Patikimas algoritmas, MB - financials and debts

Company age: 3 y. 8 mo.

Update

Patikimas algoritmas - Company finances

EUR
2023
From: 2023-01-04
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 106,315 45,370 27,011
Profit before tax 50,741 -2,866 -9,638
Net profit 50,741 -2,866 -9,638
Equity 51,241 48,375 38,737
Liabilities 3,942 0 155
Non-current assets 1,032 723 416
Current assets 54,142 47,643 38,464
Total assets 55,174 48,366 38,880
Taxes paid
STI taxes 9,288 4,884 -
Financial indicators
Revenue change y/y - -57.3% -40.5%
ROA Return on Assets (ROA). The ratio of net profit to assets. Indicates the company's efficiency. 92.0% -5.9% -24.8%
ROE Return on equity. The ratio of net profit to equity. Shows the return to shareholders. 99.0% -5.9% -24.9%
Profit margin Net profit margin. Shows the overall profitability of the company. 47.7% -6.3% -35.7%
EBT% EBT (Earnings Before Taxes) to revenue ratio. Shows the overall profitability of the company. 47.7% -6.3% -35.7%
Liabilities/Equity The debt-to-equity ratio shows the company's capital structure. 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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Patikimas algoritmas - Social security debts

The company had no debts to Sodra

Patikimas algoritmas - 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.
Patikimas algoritmas, MB (code 306210357) is a Small partnership engaged in business and other management consultancy activities. In 2025, the company generated EUR 27.0K in revenue, down 40.5% year on year and 74.6% compared with 2023. Profitability weakened further: net profit was EUR -9.6K in 2025, following EUR 50.7K in 2023 and EUR -2.9K in 2024. The 2025 net profit margin was -35.7%, reflecting the lower revenue base and continued losses. The three-year trajectory shows a strong operating result in 2023, followed by a sharp decline in 2024 and another contraction in 2025. At the end of 2025, total assets stood at EUR 38.9K, equity at EUR 38.7K and liabilities at EUR 155, indicating a very low leverage position. The equity ratio was 99.6%, asset turnover 0.69x, ROE -24.9% and ROA -24.8%. Overall, the latest year shows a smaller scale of operations and weaker profitability, while the balance sheet remained almost entirely equity funded.