Asociacija "EM" Racing - financials and debts

Company age: 2 y. 6 mo.

Update

Company finances

EUR
2024
From: 2024-03-18
To: 2024-12-31
2025
From: 2025-01-01
To: 2025-12-31
Financial data
Sales revenue 1,151 13,587
Profit before tax 0 -2,882
Net profit 0 -2,882
Equity 0 -2,882
Liabilities 0 2,883
Non-current assets 0 0
Current assets 2,448 1
Total assets 2,448 1
Financial indicators
Revenue change y/y - +1080.5%
ROA Return on Assets (ROA). The ratio of net profit to assets. Indicates the company's efficiency. 0.0% -288200.0%
ROE Return on equity. The ratio of net profit to equity. Shows the return to shareholders. - -
Profit margin Net profit margin. Shows the overall profitability of the company. 0.0% -21.2%
EBT% EBT (Earnings Before Taxes) to revenue ratio. Shows the overall profitability of the company. 0.0% -21.2%
Liabilities/Equity The debt-to-equity ratio shows the company's capital structure. - -
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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Social security debts

The company had no debts to Sodra

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.
Company code 306700998 refers to Asociacija "EM" Racing, a Lithuanian Association engaged in activities of sports clubs. In the latest financial year 2025, the company generated revenue of EUR 13.6K, up sharply from EUR 1.2K in 2024, which indicates strong top-line growth over the year. Despite this increase, operations remained loss-making: net profit for 2025 was EUR -2.9K, with a profit margin of -21.2%. The two-year trajectory shows revenue expanding materially while profitability stayed negative. The balance sheet at the end of 2025 was very small, with total assets of EUR 1 and equity of EUR -2.9K, while liabilities stood at EUR 2.9K. Compared with 2024, when assets were EUR 2.4K, the asset base became even more limited in 2025. Key ratios such as ROE, ROA, debt-to-equity and asset turnover are distorted by the extremely small and negative balance sheet base, so they should be interpreted with caution. No staff data was provided, so productivity per employee cannot be assessed.