Ringas LT, VšĮ - financials and debts

Company age: 11 y. 8 mo.

Update

Ringas LT - 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 - 627,995 589,044 754,047 842,129 714,395 712,711 769,833
Profit before tax - - - - 38,268 19,104 28,368 -9,164
Net profit - - - - 31,967 16,188 23,373 -9,164
Equity -6,809 2,270 16,299 23,550 55,517 71,705 95,078 73,197
Liabilities 55,053 40,385 67,306 60,834 47,893 37,754 3,913 31,817
Non-current assets 0 0 0 0 798 1,602 649 2,251
Current assets 48,244 42,655 83,605 84,384 102,612 107,857 98,342 102,763
Total assets 48,244 42,655 83,605 84,384 103,410 109,459 98,991 105,014
Taxes paid
STI taxes - - - - - 34,945 36,255 65,127
Social insurance contributions - - - - - 64,665 70,651 82,353
Financial indicators
Revenue change y/y - - -6.2% +28.0% +11.7% -15.2% -0.2% +8.0%
ROA Return on Assets (ROA). The ratio of net profit to assets. Indicates the company's efficiency. - - - - 30.9% 14.8% 23.6% -8.7%
ROE Return on equity. The ratio of net profit to equity. Shows the return to shareholders. - - - - 57.6% 22.6% 24.6% -12.5%
Profit margin Net profit margin. Shows the overall profitability of the company. - - - - 3.8% 2.3% 3.3% -1.2%
EBT% EBT (Earnings Before Taxes) to revenue ratio. Shows the overall profitability of the company. - - - - 4.5% 2.7% 4.0% -1.2%
Liabilities/Equity The debt-to-equity ratio shows the company's capital structure. - 17.8 4.1 2.6 0.9 0.5 0.0 0.4
Revenue per employee Ratio of revenue to the average annual number of employees. Indicates company efficiency. - 17,205 20,975 20,994 24,829 27,129 31,214 30,091

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.

Ringas LT - Social security debts

From To Debt, €
2021-11-16 2021-11-17 11.14

Ringas LT - VMI tax arrears

From To Overdue, €
2025-08-05 2025-08-12 612.33
2025-07-17 2025-07-20 1.71
2025-06-19 2025-06-19 287.91

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.
Ringas LT, VšI (code 303559097) is a Public Institution providing social work activities without accommodation for older persons or persons with disabilities. In financial year 2025, revenue increased to €769.8K from €712.7K in 2024 and €714.4K in 2023, indicating steady top-line growth over the last two years. However, profitability weakened in 2025, when the company reported a net loss of €9.2K after net profits of €23.4K in 2024 and €16.2K in 2023. The profit margin moved from 2.3% in 2023 to 3.3% in 2024 before turning to -1.2% in 2025. At the end of 2025, total assets amounted to €105.0K, equity to €73.2K and liabilities to €31.8K. The equity ratio stood at 69.7%, while debt-to-equity was 0.43, pointing to a relatively low level of leverage. Asset turnover was 7.33x. Revenue per employee reached €30.8K, and profit per employee was -€367.