SIA "Towerhill Hostel"Active
Key figures
Ratios
2025Balance sheet structure
Dividends
calculatedPaid out in dividends approximately 61 000 € (6% of equity at the end of the previous year).
Low confidence: the company does not file a cash flow statement, so the amount is an estimate from changes in equity — it may also include other reductions of equity (e.g. a share capital reduction).
Summary of financial statements2021–2025
| 2021 | 2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|---|
| Balance sheet — assets | |||||
| Total current assets | 83 635 | 585 355 | 59 049 | 59 280 | 26 697 |
| Total non-current assets | 597 961 | 1 946 791 | 1 925 236 | 1 925 919 | 1 928 366 |
| Total assets | 681 596 | 2 532 146 | 1 984 285 | 1 985 199 | 1 955 063 |
| Balance sheet — liabilities and equity | |||||
| Current liabilities | 81 659 | 594 938 | 49 837 | 60 939 | 83 639 |
| Non-current liabilities | 389 343 | 1 263 415 | 866 887 | 833 156 | 794 660 |
| Total liabilities | 471 002 | 1 858 353 | 916 724 | 894 095 | 878 299 |
| Share capital | — | — | — | — | — |
| Retained earnings of previous periods | — | — | — | — | — |
| Profit for the year | 207 794 | -8444 | 38 503 | 23 543 | 46 660 |
| Total equity | 210 594 | 673 793 | 1 067 561 | 1 091 104 | 1 076 764 |
| Income statement | |||||
| Sales revenue | 597 961 | 6286 | 254 895 | 222 895 | 261 109 |
| Operating profit | 205 897 | -7055 | 118 685 | 85 635 | 110 269 |
| Profit before income tax | 207 911 | -8444 | 38 503 | 23 543 | 61 928 |
| Profit for the reporting year | 207 794 | -8444 | 38 503 | 23 543 | 46 660 |
| Labour costs | — | — | — | — | — |
| Depreciation of non-current assets | — | — | — | — | — |
| Other indicators | |||||
| Employees | 0 | 1 | 4 | 4 | 3 |
| Calculated dividend | — | 0 | 0 | 0 | 61 000 |
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: SIA "Towerhill Hostel"
Overview
SIA "Towerhill Hostel" (reg. no. 40203307152) is a limited liability company. The company was registered in 2021 and has been in the register for 5 years. Registered address: Olaines nov., Olaines pag., Stūnīši, Gaismas iela 11.
Financial results
Revenue in 2025 was 261 109 €, up 17,1% on the previous year (222 895 €). From 2021 to 2025, revenue declined by an average of 18,7% per year. Net profit for 2025 was 46 660 € (17,9% of revenue). The company was profitable in 4 of the 5 published years. In 2025 the company had 3 employees (4 a year earlier). Revenue per employee was 87 036 €. At the end of 2025, total assets were 1 955 063 € and equity 1 076 764 € (55,1% of assets).
Management and owners
The company has one board member. The sole owner of the company is a private individual.
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.