Kvedex, MB - financials and debts

Company age: 3 y. 4 mo.

Update

Kvedex - Company finances

EUR
2023
From: 2023-05-24
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 314,575 714,963 932,635
Profit before tax 7,726 7,524 9,996
Net profit 5,987 5,453 7,292
Equity 5,987 11,441 18,833
Liabilities 109,022 238,496 368,085
Non-current assets 0 7,938 6,523
Current assets 115,009 241,999 380,395
Total assets 115,009 249,937 386,918
Taxes paid
STI taxes 13,483 24,326 29,790
Financial indicators
Revenue change y/y - +127.3% +30.4%
ROA Return on Assets (ROA). The ratio of net profit to assets. Indicates the company's efficiency. 5.2% 2.2% 1.9%
ROE Return on equity. The ratio of net profit to equity. Shows the return to shareholders. 100.0% 47.7% 38.7%
Profit margin Net profit margin. Shows the overall profitability of the company. 1.9% 0.8% 0.8%
EBT% EBT (Earnings Before Taxes) to revenue ratio. Shows the overall profitability of the company. 2.5% 1.1% 1.1%
Liabilities/Equity The debt-to-equity ratio shows the company's capital structure. 18.2 20.8 19.5
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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Kvedex - Social security debts

From To Debt, €
2023-07-03 2023-07-31 58.63

Kvedex - VMI tax arrears

From To Overdue, €
2026-07-03 2026-07-07 211.78
2026-03-13 2026-03-13 211.78
2026-02-07 2026-02-16 0.12
2025-09-06 2025-09-06 212.44
2025-09-01 2025-09-05 0.66
2025-08-18 2025-08-25 0.96
2025-08-09 2025-08-16 211.62
2025-07-17 2025-07-20 0.96
2025-07-10 2025-07-16 211.78
2025-01-08 2025-01-15 0.28

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.
Kvedex, MB (company code 306324407) is a Lithuanian small partnership engaged in motorcycle repair and maintenance. In 2025, it generated revenue of EUR 932.6K, up 30.4% year on year and 196.5% compared with 2023, indicating a strong expansion in business volume over the last three reporting periods. Net profit increased to EUR 7.3K in 2025 from EUR 5.5K in 2024 and EUR 6.0K in 2023, while the profit margin stayed at 0.8% in both 2024 and 2025 after 1.9% in the shorter 2023 period. The company’s balance sheet also expanded, with total assets rising to EUR 386.9K in 2025 from EUR 249.9K in 2024 and EUR 115.0K in 2023. Equity increased to EUR 18.8K, but liabilities remained high at EUR 368.1K, leaving a very limited equity buffer. Asset turnover was 2.41x in 2025, showing relatively efficient use of assets, although profitability remained modest relative to turnover.