Towmar Baltic, UAB - financials and debts

Company age: 29 y. 11 mo.

Update

Towmar Baltic - Company finances

EUR
2018
From: 2018-01-01
To: 2018-12-31
2019
From: 2019-01-01
To: 2019-12-31
2020
From: 2020-01-01
To: 2020-12-31
2021
From: 2021-01-01
To: 2021-12-31
2022
From: 2022-01-01
To: 2022-12-31
2023
From: 2023-01-01
To: 2023-12-31
2024
From: 2024-01-01
To: 2024-12-31
2025
From: 2025-01-01
To: 2025-12-31
Financial data
Sales revenue - 8,322,971 8,402,820 8,224,347 9,695,309 9,465,655 9,661,642 10,544,802
Profit before tax 1,498,102 2,317,697 2,419,097 2,570,771 2,965,573 2,373,012 2,407,947 2,208,548
Net profit 1,498,102 1,966,530 2,055,635 2,184,485 2,519,094 2,014,857 1,947,124 1,743,766
Equity 6,697,267 24,688,113 25,243,748 25,928,233 27,247,327 28,362,184 29,709,308 30,903,074
Liabilities 1,000 329,324 338,365 378,389 326,955 404,493 432,241 387,977
Non-current assets 6,679,844 16,015,209 10,430,550 9,149,342 8,715,067 11,215,933 15,281,064 14,660,124
Current assets 18,423 10,005,647 16,228,369 18,224,194 20,004,404 18,742,170 16,086,983 17,968,274
Total assets 6,698,267 26,020,856 26,658,919 27,373,536 28,719,471 29,958,103 31,368,047 32,628,398
Taxes paid
STI taxes - - - - - 1,337,754 1,295,938 1,398,687
Social insurance contributions - - - - - 667,493 729,656 779,249
Financial indicators
Revenue change y/y - - +1.0% -2.1% +17.9% -2.4% +2.1% +9.1%
ROA Return on Assets (ROA). The ratio of net profit to assets. Indicates the company's efficiency. 22.4% 7.6% 7.7% 8.0% 8.8% 6.7% 6.2% 5.3%
ROE Return on equity. The ratio of net profit to equity. Shows the return to shareholders. 22.4% 8.0% 8.1% 8.4% 9.2% 7.1% 6.6% 5.6%
Profit margin Net profit margin. Shows the overall profitability of the company. - 23.6% 24.5% 26.6% 26.0% 21.3% 20.2% 16.5%
EBT% EBT (Earnings Before Taxes) to revenue ratio. Shows the overall profitability of the company. - 27.8% 28.8% 31.3% 30.6% 25.1% 24.9% 20.9%
Liabilities/Equity The debt-to-equity ratio shows the company's capital structure. 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0
Revenue per employee Ratio of revenue to the average annual number of employees. Indicates company efficiency. - 106,025 108,191 106,464 125,913 122,533 127,828 136,355

Purchase full financial statements

Profit/Loss, Balance Sheet, Cash Flow, Equity

9.99 € + PVM Buy

Consolidated Towmar Baltic finance

EUR
2022
From: 2022-01-01
To: 2022-12-31
2023
From: 2023-01-01
To: 2023-12-31
2024
From: 2024-01-01
To: 2024-12-31
2025
From: 2025-01-01
To: 2025-12-31
Financial data
Sales revenue 10,774,014 10,654,007 10,448,896 11,327,245
Profit before tax 3,392,325 2,899,160 2,611,373 2,481,989
Net profit 2,945,846 2,541,005 2,150,550 2,017,207
Equity 27,895,927 29,536,932 31,087,482 32,554,689
Liabilities 357,850 434,469 478,699 426,309
Non-current assets 8,659,239 11,160,105 15,225,236 14,604,296
Current assets 20,739,727 20,005,222 17,559,021 19,710,569
Total assets 29,398,966 31,165,327 32,784,257 34,314,865

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Towmar Baltic - Social security debts

From To Debt, €
2026-05-17 2026-05-21 0.01
2026-01-16 2026-01-19 0.01
2024-09-17 2024-09-18 0.01
2023-07-18 2023-07-19 51290.41
2021-10-20 2021-11-07 2.37
2021-10-18 2021-10-18 40.69

Towmar Baltic - VMI tax arrears

From To Overdue, €
2026-05-08 2026-05-14 0.13
2026-05-07 2026-05-07 62461.3
2026-04-15 2026-05-06 0.13
2026-04-14 2026-04-14 514.23
2026-04-11 2026-04-13 510.87
2025-08-29 2025-08-29 7038.33
2025-08-28 2025-08-28 21278.33

VMI debt information has been collected since 2024-10-07. Debts for older periods will not be displayed.

Analysis of the company's financial position

This description was generated by artificial intelligence. Report if inaccurate.
Towmar Baltic, UAB, code 111572719, is a Private Limited Liability Company operating in service activities incidental to water transportation. In 2025, the company generated revenue of €10.54M, which was 9.1% higher year on year and 11.4% above the 2023 level. Net profit for 2025 was €1.74M, following €1.95M in 2024 and €2.01M in 2023, showing a moderate downward trend in profitability despite continued sales growth. Profit before tax in 2025 amounted to €2.21M, and the net profit margin decreased to 16.5% from 20.2% in 2024 and 21.3% in 2023. The balance sheet remained very strong, with total assets of €32.63M, equity of €30.90M and liabilities of only €388.0K. This translated into an equity ratio of 94.7% and debt to equity of 0.01, indicating very low leverage. Asset turnover stood at 0.32x, ROE at 5.6%, and ROA at 5.3%. Revenue per employee was €136.9K and profit per employee was €22.6K.