Kovinio sporto klubas "RINGS" - financials and debts

Company age: 17 y. 9 mo.

Update

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 - 9,335 - - 9,658 32,526 20,102 24,160
Profit before tax - - - - 0 963 0 0
Net profit - - - - 0 915 0 0
Equity 276 1,296 0 0 0 915 915 915
Liabilities 1,788 1,981 2,017 1,155 1,100 499 24 584
Non-current assets 0 0 1,623 1,104 1,031 129 0 779
Current assets 2,064 3,277 3,323 2,699 4,813 18,134 25,253 21,020
Total assets 2,064 3,277 4,946 3,803 5,844 18,263 25,253 21,799
Taxes paid
STI taxes - - - - - - - 476
Financial indicators
Revenue change y/y - - - - - +236.8% -38.2% +20.2%
ROA Return on Assets (ROA). The ratio of net profit to assets. Indicates the company's efficiency. - - - - 0.0% 5.0% 0.0% 0.0%
ROE Return on equity. The ratio of net profit to equity. Shows the return to shareholders. - - - - - 100.0% 0.0% 0.0%
Profit margin Net profit margin. Shows the overall profitability of the company. - - - - 0.0% 2.8% 0.0% 0.0%
EBT% EBT (Earnings Before Taxes) to revenue ratio. Shows the overall profitability of the company. - - - - 0.0% 3.0% 0.0% 0.0%
Liabilities/Equity The debt-to-equity ratio shows the company's capital structure. 6.5 1.5 - - - 0.5 0.0 0.6
Revenue per employee Ratio of revenue to the average annual number of employees. Indicates company efficiency. - 3,112 - - 3,219 10,842 6,701 8,053

Purchase full financial statements

Profit/Loss, Balance Sheet, Cash Flow, Equity

9.99 € + PVM Buy

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Social security debts

From To Debt, €
2026-01-21 2026-01-25 125.39

VMI tax arrears

From To Overdue, €
2026-01-16 2026-01-24 0.62
2025-01-16 2025-02-10 0.62

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.
Kovinio sporto klubas "RINGS" (code 302290690) is an Association operating in activities of sports clubs. In the latest financial year, 2025, it generated revenue of €24.2K, up 20.2% year on year, after €20.1K in 2024 and €32.5K in 2023. This shows a decline from 2023 to 2024, followed by a partial recovery in 2025, although revenue remained below the 2023 level. The only disclosed profit figure is for 2023, when net profit reached €915 and the profit margin was 2.8%. For 2025, the balance sheet shows total assets of €21.8K, equity of €915 and liabilities of €584. The equity ratio stood at 4.2%, indicating a thin capital base relative to assets. Debt to equity was 0.64 and asset turnover was 1.11x, suggesting moderate use of assets in generating revenue. Revenue per employee was €8.1K, providing a reference point for productivity in the latest year.