Morenginė, MB - financials and debts

Company age: 5 y. 11 mo.

Update

Morenginė - Company finances

EUR
2020
From: 2020-10-27
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 2,089 23,838 23,289 21,077 34,011 34,398
Profit before tax -452 3,814 -666 -1,444 6,831 6,604
Net profit -452 3,646 -666 -1,444 6,595 6,196
Equity -452 3,194 2,528 1,084 7,679 12,375
Liabilities - - 908 2,102 524 932
Non-current assets 13,944 11,112 8,281 5,449 2,617 21
Current assets 5,652 6,708 5,022 3,186 8,203 13,307
Total assets 19,596 17,820 13,303 8,635 10,820 13,328
Taxes paid
STI taxes - - - 3,011 2,421 964
Financial indicators
Revenue change y/y - +1041.1% -2.3% -9.5% +61.4% +1.1%
ROA Return on Assets (ROA). The ratio of net profit to assets. Indicates the company's efficiency. -2.3% 20.5% -5.0% -16.7% 61.0% 46.5%
ROE Return on equity. The ratio of net profit to equity. Shows the return to shareholders. - 114.2% -26.3% -133.2% 85.9% 50.1%
Profit margin Net profit margin. Shows the overall profitability of the company. -21.6% 15.3% -2.9% -6.9% 19.4% 18.0%
EBT% EBT (Earnings Before Taxes) to revenue ratio. Shows the overall profitability of the company. -21.6% 16.0% -2.9% -6.9% 20.1% 19.2%
Liabilities/Equity The debt-to-equity ratio shows the company's capital structure. - - 0.4 1.9 0.1 0.1
Revenue per employee Ratio of revenue to the average annual number of employees. Indicates company efficiency. - - 23,289 - - -

Purchase full financial statements

Profit/Loss, Balance Sheet, Cash Flow, Equity

9.99 € + PVM Buy

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Morenginė - Social security debts

From To Debt, €
2023-07-19 2023-07-31 680.84

Morenginė - 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.
Morengine, MB (code 305648484) is a Lithuanian small partnership engaged in bread production and the manufacture of fresh pastry goods and cakes. In the latest financial year, 2025, the company generated revenue of €34.4K, compared with €34.0K in 2024 and €21.1K in 2023. This shows a strong two-year increase in sales, with revenue up 63.2% versus 2023 and broadly stable year on year in 2025, at +1.1%. Net profit in 2025 amounted to €6.2K, down slightly from €6.6K in 2024 but well above the €1.4K loss recorded in 2023. The profit margin remained solid at 18.0% in 2025, after 19.4% in 2024 and -6.9% in 2023. Balance sheet strength improved further: total assets increased to €13.3K, equity rose to €12.4K, and liabilities were limited at €932. The equity ratio stood at 92.8%, debt-to-equity at 0.08, and asset turnover at 2.58x. Return on equity was 50.1% and return on assets 46.5% in 2025, reflecting efficient use of a modest asset base.