Advancas, MB - financials and debts

Company age: 7 y. 7 mo.

Update

Advancas - Company finances

EUR
2019
From: 2019-02-22
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 34,364 50,120 127,372 63,700 46,569 60,750 69,470
Profit before tax 4,930 7,285 5,754 1,658 1,172 3,417 -
Net profit 4,930 6,921 5,466 1,575 1,137 3,273 5,973
Equity 5,030 11,952 10,418 9,492 7,776 11,787 17,760
Liabilities - - - 3,052 2,573 1,902 66,088
Non-current assets 0 0 1,976 1,425 874 323 145,056
Current assets 7,671 27,144 15,851 11,119 9,475 39,166 18,450
Total assets 7,671 27,144 17,827 12,544 10,349 39,489 163,506
Taxes paid
STI taxes - - - - 9,545 16,575 6,575
Financial indicators
Revenue change y/y - +45.9% +154.1% -50.0% -26.9% +30.5% +14.4%
ROA Return on Assets (ROA). The ratio of net profit to assets. Indicates the company's efficiency. 64.3% 25.5% 30.7% 12.6% 11.0% 8.3% 3.7%
ROE Return on equity. The ratio of net profit to equity. Shows the return to shareholders. 98.0% 57.9% 52.5% 16.6% 14.6% 27.8% 33.6%
Profit margin Net profit margin. Shows the overall profitability of the company. 14.3% 13.8% 4.3% 2.5% 2.4% 5.4% 8.6%
EBT% EBT (Earnings Before Taxes) to revenue ratio. Shows the overall profitability of the company. 14.3% 14.5% 4.5% 2.6% 2.5% 5.6% -
Liabilities/Equity The debt-to-equity ratio shows the company's capital structure. - - - 0.3 0.3 0.2 3.7
Revenue per employee Ratio of revenue to the average annual number of employees. Indicates company efficiency. - - - - 46,569 33,137 25,009

Purchase full financial statements

Profit/Loss, Balance Sheet, Cash Flow, Equity

9.99 € + PVM Buy

See Scoris data in Google Search

Mark Scoris as a favorite source. One click, no registration.

Advancas - Social security debts

From To Debt, €
2024-02-19 2024-03-14 0.01
2024-01-23 2024-02-12 0.01

Advancas - 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.
Advancas, MB (code 305039241) is a Lithuanian small partnership engaged in other computer programming activities. In 2025, the company generated revenue of €69.5K, up 14.3% year on year and 49.2% over two years. Net profit increased to €6.0K in 2025 from €3.3K in 2024 and €1.1K in 2023, showing a steady improvement in profitability. The profit margin rose to 8.6% in 2025, compared with 5.4% in 2024 and 2.4% in 2023. The balance sheet expanded sharply in 2025, with total assets reaching €163.5K from €39.5K a year earlier. This was driven mainly by long-term assets of €145.1K, while short-term assets were €18.4K. Equity increased to €17.8K, but liabilities also rose to €66.1K, leaving an equity ratio of 10.9% and debt-to-equity of 3.72. Return on equity was 33.6% and return on assets 3.6%. Asset turnover stood at 0.42x. Revenue per employee was €34.7K and profit per employee €3.0K in 2025.