Codesis, MB - financials and debts

Company age: 6 y. 6 mo.

Update

Codesis - Company finances

EUR
2020
From: 2020-03-24
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 49,214 12,480 12,090 56,565 105,280 168,770
Profit before tax 11,437 1,143 -5,614 7,727 53,059 101,693
Net profit 11,437 1,086 -5,614 7,602 50,406 95,572
Equity 11,537 12,623 7,008 14,610 51,016 38,942
Liabilities 698 790 1,007 1,940 5,019 13,814
Non-current assets 1,353 774 194 1 1 1,624
Current assets 10,882 12,639 7,821 16,549 56,034 51,132
Total assets 12,235 13,413 8,015 16,550 56,035 52,756
Taxes paid
STI taxes - - - 15,103 29,123 52,556
Financial indicators
Revenue change y/y - -74.6% -3.1% +367.9% +86.1% +60.3%
ROA Return on Assets (ROA). The ratio of net profit to assets. Indicates the company's efficiency. 93.5% 8.1% -70.0% 45.9% 90.0% 181.2%
ROE Return on equity. The ratio of net profit to equity. Shows the return to shareholders. 99.1% 8.6% -80.1% 52.0% 98.8% 245.4%
Profit margin Net profit margin. Shows the overall profitability of the company. 23.2% 8.7% -46.4% 13.4% 47.9% 56.6%
EBT% EBT (Earnings Before Taxes) to revenue ratio. Shows the overall profitability of the company. 23.2% 9.2% -46.4% 13.7% 50.4% 60.3%
Liabilities/Equity The debt-to-equity ratio shows the company's capital structure. 0.1 0.1 0.1 0.1 0.1 0.4
Revenue per employee Ratio of revenue to the average annual number of employees. Indicates company efficiency. - - - - - -

Purchase full financial statements

Profit/Loss, Balance Sheet, Cash Flow, Equity

9.99 € + PVM Buy

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Codesis - Social security debts

From To Debt, €
2024-09-03 2024-09-30 140.74
2024-08-01 2024-09-02 76.24
2024-07-02 2024-07-31 11.74
2023-05-04 2023-05-31 117.26
2023-05-02 2023-05-03 58.63
2023-04-03 2023-04-30 58.63
2023-03-01 2023-03-31 93.93
2023-02-01 2023-02-28 35.30

Codesis - VMI tax arrears

From To Overdue, €
2025-02-20 2025-02-21 11.0
2025-02-07 2025-02-10 13.33

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.
Codesis, MB (company code 305522610) is a Lithuanian small partnership engaged in other software publishing. In the latest financial year, 2025, the company generated revenue of €168.8K, up 60.3% year on year and almost tripling over two years from €56.6K in 2023. Net profit reached €95.6K, compared with €50.4K in 2024 and €7.6K in 2023, showing a strong upward trajectory in profitability. The 2025 profit margin was 56.6%, indicating very high operating efficiency for the year. The balance sheet remained relatively small, with total assets of €52.8K, equity of €38.9K and liabilities of €13.8K at year-end 2025. Asset turnover was 3.20x, suggesting effective use of assets to generate sales. ROE and ROA were very high in 2025, but they should be viewed in the context of the company’s modest equity and asset base. Compared with 2024, equity declined from €51.0K while liabilities increased, even as revenue and profit continued to expand.