Elevatetech, MB - financials and debts

Company age: 3 y. 2 mo.

Update

Elevatetech - Company finances

EUR
2023
From: 2023-07-12
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 41,635 105,380 115,621
Profit before tax 19,413 62,578 62,690
Net profit 19,413 59,459 58,941
Equity 17,612 571 6,012
Liabilities 2,532 3,722 7,196
Non-current assets 0 0 0
Current assets 20,144 4,293 13,208
Total assets 20,144 4,293 13,208
Taxes paid
STI taxes - 35,710 36,330
Financial indicators
Revenue change y/y - +153.1% +9.7%
ROA Return on Assets (ROA). The ratio of net profit to assets. Indicates the company's efficiency. 96.4% 1385.0% 446.3%
ROE Return on equity. The ratio of net profit to equity. Shows the return to shareholders. 110.2% 10413.1% 980.4%
Profit margin Net profit margin. Shows the overall profitability of the company. 46.6% 56.4% 51.0%
EBT% EBT (Earnings Before Taxes) to revenue ratio. Shows the overall profitability of the company. 46.6% 59.4% 54.2%
Liabilities/Equity The debt-to-equity ratio shows the company's capital structure. 0.1 6.5 1.2
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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Elevatetech - Social security debts

The company had no debts to Sodra

Elevatetech - VMI tax arrears

From To Overdue, €
2025-12-15 2025-12-18 4.46
2025-12-12 2025-12-14 4.2
2025-12-01 2025-12-11 1001.6
2025-11-28 2025-11-30 1000.56
2025-11-14 2025-11-24 9.72
2025-06-19 2025-06-19 1500.11

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.
Elevatetech, MB (code 306354496) is a Lithuanian small partnership engaged in other computer programming activities. In the latest financial year, 2025, the company generated revenue of €115.6K and net profit of €58.9K, which corresponded to a 51.0% profit margin. Revenue increased by 9.7% year on year in 2025 and by 177.7% over two years, showing a strong expansion from €41.6K in 2023 to €105.4K in 2024 and then to the current level in 2025. Net profit also rose sharply from €19.4K in 2023 to €59.5K in 2024, before remaining broadly stable at €58.9K in 2025. At the end of 2025, total assets stood at €13.2K, equity at €6.0K and liabilities at €7.2K. The balance sheet therefore remained small, but equity improved materially from the prior year. Reported ratios indicate efficient use of assets and a relatively high leverage position. ROE and ROA were very high, reflecting the company’s very small equity and asset base rather than a large balance sheet.