Nordic algorithms, MB - financials and debts

Company age: 4 y. 3 mo.

Update

Nordic algorithms - Company finances

EUR
2022
From: 2022-06-23
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 44,000 49,450 13,800 4,900
Profit before tax 43,847 46,695 10,707 3,661
Net profit 43,847 44,360 10,172 3,441
Equity 43,847 45,207 14,379 4,820
Liabilities 0 2,335 558 220
Non-current assets 0 1,590 723 0
Current assets 43,847 45,952 14,214 5,040
Total assets 43,847 47,542 14,937 5,040
Taxes paid
STI taxes - - 2,335 535
Financial indicators
Revenue change y/y - +12.4% -72.1% -64.5%
ROA Return on Assets (ROA). The ratio of net profit to assets. Indicates the company's efficiency. 100.0% 93.3% 68.1% 68.3%
ROE Return on equity. The ratio of net profit to equity. Shows the return to shareholders. 100.0% 98.1% 70.7% 71.4%
Profit margin Net profit margin. Shows the overall profitability of the company. 99.7% 89.7% 73.7% 70.2%
EBT% EBT (Earnings Before Taxes) to revenue ratio. Shows the overall profitability of the company. 99.7% 94.4% 77.6% 74.7%
Liabilities/Equity The debt-to-equity ratio shows the company's capital structure. - 0.1 0.0 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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Nordic algorithms - Social security debts

From To Debt, €
2023-09-01 2023-09-30 117.26
2023-08-01 2023-08-31 58.63
2023-06-01 2023-06-30 117.26
2023-05-04 2023-05-31 58.63
2023-02-01 2023-02-28 58.63
2023-01-23 2023-01-31 50.95
2022-12-01 2022-12-31 101.90
2022-11-03 2022-11-30 50.95
2022-09-01 2022-09-30 101.90
2022-08-02 2022-08-31 50.95

Nordic algorithms - 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.
Nordic algorithms, MB (code 306106305) is a Small partnership engaged in other computer programming activities. In the latest financial year, 2025, the company generated revenue of €4.9K and net profit of €3.4K, resulting in a profit margin of 70.2%. Revenue declined by 64.5% year on year, following a drop from €49.5K in 2023 to €13.8K in 2024 and then to €4.9K in 2025, while net profit decreased from €44.4K in 2023 to €10.2K in 2024 and €3.4K in 2025. Despite the weaker scale of activity, profitability remained strong relative to turnover. At the end of 2025, total assets were €5.0K, equity €4.8K and liabilities €220, indicating a very lightly leveraged balance sheet. The equity ratio was 95.6% and debt-to-equity stood at 0.05. Asset turnover was 0.97x, showing that the company generated nearly one euro of revenue per euro of assets. Return on equity and return on assets remained high, reflecting the small asset base and continued positive earnings.