Gritmind LT, UAB - financials and debts

Company age: 2 y. 5 mo.

Update

Gritmind LT - Company finances

EUR
2024
From: 2024-04-25
To: 2024-12-31
2025
From: 2025-01-01
To: 2025-12-31
Financial data
Sales revenue 638,676 3,730,316
Profit before tax 37,990 244,381
Net profit 31,852 199,741
Equity 32,852 232,593
Liabilities 40,585 144,900
Non-current assets 24,111 171,504
Current assets 49,326 207,736
Total assets 73,437 379,240
Taxes paid
STI taxes 98,729 551,199
Social insurance contributions 105,640 653,324
Financial indicators
Revenue change y/y - +484.1%
ROA Return on Assets (ROA). The ratio of net profit to assets. Indicates the company's efficiency. 43.4% 52.7%
ROE Return on equity. The ratio of net profit to equity. Shows the return to shareholders. 97.0% 85.9%
Profit margin Net profit margin. Shows the overall profitability of the company. 5.0% 5.4%
EBT% EBT (Earnings Before Taxes) to revenue ratio. Shows the overall profitability of the company. 5.9% 6.6%
Liabilities/Equity The debt-to-equity ratio shows the company's capital structure. 1.2 0.6
Revenue per employee Ratio of revenue to the average annual number of employees. Indicates company efficiency. 66,356 101,276

Purchase full financial statements

Profit/Loss, Balance Sheet, Cash Flow, Equity

9.99 € + PVM Buy

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Gritmind LT - Social security debts

From To Debt, €
2025-12-16 2025-12-30 0.25
2025-07-16 2025-07-16 175.47
2024-10-16 2024-10-23 60.06

Gritmind 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.
Gritmind LT, UAB (company code 306733037) is a Private Limited Liability Company engaged in other computer programming activities. In financial year 2025, the company reported revenue of €3.73M and net profit of €199.7K, compared with €638.7K revenue and €31.9K net profit in 2024. This indicates a strong expansion in scale, with year-on-year revenue growth of 484.1% and a stable profit margin of 5.3%. Profit before tax increased to €244.4K in 2025 from €38.0K in 2024. The balance sheet also strengthened, with total assets rising to €379.2K from €73.4K, equity increasing to €232.6K, and liabilities at €144.9K. The equity ratio stood at 61.3%, while debt-to-equity was 0.62. Efficiency indicators were strong, with ROE at 85.9%, ROA at 52.7%, and asset turnover at 9.84x. The company employed staff during the year, generating €103.6K revenue and €5.5K profit per employee.