TET Baltic - Company finances
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EUR
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2023
From: 2023-01-23
To: 2023-12-31
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2024
From: 2024-01-01
To: 2024-12-31
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2025
From: 2025-01-01
To: 2025-12-31
|
|---|---|---|---|
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Financial data
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| Sales revenue | 109,998 | 176,333 | 738,545 |
| Profit before tax | 15,322 | 19,638 | 66,620 |
| Net profit | 15,322 | 18,644 | 55,896 |
| Equity | 15,331 | 33,977 | 89,873 |
| Liabilities | 20,860 | 22,938 | 37,875 |
| Non-current assets | 0 | 5,100 | 16,429 |
| Current assets | 36,191 | 51,815 | 111,319 |
| Total assets | 36,191 | 56,915 | 127,748 |
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Taxes paid
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| STI taxes | 8,034 | 3,879 | 20,240 |
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Financial indicators
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| Revenue change y/y | - | +60.3% | +318.8% |
| ROA Return on Assets (ROA). The ratio of net profit to assets. Indicates the company's efficiency. | 42.3% | 32.8% | 43.8% |
| ROE Return on equity. The ratio of net profit to equity. Shows the return to shareholders. | 99.9% | 54.9% | 62.2% |
| Profit margin Net profit margin. Shows the overall profitability of the company. | 13.9% | 10.6% | 7.6% |
| EBT% EBT (Earnings Before Taxes) to revenue ratio. Shows the overall profitability of the company. | 13.9% | 11.1% | 9.0% |
| Liabilities/Equity The debt-to-equity ratio shows the company's capital structure. | 1.4 | 0.7 | 0.4 |
| Revenue per employee Ratio of revenue to the average annual number of employees. Indicates company efficiency. | - | - | - |
Sales revenue
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TET Baltic - Social security debts
The company had no debts to Sodra
TET Baltic - 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.
TET Baltic, MB (code 306229464) is a Small partnership engaged in the wholesale of mining, construction and civil engineering machinery. In the latest financial year, 2025, the company generated revenue of €738.5K and net profit of €55.9K. Profitability remained positive, although the net profit margin eased to 7.6% from 10.6% in 2024 and 13.9% in 2023, reflecting a lower margin profile as turnover expanded. The revenue trend was strong: sales increased from €110.0K in 2023 to €176.3K in 2024 and then rose sharply in 2025. Net profit also improved over the same period, from €15.3K to €18.6K and then to €55.9K. At year-end 2025, total assets stood at €127.7K, equity at €89.9K and liabilities at €37.9K. The balance sheet indicates a solid capital structure, with an equity ratio of 70.3% and debt-to-equity of 0.42. Asset turnover was 5.78x, showing efficient use of assets in the latest year.