Novitsta, MB - financials and debts

Company age: 2 y. 11 mo.

Update

Novitsta - Company finances

EUR
2023
From: 2023-10-06
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 32,353 382,457 510,672
Profit before tax 14,238 68,971 2,637
Net profit 14,238 58,625 2,212
Equity 14,738 1,364 3,576
Liabilities 14,206 61,020 126,105
Non-current assets 0 0 0
Current assets 28,944 62,384 129,681
Total assets 28,944 62,384 129,681
Taxes paid
STI taxes 2,321 3,895 497
Social insurance contributions - 22,532 29,280
Financial indicators
Revenue change y/y - +1082.1% +33.5%
ROA Return on Assets (ROA). The ratio of net profit to assets. Indicates the company's efficiency. 49.2% 94.0% 1.7%
ROE Return on equity. The ratio of net profit to equity. Shows the return to shareholders. 96.6% 4298.0% 61.9%
Profit margin Net profit margin. Shows the overall profitability of the company. 44.0% 15.3% 0.4%
EBT% EBT (Earnings Before Taxes) to revenue ratio. Shows the overall profitability of the company. 44.0% 18.0% 0.5%
Liabilities/Equity The debt-to-equity ratio shows the company's capital structure. 1.0 44.7 35.3
Revenue per employee Ratio of revenue to the average annual number of employees. Indicates company efficiency. - 67,855 49,420

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.

Novitsta - Social security debts

From To Debt, €
2026-07-16 2026-07-17 3719.35
2025-05-04 2025-05-07 10.13
2025-04-16 2025-04-30 10.13
2024-12-22 2024-12-29 2724.61
2024-12-17 2024-12-20 2724.61
2024-10-24 2024-11-12 9.01

Novitsta - 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.
Novitsta, MB (code 306521080) is a Lithuanian small partnership engaged in new construction. In 2025, revenue increased to €510.7K from €382.5K in 2024, extending the strong growth seen after the much smaller 2023 period of €32.4K over 86 days. Profitability weakened sharply in the latest year: net profit fell to €2.2K in 2025 from €58.6K in 2024, and the net margin declined to 0.4% from 15.3%. Total assets rose to €129.7K, while equity remained very low at €3.6K and liabilities reached €126.1K, pointing to a highly leveraged balance sheet. Asset turnover stood at 3.94x, indicating efficient revenue generation relative to assets. Revenue per employee was €51.1K, while profit per employee was only €221, showing that 2025 sales growth did not translate into meaningful earnings. Overall, the company has scaled revenue materially over 2023–2025, but the latest year was marked by weak profitability and a very limited equity base.