BALTSETA, UAB - financials and debts

Company age: 23 y. 6 mo.

Update

BALTSETA - 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 1,571,433 1,471,663 1,124,473 1,070,986 3,946,638 2,606,430 753,644 1,198,385
Profit before tax 873,228 346,931 126,836 101,218 810,857 449,304 108,785 -164,286
Net profit 742,412 293,458 107,288 82,453 682,213 376,226 91,507 -164,286
Equity 806,125 69,583 176,871 159,324 811,537 1,187,763 1,400,902 954,616
Liabilities 287,891 622,650 944,823 1,406,031 908,157 1,590,602 719,450 139,531
Non-current assets 479,604 447,017 548,588 424,756 339,735 288,388 243,743 214,721
Current assets 607,970 244,624 1,138,424 1,677,779 1,914,569 2,497,746 1,903,599 882,637
Total assets 1,087,574 691,641 1,687,012 2,102,535 2,254,304 2,786,134 2,147,342 1,097,358
Taxes paid
STI taxes - - - - - - 171,324 125,191
Social insurance contributions - - - - - 88,424 70,660 81,723
Financial indicators
Revenue change y/y +31.0% -6.3% -23.6% -4.8% +268.5% -34.0% -71.1% +59.0%
ROA Return on Assets (ROA). The ratio of net profit to assets. Indicates the company's efficiency. 68.3% 42.4% 6.4% 3.9% 30.3% 13.5% 4.3% -15.0%
ROE Return on equity. The ratio of net profit to equity. Shows the return to shareholders. 92.1% 421.7% 60.7% 51.8% 84.1% 31.7% 6.5% -17.2%
Profit margin Net profit margin. Shows the overall profitability of the company. 47.2% 19.9% 9.5% 7.7% 17.3% 14.4% 12.1% -13.7%
EBT% EBT (Earnings Before Taxes) to revenue ratio. Shows the overall profitability of the company. 55.6% 23.6% 11.3% 9.5% 20.5% 17.2% 14.4% -13.7%
Liabilities/Equity The debt-to-equity ratio shows the company's capital structure. 0.4 8.9 5.3 8.8 1.1 1.3 0.5 0.1
Revenue per employee Ratio of revenue to the average annual number of employees. Indicates company efficiency. 102,485 103,882 74,965 64,582 250,580 190,714 79,331 159,785

Purchase full financial statements

Profit/Loss, Balance Sheet, Cash Flow, Equity

9.99 € + PVM Buy

See Scoris data in Google Search

Mark Scoris as a favorite source. One click, no registration.

BALTSETA - Social security debts

From To Debt, €
2023-02-06 2023-02-06 0.01
2023-01-17 2023-02-03 0.01
2022-08-26 2022-08-28 13.17
2022-08-23 2022-08-25 11.20
2022-01-18 2022-01-26 9850.42

BALTSETA - 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.
BALTSETA, UAB (code 242129740) is a Private Limited Liability Company engaged in repair and maintenance of civilian ships and boats. In the latest financial year, 2025, revenue increased to €1.20M from €753.6K in 2024, but this followed a much stronger 2023 level of €2.61M, so the 2-year revenue trend remained clearly lower overall. The company moved from net profit of €376.2K in 2023 and €91.5K in 2024 to a net loss of €164.3K in 2025, with the profit margin turning to -13.7%. Return on equity was -17.2% and return on assets -15.0%, reflecting the loss-making year. At the same time, the balance sheet remained strongly equity funded, with equity of €954.6K, liabilities of €139.5K and total assets of €1.10M at year-end 2025. The equity ratio stood at 87.0% and debt-to-equity at 0.15, while asset turnover was 1.09x. Revenue per employee was €171.2K in 2025.