Pažangos akademija, MB - financials and debts

Company age: 3 y. 2 mo.

Update

Pažangos akademija - 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 169,120 460,413 832,999
Profit before tax 15,134 3,463 2,675
Net profit 15,134 2,936 2,141
Equity 15,137 18,074 9,627
Liabilities 4,353 17,899 18,027
Non-current assets 0 0 0
Current assets 19,490 35,973 27,654
Total assets 19,490 35,973 27,654
Taxes paid
STI taxes 1,422 5,471 7,979
Financial indicators
Revenue change y/y - +172.2% +80.9%
ROA Return on Assets (ROA). The ratio of net profit to assets. Indicates the company's efficiency. 77.7% 8.2% 7.7%
ROE Return on equity. The ratio of net profit to equity. Shows the return to shareholders. 100.0% 16.2% 22.2%
Profit margin Net profit margin. Shows the overall profitability of the company. 8.9% 0.6% 0.3%
EBT% EBT (Earnings Before Taxes) to revenue ratio. Shows the overall profitability of the company. 8.9% 0.8% 0.3%
Liabilities/Equity The debt-to-equity ratio shows the company's capital structure. 0.3 1.0 1.9
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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Pažangos akademija - Social security debts

The company had no debts to Sodra

Pažangos akademija - 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.
Pažangos akademija, MB (code 306356586) is a small partnership engaged in travel agency activities. In 2025, the company generated revenue of €833.0K, up 80.9% year on year and 392.6% over two years. Despite the strong expansion in turnover, net profit was only €2.1K, with a profit margin of 0.3%. Profitability has weakened as the business scaled: net profit declined from €15.1K in 2023, when the period covered 172 days, to €2.9K in 2024 and €2.1K in 2025. The 2025 balance sheet shows total assets of €27.7K, equity of €9.6K and liabilities of €18.0K. Key ratios indicate a business operating with a relatively small asset base and high activity volume, with return on equity at 22.2%, return on assets at 7.7%, debt-to-equity at 1.87 and asset turnover at 30.12x. Overall, the latest year shows rapid revenue growth, modest earnings and a low-margin operating profile.