Annual financial information for UAB "Quality Development"

    UAB "Quality Development" revenue, profit

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    Annual financial information for UAB "Quality Development"

    Year
    2020 2021 2022 2023 2024
    Sales revenue 2 991 225 € 4 715 271 € 4 632 590 € 5 203 831 € 4 990 688 €
    Profit (loss) before taxes 50 284 € 298 558 € 36 866 € 10 688 € -8 957 €
    Profit before taxes margin 1,68 % 6,33 % 0,80 % 0,21 % -0,18 %
    Net profit (loss) 42 337 € 253 774 € 29 390 € 5 623 € -10 995 €
    Net profit margin 1,42 % 5,38 % 0,63 % 0,11 % -0,22 %
    Equity capital 722 545 € 976 409 € 879 194 € 884 817 € 873 822 €
    Amounts payable and other liabilities 2 671 043 € 2 928 578 € 2 435 224 € 2 276 275 € 2 697 830 €
    Non-current assets 160 971 € 164 324 € 364 857 € 544 088 € 442 364 €
    Current assets 3 232 617 € 3 740 663 € 2 924 135 € 2 605 596 € 3 120 153 €

    Source of information: State enterprise "Registrų centras" (without changes, license).
    • Non-current assets - assets that will be used by the company for more than a year.
    • Current assets - comprise receivables, short-term tangible assets, inventories, prepaid expenses, other receivables, and cash.
    • Equity (owner's equity) - this is what remains from the total assets after deducting the sum of liabilities.
    • Liabilities - these are the company's long-term and short-term debts to suppliers, employees, creditors, the government, etc.
    • Sales revenue - the increase in economic benefits during the reporting period due to the sale of goods and services.
    • Profit before taxes - all the company's income minus all the company's expenses.
    • Profit before taxes margin - the ratio of profit before taxes to sales revenue.
    • Net profit - this is the company's income after deducting all the expenses and taxes.
    • Net profit margin - the ratio of net profit to sales revenue. In some cases, the profitability can exceed 100% - this usually happens when the company has other operating income, which is not considered as sales income, because it is obtained from atypical activities. An example would be investment income that is not classified as core business but has a positive effect on the bottom line when calculating net profit. In this case, the profitability can exceed 100%, because the atypical activity of the company brings more income than the sales income of the main activity, from which the profitability is calculated.
    The chart provides the company UAB "Quality Development" 301854768 annual sales revenue. The company's turnover - is received and declared earnings for the year. K means thousands. M means million. > means "more than".

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