VMG Akmenės baldai, UAB - financials and debts

Company age: 6 y. 1 mo.

Update

VMG Akmenės baldai - Company finances

EUR
2020
From: 2020-08-25
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 - 371,583 69,021 5,517,000 16,231,000 29,186,000
Profit before tax -45,806 -3,824,267 -7,215,420 -12,597,000 -15,133,000 -14,186,000
Net profit -45,806 -3,824,267 -7,215,420 -12,597,000 -15,133,000 -14,186,000
Equity 54,194 -3,770,073 -10,985,493 -5,082,000 -20,215,000 3,599,000
Liabilities 560,017 24,063,551 68,774,020 63,397,000 77,643,000 56,691,000
Non-current assets 645,293 16,874,289 52,754,037 51,192,000 46,779,000 42,092,000
Current assets 3,272 1,394,376 3,096,755 5,410,000 8,619,000 16,452,000
Total assets 648,565 18,268,665 55,850,792 56,602,000 55,398,000 58,544,000
Taxes paid
Social insurance contributions - - - 422,622 849,886 1,426,880
Financial indicators
Revenue change y/y - - -81.4% +7893.2% +194.2% +79.8%
ROA Return on Assets (ROA). The ratio of net profit to assets. Indicates the company's efficiency. -7.1% -20.9% -12.9% -22.3% -27.3% -24.2%
ROE Return on equity. The ratio of net profit to equity. Shows the return to shareholders. -84.5% - - - - -394.2%
Profit margin Net profit margin. Shows the overall profitability of the company. - -1029.2% -10453.9% -228.3% -93.2% -48.6%
EBT% EBT (Earnings Before Taxes) to revenue ratio. Shows the overall profitability of the company. - -1029.2% -10453.9% -228.3% -93.2% -48.6%
Liabilities/Equity The debt-to-equity ratio shows the company's capital structure. 10.3 - - - - 15.8
Revenue per employee Ratio of revenue to the average annual number of employees. Indicates company efficiency. - 26,542 2,282 52,377 85,277 93,495

Purchase full financial statements

Profit/Loss, Balance Sheet, Cash Flow, Equity

9.99 € + PVM Buy

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VMG Akmenės baldai - Social security debts

From To Debt, €
2026-01-21 2026-02-12 0.05
2025-10-16 2025-10-20 30.20
2025-09-16 2025-09-22 0.02
2025-09-10 2025-09-10 0.02

VMG Akmenės baldai - 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.
VMG Akmenes baldai, UAB (code 305610964) is a Private Limited Liability Company engaged in manufacture of furniture. In financial year 2025, revenue increased to €29.19M from €16.23M in 2024 and €5.52M in 2023, indicating a strong upward trajectory. The company posted 79.8% year-on-year revenue growth in 2025 and 429.0% growth over two years. Profitability remained weak, however: net loss was €14.19M in 2025, compared with a €15.13M loss in 2024 and €12.60M in 2023. The 2025 net margin was -48.6%, showing that losses persisted despite higher sales. Total assets amounted to €58.54M at the end of 2025, with equity at €3.60M after negative equity in the two prior years. Liabilities stood at €56.69M, leaving an equity ratio of 6.2% and a debt-to-equity ratio of 15.75. Asset turnover was 0.50x. Revenue per employee reached €93.5K in 2025, while profit per employee was negative.