Noreika, MB - financials and debts

Company age: 4 y. 8 mo.

Update

Noreika - Company finances

EUR
2022
From: 2022-01-05
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 43,716 81,539 76,623 47,421
Profit before tax 39,381 3,354 5,834 -15,529
Net profit 33,474 3,186 5,542 -15,529
Equity 13,974 3,686 9,228 -6,301
Liabilities 715,000 672,161 720,201 810,495
Non-current assets 174,838 570,050 642,203 712,835
Current assets 554,136 105,797 87,226 91,359
Total assets 728,974 675,847 729,429 804,194
Taxes paid
STI taxes - 3,538 - 11,599
Financial indicators
Revenue change y/y - +86.5% -6.0% -38.1%
ROA Return on Assets (ROA). The ratio of net profit to assets. Indicates the company's efficiency. 4.6% 0.5% 0.8% -1.9%
ROE Return on equity. The ratio of net profit to equity. Shows the return to shareholders. 239.5% 86.4% 60.1% -
Profit margin Net profit margin. Shows the overall profitability of the company. 76.6% 3.9% 7.2% -32.7%
EBT% EBT (Earnings Before Taxes) to revenue ratio. Shows the overall profitability of the company. 90.1% 4.1% 7.6% -32.7%
Liabilities/Equity The debt-to-equity ratio shows the company's capital structure. 51.2 182.4 78.0 -
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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Noreika - Social security debts

The company had no debts to Sodra

Noreika - 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.
Noreika, MB (code 305970631) is a Small partnership engaged in the buying and selling of own real estate. In 2025, revenue declined to €47.4K from €76.6K in 2024 and €81.5K in 2023, showing a two-year downward trend. Profitability weakened materially: net profit moved from €3.2K in 2023 and €5.5K in 2024 to a net loss of €15.5K in 2025, and the profit margin fell to -32.7%. The latest year also shows a negative equity position of -€6.3K, compared with positive equity of €9.2K in 2024 and €3.7K in 2023. Total assets increased to €804.2K in 2025 from €729.4K a year earlier, while liabilities rose to €810.5K from €720.2K. Long-term assets accounted for most of the balance sheet at €712.8K, with short-term assets of €91.4K. Asset turnover remained low at 0.06x, indicating limited revenue generation relative to the asset base. Return and leverage ratios are distorted by the negative equity position in 2025.