Ignitis renewables, UAB - financials and debts

Company age: 7 y. 8 mo.

Update

Ignitis renewables - Company finances

EUR
2019
From: 2019-01-14
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 77,000 309,000 272,000 283,000 3,165,000 7,709,000 22,127,000
Profit before tax 592,000 5,458,000 1,360,000 925,000 20,725,000 -16,165,000 -71,825,000
Net profit - 6,064,000 1,871,000 2,215,000 22,682,000 -13,475,000 -62,505,000
Equity 45,292,000 51,356,000 56,032,000 56,496,000 208,181,000 213,309,000 200,811,000
Liabilities - - - 331,369,000 774,725,000 1,128,221,000 1,278,958,000
Non-current assets 96,664,000 109,699,000 169,254,000 338,711,000 973,385,000 1,270,569,000 1,245,008,000
Current assets 6,180,000 4,604,000 10,206,000 49,154,000 9,521,000 70,961,000 234,761,000
Total assets 102,844,000 114,303,000 179,460,000 387,865,000 982,906,000 1,341,530,000 1,479,769,000
Taxes paid
STI taxes - - - - - 4,048 -
Social insurance contributions - - - - 1,207,612 2,107,491 2,965,641
Financial indicators
Revenue change y/y - +301.3% -12.0% +4.0% +1018.4% +143.6% +187.0%
ROA Return on Assets (ROA). The ratio of net profit to assets. Indicates the company's efficiency. - 5.3% 1.0% 0.6% 2.3% -1.0% -4.2%
ROE Return on equity. The ratio of net profit to equity. Shows the return to shareholders. - 11.8% 3.3% 3.9% 10.9% -6.3% -31.1%
Profit margin Net profit margin. Shows the overall profitability of the company. - 1962.5% 687.9% 782.7% 716.7% -174.8% -282.5%
EBT% EBT (Earnings Before Taxes) to revenue ratio. Shows the overall profitability of the company. 768.8% 1766.3% 500.0% 326.9% 654.8% -209.7% -324.6%
Liabilities/Equity The debt-to-equity ratio shows the company's capital structure. - - - 5.9 3.7 5.3 6.4
Revenue per employee Ratio of revenue to the average annual number of employees. Indicates company efficiency. 14,215 31,424 16,912 6,916 37,904 50,969 114,008

Purchase full financial statements

Profit/Loss, Balance Sheet, Cash Flow, Equity

9.99 € + PVM Buy

Consolidated Ignitis renewables finance

EUR
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 57,847,000 47,892,000 85,003,000 122,414,000
Profit before tax 18,621,000 3,328,000 8,289,000 -48,796,000
Net profit 13,404,000 8,051,000 4,608,000 -46,245,000
Equity 68,211,000 232,254,000 256,095,000 260,908,000
Liabilities 462,689,000 975,771,000 1,403,400,000 1,627,748,000
Non-current assets 420,346,000 1,080,331,000 1,419,689,000 1,631,251,000
Current assets 110,554,000 127,694,000 239,806,000 257,405,000
Total assets 530,900,000 1,208,025,000 1,659,495,000 1,888,656,000

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Ignitis renewables - Social security debts

From To Debt, €
2025-03-18 2025-03-20 6.68
2022-10-28 2022-11-13 0.61
2022-10-18 2022-10-19 219.87
2022-09-16 2022-09-19 640.97
2021-10-18 2021-10-19 57.44

Ignitis renewables - VMI tax arrears

From To Overdue, €
2026-03-20 2026-03-24 2.14
2026-03-16 2026-03-19 1.07
2026-03-13 2026-03-15 1.76
2026-03-02 2026-03-12 2.15
2026-02-03 2026-02-16 8894792.22
2026-01-31 2026-02-02 8887866.9
2026-01-29 2026-01-30 8883250.02

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.
Ignitis renewables, UAB (code 304988904) is a Private Limited Liability Company engaged in business and other management consultancy activities. In 2025, revenue increased to €22.13M, up from €7.71M in 2024 and €3.17M in 2023, showing strong top-line growth over the last three years. Despite this, profitability weakened materially: net profit was €22.68M in 2023, turned to a loss of €13.47M in 2024, and deepened further to a loss of €62.51M in 2025. The latest year also shows a negative pre-tax result of €71.83M. At year-end 2025, total assets reached €1.48B, with equity of €200.81M and liabilities of €1.28B. The equity ratio stood at 13.6%, while debt to equity was 6.37. Asset turnover remained very low at 0.01x, indicating that a large asset base generated limited revenue. Return on equity was -31.1% and return on assets -4.2%. Revenue per employee was €114.1K, while profit per employee was negative, reflecting the 2025 loss-making position.