FreeBaltic, UAB - financials and debts

Company age: 3 y. 4 mo.

Update

FreeBaltic - Company finances

EUR
2023
From: 2023-05-10
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 19,084 78,524 135,814
Profit before tax 6,450 19,028 -7,897
Net profit 6,450 18,021 -7,897
Equity 17,450 31,570 23,673
Liabilities 1,532 13,139 51,571
Non-current assets 2,479 21,153 30,501
Current assets 16,333 22,344 42,589
Total assets 18,812 43,497 73,090
Taxes paid
STI taxes 1,818 9,626 18,084
Social insurance contributions - 3,780 10,733
Financial indicators
Revenue change y/y - +311.5% +73.0%
ROA Return on Assets (ROA). The ratio of net profit to assets. Indicates the company's efficiency. 34.3% 41.4% -10.8%
ROE Return on equity. The ratio of net profit to equity. Shows the return to shareholders. 37.0% 57.1% -33.4%
Profit margin Net profit margin. Shows the overall profitability of the company. 33.8% 22.9% -5.8%
EBT% EBT (Earnings Before Taxes) to revenue ratio. Shows the overall profitability of the company. 33.8% 24.2% -5.8%
Liabilities/Equity The debt-to-equity ratio shows the company's capital structure. 0.1 0.4 2.2
Revenue per employee Ratio of revenue to the average annual number of employees. Indicates company efficiency. 11,450 26,922 35,430

Purchase full financial statements

Profit/Loss, Balance Sheet, Cash Flow, Equity

9.99 € + PVM Buy

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FreeBaltic - Social security debts

The company had no debts to Sodra

FreeBaltic - VMI tax arrears

From To Overdue, €
2025-03-17 2025-03-17 25.16
2025-02-28 2025-03-16 0.26
2025-02-20 2025-02-24 0.26
2025-01-30 2025-02-10 0.26
2025-01-14 2025-01-23 0.26
2025-01-11 2025-01-13 0.27
2024-12-12 2024-12-12 0.68
2024-11-12 2024-11-18 75.0

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.
FreeBaltic, UAB (company code 306315618) is a private limited liability company operating in freight transport by road. In 2025, the company generated revenue of €135.8K, up 73.0% year on year and 611.7% over two years, showing a strong increase in sales activity. Profitability, however, weakened in 2025: net profit fell to a loss of €7.9K, compared with profit of €18.0K in 2024 and €6.5K in 2023. The profit margin declined to -5.8% from 22.9% a year earlier and 33.8% in 2023. At the end of 2025, total assets amounted to €73.1K, including €30.5K in long-term assets and €42.6K in short-term assets. Equity stood at €23.7K and liabilities increased to €51.6K, resulting in a debt-to-equity ratio of 2.18 and an equity ratio of 32.4%. ROE was -33.4% and ROA -10.8% in 2025. Revenue per employee was €45.3K, while profit per employee was -€2.6K.