Tikėk ir veik, MB - financials and debts

Company age: 3 y. 1 mo.

Update

Tikėk ir veik - Company finances

EUR
2023
From: 2023-08-04
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 58,883 20,636 17,955
Profit before tax 12,938 -14,656 -24,690
Net profit 12,938 -14,656 -24,690
Equity 12,938 -1,617 -26,307
Liabilities 5,154 2,416 26,400
Non-current assets 0 0 0
Current assets 18,092 799 93
Total assets 18,092 799 93
Taxes paid
STI taxes 104 1,816 -
Financial indicators
Revenue change y/y - -65.0% -13.0%
ROA Return on Assets (ROA). The ratio of net profit to assets. Indicates the company's efficiency. 71.5% -1834.3% -26548.4%
ROE Return on equity. The ratio of net profit to equity. Shows the return to shareholders. 100.0% - -
Profit margin Net profit margin. Shows the overall profitability of the company. 22.0% -71.0% -137.5%
EBT% EBT (Earnings Before Taxes) to revenue ratio. Shows the overall profitability of the company. 22.0% -71.0% -137.5%
Liabilities/Equity The debt-to-equity ratio shows the company's capital structure. 0.4 - -
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

See Scoris data in Google Search

Mark Scoris as a favorite source. One click, no registration.

Tikėk ir veik - Social security debts

The company had no debts to Sodra

Tikėk ir veik - 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.
Tikek ir veik, MB (code 306374584) is a Lithuanian small partnership engaged in retail sale of books. In 2025, revenue amounted to €18.0K, down from €20.6K in 2024 and €58.9K in 2023, which points to a clear two-year decline in turnover. The company posted a net loss of €24.7K in 2025, compared with a €14.7K loss in 2024 and a €12.9K profit in 2023, so profitability deteriorated steadily. The 2025 profit margin was deeply negative at -137.5%, reflecting the scale of the loss relative to revenue. The balance sheet also weakened materially: total assets fell to €93, equity stood at -€26.3K, and liabilities increased to €26.4K. Year-on-year revenue growth was -13.0%, while the two-year change was -69.5%. Asset turnover was very high because the asset base was extremely small, and return ratios should be interpreted in that context. Overall, the 2025 figures show shrinking revenue, continued losses, and a weakened financial position.