SUMMUM BIT, UAB - financials and debts

Company age: 8 y. 0 mo.

Update

SUMMUM BIT - Company finances

EUR
2018
From: 2018-09-04
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 44,400 159,850 156,500 46,985 47,475 66,032 72,725 84,900
Profit before tax - - - - - - - -
Net profit 11,984 25,354 20,185 -13,443 -6,495 9,451 342 -4,700
Equity 14,298 29,652 49,837 36,394 29,899 39,350 39,693 34,992
Liabilities 11,506 13,715 10,618 5,062 16,701 7,114 10,385 12,518
Non-current assets 0 1,030 687 344 0 678 446 214
Current assets 25,804 42,337 59,762 41,096 46,549 45,701 49,584 46,971
Total assets 25,804 43,367 60,449 41,440 46,549 46,379 50,030 47,185
Taxes paid
STI taxes - - - - - 20,048 23,024 28,386
Financial indicators
Revenue change y/y - +260.0% -2.1% -70.0% +1.0% +39.1% +10.1% +16.7%
ROA Return on Assets (ROA). The ratio of net profit to assets. Indicates the company's efficiency. 46.4% 58.5% 33.4% -32.4% -14.0% 20.4% 0.7% -10.0%
ROE Return on equity. The ratio of net profit to equity. Shows the return to shareholders. 83.8% 85.5% 40.5% -36.9% -21.7% 24.0% 0.9% -13.4%
Profit margin Net profit margin. Shows the overall profitability of the company. 27.0% 15.9% 12.9% -28.6% -13.7% 14.3% 0.5% -5.5%
EBT% EBT (Earnings Before Taxes) to revenue ratio. Shows the overall profitability of the company. - - - - - - - -
Liabilities/Equity The debt-to-equity ratio shows the company's capital structure. 0.8 0.5 0.2 0.1 0.6 0.2 0.3 0.4
Revenue per employee Ratio of revenue to the average annual number of employees. Indicates company efficiency. 14,800 53,283 52,167 16,109 22,788 30,476 28,152 28,300

Purchase full financial statements

Profit/Loss, Balance Sheet, Cash Flow, Equity

9.99 € + PVM Buy

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SUMMUM BIT - Social security debts

The company had no debts to Sodra

SUMMUM BIT - 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.
SUMMUM BIT, UAB (code 304911459) is a Private Limited Liability Company engaged in other computer programming activities. In 2025, the company generated revenue of EUR 84.9K, up 16.7% year on year and 28.6% compared with 2023. Profitability weakened over the period: net profit was EUR 9.5K in 2023, fell to EUR 342 in 2024, and turned into a EUR 4.7K loss in 2025. As a result, the latest profit margin was -5.5%, following a much weaker result after the near-breakeven 2024 outcome. The balance sheet remained relatively stable, with total assets of EUR 47.2K in 2025 versus EUR 50.0K in 2024 and EUR 46.4K in 2023. Equity stood at EUR 35.0K and liabilities at EUR 12.5K in 2025, giving an equity ratio of 74.2% and debt-to-equity of 0.36. Asset turnover was 1.80x, while return on equity was -13.4% and return on assets -10.0%. Revenue per employee was EUR 28.3K, indicating moderate operating scale despite the recent profitability pressure.