Aukštaitijos regiono asociacija "ARTRITAS" - financials and debts

Aukštaitijos regiono asociacija "ARTRITAS" (code 190860470) is an Association engaged in activities of other membership organisations n.e.c. In the latest financial year, 2025, the organisation generated revenue of EUR 63.0K, up 10.1% year on year after EUR 57.2K in 2024. Over the three-year period, revenue moved from EUR 79.4K in 2023 to a lower level in 2024 and then partially recovered in 2025, leaving the latest result below the 2023 level by 20.6% over two years. Profitability was very thin in the only reported profit figure, as 2023 net profit was a loss of EUR 137. The balance sheet remained modest in 2025, with total assets of EUR 665, liabilities of EUR 82 and negative equity of EUR 377, indicating a weak capital base. The reported equity ratio was negative, and the debt-to-equity figure should be viewed in that context. Asset turnover was very high relative to the small asset base, and revenue per employee was EUR 10.5K, suggesting limited operating scale in 2025.