Telšių aeroklubas - financials and debts

Company age: 30 y. 8 mo.

Update

Company finances

EUR
2018
From: 2018-01-01
To: 2018-12-31
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 - - 3,125 16,562 25,908 10,696 79,622
Profit before tax - - - -3,551 5,059 -3,982 18,817
Net profit - - - -3,551 5,059 -3,982 18,738
Equity 0 3,077 3,236 -1,820 0 0 0
Liabilities 0 844 236 237 202 323 284
Non-current assets 0 0 0 0 0 4,479 16,094
Current assets 0 3,921 8,557 5,008 10,032 1,692 8,776
Total assets 0 3,921 8,557 5,008 10,032 6,171 24,870
Financial indicators
Revenue change y/y - - - +430.0% +56.4% -58.7% +644.4%
ROA Return on Assets (ROA). The ratio of net profit to assets. Indicates the company's efficiency. - - - -70.9% 50.4% -64.5% 75.3%
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. - - - -21.4% 19.5% -37.2% 23.5%
EBT% EBT (Earnings Before Taxes) to revenue ratio. Shows the overall profitability of the company. - - - -21.4% 19.5% -37.2% 23.6%
Liabilities/Equity The debt-to-equity ratio shows the company's capital structure. - 0.3 0.1 - - - -
Revenue per employee Ratio of revenue to the average annual number of employees. Indicates company efficiency. - - - - - - -

Purchase full financial statements

Profit/Loss, Balance Sheet, Cash Flow, Equity

9.99 € + PVM Buy

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Social security debts

The company had no debts to Sodra

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.
Telšiu aeroklubas (code 193020521) is an Association engaged in activities of sports clubs. In 2025, the company generated revenue of €79.6K and net profit of €18.7K, corresponding to a profit margin of 23.5%. Revenue increased by 644.4% year on year, and by 207.3% over two years, showing a strong rebound after a weak 2024. In 2023, revenue was €25.9K and net profit €5.1K, followed by a decline in 2024 to €10.7K and a net loss of €4.0K. The 2025 result therefore marks a clear return to profitability and the strongest year in the period. At the balance sheet level, total assets rose to €24.9K in 2025 from €6.2K in 2024, while liabilities remained low at €284. The company reported long-term assets of €16.1K and short-term assets of €8.8K in 2025. Key efficiency indicators were also strong in 2025, with return on assets at 75.3% and asset turnover at 3.20x, reflecting high revenue generation relative to the asset base.