Panevėžio sporto klubas "VORAS" - financials and debts

Company age: 28 y. 8 mo.

Update

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 - 15,269 9,089 6,326 7,564 6,853 5,058 4,756
Profit before tax - 0 0 0 0 0 0 0
Net profit - 0 0 0 0 0 0 0
Equity 0 0 0 0 0 0 0 0
Liabilities 11,863 14,313 16,076 14,392 15,163 12,708 10,926 10,509
Non-current assets 5,222 3,366 1,509 0 0 0 0 0
Current assets 385 457 8 4 3 20 97 18
Total assets 5,607 3,823 1,517 4 3 20 97 18
Taxes paid
STI taxes - - - - - 661 90 -
Financial indicators
Revenue change y/y - - -40.5% -30.4% +19.6% -9.4% -26.2% -6.0%
ROA Return on Assets (ROA). The ratio of net profit to assets. Indicates the company's efficiency. - 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0%
ROE Return on equity. The ratio of net profit to equity. Shows the return to shareholders. - - - - - - - -
Profit margin Net profit margin. Shows the overall profitability of the company. - 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0%
EBT% EBT (Earnings Before Taxes) to revenue ratio. Shows the overall profitability of the company. - 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0%
Liabilities/Equity The debt-to-equity ratio shows the company's capital structure. - - - - - - - -
Revenue per employee Ratio of revenue to the average annual number of employees. Indicates company efficiency. - 10,778 10,387 6,326 7,564 6,853 5,058 4,756

Purchase full financial statements

Profit/Loss, Balance Sheet, Cash Flow, Equity

9.99 € + PVM Buy

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Social security debts

From To Debt, €
2026-02-18 2026-03-09 0.02
2026-01-21 2026-02-12 0.02
2025-11-18 2025-11-20 17.58

VMI tax arrears

The company had no tax arrears (debts) to the State Tax Inspectorate

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.
Panevežio sporto klubas "VORAS" (code 148202087) is an Association engaged in activities of sports clubs. In the latest financial year 2025, the company generated revenue of €4.8K, down 6.0% year on year and 30.6% lower than two years earlier, indicating a gradual weakening of turnover over the 2023–2025 period. Revenue declined from €6.9K in 2023 to €5.1K in 2024 and then to €4.8K in 2025. The balance sheet remained very small: total assets were €18 in 2025, compared with €97 in 2024 and €20 in 2023, while liabilities stood at €10.5K in 2025 after €10.9K in 2024 and €12.7K in 2023. Because the asset base was minimal, asset turnover was exceptionally high and should be viewed in the context of the very small balance sheet. Revenue per employee was €4.8K in 2025. Overall, the available data show a small sports association with modest revenue, declining sales over the period, and liabilities materially exceeding reported assets.