GlassBaltic, UAB - financials and debts

Company age: 9 y. 8 mo.

Update

GlassBaltic - 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 1,654,765 2,601,379 2,744,131 3,946,011 3,126,081 4,229,018 2,823,476 4,234,499
Profit before tax 97,773 397,216 450,517 284,015 234,117 520,011 153,873 515,982
Net profit 82,762 339,333 383,101 242,572 201,229 442,914 130,495 431,146
Equity 144,125 269,459 542,558 545,130 583,480 666,920 641,733 767,113
Liabilities 782,221 1,063,291 657,429 1,020,112 1,431,341 842,626 932,502 801,873
Non-current assets 385,609 411,303 392,962 548,246 477,431 426,472 618,071 531,249
Current assets 539,657 919,425 804,237 1,013,331 1,533,259 1,077,675 950,509 1,023,274
Total assets 925,266 1,330,728 1,197,199 1,561,577 2,010,690 1,504,147 1,568,580 1,554,523
Taxes paid
STI taxes - - - - - 158,552 244,610 93,538
Social insurance contributions - - - - - 121,817 101,073 127,570
Financial indicators
Revenue change y/y +377.4% +57.2% +5.5% +43.8% -20.8% +35.3% -33.2% +50.0%
ROA Return on Assets (ROA). The ratio of net profit to assets. Indicates the company's efficiency. 8.9% 25.5% 32.0% 15.5% 10.0% 29.4% 8.3% 27.7%
ROE Return on equity. The ratio of net profit to equity. Shows the return to shareholders. 57.4% 125.9% 70.6% 44.5% 34.5% 66.4% 20.3% 56.2%
Profit margin Net profit margin. Shows the overall profitability of the company. 5.0% 13.0% 14.0% 6.1% 6.4% 10.5% 4.6% 10.2%
EBT% EBT (Earnings Before Taxes) to revenue ratio. Shows the overall profitability of the company. 5.9% 15.3% 16.4% 7.2% 7.5% 12.3% 5.4% 12.2%
Liabilities/Equity The debt-to-equity ratio shows the company's capital structure. 5.4 3.9 1.2 1.9 2.5 1.3 1.5 1.0
Revenue per employee Ratio of revenue to the average annual number of employees. Indicates company efficiency. 220,635 195,104 189,250 198,126 171,292 240,513 167,732 267,443

Purchase full financial statements

Profit/Loss, Balance Sheet, Cash Flow, Equity

9.99 € + PVM Buy

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GlassBaltic - Social security debts

The company had no debts to Sodra

GlassBaltic - VMI tax arrears

The company had no tax arrears (debts) to the State Tax Inspectorate

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.
GlassBaltic, UAB (code 304442691) is a Private Limited Liability Company engaged in wholesale of machine tools. In the latest financial year, 2025, the company reported revenue of €4.23M and net profit of €431.1K, corresponding to a profit margin of 10.2%. Performance improved sharply from 2024, when revenue was €2.82M and net profit €130.5K, and 2025 was broadly in line with 2023, when revenue reached €4.23M and net profit €442.9K. This points to a strong rebound in both sales and profitability after a weaker 2024. The balance sheet remained stable, with total assets of €1.55M, equity of €767.1K and liabilities of €801.9K at the end of 2025. Key ratios indicate efficient use of capital, including return on equity of 56.2%, return on assets of 27.7%, debt-to-equity of 1.05 and asset turnover of 2.72x. Revenue per employee was €282.3K and profit per employee €28.7K, suggesting solid productivity in 2025.