SOLVET, UAB - financials and debts

Company age: 21 y. 4 mo.

Update

SOLVET - 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: 2022-12-30
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 232,922 289,897 536,892 380,431 348,267 408,254 748,989 507,122
Profit before tax - - - - - - - 68,898
Net profit 13,807 26,205 65,464 20,714 11,185 44,466 86,988 57,690
Equity 123,732 142,691 203,154 208,869 200,673 234,138 301,127 313,815
Liabilities 26,474 77,918 69,700 39,887 55,292 41,520 204,349 38,981
Non-current assets 38,113 32,734 35,590 38,581 93,116 81,035 73,343 64,411
Current assets 111,069 187,107 236,424 209,405 161,391 193,448 431,076 287,024
Total assets 149,182 219,841 272,014 247,986 254,507 274,483 504,419 351,435
Taxes paid
STI taxes - - - - - 90,321 118,004 191,753
Financial indicators
Revenue change y/y +14.6% +24.5% +85.2% -29.1% -8.5% +17.2% +83.5% -32.3%
ROA Return on Assets (ROA). The ratio of net profit to assets. Indicates the company's efficiency. 9.3% 11.9% 24.1% 8.4% 4.4% 16.2% 17.2% 16.4%
ROE Return on equity. The ratio of net profit to equity. Shows the return to shareholders. 11.2% 18.4% 32.2% 9.9% 5.6% 19.0% 28.9% 18.4%
Profit margin Net profit margin. Shows the overall profitability of the company. 5.9% 9.0% 12.2% 5.4% 3.2% 10.9% 11.6% 11.4%
EBT% EBT (Earnings Before Taxes) to revenue ratio. Shows the overall profitability of the company. - - - - - - - 13.6%
Liabilities/Equity The debt-to-equity ratio shows the company's capital structure. 0.2 0.5 0.3 0.2 0.3 0.2 0.7 0.1
Revenue per employee Ratio of revenue to the average annual number of employees. Indicates company efficiency. 116,461 144,949 268,446 190,216 174,134 204,127 374,495 253,561

Purchase full financial statements

Profit/Loss, Balance Sheet, Cash Flow, Equity

9.99 € + PVM Buy

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SOLVET - Social security debts

From To Debt, €
2024-05-16 2024-05-19 1554.85
2023-09-18 2023-09-18 959.91

SOLVET - VMI tax arrears

From To Overdue, €
2026-09-18 2026-09-23 2976.48
2025-03-23 2025-03-24 51.25
2025-03-22 2025-03-22 51.23
2025-03-20 2025-03-21 93.21
2025-03-19 2025-03-19 92.63
2025-03-11 2025-03-18 92.02
2024-12-30 2024-12-30 4336.0

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.
SOLVET, UAB (code 300124015) is a Private Limited Liability Company engaged in the wholesale of grain, unmanufactured tobacco, seeds and animal feeds. In 2025, the latest financial year, the company generated revenue of €507.1K and net profit of €57.7K, with a profit margin of 11.4%. Revenue decreased by 32.3% year on year from the 2024 peak of €749.0K, but remained 24.2% above the 2023 level of €408.3K, showing a two-year upward trend despite the latest decline. Net profit followed a similar pattern, rising from €44.5K in 2023 to €87.0K in 2024 and then easing in 2025 while staying solid. At year-end 2025, total assets stood at €351.4K, equity at €313.8K and liabilities at €39.0K. The equity ratio was 89.3% and debt-to-equity 0.12, indicating a conservative balance sheet. Asset turnover reached 1.44x, ROE was 18.4% and ROA 16.4%. Revenue per employee was €253.6K and profit per employee €28.8K.