Iratus, MB - financials and debts

Iratus, MB, company code 306761467, is a Lithuanian small partnership operating in logistics service activities. In 2025, the company generated revenue of EUR 65.4 thousand and recorded net profit of EUR 21.5 thousand, compared with revenue of EUR 19.7 thousand and net profit of EUR 2.8 thousand in 2024. This indicates a strong year-on-year expansion in sales and a substantial improvement in profitability, with the net profit margin increasing to 32.9% from 13.9% a year earlier. Profit before tax reached EUR 22.9 thousand in 2025. The business remained financially lean, with total assets of EUR 31.6 thousand, equity of EUR 24.3 thousand and liabilities of EUR 7.3 thousand at year-end 2025. Equity represented the larger part of the balance sheet, and debt remained modest relative to equity. Asset turnover was 2.07x, showing that the asset base was used efficiently to generate revenue. Overall, the 2025 results show a small but rapidly growing logistics business with stronger profitability and a solid equity position.