Baltic waves - Company finances
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EUR
|
2024
From: 2024-04-16
To: 2024-12-31
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2025
From: 2025-01-01
To: 2025-12-31
|
|---|---|---|
|
Financial data
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||
| Sales revenue | 15,434 | 39,755 |
| Profit before tax | - | 7,494 |
| Net profit | -4,632 | 7,204 |
| Equity | -4,632 | 2,771 |
| Liabilities | 20,772 | 790 |
| Non-current assets | 15,834 | 0 |
| Current assets | 180 | 3,561 |
| Total assets | 16,014 | 3,561 |
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Taxes paid
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||
| STI taxes | 26 | 19 |
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Financial indicators
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| Revenue change y/y | - | +157.6% |
| ROA Return on Assets (ROA). The ratio of net profit to assets. Indicates the company's efficiency. | -28.9% | 202.3% |
| ROE Return on equity. The ratio of net profit to equity. Shows the return to shareholders. | - | 260.0% |
| Profit margin Net profit margin. Shows the overall profitability of the company. | -30.0% | 18.1% |
| EBT% EBT (Earnings Before Taxes) to revenue ratio. Shows the overall profitability of the company. | - | 18.9% |
| Liabilities/Equity The debt-to-equity ratio shows the company's capital structure. | - | 0.3 |
| Revenue per employee Ratio of revenue to the average annual number of employees. Indicates company efficiency. | - | - |
Sales revenue
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Baltic waves - Social security debts
The company had no debts to Sodra
Baltic waves - VMI tax arrears
| From | To | Overdue, € |
|---|---|---|
| 2025-05-19 | 2025-05-19 | 19.0 |
| 2025-05-11 | 2025-05-18 | 3.0 |
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.
Baltic waves, MB (code 306724935) is a Lithuanian small partnership operating in rental and leasing of recreational and sports goods. In the latest financial year, 2025, the company generated revenue of €39.8K and net profit of €7.2K, corresponding to a profit margin of 18.1%. Revenue increased by 157.6% year on year, indicating a markedly stronger commercial performance than in 2024. The prior year, 2024, showed revenue of €15.4K and a net loss of €4.6K, so the business moved from loss-making to profitable operation within one year. The balance sheet also improved: equity turned positive at €2.8K in 2025 after being negative at -€4.6K in 2024, while liabilities fell to €790 from €20.8K. Total assets were €3.6K at the end of 2025. Reported profitability and efficiency ratios were strong, although they reflect a very small asset and equity base, which also explains the elevated return metrics and high asset turnover of 11.16x.