Mogotel Hotel Group ASActive
Key figures
Ratios
2025Balance sheet structure
Dividends
from the reportNo dividends were paid.
Summary of financial statements2012–2025
| 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Balance sheet — assets | ||||||||||||||
| Total current assets | 358 086 | 763 119 | 1 198 817 | 1 584 858 | 1 969 187 | 2 449 670 | 3 345 244 | 4 576 718 | 3 356 140 | 2 954 985 | 2 839 982 | 3 054 853 | 2 773 469 | 3 435 981 |
| Total non-current assets | 57 523 | 84 738 | 188 442 | 185 505 | 214 445 | 567 583 | 462 659 | 369 346 | 340 157 | 514 922 | 711 035 | 826 726 | 1 231 500 | 1 680 178 |
| Total assets | 415 609 | 847 857 | 1 387 259 | 1 770 363 | 2 183 632 | 3 017 253 | 3 807 903 | 4 946 064 | 3 696 297 | 3 469 907 | 3 551 017 | 3 881 579 | 4 004 969 | 5 116 159 |
| Balance sheet — liabilities and equity | ||||||||||||||
| Current liabilities | 262 464 | 658 508 | 748 891 | 1 257 065 | 1 531 774 | 1 831 702 | 2 380 951 | 3 302 738 | 1 482 666 | 1 723 255 | 1 600 281 | 931 315 | 821 303 | 954 741 |
| Non-current liabilities | 20 831 | 0 | 62 025 | 35 017 | 46 359 | 254 847 | 181 111 | 750 339 | 1 279 684 | 599 005 | 0 | 179 166 | 261 840 | 370 150 |
| Total liabilities | 283 295 | 658 508 | 810 916 | 1 292 082 | 1 578 133 | 2 086 549 | 2 562 062 | 4 053 077 | 2 762 350 | 2 322 260 | 1 600 281 | 1 110 481 | 1 083 143 | 1 324 891 |
| Share capital | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Retained earnings of previous periods | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Profit for the year | 110 131 | 57 034 | 190 828 | 238 360 | 127 218 | 325 205 | 315 137 | 575 004 | 40 960 | 213 700 | 803 089 | 788 208 | 316 306 | 869 442 |
| Total equity | 132 314 | 189 349 | 462 144 | 478 281 | 605 499 | 930 704 | 1 245 841 | 892 987 | 933 947 | 1 147 647 | 1 950 736 | 2 771 098 | 2 921 826 | 3 791 268 |
| Income statement | ||||||||||||||
| Sales revenue | 2 014 158 | 4 067 106 | 9 785 612 | 12 940 687 | 16 294 163 | 17 686 223 | 21 503 814 | 29 436 620 | 10 352 382 | 9 593 477 | 14 964 095 | 5 693 431 | 6 065 568 | 6 985 673 |
| Operating profit | 136 589 | 57 912 | 184 718 | 204 566 | 64 003 | 210 203 | 108 766 | 338 339 | -130 916 | 182 147 | 699 766 | 691 453 | 206 362 | 1 085 415 |
| Profit before income tax | 136 589 | 69 714 | 225 747 | 296 543 | 166 237 | 372 644 | 338 012 | 600 328 | 64 006 | 235 011 | 826 179 | 796 234 | 320 061 | 877 043 |
| Profit for the reporting year | 110 131 | 57 034 | 190 828 | 238 360 | 127 218 | 325 205 | 315 137 | 575 004 | 40 960 | 213 700 | 803 089 | 788 208 | 316 306 | 869 442 |
| Labour costs | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Depreciation of non-current assets | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Other indicators | ||||||||||||||
| Employees | 121 | 168 | 252 | 314 | 432 | 429 | 493 | 639 | 564 | 371 | 317 | 116 | 112 | 104 |
| Calculated dividend | 0 | 0 | 0 | 222 223 | 0 | 0 | 0 | 92 786 | 0 | 648 072 | 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
- Mogotel development holding SIA — 11,38%
Summary: Mogotel Hotel Group AS
Overview
Mogotel Hotel Group AS (reg. no. 40103376919) is a joint-stock company. The company was registered in 2011 and has been in the register for 15 years. Registered address: Rīga, Latgales iela 240 - 3.
Financial results
Revenue in 2025 was 6 985 673 €, up 15,2% on the previous year (6 065 568 €). From 2012 to 2025, revenue grew by an average of 10,0% per year. Net profit for 2025 was 869 442 € (12,4% of revenue). The company was profitable in all 14 published years. In 2025 the company had 104 employees (112 a year earlier). Revenue per employee was 67 170 €. At the end of 2025, total assets were 5 116 159 € and equity 3 791 268 € (74,1% of assets).
Management and owners
The board has 2 members. The company holds a stake in one other active Latvian company.
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.