Avesco Rent Lithuania, UAB - financials and debts

Company age: 8 y. 7 mo.

Update

Avesco Rent Lithuania - Company finances

EUR
2018
From: 2018-02-28
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 896,444 2,123,403 3,175,728 4,415,346 4,743,303 5,055,659 5,732,073 6,359,467
Profit before tax -223,293 - -633,314 560,404 271,068 -56,772 -311,227 -404,771
Net profit -223,293 -663,771 -633,314 624,002 289,811 -53,811 -259,627 -499,568
Equity 26,707 122,935 166,686 790,688 1,080,498 1,026,687 767,060 267,492
Liabilities 6,607,824 9,821,329 10,713,503 9,940,229 8,774,525 9,637,994 10,311,501 10,524,303
Non-current assets 4,802,566 9,257,751 8,383,683 9,642,525 8,769,689 9,306,935 9,684,534 8,716,498
Current assets 1,922,556 769,543 2,606,437 1,300,983 1,107,539 1,409,657 1,455,172 2,113,772
Total assets 6,725,122 10,027,294 10,990,120 10,943,508 9,877,228 10,716,592 11,139,706 10,830,270
Taxes paid
STI taxes - - - - - 414,963 779,037 1,166,339
Social insurance contributions - - - - - 140,110 185,005 221,126
Financial indicators
Revenue change y/y - +136.9% +49.6% +39.0% +7.4% +6.6% +13.4% +10.9%
ROA Return on Assets (ROA). The ratio of net profit to assets. Indicates the company's efficiency. -3.3% -6.6% -5.8% 5.7% 2.9% -0.5% -2.3% -4.6%
ROE Return on equity. The ratio of net profit to equity. Shows the return to shareholders. -836.1% -539.9% -379.9% 78.9% 26.8% -5.2% -33.8% -186.8%
Profit margin Net profit margin. Shows the overall profitability of the company. -24.9% -31.3% -19.9% 14.1% 6.1% -1.1% -4.5% -7.9%
EBT% EBT (Earnings Before Taxes) to revenue ratio. Shows the overall profitability of the company. -24.9% - -19.9% 12.7% 5.7% -1.1% -5.4% -6.4%
Liabilities/Equity The debt-to-equity ratio shows the company's capital structure. 247.4 79.9 64.3 12.6 8.1 9.4 13.4 39.3
Revenue per employee Ratio of revenue to the average annual number of employees. Indicates company efficiency. 224,111 227,508 282,287 333,234 321,580 283,495 290,232 290,165

Purchase full financial statements

Profit/Loss, Balance Sheet, Cash Flow, Equity

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Avesco Rent Lithuania - Social security debts

From To Debt, €
2025-07-16 2025-07-20 1265.75
2025-04-30 2025-04-30 0.38
2025-04-24 2025-04-29 0.01
2025-04-16 2025-04-23 0.38
2025-03-18 2025-03-18 1.73
2025-01-16 2025-01-16 9.69
2024-03-18 2024-03-26 5.00
2023-11-16 2023-11-20 104.23
2023-09-18 2023-09-21 12.88
2023-02-17 2023-02-20 105.66
2023-02-06 2023-02-06 0.61
2023-01-23 2023-02-03 0.61
2023-01-17 2023-01-18 88.38
2022-11-21 2022-12-07 88.38
2022-11-17 2022-11-18 88.38
2022-07-25 2022-08-03 0.24
2022-07-18 2022-07-20 103.56
2022-06-16 2022-07-04 40.48
2022-02-17 2022-02-20 139.46
2022-01-18 2022-01-18 223.76

Avesco Rent Lithuania - 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.
Avesco Rent Lithuania, UAB (code 304777177) is a Private Limited Liability Company active in the rental and leasing of construction and civil engineering machinery and equipment. In 2025, revenue increased to €6.36M, up from €5.73M in 2024 and €5.06M in 2023, showing steady top-line growth over two years. However, profitability weakened materially: net profit moved from a loss of €53.8K in 2023 to €259.6K in 2024 and €499.6K in 2025, while the net margin declined from -1.1% to -4.5% and then to -7.9%. The balance sheet remained highly leveraged, with total assets of €10.83M in 2025, equity of €267.5K and liabilities of €10.52M. Long-term assets accounted for €8.72M, while short-term assets were €2.11M. Key ratios point to a weak capital structure and limited returns, including a 2.5% equity ratio, 0.59x asset turnover and a negative ROA of -4.6%. Revenue per employee was €302.8K, while profit per employee was negative.