Company · 55.10 · Accommodation

SIA SEMARAH HOTEL MANAGEMENT

Address confidence: Confirmed

Show on the map Find website Sector: Accommodation and food

Turnover · 2024

17.5 M €

+5% vs previous year

Employees

320

Turnover per employee: 55 k €

Taxes paid · 2024

4.0 M €

Payroll fund / employees: 18 k €

Payroll fund · 2024 estimate

5.8 M €

Wage estimate, gross: 1,476 €

Tax breakdown · 2026 Q3

Total paid to VID 1.1 M €

Personal income tax 238 k €

Social contributions 551 k €

VAT paid · after deductions 339 k €

VAT refunded by the state 0 €

Money paid to and returned by the tax office during the quarter, not tax charged. VAT on purchases is already deducted inside the payment — it does not appear here separately. A refund arises only when deductions exceed the VAT charged on sales: for exporters, intra-EU suppliers, and under the domestic reverse charge (construction, timber, scrap metal), not for every company with large purchases. Compare with the turnover of the same quarter, not of the year.

Quarterly history

Quarter	Total paid to VID	Personal income tax	Social contributions	VAT paid · after deductions	VAT refunded by the state
2026 Q3	1.1 M €	238 k €	551 k €	339 k €	0 €
2026 Q2	957 k €	196 k €	479 k €	281 k €	0 €
2026 Q1	976 k €	233 k €	523 k €	180 k €	0 €
2025 Q4	714 k €	202 k €	479 k €	39 k €	7 k €
2024	4.0 M €	997 k €	2.0 M €	—	—
2023	3.4 M €	967 k €	1.9 M €	—	—
2022	2.6 M €	632 k €	1.3 M €	—	—

Financial health · From the 2024 balance sheet

Net profit446 k €

Total assets3.4 M €

Equity617 k €

Current ratio1.1

Quick ratio1.0

Debt to equity4.5

Equity ratio18.1%

Return on assets13.1%

Return on equity72.2%

Cross-section against the peer median

Compared with companies under NACE code 55.10 — 24.

Turnover

×3.7

17.5 M € 4.7 M €

Employees

×3.6

320 90

Taxes paid

×3.7

1.1 M € 303 k €

Payroll

×4.7

5.8 M € 1.2 M €

Logarithmic scale

÷10÷3×1×3×10

Position among peers

Turnover

above 92% of peers

Employees

above 100% of peers

This company Peer median · 24

Indicators

Turnover per employee 55 k € ×1.0 of the median

Margin 2.5%

Year on year +5%

Payroll fund estimate 5.8 M €

Registration number 40103576889

Registered address Rīga, Skanstes iela 7 k-1

panel.caveats

Building coordinate from the State Address Register. Figures come from public registers. Wage, export share and address confidence are estimates and are always labelled as such.

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Public contracts

Contracts awarded by public buyers, from the Procurement Monitoring Bureau. Published facts, not estimates.

All time

15 k €

Contracts

Latest contract: 2026-03-13

Largest buyer

Valsts sabiedrība ar ierobežotu atbildību "Latvijas Nacionālā opera un balets"

Latest contracts

Filed annual reports

Figures the company filed itself. Bar length shows size within the column; the longest is its best year. An empty cell means no report for that year — not a zero.

Year	Turnover	Net profit	Assets	Employees
2024	17.5 M €	446 k €	3.4 M €	320
2023	16.6 M €	1.1 M €	2.2 M €	320
2022	12.7 M €	383 k €	2.5 M €	180
2021	4.8 M €	-784581 €	1.4 M €	180
2020	5.4 M €	-1237576 €	873 k €	206
2019	13.8 M €	443 k €	2.0 M €	292

Source: annual reports from the Register of Enterprises, as filed. A missing year is a missing report, not a loss.

Foreign trade of the industry · 2025

All companies in division 55 — Accommodation — not this company. Trade by individual firms is not published by law; by industry it is.

Industry goods exports

not published

Industry goods imports

4.0 M €

Source: Official Statistics of Latvia, table ATN011, goods trade by the activity of the trading enterprise. “Not published” means the figure would identify a single firm — it is not a zero.