Devbit, MB - financials and debts

Company age: 2 y. 8 mo.

Update

Devbit - Company finances

EUR
2024
From: 2024-02-27
To: 2024-12-31
2025
From: 2025-01-01
To: 2025-12-31
Financial data
Sales revenue 62,514 80,400
Profit before tax - -
Net profit 17,699 26,394
Equity 7,749 12,871
Liabilities 4 3,138
Non-current assets 0 2,263
Current assets 7,753 13,746
Total assets 7,753 16,009
Financial indicators
Revenue change y/y - +28.6%
ROA Return on Assets (ROA). The ratio of net profit to assets. Indicates the company's efficiency. 228.3% 164.9%
ROE Return on equity. The ratio of net profit to equity. Shows the return to shareholders. 228.4% 205.1%
Profit margin Net profit margin. Shows the overall profitability of the company. 28.3% 32.8%
EBT% EBT (Earnings Before Taxes) to revenue ratio. Shows the overall profitability of the company. - -
Liabilities/Equity The debt-to-equity ratio shows the company's capital structure. 0.0 0.2
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

See Scoris data in Google Search

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

Devbit - Social security debts

The company had no debts to Sodra

Devbit - 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.
Devbit, MB (code 306689338) is a Lithuanian small partnership engaged in other computer programming activities. In the latest financial year 2025, the company generated EUR 80.4K in revenue and EUR 26.4K in net profit, giving a profit margin of 32.8%. Revenue increased by 28.6% year on year from EUR 62.5K in 2024, while net profit also rose from EUR 17.7K to EUR 26.4K. The balance sheet expanded over the same period: total assets increased to EUR 16.0K from EUR 7.8K, equity reached EUR 12.9K, and liabilities stood at EUR 3.1K. The equity ratio was 80.4%, and debt remained modest with a debt-to-equity ratio of 0.24. Asset turnover was 5.02x, indicating efficient use of assets in generating revenue. ROE and ROA were very high at 205.1% and 164.9%, which should be viewed in the context of the company’s small equity and asset base. Overall, 2025 reflects higher revenue, improved profitability, and a stronger balance sheet position than in 2024.