Lietuvos cornhole federacija - financials and debts

Company age: 5 y. 3 mo.

Update

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 - 5,113 7,226 4,499 7,551
Profit before tax - 753 -1,437 -50,874 -7,027
Net profit - 753 -1,437 -50,874 -7,027
Equity -1 752 -684 -51,558 -58,585
Liabilities 711 158 1,776 55,622 66,299
Non-current assets 0 0 0 0 2,419
Current assets 710 910 1,092 88,581 89,812
Total assets 710 910 1,092 88,581 92,231
Financial indicators
Revenue change y/y - - +41.3% -37.7% +67.8%
ROA Return on Assets (ROA). The ratio of net profit to assets. Indicates the company's efficiency. - 82.7% -131.6% -57.4% -7.6%
ROE Return on equity. The ratio of net profit to equity. Shows the return to shareholders. - 100.1% - - -
Profit margin Net profit margin. Shows the overall profitability of the company. - 14.7% -19.9% -1130.8% -93.1%
EBT% EBT (Earnings Before Taxes) to revenue ratio. Shows the overall profitability of the company. - 14.7% -19.9% -1130.8% -93.1%
Liabilities/Equity The debt-to-equity ratio shows the company's capital structure. - 0.2 - - -
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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Social security debts

The company had no debts to Sodra

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.
Lietuvos cornhole federacija (code 305832662) is an Association operating in activities of sports clubs. In 2025, it generated revenue of €7.6K, compared with €4.5K in 2024 and €7.2K in 2023, showing a recovery in turnover after the weaker 2024 result. Net profit remained negative at €7.0K in 2025, after a much larger loss of €50.9K in 2024 and a loss of €1.4K in 2023. The 2025 profit margin was negative at 93.1%, reflecting continued operating losses relative to a small revenue base. The balance sheet expanded to €92.2K of total assets in 2025, with short-term assets of €89.8K and long-term assets of €2.4K. Equity stayed negative at €58.6K, while liabilities increased to €66.3K. This means the organisation continued to operate with a leveraged capital structure and negative net assets. Ratios such as debt-to-equity and equity-based returns should be interpreted cautiously because equity is negative. Asset turnover was low at 0.08x, indicating limited revenue generation from the asset base in 2025.