Ride LT, UAB - financials and debts

Company age: 2 y. 6 mo.

Update

Ride LT - 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 634,762 864,426
Profit before tax -23,518 4,370
Net profit -23,518 4,121
Equity -22,518 -18,398
Liabilities 92,105 120,222
Non-current assets 11,526 11,208
Current assets 58,061 90,616
Total assets 69,587 101,824
Taxes paid
STI taxes 131,060 185,333
Social insurance contributions 35,694 65,322
Financial indicators
Revenue change y/y - +36.2%
ROA Return on Assets (ROA). The ratio of net profit to assets. Indicates the company's efficiency. -33.8% 4.0%
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. -3.7% 0.5%
EBT% EBT (Earnings Before Taxes) to revenue ratio. Shows the overall profitability of the company. -3.7% 0.5%
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. 50,556 64,832

Purchase full financial statements

Profit/Loss, Balance Sheet, Cash Flow, Equity

9.99 € + PVM Buy

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Ride LT - Social security debts

From To Debt, €
2024-10-24 2024-11-14 4.58
2024-07-24 2024-08-18 0.53
2024-06-18 2024-06-20 55.96
2024-05-16 2024-06-13 53.60

Ride LT - 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.
Ride LT, UAB (code 306703791) is a Private Limited Liability Company engaged in the rental and leasing of recreational and sports goods. In the latest financial year, 2025, the company generated revenue of €864.4K, up 36.2% year on year from €634.8K in 2024. Net profit improved to €4.1K in 2025 from a €23.5K net loss in 2024, lifting the profit margin to 0.5% from -3.7% a year earlier. This indicates a move from a loss-making position to a slight profit, although profitability remains thin. The balance sheet expanded over the period: total assets increased to €101.8K in 2025 from €69.6K in 2024, while liabilities rose to €120.2K from €92.1K. Equity remained negative, improving only slightly from -€22.5K to -€18.4K, which continues to weigh on return and leverage indicators. Asset turnover reached 8.49x in 2025, and revenue per employee was €66.5K, while profit per employee was €317.