Verge Motorcycles OÜRegistered
Tax debt 40 422 € as of 29.09.2026.Source: Tax and Customs Board
Annual report for 2025 not filed.
Qualified audit opinion. 2024 report: Disclaimer of opinion.
Key figures
1 048 163 €+973,8%
Revenue 2024
+973,8%
Average annual growth 2023–2024
Ratios
2024−1023,1%
Profit margin
−970,6%
EBITDA margin
26,8%
Equity ratio
0,7×
Current ratio
−569,0%
Return on equity
3749 €
Average gross salary
Balance sheet structure
Current assetsNon-current assetsLiabilitiesEquity
Quarterly figures
| Quarter | Revenue | Number of employees | Labour taxes |
|---|---|---|---|
| Q2 2026 | 811 191 € | 12 | 74 671 € |
| Q1 2026 | 1 252 150 € | 13 | 107 761 € |
| Q4 2025 | 873 774 € | 14 | 110 879 € |
| Q3 2025 | 1 025 643 € | 15 | 214 369 € |
| Q2 2025 | 1 346 911 € | 25 | 214 208 € |
| Q1 2025 | 922 273 € | 25 | 340 429 € |
Source: Tax Board open data — based on VAT returns, may not exactly match revenue in the annual report. Updated quarterly.
Summary of financial statements2022–2024
| 2022 | 2023 | 2024 | |
|---|---|---|---|
| Balance sheet — assets | |||
| Total current assets | 4 608 099 | 3 658 164 | 3 338 391 |
| Total non-current assets | 74 412 | 1 872 603 | 3 700 089 |
| Total assets | 4 682 511 | 5 530 767 | 7 038 480 |
| Balance sheet — liabilities and equity | |||
| Current liabilities | 1 225 479 | 3 283 816 | 4 455 865 |
| Non-current liabilities | 1 078 000 | 128 000 | 698 000 |
| Total liabilities | 2 303 479 | 3 411 816 | 5 153 865 |
| Share capital | 2500 | 2500 | 2500 |
| Retained earnings of previous periods | 0 | −820 968 | −9 795 149 |
| Profit for the year | −820 968 | −8 974 181 | −10 723 672 |
| Reserves and other equity | 3 197 500 | 11 911 600 | 22 400 936 |
| Total equity | 2 379 032 | 2 118 951 | 1 884 615 |
| Income statement | |||
| Sales revenue | — | 97 616 | 1 048 163 |
| Operating profit | −820 033 | −8 851 202 | −10 471 807 |
| EBITDA | — | −8 770 194 | −10 173 180 |
| Profit before income tax | −820 968 | −8 974 181 | −10 723 672 |
| Profit for the reporting year | −820 968 | −8 974 181 | −10 723 672 |
| Labour costs | 105 129 | 1 254 805 | 1 663 096 |
| Depreciation of non-current assets | — | 81 008 | 298 627 |
| Other indicators | |||
| Employees | 6 | 32 | 34 |
| Calculated dividend | — | 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.
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