Vard Consulting, MB - financials and debts

Vard Consulting, MB (company code 306988237) is a Lithuanian small partnership active in market research and public opinion polling. In 2025, the latest financial year, revenue increased to EUR 123.2K from EUR 32.5K in 2024. The 2024 period covered 113 days, so the year-on-year comparison should be viewed in that context, but the business still showed a strong expansion in scale. Net profit in 2025 was EUR 14.3K, slightly below EUR 15.9K a year earlier, while profit margin eased from 49.1% to 11.6% as turnover grew faster than earnings. The company’s balance sheet remained solid at year-end 2025, with total assets of EUR 49.9K, equity of EUR 33.7K and liabilities of EUR 16.2K. Equity represented 67.6% of assets, and debt-to-equity stood at 0.48. Return on equity was 42.4% and return on assets 28.6%, supported by an asset turnover of 2.47x. No staff data is available, so revenue per employee cannot be assessed.