Two More Beers LV, SIAActive
Key figures
Ratios
2025Balance sheet structure
Dividends
calculatedNo dividends were paid.
Summary of financial statements2018–2025
| 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|---|---|---|---|
| Balance sheet — assets | ||||||||
| Total current assets | 76 838 | 134 708 | 102 399 | 127 679 | 253 197 | 328 539 | 445 304 | 333 513 |
| Total non-current assets | 54 250 | 116 296 | 92 358 | 996 688 | 989 814 | 493 874 | 320 357 | 262 380 |
| Total assets | 131 088 | 251 004 | 194 757 | 1 124 367 | 1 243 011 | 822 413 | 765 661 | 595 893 |
| Balance sheet — liabilities and equity | ||||||||
| Current liabilities | 107 750 | 56 609 | 138 855 | 131 761 | 208 538 | 440 923 | 653 759 | 361 182 |
| Non-current liabilities | 235 499 | 153 376 | 50 670 | 0 | 340 000 | 240 000 | 0 | 30 000 |
| Total liabilities | 343 249 | 209 985 | 189 525 | 131 761 | 548 538 | 680 923 | 653 759 | 391 182 |
| Share capital | — | — | — | — | — | — | — | — |
| Retained earnings of previous periods | — | — | — | — | — | — | — | — |
| Profit for the year | -312 161 | -246 820 | -185 787 | 187 374 | 251 867 | -52 983 | -29 587 | 92 809 |
| Total equity | -212 161 | 41 019 | 5232 | 992 606 | 694 473 | 141 490 | 111 902 | 204 711 |
| Income statement | ||||||||
| Sales revenue | 414 376 | 317 653 | 288 573 | 596 679 | 1 856 017 | 3 802 024 | 4 164 230 | 3 760 649 |
| Operating profit | -306 662 | -211 644 | -168 268 | 151 652 | 217 051 | -45 128 | -8035 | 102 236 |
| Profit before income tax | -312 161 | -240 456 | -184 766 | 187 374 | 251 867 | -52 776 | -29 379 | 93 099 |
| Profit for the reporting year | -312 161 | -246 820 | -185 787 | 187 374 | 251 867 | -52 983 | -29 587 | 92 809 |
| Labour costs | — | — | — | — | — | — | — | — |
| Depreciation of non-current assets | — | — | — | — | — | — | — | — |
| Other indicators | ||||||||
| Employees | 25 | 20 | 15 | 27 | 42 | 85 | 88 | 79 |
| Calculated dividend | — | 0 | 0 | 0 | 550 000 | 500 000 | 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.
Connections graph
Click a node to see its other connections.
Related companies
Summary: Two More Beers LV, SIA
Overview
Two More Beers LV, SIA (reg. no. 40203097399) is a limited liability company. The company was registered in 2017 and has been in the register for 9 years. Registered address: Rīga, Elizabetes iela 23.
Financial results
Revenue in 2025 was 3 760 649 €, down 9,7% on the previous year (4 164 230 €). From 2018 to 2025, revenue grew by an average of 37,0% per year. Net profit for 2025 was 92 809 € (2,5% of revenue). The company was profitable in 3 of the 8 published years. In 2025 the company had 79 employees (88 a year earlier). Revenue per employee was 47 603 €. At the end of 2025, total assets were 595 893 € and equity 204 711 € (34,4% of assets).
Management and owners
The board has 3 members. The sole owner of the company is Keystone Collection Hospitality, SIA.
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.