H-altitude, MB - financials and debts

Company age: 3 y. 0 mo.

Update

H-altitude - Company finances

EUR
2023
From: 2023-09-19
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 - 12,600 41,544
Profit before tax -251 1,512 -3,093
Net profit -251 1,436 -3,093
Equity -248 1,188 -1,900
Liabilities 302 198 6,011
Non-current assets 0 0 0
Current assets 54 1,386 4,111
Total assets 54 1,386 4,111
Taxes paid
STI taxes 9 24 605
Financial indicators
Revenue change y/y - - +229.7%
ROA Return on Assets (ROA). The ratio of net profit to assets. Indicates the company's efficiency. -464.8% 103.6% -75.2%
ROE Return on equity. The ratio of net profit to equity. Shows the return to shareholders. - 120.9% -
Profit margin Net profit margin. Shows the overall profitability of the company. - 11.4% -7.4%
EBT% EBT (Earnings Before Taxes) to revenue ratio. Shows the overall profitability of the company. - 12.0% -7.4%
Liabilities/Equity The debt-to-equity ratio shows the company's capital structure. - 0.2 -
Revenue per employee Ratio of revenue to the average annual number of employees. Indicates company efficiency. - 12,600 -

Purchase full financial statements

Profit/Loss, Balance Sheet, Cash Flow, Equity

9.99 € + PVM Buy

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H-altitude - Social security debts

From To Debt, €
2025-08-13 2025-08-31 72.45
2025-08-01 2025-08-12 217.35
2025-07-22 2025-07-31 144.90

H-altitude - 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.
H-altitude, MB (code 306428135) is a Lithuanian small partnership engaged in other computer programming activities. In 2025, the company generated €41.5K in revenue, up 229.7% year on year from €12.6K in 2024. Despite this strong top-line expansion, profitability weakened: net loss reached €3.1K in 2025, compared with net profit of €1.4K in 2024. The 2025 net profit margin was -7.5%, reflecting the shift back into loss-making territory. The earlier 2023 period was also negative, with a net loss of €251 over 103 days, followed by a positive 2024 result and then a loss in 2025, indicating an uneven earnings trajectory over the last three reporting years. As of 2025, total assets stood at €4.1K, equity was negative at €1.9K, and liabilities were €6.0K. The asset turnover ratio was 10.11x, showing high revenue generation relative to the asset base. ROA was -75.2%, while ROE and debt-to-equity are distorted by negative equity.