Hestia Hotel Group Latvia SIAActive

40203238607Limited liability companyFounded 2020

Key figures

311 488 €+11,8%
Revenue 2025
+31,5%
Average annual growth 2020–2025
0100 k200 k300 k400 k202020212022202320242025

Ratios

2025
Balance sheet structure
Current assetsNon-current assetsLiabilitiesEquity
0200 k400 k600 k202020212022202320242025
Summary of financial statements2020–2025
202020212022202320242025
Balance sheet — assets
Total current assets21 29630 00954 99387 501110 82179 774
Total non-current assets22801377473543306 537473 832
Total assets23 57631 38655 46688 044417 358553 606
Balance sheet — liabilities and equity
Current liabilities37 89255 64647 46940 83741 69347 477
Non-current liabilities0000302 000407 000
Total liabilities37 89255 64647 46940 837343 693454 477
Share capital——————
Retained earnings of previous periods——————
Profit for the year-17 116-994432 25739 21026 45825 464
Total equity-14 316-24 260799747 20773 66599 129
Income statement
Sales revenue79 236210 833257 970245 542278 518311 488
Operating profit-17 116-994432 25739 21036 48045 846
Profit before income tax-17 116-994432 25739 21026 63127 019
Profit for the reporting year-17 116-994432 25739 21026 45825 464
Labour costs——————
Depreciation of non-current assets——————
Other indicators
Employees376677
Calculated dividend—00000

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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100%Hestia Hotel Group La…Hestia Hotel Group OUGranrot Bo Mikael Mat…6Lukas Rait
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Summary: Hestia Hotel Group Latvia SIA

Overview

Hestia Hotel Group Latvia SIA (reg. no. 40203238607) is a limited liability company. The company was registered in 2020 and has been in the register for 6 years. Registered address: Rīga, Mārstaļu iela 3.

Financial results

Revenue in 2025 was 311 488 €, up 11,8% on the previous year (278 518 €). From 2020 to 2025, revenue grew by an average of 31,5% per year. This is the company's highest revenue among the published years (2020–2025). Net profit for 2025 was 25 464 € (8,2% of revenue). The company was profitable in 4 of the 6 published years. In 2025 the company had 7 employees. Revenue per employee was 44 498 €. At the end of 2025, total assets were 553 606 € and equity 99 129 € (17,9% of assets).

Management and owners

The board has 2 members. The sole owner of the company is Hestia Hotel Group OU.

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.