Latvilita, MB - financials and debts

Company age: 3 y. 7 mo.

Update

Latvilita - Company finances

EUR
2023
From: 2023-02-13
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 5,169 7,142 9,019
Profit before tax 286 538 -52
Net profit 286 510 -52
Equity 1,496 1,502 1,450
Liabilities 275 179 114
Non-current assets 0 0 0
Current assets 1,771 1,681 1,564
Total assets 1,771 1,681 1,564
Taxes paid
STI taxes - 275 197
Financial indicators
Revenue change y/y - +38.2% +26.3%
ROA Return on Assets (ROA). The ratio of net profit to assets. Indicates the company's efficiency. 16.1% 30.3% -3.3%
ROE Return on equity. The ratio of net profit to equity. Shows the return to shareholders. 19.1% 34.0% -3.6%
Profit margin Net profit margin. Shows the overall profitability of the company. 5.5% 7.1% -0.6%
EBT% EBT (Earnings Before Taxes) to revenue ratio. Shows the overall profitability of the company. 5.5% 7.5% -0.6%
Liabilities/Equity The debt-to-equity ratio shows the company's capital structure. 0.2 0.1 0.1
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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Latvilita - Social security debts

The company had no debts to Sodra

Latvilita - VMI tax arrears

From To Overdue, €
2025-04-03 2025-04-03 159.63
2024-03-06 2025-04-02 0.4

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.
Latvilita, MB (company code 306246339) is a Small partnership engaged in retail sale of cosmetic and toilet articles. In 2025, the latest financial year, the company generated revenue of €9.0K, up 26.3% year on year and 74.5% compared with 2023. Despite the stronger sales trend, profitability weakened: net profit turned to a loss of €52 in 2025 after net profit of €510 in 2024 and €286 in 2023. The 2025 profit margin was -0.6%, indicating that higher turnover did not translate into positive earnings. Balance sheet indicators remained modest but stable, with total assets of €1.6K, equity of €1.4K and liabilities of €114 at the end of 2025. The equity ratio stood at 92.7%, while debt to equity was 0.08. Asset turnover was 5.77x, reflecting relatively efficient use of the small asset base. Over the three-year period, revenue increased steadily, but profit moved from a small gain to a slight loss in 2025.