Palangos Bertas, UAB - financials and debts

Company age: 27 y. 7 mo.

Update

Palangos Bertas - Company finances

EUR
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 3,378 1,354 500 529 1,099 2,354 2,387
Profit before tax 1,343 972 81 -3,037 -1,309 197 644
Net profit 1,276 923 77 -3,037 -1,309 194 632
Equity 3,776 4,699 4,776 1,739 453 624 1,256
Liabilities -2,638 -898 -1,069 -345 660 763 110
Non-current assets 0 0 0 0 0 0 0
Current assets 1,138 3,801 3,707 1,394 1,113 1,387 1,366
Total assets 1,138 3,801 3,707 1,394 1,113 1,387 1,366
Taxes paid
STI taxes - - - - 6 6 -
Financial indicators
Revenue change y/y - -59.9% -63.1% +5.8% +107.8% +114.2% +1.4%
ROA Return on Assets (ROA). The ratio of net profit to assets. Indicates the company's efficiency. 112.1% 24.3% 2.1% -217.9% -117.6% 14.0% 46.3%
ROE Return on equity. The ratio of net profit to equity. Shows the return to shareholders. 33.8% 19.6% 1.6% -174.6% -289.0% 31.1% 50.3%
Profit margin Net profit margin. Shows the overall profitability of the company. 37.8% 68.2% 15.4% -574.1% -119.1% 8.2% 26.5%
EBT% EBT (Earnings Before Taxes) to revenue ratio. Shows the overall profitability of the company. 39.8% 71.8% 16.2% -574.1% -119.1% 8.4% 27.0%
Liabilities/Equity The debt-to-equity ratio shows the company's capital structure. - - - - 1.5 1.2 0.1
Revenue per employee Ratio of revenue to the average annual number of employees. Indicates company efficiency. 2,534 1,354 500 529 1,099 2,354 2,387

Purchase full financial statements

Profit/Loss, Balance Sheet, Cash Flow, Equity

9.99 € + PVM Buy

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Palangos Bertas - Social security debts

The company had no debts to Sodra

Palangos Bertas - 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.
Palangos Bertas, UAB (code 224742510) is a Private Limited Liability Company operating in freshwater fishing. In 2025, the company generated revenue of €2.4K, broadly unchanged from €2.4K in 2024 and up from €1.1K in 2023. Over the same period, profitability improved materially: net profit increased from a loss of €1.3K in 2023 to a profit of €194 in 2024 and €632 in 2025. The latest net profit margin was 26.5%, compared with 8.2% in 2024 and a negative margin in 2023. Balance sheet strength also improved. At the end of 2025, total assets were €1.4K, equity €1.3K and liabilities €110, indicating a very low leverage position and an equity ratio of 92.0%. Return on equity was 50.3% and return on assets 46.3%, reflecting strong profitability relative to the company’s small balance sheet base. Asset turnover stood at 1.75x. Revenue per employee in 2025 was €2.4K, and profit per employee was €632.