KORMAX, UAB - financials and debts

Company age: 13 y. 2 mo.

Update

KORMAX - 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 74,696 103,430 154,485 204,539 138,301 95,130 106,368 40,795
Profit before tax - - - - - - - -
Net profit -16,495 4,789 19,481 40,367 4,568 -8,747 -10,016 -32,156
Equity 32,287 37,076 56,587 96,954 101,522 92,774 82,757 50,602
Liabilities 15,786 55,349 10,458 18,948 18,893 18,921 7,873 34,991
Non-current assets 4,751 2,766 2,258 3,052 3,395 2,088 1,110 383
Current assets 24,214 25,359 64,466 112,253 116,620 109,184 89,080 84,729
Total assets 28,965 28,125 66,724 115,305 120,015 111,272 90,190 85,112
Taxes paid
STI taxes - - - - - 16,664 20,858 8,282
Financial indicators
Revenue change y/y -36.1% +38.5% +49.4% +32.4% -32.4% -31.2% +11.8% -61.6%
ROA Return on Assets (ROA). The ratio of net profit to assets. Indicates the company's efficiency. -56.9% 17.0% 29.2% 35.0% 3.8% -7.9% -11.1% -37.8%
ROE Return on equity. The ratio of net profit to equity. Shows the return to shareholders. -51.1% 12.9% 34.4% 41.6% 4.5% -9.4% -12.1% -63.5%
Profit margin Net profit margin. Shows the overall profitability of the company. -22.1% 4.6% 12.6% 19.7% 3.3% -9.2% -9.4% -78.8%
EBT% EBT (Earnings Before Taxes) to revenue ratio. Shows the overall profitability of the company. - - - - - - - -
Liabilities/Equity The debt-to-equity ratio shows the company's capital structure. 0.5 1.5 0.2 0.2 0.2 0.2 0.1 0.7
Revenue per employee Ratio of revenue to the average annual number of employees. Indicates company efficiency. 24,899 42,798 77,243 102,270 69,151 47,565 53,184 20,398

Purchase full financial statements

Profit/Loss, Balance Sheet, Cash Flow, Equity

9.99 € + PVM Buy

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KORMAX - Social security debts

From To Debt, €
2026-09-05 2026-09-13 2.85
2026-07-23 2026-07-26 3.94
2026-06-25 2026-07-02 480.52
2026-06-16 2026-06-24 500.91
2026-05-17 2026-05-21 502.34
2026-05-03 2026-05-14 1.43
2026-04-28 2026-04-29 1.43
2026-04-27 2026-04-27 502.34
2026-04-26 2026-04-26 500.91
2026-04-24 2026-04-25 502.34
2026-04-20 2026-04-23 500.91
2026-03-17 2026-03-27 499.81
2026-01-22 2026-02-01 1.99
2025-12-16 2025-12-29 499.07
2025-01-16 2025-01-16 479.79

KORMAX - VMI tax arrears

From To Overdue, €
2025-07-28 2025-07-29 1869.06

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.
KORMAX, UAB (company code 303110857) is a Private Limited Liability Company engaged in the wholesale of wood, construction materials and sanitary equipment. In the latest financial year, 2025, revenue fell to €40.8K from €106.4K in 2024 and €95.1K in 2023, showing a marked deterioration in operating scale after a relatively stronger 2024. The company remained loss-making, with a net loss of €32.2K in 2025 compared with losses of €10.0K in 2024 and €8.7K in 2023. Balance sheet figures also weakened during the year: total assets stood at €85.1K, equity at €50.6K and liabilities at €35.0K. The equity ratio was 59.5%, while debt to equity was 0.69 and asset turnover was 0.48x, indicating moderate balance sheet leverage and limited use of assets to generate revenue. Revenue per employee was €20.4K and profit per employee was -€16.1K, reflecting weak productivity in 2025.