What is the main business of Hygge Development?

The main business activity of Hygge Development focuses on buying and selling of own real estate.

When was the company founded?

The company was registered in the Polish National Court Register (KRS) on October 15, 2021.

Where is the headquarters located?

The headquarters is located at: ul. Kartuska 15A, 81-044 Gdynia.

Who is on the management board?

The management board consists of: Michał Jafra (Member of the Management Board) and Michał Jan Kiełpiński (Member of the Management Board).

What is the share capital?

The share capital of the company is PLN 5,000 (approx. $1,351).

What period do the latest financial data cover?

The latest available financial statement covers the period from January 1, 2024 to December 31, 2024.

How much revenue was generated?

In 2024, the company generated total revenue of $105,454, representing a decrease of 19.3% compared to 2023.

Is the company profitable?

No, in 2024 the company was not profitable, reporting a net loss of $38,822. For comparison, in 2023 the loss was $15,266, meaning the company increased its loss by 141.5%.

What is the main operating cost?

The largest operating cost category falls under other operating costs. This category amounted to $7,408 in 2024, representing 71% of all operating expenses.

Hygge Developmentsp. z o.o.

Buying and selling of own real estate

KRS: NIP: REGON:

Overview

Status

Active

Registry date

2021-10-15

Share capital

5,000.00 PLN

Activity description

Hygge Development builds residential projects with a focus on material quality, functionality and everyday comfort. H9 in Rąbień near Łódź, comprising 30 units, is under construction; Osiedle Aurum in Aleksandrów Łódzki (10 units) and Bris Apartments (44 units) are in preparation.

Registered address

ul. Kartuska 15A/4, 81-044 Gdynia, Poland

Website

hyggedevelopment.pl

Phone

Social media

Electronic delivery address

AE:PL-90856-29800-VJTRB-15

Financials

Revenue history (in k)

Filing timeliness

Financial statements were filed on time, on average 42 days early.

202522/06/2026
202403/06/2025
202322/05/2024
202229/05/2023

Filed on timeDelayFiling deadline

Data and insights are generated automatically from financial statements – they may contain errors and are neither a credit assessment nor business advice.

Statistics

How the company ranks by revenue within its industry, region and across Poland in 2025.

Results vs industry

Revenue

This companyUSD 145.47kMedianUSD 90.20kAverageUSD 771.14k

Net profit

This companyUSD -42.71kMedianUSD 101.59AverageUSD 31.76k

Operating costs

This companyUSD 56.00kMedianUSD 62.77kAverageUSD 563.62k

Assets

This companyUSD 1.31mMedianUSD 420.06kAverageUSD 3.48m

Industry

Buying and selling of own real estate (68.10.Z)Primary

Offer

Apartments
Residential units
Residential developments
Land acquisition

Clients and partners

Quelliosp. z o.o.

Website technology

Website

WordPress

Authorized Representatives

Marta Dalia Steiner – Attorney-in-fact

Michał Jafra – Management Board Member

Michał Jan Kiełpiński – Management Board Member

Manner of representation

Each member of the management board is authorized to make declarations on behalf of the company independently.

Ownership

Owner	Shares	Share value	Stake
Michał Jafraage 48	50	$675.31	50%
Michał Jan Kiełpińskiage 39	50	$675.31	50%

Beneficial owners

Person	Rights

Subsidiaries

Name	Share value	Stake
Hygge Development 4sp. z o.o.	1,350.62 USD	50%
Hygge Development 7sp. z o.o.	1,080.50 USD	80%
Hygge Development 9sp. z o.o.	607.78 USD	45%

Debt

No entries in the National Debtors Register (KRZ).

Public aid

No public aid cases recorded in the last 10 years.

Competitors

Name	Revenue	Website
Hrabska Developmentsp. z o.o. + limited partnership	$343,925.18	hrabska.pl
Invest KomfortS.A.	$332,627.55	investkomfortsa.pl
Alternative Developmentsp. z o.o.	$324,425.11	alternative-development.pl
Inkom w Punktsp. z o.o.	$282,245.25	inkomsa.pl
Madey Developmentsp. z o.o. + limited partnership	$131,412.64	madeydevelopment.pl
PBUsp. z o.o.	$101,039.73	pbu.com.pl
BL Developmentsp. z o.o. + limited partnership	$99,757.28	bldevelopment.pl
HSD Inwestycje (3)sp. z o.o. + limited partnership	$95,947.56	hsd-inwestycje.pl
Space Investment Strzegomska 3 Kamieńskiegosp. z o.o.	$79,395.62	archicom.pl
AS Housesp. z o.o.	$73,037.60	ashouse.com.pl

FAQ

Last updated: 2026-06-22