Smart Flag OÜRegistered
Key figures
6535 €−61,9%
Revenue 2025
−14,3%
Average annual change 2019–2025
Ratios
202539,7%
Profit margin
70,3%
EBITDA margin
62,6%
Equity ratio
5,8×
Current ratio
15,1%
Return on equity
Balance sheet structure
Current assetsNon-current assetsLiabilitiesEquity
Quarterly figures
| Quarter | Revenue | Number of employees | Labour taxes |
|---|---|---|---|
| Q2 2026 | 2872 € | — | 0 € |
| Q1 2026 | 749 € | — | 0 € |
| Q4 2025 | 2489 € | — | 0 € |
| Q3 2025 | 620 € | — | 0 € |
| Q2 2025 | 1953 € | — | 0 € |
| Q1 2025 | 2232 € | — | 0 € |
Source: Tax Board open data — based on VAT returns, may not exactly match revenue in the annual report. Updated quarterly.
Dividends
calculated2025
No dividends were distributed.
History
dividend other equity decrease
20250 €
20240 €+17 518 € other
20230 €
20220 €
20210 €
Previous year's retained earnings + previous year's profit − current retained earnings.
Summary of financial statements2019–2025
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|---|---|---|
| Balance sheet — assets | |||||||
| Total current assets | 17 831 | 15 148 | 21 689 | 13 911 | 21 255 | 16 869 | 17 040 |
| Total non-current assets | 0 | 0 | 10 504 | 6230 | 4990 | 11 085 | 10 330 |
| Total assets | 17 831 | 15 148 | 32 193 | 20 141 | 26 245 | 27 954 | 27 370 |
| Balance sheet — liabilities and equity | |||||||
| Current liabilities | 428 | 4586 | 2028 | 0 | 0 | 1725 | 2939 |
| Non-current liabilities | 8970 | 2293 | 12 350 | 0 | 0 | 11 684 | 7293 |
| Total liabilities | 9398 | 6879 | 14 378 | 0 | 0 | 13 409 | 10 232 |
| Share capital | 2500 | 2500 | 2500 | 2500 | 2500 | 2500 | 2500 |
| Retained earnings of previous periods | — | 882 | 8269 | 17 815 | 2623 | 8727 | 14 545 |
| Profit for the year | 256 | −164 | 9546 | 2623 | 6104 | 5818 | 2593 |
| Reserves and other equity | — | 5051 | −2500 | −2797 | 15 018 | −2500 | −2500 |
| Total equity | 8433 | 8269 | 17 815 | 20 141 | 26 245 | 14 545 | 17 138 |
| Income statement | |||||||
| Sales revenue | 16 475 | 8407 | 18 245 | 15 327 | 13 342 | 17 166 | 6535 |
| Operating profit | 256 | 461 | 9964 | 2623 | 6104 | 6871 | 3837 |
| EBITDA | — | — | — | 7405 | 7344 | 7743 | 4592 |
| Profit before income tax | 256 | −164 | 9546 | 2623 | 6104 | 5818 | 2593 |
| Profit for the reporting year | 256 | −164 | 9546 | 2623 | 6104 | 5818 | 2593 |
| Labour costs | 0 | 0 | 0 | 0 | 0 | 1086 | 0 |
| Depreciation of non-current assets | — | — | — | 4782 | 1240 | 872 | 755 |
| Other indicators | |||||||
| Employees | 0 | 0 | 0 | 0 | 0 | 1 | 0 |
| Calculated dividend | — | — | 0 | 0 | 0 | 0 | 0 |
A dash (—) means the report has not been filed or the line is not reported; 0 is a zero stated in the report.
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Annual reportsPDF, XBRL
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Source: e-Business Register (RIK). Files open/download directly from the official register.
Related companies
Same activity — Manufacture of other fabricated metal products n.e.c.
Same address