Riga Old Town Hotels SIAActive
Key figures
Ratios
2025Balance sheet structure
Summary of financial statements2019–2025
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|---|---|---|
| Balance sheet — assets | |||||||
| Total current assets | 110 613 | 47 986 | 76 173 | 70 859 | 82 126 | 91 990 | 118 441 |
| Total non-current assets | 207 105 | 214 142 | 292 432 | 282 881 | 288 263 | 341 420 | 366 920 |
| Total assets | 317 718 | 262 128 | 368 605 | 353 740 | 370 389 | 433 410 | 485 361 |
| Balance sheet — liabilities and equity | |||||||
| Current liabilities | 117 322 | 71 970 | 106 113 | 112 391 | 112 722 | 128 701 | 125 484 |
| Non-current liabilities | 200 000 | 518 304 | 528 522 | 549 560 | 722 000 | 1 102 000 | 1 172 000 |
| Total liabilities | 317 322 | 590 274 | 634 635 | 661 951 | 834 722 | 1 230 701 | 1 297 484 |
| Share capital | — | — | — | — | — | — | — |
| Retained earnings of previous periods | — | — | — | — | — | — | — |
| Profit for the year | -2404 | -328 542 | 62 116 | -42 181 | -156 122 | -332 958 | -14 832 |
| Total equity | 396 | -328 146 | -266 030 | -308 211 | -464 333 | -797 291 | -812 123 |
| Income statement | |||||||
| Sales revenue | 985 118 | 490 856 | 441 125 | 1 132 553 | 1 391 724 | 1 286 894 | 1 533 396 |
| Operating profit | 645 | -315 982 | 74 448 | -29 252 | -136 761 | -298 368 | 19 313 |
| Profit before income tax | -2287 | -326 136 | 62 116 | -42 181 | -152 424 | -325 020 | -7504 |
| Profit for the reporting year | -2404 | -328 542 | 62 116 | -42 181 | -156 122 | -332 958 | -14 832 |
| Labour costs | — | — | — | — | — | — | — |
| Depreciation of non-current assets | — | — | — | — | — | — | — |
| Other indicators | |||||||
| Employees | 49 | 28 | 14 | 19 | 23 | 22 | 23 |
| Calculated dividend | — | 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: Riga Old Town Hotels SIA
Overview
Riga Old Town Hotels SIA (reg. no. 40203206090) is a limited liability company. The company was registered in 2019 and has been in the register for 7 years. Registered address: Rīga, Mārstaļu iela 3.
Financial results
Revenue in 2025 was 1 533 396 €, up 19,2% on the previous year (1 286 894 €). From 2019 to 2025, revenue grew by an average of 7,7% per year. This is the company's highest revenue among the published years (2019–2025). 2025 ended with a loss of 14 832 €. The company was profitable in 1 of the 7 published years. In 2025 the company had 23 employees (22 a year earlier). Revenue per employee was 66 669 €.
Management and owners
The company has one board member. The sole owner of the company is Riga Old Town Hotels OU.
Points to note
Equity was negative at the end of 2025 (-812 123 €).
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.