Time2Go Racing TEAM, VšĮ - financials and debts

Company age: 4 y. 0 mo.

Update

Time2Go Racing TEAM - Company finances

EUR
2022
From: 2022-09-07
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 0 9,399 16,174 9,968
Profit before tax -18 0 -3,580 19,936
Net profit -18 0 -3,580 19,936
Equity -18 0 -3,580 0
Liabilities 200 4 4,583 0
Non-current assets 0 0 0 0
Current assets 182 78 1,003 396
Total assets 182 78 1,003 396
Financial indicators
Revenue change y/y - - +72.1% -38.4%
ROA Return on Assets (ROA). The ratio of net profit to assets. Indicates the company's efficiency. -9.9% 0.0% -356.9% 5034.3%
ROE Return on equity. The ratio of net profit to equity. Shows the return to shareholders. - - - -
Profit margin Net profit margin. Shows the overall profitability of the company. - 0.0% -22.1% 200.0%
EBT% EBT (Earnings Before Taxes) to revenue ratio. Shows the overall profitability of the company. - 0.0% -22.1% 200.0%
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. - - - -

Purchase full financial statements

Profit/Loss, Balance Sheet, Cash Flow, Equity

9.99 € + PVM Buy

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Time2Go Racing TEAM - Social security debts

The company had no debts to Sodra

Time2Go Racing TEAM - 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.
Time2Go Racing TEAM, VšI (code 306142835) is a Public Institution engaged in other sports activities n.e.c. In the latest financial year, 2025, revenue amounted to EUR 10.0K, down 38.4% year on year from EUR 16.2K in 2024. Despite the lower turnover, the company reported a net profit of EUR 19.9K in 2025, reversing the EUR 3.6K loss recorded in 2024. Over the three-year period, revenue rose from EUR 9.4K in 2023 to EUR 16.2K in 2024 and then eased back in 2025, while profitability moved from a small 2023 base to a loss in 2024 and a strong rebound in 2025. Balance sheet figures remain very small: total assets were EUR 1.0K in 2024 and EUR 396 in 2025, with liabilities of EUR 4.6K and negative equity in 2024. The latest ratios indicate very high returns and asset turnover, but these are influenced by the unusually small asset base.