Project 28, UAB - financials and debts

Company age: 13 y. 5 mo.

Update

Project 28 - 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 44,962 44,997 106,875 168,193 293,474 295,532 442,575 480,823
Profit before tax 4,017 1,477 29,475 57,741 100,543 48,638 86,215 35,988
Net profit 3,679 603 29,339 57,581 99,793 47,166 83,937 30,230
Equity 24,174 7,777 32,237 70,831 101,209 44,708 46,984 51,283
Liabilities 30,787 52,478 44,230 149,002 194,005 237,821 351,659 378,982
Non-current assets 4,080 15,512 7,016 8,594 5,548 2,785 111,952 89,283
Current assets 50,881 44,743 69,451 211,239 289,666 279,744 286,691 340,982
Total assets 54,961 60,255 76,467 219,833 295,214 282,529 398,643 430,265
Taxes paid
STI taxes - - - - - 63,486 91,495 105,090
Social insurance contributions - - - - - 15,670 20,274 31,866
Financial indicators
Revenue change y/y +1.1% +0.1% +137.5% +57.4% +74.5% +0.7% +49.8% +8.6%
ROA Return on Assets (ROA). The ratio of net profit to assets. Indicates the company's efficiency. 6.7% 1.0% 38.4% 26.2% 33.8% 16.7% 21.1% 7.0%
ROE Return on equity. The ratio of net profit to equity. Shows the return to shareholders. 15.2% 7.8% 91.0% 81.3% 98.6% 105.5% 178.7% 58.9%
Profit margin Net profit margin. Shows the overall profitability of the company. 8.2% 1.3% 27.5% 34.2% 34.0% 16.0% 19.0% 6.3%
EBT% EBT (Earnings Before Taxes) to revenue ratio. Shows the overall profitability of the company. 8.9% 3.3% 27.6% 34.3% 34.3% 16.5% 19.5% 7.5%
Liabilities/Equity The debt-to-equity ratio shows the company's capital structure. 1.3 6.7 1.4 2.1 1.9 5.3 7.5 7.4
Revenue per employee Ratio of revenue to the average annual number of employees. Indicates company efficiency. 14,987 10,188 19,731 37,376 58,695 49,255 68,972 75,920

Purchase full financial statements

Profit/Loss, Balance Sheet, Cash Flow, Equity

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Project 28 - Social security debts

From To Debt, €
2024-10-16 2024-10-20 1512.68

Project 28 - VMI tax arrears

From To Overdue, €
2026-04-05 2026-04-13 3323.9
2026-04-01 2026-04-04 6335.3
2026-03-27 2026-03-31 3491.27
2025-04-17 2025-04-17 4267.39

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.
Project 28, UAB (code 303041489) is a Private Limited Liability Company engaged in architectural activities. In 2025, the company generated revenue of EUR 480.8K, up 8.6% year on year and 62.7% over two years. Net profit was EUR 30.2K, with a profit margin of 6.3%, compared with EUR 83.9K in 2024 and EUR 47.2K in 2023. The decline in 2025 profitability followed a stronger 2024 result, even as sales continued to grow. Total assets increased to EUR 430.3K in 2025 from EUR 398.6K in 2024 and EUR 282.5K in 2023. Equity stood at EUR 51.3K, while liabilities reached EUR 379.0K, indicating a highly leveraged balance sheet. The equity ratio was 11.9% and debt to equity was 7.39. Asset turnover was 1.12x, reflecting revenue generation relative to the asset base. Return on equity was 59.0% and return on assets was 7.0%. Revenue per employee was EUR 80.1K, and profit per employee was EUR 5.0K.