Michael's Palace Hotel s.r.o.Active
Key figures
Key figures
2025Balance sheet structure
Summary of annual reports2020–2025
| 2021 | 2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|---|
| Revenue (net turnover) | 47 749 | 270 465 | 144 391 | 38 000 | 12 000 |
| Profit for the reporting year | 28 725 | 56 784 | -3 354 | -5 851 | -10 313 |
| Retained earnings of previous periods | -31 290 | -2 790 | 53 994 | 50 639 | 44 787 |
| Total assets | 49 843 | 113 858 | 106 885 | 179 277 | 121 850 |
| Total liabilities | 47 408 | 54 864 | 51 245 | 129 489 | 82 376 |
| Total equity | 2 435 | 58 994 | 55 640 | 49 788 | 39 474 |
| Calculated dividends | 0 | 0 | 0 | 0 | 0 |
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: Michael's Palace Hotel s.r.o.
Overview
Michael's Palace Hotel s.r.o. (IČO 52277828) is a limited liability company (s.r.o.). The company was incorporated in 2019 and has existed for 7 years. Registered office according to the register: Košice - mestská časť Nad jazerom. Main activity according to the Statistical Office: turistické a iné krátkodobé ubytovanie (SK NACE 5520). Size category by number of employees: 5–9 employees.
People
The company has one statutory representative. According to the register, the company has one shareholder. The registered capital is 5 000 €.
Financial results
Revenue for 2025 was 12 000 €, down 68,4 % on the previous year (38 000 €). From 2020 to 2025, revenue fell by an average of 30,4 % per year. This is the lowest revenue in the reported years (2020–2025). 2025 ended with a loss of 10 313 €. The company was profitable in 2 of the 6 reported years. At the end of 2025 the company had total assets of 121 850 € and equity of 39 474 € (equity ratio 32,4 %).
Sources and freshness
Company and people data come from the Register of Legal Entities (Statistical Office SR, CC BY 4.0) and financial statements from the Register of Financial Statements (Ministry of Finance SR); icoprofil.sk updates them daily. Data as of 9. 11. 2026. Changes, averages and ratios are calculated by icoprofil.sk from open data and are not an official assessment.