Sabiedrība ar ierobežotu atbildību "City hotels"Active

40203303907Limited liability companyFounded 2021

Key figures

3 647 996 €+6,4%
Revenue 2025
+60,4%
Average annual growth 2021–2025
01 m2 m3 m4 m20212022202320242025

Ratios

2025
Balance sheet structure
Current assetsNon-current assetsLiabilitiesEquity
0500 k1 m20212022202320242025
Summary of financial statements2021–2025
20212022202320242025
Balance sheet — assets
Total current assets219 964341 805337 886444 217479 561
Total non-current assets174 334184 215343 743301 259212 364
Total assets394 298526 020681 629745 476691 925
Balance sheet — liabilities and equity
Current liabilities208 934208 352401 700410 641338 495
Non-current liabilities350 000530 000460 000340 000220 000
Total liabilities558 934738 352861 700750 641558 495
Share capital—————
Retained earnings of previous periods—————
Profit for the year-167 436-47 69632 261174 907138 595
Total equity-164 636-212 332-180 071-5165133 430
Income statement
Sales revenue550 8942 151 6293 384 3723 427 0203 647 996
Operating profit-164 716-38 74142 626184 559149 885
Profit before income tax-167 156-46 41934 138176 571143 837
Profit for the reporting year-167 436-47 69632 261174 907138 595
Labour costs—————
Depreciation of non-current assets—————
Other indicators
Employees2432525856
Calculated dividend—0000

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%Sabiedrība ar ierobež…Sabiedrība ar ierobež…3Gutmane YuliyaKenstavičius Jordanas
CompanyPersonShareholderOther roleAdditional link

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Summary: Sabiedrība ar ierobežotu atbildību "City hotels"

Overview

Sabiedrība ar ierobežotu atbildību "City hotels" (reg. no. 40203303907) is a limited liability company. The company was registered in 2021 and has been in the register for 5 years. Registered address: Rīga, Elizabetes iela 101.

Financial results

Revenue in 2025 was 3 647 996 €, up 6,4% on the previous year (3 427 020 €). From 2021 to 2025, revenue grew by an average of 60,4% per year. This is the company's highest revenue among the published years (2021–2025). Net profit for 2025 was 138 595 € (3,8% of revenue). The company was profitable in 3 of the 5 published years. In 2025 the company had 56 employees (58 a year earlier). Revenue per employee was 65 143 €. At the end of 2025, total assets were 691 925 € and equity 133 430 € (19,3% of assets).

Management and owners

The board has 2 members. The sole owner of the company is Sabiedrība ar ierobežotu atbildību "NORVELITA LATVIA".

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.