No Tech Debt, MB - financials and debts

Company age: 4 y. 10 mo.

Update

No Tech Debt - Company finances

EUR
2021
From: 2021-11-10
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 7,869 123,136 168,300 189,555 110,201
Profit before tax 1,366 74,819 111,877 122,748 46,841
Net profit 1,366 71,078 106,124 116,611 44,031
Equity 1,367 72,445 142,568 116,611 82,032
Liabilities - 1,220 7,176 6,359 3,597
Non-current assets 0 0 0 38,723 32,448
Current assets 1,400 73,665 149,744 84,247 53,181
Total assets 1,400 73,665 149,744 122,970 85,629
Taxes paid
STI taxes - - 10,405 13,939 3,475
Financial indicators
Revenue change y/y - +1464.8% +36.7% +12.6% -41.9%
ROA Return on Assets (ROA). The ratio of net profit to assets. Indicates the company's efficiency. 97.6% 96.5% 70.9% 94.8% 51.4%
ROE Return on equity. The ratio of net profit to equity. Shows the return to shareholders. 99.9% 98.1% 74.4% 100.0% 53.7%
Profit margin Net profit margin. Shows the overall profitability of the company. 17.4% 57.7% 63.1% 61.5% 40.0%
EBT% EBT (Earnings Before Taxes) to revenue ratio. Shows the overall profitability of the company. 17.4% 60.8% 66.5% 64.8% 42.5%
Liabilities/Equity The debt-to-equity ratio shows the company's capital structure. - 0.0 0.1 0.1 0.0
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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No Tech Debt - Social security debts

The company had no debts to Sodra

No Tech Debt - 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.
No Tech Debt, MB (code 305934158) is a Lithuanian small partnership engaged in other computer programming activities. In 2025, the company generated revenue of €110.2K and net profit of €44.0K, with a profit margin of 40.0%. Results remained profitable, although both revenue and earnings declined from previous years. Revenue fell from €168.3K in 2023 to €189.6K in 2024, then decreased to €110.2K in 2025. Net profit followed the same pattern, rising from €106.1K in 2023 to €116.6K in 2024 before dropping to €44.0K in 2025. The latest year also shows a smaller balance sheet, with total assets of €85.6K, equity of €82.0K and liabilities of €3.6K. The equity ratio remained very high at 95.8%, and debt to equity was 0.04. Asset turnover was 1.29x, indicating efficient use of assets relative to revenue. Profitability ratios for 2025 were strong, with ROE at 53.7% and ROA at 51.4%.