Ex novo, MB - financials and debts

Company age: 8 y. 11 mo.

Update

Ex novo - 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 44,186 32,751 35,448 206,874 314,535 363,276 1,267,169 3,758,380
Profit before tax 11,708 1,678 1,828 5,615 286 16,128 76,113 419,520
Net profit 11,123 1,592 1,737 5,334 219 13,709 64,673 352,867
Equity 14,341 12,962 14,699 20,038 20,257 33,966 99,089 431,956
Liabilities 1,468 754 138 9,447 24,264 17,524 56,749 93,663
Non-current assets 11,892 10,676 9,380 13,529 18,789 20,821 52,159 74,434
Current assets 3,917 3,040 5,457 15,956 25,732 30,669 103,229 451,016
Total assets 15,809 13,716 14,837 29,485 44,521 51,490 155,388 525,450
Taxes paid
STI taxes - - - - - 18,964 103,699 498,790
Financial indicators
Revenue change y/y +468.3% -25.9% +8.2% +483.6% +52.0% +15.5% +248.8% +196.6%
ROA Return on Assets (ROA). The ratio of net profit to assets. Indicates the company's efficiency. 70.4% 11.6% 11.7% 18.1% 0.5% 26.6% 41.6% 67.2%
ROE Return on equity. The ratio of net profit to equity. Shows the return to shareholders. 77.6% 12.3% 11.8% 26.6% 1.1% 40.4% 65.3% 81.7%
Profit margin Net profit margin. Shows the overall profitability of the company. 25.2% 4.9% 4.9% 2.6% 0.1% 3.8% 5.1% 9.4%
EBT% EBT (Earnings Before Taxes) to revenue ratio. Shows the overall profitability of the company. 26.5% 5.1% 5.2% 2.7% 0.1% 4.4% 6.0% 11.2%
Liabilities/Equity The debt-to-equity ratio shows the company's capital structure. 0.1 0.1 0.0 0.5 1.2 0.5 0.6 0.2
Revenue per employee Ratio of revenue to the average annual number of employees. Indicates company efficiency. 44,186 32,751 - - - - - -

Purchase full financial statements

Profit/Loss, Balance Sheet, Cash Flow, Equity

9.99 € + PVM Buy

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Ex novo - Social security debts

The company had no debts to Sodra

Ex novo - 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.
Ex novo, MB (code 304701934) is a Lithuanian small partnership engaged in the retail sale of hardware, building materials, paints and glass. In 2025, the company generated revenue of €3.76M and net profit of €352.9K, with a net profit margin of 9.4%. Performance strengthened materially over the last three years: revenue rose from €363.3K in 2023 to €1.27M in 2024 and then to €3.76M in 2025, while net profit increased from €13.7K to €64.7K and then to €352.9K. This indicates rapid scaling alongside improving profitability. The 2025 balance sheet shows total assets of €525.5K, equity of €432.0K and liabilities of €93.7K, leaving the company with a strong equity position and modest leverage. Key ratios also point to efficient use of capital, with ROE at 81.7%, ROA at 67.2%, debt-to-equity at 0.22 and asset turnover at 7.15x. Revenue per employee in 2025 was €3.76M, and profit per employee was €352.9K.