KORSARAS, UAB - financials and debts

Company age: 35 y. 8 mo.

Update

KORSARAS - 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 78,100 30,260 3,952 - 4,000 19,215 20,315 25,880
Profit before tax 8,122 -9,690 -10,259 -957 -796 12,423 4,813 9,275
Net profit 8,122 -9,690 -10,259 -957 -796 12,237 4,741 9,108
Equity 34,554 24,864 14,606 13,649 12,853 25,090 29,831 38,939
Liabilities 1,732 656 14 0 0 212 72 291
Non-current assets 0 0 0 0 0 0 0 0
Current assets 36,286 25,520 14,620 13,649 12,853 25,302 29,903 39,230
Total assets 36,286 25,520 14,620 13,649 12,853 25,302 29,903 39,230
Taxes paid
STI taxes - - - - - 72 753 1,136
Financial indicators
Revenue change y/y +42.9% -61.3% -86.9% - - +380.4% +5.7% +27.4%
ROA Return on Assets (ROA). The ratio of net profit to assets. Indicates the company's efficiency. 22.4% -38.0% -70.2% -7.0% -6.2% 48.4% 15.9% 23.2%
ROE Return on equity. The ratio of net profit to equity. Shows the return to shareholders. 23.5% -39.0% -70.2% -7.0% -6.2% 48.8% 15.9% 23.4%
Profit margin Net profit margin. Shows the overall profitability of the company. 10.4% -32.0% -259.6% - -19.9% 63.7% 23.3% 35.2%
EBT% EBT (Earnings Before Taxes) to revenue ratio. Shows the overall profitability of the company. 10.4% -32.0% -259.6% - -19.9% 64.7% 23.7% 35.8%
Liabilities/Equity The debt-to-equity ratio shows the company's capital structure. 0.1 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. 7,876 5,857 1,186 - 2,000 9,608 10,158 12,940

Purchase full financial statements

Profit/Loss, Balance Sheet, Cash Flow, Equity

9.99 € + PVM Buy

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KORSARAS - Social security debts

From To Debt, €
2024-07-16 2024-07-21 153.27

KORSARAS - VMI tax arrears

As of 2026-09-02, the amount of overdue STI tax debt of the company KORSARAS is: 0 €

From To Overdue, €
2026-09-02 2026-09-02 0.15
2026-08-25 2026-09-01 0.21
2026-08-17 2026-08-24 0.18
2026-06-18 2026-08-16 0.15
2026-05-15 2026-05-28 0.12
2026-05-01 2026-05-01 0.12
2026-04-17 2026-04-30 0.09
2026-03-18 2026-04-01 0.09
2026-03-02 2026-03-02 0.09
2026-02-27 2026-03-01 20.05
2026-02-21 2026-02-26 19.97
2026-02-18 2026-02-20 20.03
2025-07-03 2025-07-20 0.04
2025-07-02 2025-07-02 1.18
2025-07-01 2025-07-01 151.23
2025-06-17 2025-06-30 150.05
2025-06-02 2025-06-02 0.85
2025-05-17 2025-06-01 0.73
2025-05-01 2025-05-01 0.73
2025-04-16 2025-04-30 0.71
2025-03-17 2025-03-20 5.41
2025-03-02 2025-03-05 0.21
2025-02-17 2025-03-01 0.19

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.
KORSARAS, UAB (code 140167727) is a Private Limited Liability Company engaged in repair and maintenance of civilian ships and boats. In 2025, the company generated revenue of €25.9K, up 27.4% year on year and 34.7% over two years. Net profit increased to €9.1K, compared with €4.7K in 2024 and €12.2K in 2023, showing a recovery after the weaker 2024 result. The profit margin improved to 35.2% in 2025 from 23.3% in 2024, although it remained below the 63.7% level recorded in 2023. Balance sheet figures were also stronger: total assets reached €39.2K, equity €38.9K and liabilities only €291, resulting in a 99.3% equity ratio and a debt-to-equity ratio of 0.01. Asset turnover stood at 0.66x, while ROE was 23.4% and ROA 23.2% in 2025. Revenue per employee was €12.9K and profit per employee €4.6K.