Smart turtas, MB - financials and debts

Company age: 5 y. 2 mo.

Update

Smart turtas - Company finances

EUR
2021
From: 2021-07-20
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 41 41 40,700 45,901 54,641
Profit before tax -2,267 -19,702 -21,869 -21,990 -31,177
Net profit -2,267 -19,702 -21,869 -21,990 -31,177
Equity 17,733 -1,981 -23,850 -45,839 -77,217
Liabilities - 191,040 225,290 292,053 296,650
Non-current assets 60,249 145,606 189,770 233,545 209,843
Current assets 21,398 43,453 11,670 12,669 9,590
Total assets 81,647 189,059 201,440 246,214 219,433
Taxes paid
STI taxes - - - - 4,784
Financial indicators
Revenue change y/y - +0.0% +99168.3% +12.8% +19.0%
ROA Return on Assets (ROA). The ratio of net profit to assets. Indicates the company's efficiency. -2.8% -10.4% -10.9% -8.9% -14.2%
ROE Return on equity. The ratio of net profit to equity. Shows the return to shareholders. -12.8% - - - -
Profit margin Net profit margin. Shows the overall profitability of the company. -5529.3% -48053.7% -53.7% -47.9% -57.1%
EBT% EBT (Earnings Before Taxes) to revenue ratio. Shows the overall profitability of the company. -5529.3% -48053.7% -53.7% -47.9% -57.1%
Liabilities/Equity The debt-to-equity ratio shows the company's capital structure. - - - - -
Revenue per employee Ratio of revenue to the average annual number of employees. Indicates company efficiency. - - 40,700 39,343 50,439

Purchase full financial statements

Profit/Loss, Balance Sheet, Cash Flow, Equity

9.99 € + PVM Buy

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Smart turtas - Social security debts

From To Debt, €
2022-02-01 2022-02-28 11.56

Smart turtas - 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.
Smart turtas, MB (code 305831375) is a small partnership engaged in washing and cleaning of textile and fur products. In 2025, the company generated EUR 54.6K in revenue, up 19.0% year on year and 34.2% over two years. Despite this sales growth, profitability remained negative and weakened further: net loss widened to EUR 31.2K in 2025 from EUR 22.0K in 2024 and EUR 21.9K in 2023. The 2025 profit margin was -57.1%, indicating that operating scale has not yet translated into earnings. On the balance sheet, total assets declined to EUR 219.4K in 2025 from EUR 246.2K a year earlier, while liabilities stood at EUR 296.6K and equity was negative at EUR 77.2K. Long-term assets accounted for most of the asset base at EUR 209.8K, with short-term assets of EUR 9.6K. Asset turnover was 0.25x, and revenue per employee was EUR 54.6K in 2025.