Radisson Hospitality Baltics SIAActive
Key figures
Ratios
2025Balance sheet structure
Dividends
calculatedNo dividends were paid.
Summary of financial statements2010–2025
| 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Balance sheet — assets | ||||||||||||||||
| Total current assets | 64 534 | 176 385 | 168 774 | 186 226 | 362 128 | 197 790 | 204 800 | 261 259 | 399 967 | 615 954 | 418 827 | 457 512 | 669 658 | 776 804 | 779 122 | 887 609 |
| Total non-current assets | 0 | 1830 | 1122 | 413 | 0 | 3830 | 2245 | 9832 | 5776 | 2381 | 910 | 473 | 5231 | 4520 | 4052 | 2961 |
| Total assets | 64 534 | 178 215 | 169 896 | 186 639 | 362 128 | 201 620 | 207 045 | 271 091 | 405 743 | 618 335 | 419 737 | 457 985 | 674 889 | 781 324 | 783 174 | 890 570 |
| Balance sheet — liabilities and equity | ||||||||||||||||
| Current liabilities | 48 602 | 122 026 | 37 689 | 27 631 | 136 202 | 70 162 | 41 037 | 89 984 | 237 191 | 432 285 | 231 413 | 231 386 | 268 942 | 322 148 | 302 724 | 423 371 |
| Non-current liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total liabilities | 48 602 | 122 026 | 37 689 | 27 631 | 136 202 | 70 162 | 41 037 | 89 984 | 237 191 | 432 285 | 231 413 | 231 386 | 268 942 | 322 148 | 302 724 | 423 371 |
| Share capital | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Retained earnings of previous periods | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Profit for the year | 13 932 | 40 257 | 76 018 | 26 801 | -322 | 19 617 | 34 550 | 49 649 | 37 094 | 17 498 | 2274 | 38 275 | 179 348 | 53 229 | 21 274 | -13 251 |
| Total equity | 15 932 | 56 189 | 132 207 | 159 008 | 225 926 | 131 458 | 166 008 | 181 107 | 168 552 | 186 050 | 188 324 | 226 599 | 405 947 | 459 176 | 480 450 | 467 199 |
| Income statement | ||||||||||||||||
| Sales revenue | 273 782 | 675 924 | 391 827 | 292 500 | 469 766 | 469 152 | 484 031 | 602 186 | 696 732 | 712 172 | 571 031 | 712 317 | 917 735 | 1 151 745 | 921 310 | 865 599 |
| Operating profit | 23 251 | 63 243 | 81 985 | 31 938 | 509 | 27 535 | 37 696 | 60 814 | 39 425 | 23 034 | 29 386 | 38 988 | 179 676 | 53 709 | 22 227 | -11 452 |
| Profit before income tax | 20 417 | 58 823 | 78 906 | 30 022 | -322 | 26 666 | 37 408 | 60 203 | 38 695 | 21 627 | 27 136 | 38 275 | 179 373 | 53 486 | 21 953 | -11 942 |
| Profit for the reporting year | 13 932 | 40 257 | 76 018 | 26 801 | -322 | 19 617 | 34 550 | 49 649 | 37 094 | 17 498 | 2274 | 38 275 | 179 348 | 53 229 | 21 274 | -13 251 |
| Labour costs | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Depreciation of non-current assets | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Other indicators | ||||||||||||||||
| Employees | 3 | 4 | 3 | 3 | 3 | 3 | 3 | 3 | 2 | 2 | 3 | 5 | 5 | 6 | 5 | 4 |
| Calculated dividend | 0 | 0 | 0 | 0 | 0 | 114 085 | 0 | 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: Radisson Hospitality Baltics SIA
Overview
Radisson Hospitality Baltics SIA (reg. no. 40103300247) is a limited liability company. The company was registered in 2010 and has been in the register for 16 years. Registered address: Rīga, Elizabetes iela 55.
Financial results
Revenue in 2025 was 865 599 €, down 6,0% on the previous year (921 310 €). From 2010 to 2025, revenue grew by an average of 8,0% per year. 2025 ended with a loss of 13 251 €. The company was profitable in 14 of the 16 published years. In 2025 the company had 4 employees (5 a year earlier). Revenue per employee was 216 400 €. At the end of 2025, total assets were 890 570 € and equity 467 199 € (52,5% of assets).
Management and owners
The board has 4 members. The sole owner of the company is Radisson Hotels ApS Danmark.
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.