Varžtų bankas, MB - financials and debts

Company age: 6 y. 11 mo.

Update

Varžtų bankas - Company finances

EUR
2019
From: 2019-10-04
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 - 40,741 98,773 116,683 133,868 124,698 123,409
Profit before tax -3,115 -7,661 11,677 - 6,560 4,528 4,738
Net profit -3,115 -7,661 11,239 - 6,232 4,302 4,454
Equity -3,113 -10,774 539 2,471 8,702 13,004 17,458
Liabilities - - - 57,760 63,108 62,499 62,776
Non-current assets 2,513 13,839 12,186 11,333 9,683 8,015 7,913
Current assets 1,892 34,687 48,225 48,898 62,127 67,488 72,321
Total assets 4,405 48,526 60,411 60,231 71,810 75,503 80,234
Taxes paid
STI taxes - - - - 6,757 6,769 7,984
Financial indicators
Revenue change y/y - - +142.4% +18.1% +14.7% -6.9% -1.0%
ROA Return on Assets (ROA). The ratio of net profit to assets. Indicates the company's efficiency. -70.7% -15.8% 18.6% - 8.7% 5.7% 5.6%
ROE Return on equity. The ratio of net profit to equity. Shows the return to shareholders. - - 2085.2% - 71.6% 33.1% 25.5%
Profit margin Net profit margin. Shows the overall profitability of the company. - -18.8% 11.4% - 4.7% 3.4% 3.6%
EBT% EBT (Earnings Before Taxes) to revenue ratio. Shows the overall profitability of the company. - -18.8% 11.8% - 4.9% 3.6% 3.8%
Liabilities/Equity The debt-to-equity ratio shows the company's capital structure. - - - 23.4 7.3 4.8 3.6
Revenue per employee Ratio of revenue to the average annual number of employees. Indicates company efficiency. - 36,667 49,387 58,342 66,934 62,349 61,705

Purchase full financial statements

Profit/Loss, Balance Sheet, Cash Flow, Equity

9.99 € + PVM Buy

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Varžtų bankas - Social security debts

From To Debt, €
2022-07-01 2022-07-03 50.95

Varžtų bankas - 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.
Varžtu bankas, MB (company code 305268845) is a small partnership engaged in retail sale of hardware, building materials, paints and glass. In 2025, the latest financial year, the company generated EUR 123.4K in revenue and EUR 4.5K in net profit, with a profit margin of 3.6%. Revenue was slightly lower year on year, down 1.0% in 2025, and the two-year change shows a decline of 7.8% from 2023. Profitability remained positive throughout the period, although net profit decreased from EUR 6.2K in 2023 to EUR 4.3K in 2024 before recovering modestly in 2025. The balance sheet strengthened over time: total assets rose from EUR 71.8K in 2023 to EUR 80.2K in 2025, while equity increased from EUR 8.7K to EUR 17.5K. Liabilities stayed broadly stable at around EUR 62.5K-62.8K. Key ratios for 2025 indicate a return on equity of 25.5%, return on assets of 5.5%, a debt-to-equity ratio of 3.60, and asset turnover of 1.54x. Revenue per employee was EUR 61.7K.