SIA MORE HOTELActive

42103021920Limited liability companyFounded 1999

Key figures

257 192 €-19,7%
Revenue 2025
+0,6%
Average annual growth 2008–2025
0100 k200 k300 k400 k’08’09’10’11’12’13’14’15’16’17’18’19’20’21’22’23’24’25

Ratios

2025
Balance sheet structure
Current assetsNon-current assetsLiabilitiesEquity
0200 k400 k600 k’08’09’10’11’12’13’14’15’16’17’18’19’20’21’22’23’24’25

Dividends

calculated
2025

No dividends were paid.

History
20250 €
20240 €
20230 €
20220 €
20210 €
20200 €
2019 ~9486 €
2018 ~2333 €
2017 ~5000 €
2016 ~890 €
2015 ~4076 €
20140 €
20130 €
20120 €
20110 €
20100 €
2009 ~2000 €
20089000 €
Summary of financial statements2008–2025
200820092010201120122013201420152016201720182019202020212022202320242025
Balance sheet — assets
Total current assets31 8664975467882894112432810 03910 74414 25918 28314 64715 256535928 57948 18477 48173 32566 200
Total non-current assets419 601401 057377 892362 536351 345333 562451 432496 241476 761457 313449 486432 792412 820403 540440 658421 383391 995374 478
Total assets451 467406 032382 570370 825355 457337 890461 471506 985491 020475 596464 133448 048418 179432 119488 842498 864465 320440 678
Balance sheet — liabilities and equity
Current liabilities41 79073 13661 11647 68534 06624 96237 06034 21041 60543 69943 98251 20343 15411 09548 41840 85726 37723 560
Non-current liabilities312 170238 965233 329233 623229 065216 397282 416323 515294 715272 315260 026240 328226 988259 913413 780459 011428 154434 755
Total liabilities353 960312 101294 445281 308263 131241 359319 476357 725336 320316 014304 008291 531270 142271 008462 198499 868454 531458 315
Share capital——————————————————
Retained earnings of previous periods——————————————————
Profit for the year3822-1817-4224193024323724767711 1918559988228765878-848013 074-134 467-27 64811 793-28 426
Total equity94 75590 93886 71488 64491 07694 800139 916147 031154 700159 582160 125156 517148 037161 11126 644-100410 789-17 637
Income statement
Sales revenue233 083140 480132 856133 07978 84286 232120 724139 474166 499155 969155 116171 563124 870122 421219 712247 075320 264257 192
Operating profit31 110-1975978317 60014 35011 89518 58118 80416 54617 53410 41012 331-261317 762-134 467-27 64811 793-28 344
Profit before income tax7051-23 086-3238312436194910977411 191855910 19028765878-848013 203-134 467-27 64811 793-28 344
Profit for the reporting year3822-1817-4224193024323724767711 1918559988228765878-848013 074-134 467-27 64811 793-28 426
Labour costs——————————————————
Depreciation of non-current assets——————————————————
Other indicators
Employees201715159910899911108137810
Calculated dividend90002000000004076890500023339486000000

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%SIA MORE HOTELFugalis Jānis1Fugale Alise
CompanyPersonShareholderOther roleAdditional link

Related companies

Shared members or board members

Summary: SIA MORE HOTEL

Overview

SIA MORE HOTEL (reg. no. 42103021920) is a limited liability company. The company was registered in 1999 and has been in the register for 27 years. Registered address: Liepāja, Palmu iela 5.

Financial results

Revenue in 2025 was 257 192 €, down 19,7% on the previous year (320 264 €). From 2008 to 2025, revenue grew by an average of 0,6% per year. 2025 ended with a loss of 28 426 €. The company was profitable in 12 of the 18 published years. In 2025 the company had 10 employees (8 a year earlier). Revenue per employee was 25 719 €.

Management and owners

The board has 2 members. The sole owner of the company is a private individual.

Points to note

Equity was negative at the end of 2025 (-17 637 €).

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.