Hozier’s Entertainment Profits Rise to €6.2m
- Accumulated profits at the Irish singer-songwriter Hozier's entertainment firm,Haskey Ltd., reached €6.29 million in 2024, driven by record yearly profits.
- experienced a ample increase in profits, with accumulated profits rising from €5.94 million to €6.29 million.
- The firm significantly invested in tangible assets, adding freehold property valued at €3.29 million.
“`html
Hozier‘s Haskey Ltd. Reports Surge in Profits to €6.29 Million
Table of Contents
Accumulated profits at the Irish singer-songwriter Hozier’s entertainment firm,Haskey Ltd., reached €6.29 million in 2024, driven by record yearly profits. ,revealing important changes in the company’s financial position.
– Updated
Financial performance Overview
Haskey Ltd. experienced a ample increase in profits, with accumulated profits rising from €5.94 million to €6.29 million. This growth is attributed to record yearly profits, though the specific profit figure for 2024 was not immediately available in the provided text. The company’s financial assets also grew,increasing by €217,778 to a book value of €2.47 million.
Asset adn property Changes
The firm significantly invested in tangible assets, adding freehold property valued at €3.29 million. However, it also disposed of freehold property worth €277,247. Notably, the accounts indicate that the freehold property is not depreciated because it is currently not in use. This suggests a strategic holding of property assets rather than active utilization.
| Asset Type | Change in Value (€) |
|---|---|
| Freehold Property (Addition) | 3,290,000 |
| Freehold Property (Disposal) | -277,247 |
| Financial Assets (addition) | 217,778 |
Liabilities and Tax Obligations
The amount owed in corporation tax increased significantly, rising from €10,513 to €200,091, reflecting the firm’s increased profitability. A substantial increase was also observed in the amount owed to Hozier himself, growing from €100,576 to €1.94 million. This could represent loans, advances, or other financial arrangements between the artist and his company.
Background: Hozier and Haskey Ltd.
Hozier, whose real name is Andrew Hozier-Byrne, gained international recognition with his hit song “Take Me to Church.” Trinity College Dublin (TCD) confirmed he dropped out of the university to pursue his music career. Haskey Ltd. serves as the vehicle for his entertainment and business ventures.