GedasDev, MB - financials and debts

Company age: 2 y. 7 mo.

Update

GedasDev - Company finances

EUR
2024
From: 2024-03-26
To: 2024-12-31
2025
From: 2025-01-01
To: 2025-12-31
Financial data
Sales revenue 41,300 87,459
Profit before tax 12,537 29,878
Net profit 12,537 28,072
Equity 12,538 40,611
Liabilities 17,893 2,645
Non-current assets 0 2,069
Current assets 30,431 41,187
Total assets 30,431 43,256
Financial indicators
Revenue change y/y - +111.8%
ROA Return on Assets (ROA). The ratio of net profit to assets. Indicates the company's efficiency. 41.2% 64.9%
ROE Return on equity. The ratio of net profit to equity. Shows the return to shareholders. 100.0% 69.1%
Profit margin Net profit margin. Shows the overall profitability of the company. 30.4% 32.1%
EBT% EBT (Earnings Before Taxes) to revenue ratio. Shows the overall profitability of the company. 30.4% 34.2%
Liabilities/Equity The debt-to-equity ratio shows the company's capital structure. 1.4 0.1
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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GedasDev - Social security debts

From To Debt, €
2024-08-01 2024-08-31 64.50

GedasDev - 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.
GedasDev, MB (code 306711165) is a Lithuanian small partnership engaged in other computer programming activities. In the latest financial year, 2025, the company generated revenue of €87.5K and net profit of €28.1K, compared with revenue of €41.3K and net profit of €12.5K in 2024. This indicates strong year-on-year growth in turnover and a continued improvement in profitability. The 2025 profit margin was 32.1%, supported by profit before tax of €29.9K. Over the two-year period shown, both revenue and earnings moved upward, with 2025 being the stronger year by a clear margin. At the end of 2025, total assets stood at €43.3K, including €2.1K in long-term assets and €41.2K in short-term assets. Equity increased to €40.6K, while liabilities were only €2.6K, leaving an equity ratio of 93.9% and a debt-to-equity ratio of 0.07. Return on equity was 69.1% and return on assets 64.9%, reflecting efficient use of the company’s asset and equity base. Asset turnover reached 2.02x.