Mažeikių miesto vietos veiklos grupė - financials and debts
Company age: 11 y. 3 mo.
Company finances
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EUR
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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
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2022
From: 2022-01-01
To: 2022-12-31
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2023
From: 2023-01-01
To: 2023-12-31
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2024
From: 2024-01-01
To: 2024-12-31
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2025
From: 2025-01-01
To: 2025-12-31
|
|---|---|---|---|---|---|---|---|---|
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Financial data
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||||||||
| Sales revenue | - | - | - | - | 8,918 | 20,126 | 18,303 | 49,032 |
| Profit before tax | - | - | - | - | 0 | 0 | -1,056 | -674 |
| Net profit | - | - | - | - | 0 | 0 | -1,056 | -674 |
| Equity | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 1,056 | 674 |
| Non-current assets | 0 | 138 | 0 | 0 | 0 | 0 | - | 2,650 |
| Current assets | 19,240 | 11,890 | 2,454 | 1,049 | 1,539 | 3,034 | - | 51,570 |
| Total assets | 19,240 | 12,028 | 2,454 | 1,049 | 1,539 | 3,034 | 0 | 54,220 |
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Taxes paid
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||||||||
| STI taxes | - | - | - | - | - | 1,718 | 2,745 | 7,477 |
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Financial indicators
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| Revenue change y/y | - | - | - | - | - | +125.7% | -9.1% | +167.9% |
| ROA Return on Assets (ROA). The ratio of net profit to assets. Indicates the company's efficiency. | - | - | - | - | 0.0% | 0.0% | - | -1.2% |
| ROE Return on equity. The ratio of net profit to equity. Shows the return to shareholders. | - | - | - | - | - | - | - | - |
| Profit margin Net profit margin. Shows the overall profitability of the company. | - | - | - | - | 0.0% | 0.0% | -5.8% | -1.4% |
| EBT% EBT (Earnings Before Taxes) to revenue ratio. Shows the overall profitability of the company. | - | - | - | - | 0.0% | 0.0% | -5.8% | -1.4% |
| Liabilities/Equity The debt-to-equity ratio shows the company's capital structure. | - | - | - | - | - | - | - | - |
| Revenue per employee Ratio of revenue to the average annual number of employees. Indicates company efficiency. | - | - | - | - | 2,973 | 8,328 | 8,135 | 16,344 |
Sales revenue
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Social security debts
| From | To | Debt, € |
|---|---|---|
| 2022-11-21 | 2022-11-29 | 0.19 |
| 2022-11-17 | 2022-11-18 | 0.19 |
| 2022-10-28 | 2022-11-02 | 0.19 |
| 2022-07-18 | 2022-07-19 | 129.51 |
VMI tax arrears
| From | To | Overdue, € |
|---|---|---|
| 2025-06-19 | 2025-06-28 | 15.03 |
| 2025-06-18 | 2025-06-18 | 179.87 |
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.
Mažeikiu miesto vietos veiklos grupe (code 304065436) is an Association active in activities of other membership organisations n.e.c. In 2025, revenue increased sharply to €49.0K, up 167.9% year on year and 143.6% over two years, after €18.3K in 2024 and €20.1K in 2023. Despite the stronger top-line performance, the company remained loss-making, reporting a net loss of €674 in 2025 versus a loss of €1.1K in 2024. The 2025 profit margin was -1.4%, indicating a much smaller deficit than the prior year. The balance sheet expanded materially: total assets reached €54.2K in 2025, compared with €3.0K in 2023, while liabilities were limited at €674. Asset turnover stood at 0.90x, and return on assets was -1.2%. With revenue per employee of €16.3K and profit per employee of -€225, the 2025 profile shows growth in activity but continued weak profitability.