|---|
Revenue | 6,3m € -2.9% | 6,5m € +117.7% | 3m € -59.6% |
Profit | 651,6k € +29.9% | 501,4k € +246.1% | -343,1k € -133.5% |
Assets | 4,4m € +107.9% | 2,1m € +9.7% | 1,9m € -49.9% |
Liabilities | 2,7m € +166.6% | 1m € -5.9% | 1,1m € -61.7% |
Equity | 1,6m € +68.8% | 946,6k € +112.6% | 445,2k € -56.4% |
Employees | 9 -10.0% | 10 +66.7% | 6 +100.0% |
Overall rating | A+92/100 |
Financial health | 100/100 |
Credit history | 100/100 |
Legal history | 100/100 |
Business activity | 50/100 |
| Overall risk | Low |
No risk flags | |
No tax debts | |
Positive profit | |
Regular report filing | |
| Name, surname | Birth date | Position | Representation rights | Registered | |
|---|---|---|---|---|---|
| - | Board chairman | Independently | |||
| - | Board member | Independently | |||
| Board member | Independently |
Arcxo Group SIA is located at Daugavpils, Dunduru iela 11, LV-5414.
In 2024, Arcxo Group SIA had revenue of 6 326 764 EUR and profit of 651 572 EUR. Compared to previous year, revenue decreased by 2.9%. View full financial report →
In 2024, Arcxo Group SIA had an average of 8 employees. View tax history →
The beneficial owners of Arcxo Group SIA are Jari-Pekka Kiiski, Mihails Valovs and Pasi Tapani Pekkanen. View ownership details →
Yes, Arcxo Group SIA is registered as an active VAT payer with VAT number LV40203265291.
In 2024, the average gross salary at Arcxo Group SIA was approximately 2690,79 € per month (net ~ 1924,20 €). This is an approximate calculation. View salary details →
Arcxo Group SIA was founded on October 7, 2020. The company has been operating for 6 years.
| Indicator | Value | Rank | Comparison | |
|---|---|---|---|---|
Company age | 6 years | 74 - 78 | 18% | |
Net revenue | 6 326 764,00 € | 1 - 5 | 98% | |
Profit | 651 572,00 € | 1 - 5 | 98% | |
Equity | 1 598 215,00 € | 4 - 8 | 93% | |
Assets | 4 410 731,00 € | 3 - 7 | 95% | |
Fixed assets | 512 702,00 € | - | 90% | |
Investments | 895,00 € | - | 10% | |
Liquidity | 1.42 | - | 50% | |
Profitability | 10.3% | - | 25% | |
Registered capital | 2800,00 € | - | 10% |
Annual financial report for 2024.
Annual financial report for 2023.
Annual financial report for 2022.
Annual financial report for 2021.
Annual financial report for 2020.
Registered in the Latvian company register.
| Name, surname | Birth date | Shares | Ownership rights | |
|---|---|---|---|---|
| Arcxo Group Oy | - | 1820 | 65.00% | |
| Mihails Valovs | 980 | 35.00% |
| Name, surname | Nationality | Birth date | |
|---|---|---|---|
| FI |
| - |
| Mihails Valovs | LV |
| Pasi Tapani Pekkanen | FI | - |