COMPANIES / Sabiedrība ar ierobežotu atbildību / 40003378078 · REGISTERED 05/02/1998
40003378078
Rīga, Pils iela 12
SIA "Hotel Grand Palace" is a Latvian limited liability company registered in 1998. Its primary line of business is hotels and similar accommodation (NACE 55.10). In 2024 the company reported €2.36M in revenue and employed approximately 51–100 people, placing it in the medium-sized enterprise tier. Revenue grew 7% year-over-year, indicating an expanding operation.
REG. NO. 40003378078 · Sabiedrība ar ierobežotu atbildību · REGISTERED 05/02/1998
Rīga, Pils iela 12
SIA "Hotel Grand Palace" is a Latvian limited liability company registered in 1998. Its primary line of business is hotels and similar accommodation (NACE 55.10). In 2024 the company reported €2.36M in revenue and employed approximately 51–100 people, placing it in the medium-sized enterprise tier. Revenue grew 7% year-over-year, indicating an expanding operation.
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| 2024 | |
|---|---|
| Revenue | €2,362,459 |
| By Function | |
| Cost of Goods Sold | €1,811,970 |
| Gross Profit | €550,489 |
| Selling Expenses | €124,749 |
| Administrative Expenses | €545,561 |
| Other Operating Revenues | €78,992 |
| Other Operating Expenses | €1,672 |
| Equity Investment Earnings | €0 |
| Other LT Investment Earnings | €0 |
| Other Interest Revenues | €210 |
| Fair Value Adjustments | €0 |
| Interest Expenses | €96,250 |
| Income Before Tax | -€138,541 |
| Provision for Income Taxes | €24,165 |
| Income After Tax | -€162,706 |
| Extraordinary Dividends | €0 |
| Net Income | -€162,706 |
| 2024 | |
|---|---|
| Assets | |
| Non-Current Assets | |
| Intangible Assets | €4,102 |
| Fixed Assets | €5,388,701 |
| Investments | €0 |
| Non-Current Assets | €5,392,803 |
| Current Assets | |
| Inventories | €84,743 |
| Accounts Receivable | €133,493 |
| Marketable Securities | €0 |
| Cash | €260,310 |
| Total Current Assets | €478,546 |
| Total Assets | €5,871,349 |
| Liabilities & Equity | |
| Equity | €1,788,449 |
| Provisions | €0 |
| Non-Current Liabilities | €3,785,531 |
| Current Liabilities | €297,369 |
| Total Liabilities & Equity | €5,871,349 |