Asociacija "Smiginis Telšiuose" - financials and debts

Company age: 2 y. 7 mo.

Update

Company finances

EUR
2024
From: 2024-03-13
To: 2024-12-31
2025
From: 2025-01-01
To: 2025-12-31
Financial data
Sales revenue 3,458 10,723
Profit before tax 307 5,041
Net profit 307 5,041
Equity 307 1,890
Liabilities 171 661
Non-current assets 0 0
Current assets 478 2,551
Total assets 478 2,551
Financial indicators
Revenue change y/y - +210.1%
ROA Return on Assets (ROA). The ratio of net profit to assets. Indicates the company's efficiency. 64.2% 197.6%
ROE Return on equity. The ratio of net profit to equity. Shows the return to shareholders. 100.0% 266.7%
Profit margin Net profit margin. Shows the overall profitability of the company. 8.9% 47.0%
EBT% EBT (Earnings Before Taxes) to revenue ratio. Shows the overall profitability of the company. 8.9% 47.0%
Liabilities/Equity The debt-to-equity ratio shows the company's capital structure. 0.6 0.3
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.
Asociacija "Smiginis Telšiuose" (code 306701281) is a Lithuanian association operating in activities of other membership organisations n.e.c. In the latest financial year, 2025, it generated revenue of €10.7K and net profit of €5.0K, indicating a strong improvement in operating performance compared with 2024, when revenue was €3.5K and net profit was €307. The business therefore moved from a modest profit base to a materially stronger result in 2025. Profitability was solid, with a 47.0% net profit margin in 2025. The balance sheet also expanded during the year: total assets increased to €2.6K, equity rose to €1.9K, and liabilities stood at €661. The company’s equity ratio was 74.1% and debt-to-equity was 0.35, suggesting a conservative funding structure. Asset turnover reached 4.20x, reflecting efficient use of the asset base. Overall, the 2025 figures show rapid revenue growth, higher profitability, and a stronger capital position than in 2024.