MB "Race time"
Copy
CopyCompany details
Legal status
ActiveLegal form
Small PartnershipCompany ID
152507454Copy
CopyVAT code
LT525074515Copy
CopyFrom 06/03/2014
Incorporation date
15/05/1992Company's manager/representative
Eduardas Panovas, DirectorCopy
CopyShare capital
Not specifiedContacts
Company registration address
Palanga, Mokyklos g. 14-43, LT-00303Check the map
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Pre-Score is a financial health assessment model developed by our partner SCORIFY and based on publicly available company data. It assesses financial health using open data, including financial ratios, court records, credit history, and other relevant information. Insolvency risk is assessed using SCORIFY GOscore, available in a company’s credit report.Important: Pre-Score represents SCORIFY’s opinion, expressed using a defined assessment scale. This opinion may differ from how creditors or the company itself assess its financial reliability.
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C
AverageHighest reliabilityLowest reliability
Reliability
A - Highest
B - High
C - AverageD - Low
E - Lowest
Fair Business loans
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Data on insured persons (natural persons) whose state social insurance commencement has been notified by the employer to the SSIFB.More information: www.sodra.lt
Number of employees
7
+7 ** during past year
The average wage - the amount of wages or other income on which social security contributions are paid. This data is disclosed only if company has more than 3 employees.Average wage
878.04 €
0 € ** during past year
Debts
No debts
0 € ** during past year
-48 %Turnover
3,730 €Credit report
25
Data sourcesBusiness linkages
1
LinkageMonitoring
17
Changes during the yearSimilar companies
1055
Similar companiesThe value of a company is calculated by our partner UAB SCORIFY and is based on Excess return model. It measures the ability of business to generate value added profit in both - short and long term.The calculations of Escess return model use main profitability and growth ratios, that are also assessed by analyzing company`s financial state.
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- Find out if your business has paid off.
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Company's value
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with Freemium unlimitedCredit limit is a product of our partner, credit risk assessment and artificial intelligence professional company SCORIFY. The credit limit calculation is based on financial statement data provided by company to Register of Legal Entities and statistical credit risk assessment model of GO score - UAB SCORIFY. Main financial ratios used in calculation of credit limit are:
- Tangible assets.
- Working capital.
- Sales.
- Efficiency ratios.
- Profitability ratios.
- Liquidity ratios.
Credit limit will help you:
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Credit limit
EstimatedRelated persons
Name, Surname  | Title | Start date | End date | Linkages |
|---|---|---|---|---|
Eduardas Panovas | Director | 29/03/2024 | present | 5 |
Financial ratios
EBITDA stands for Earnings Before Interest, Taxes, Depreciation, and Amortization and is a metric used to evaluate a company’s operating performance. It can be seen as a proxy for cash flow from the entire company’s operations.EBITDA margin (%)
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with Freemium unlimitedEBIT margin shows the profitability of a company over a certain period of time.EBIT margin (%)
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| Indicator |
|---|
| Turnover (€)From 2022 the financial data of public bodies, associations and charities and support funds shows the total income, which is the sum of sales income, financing income and all other income. |
| Sales per employee (€)Sales per employee is a popular efficiency indicator that is often used to measure a company's performance. The average annual number of employees is usually used to calculate the indicator. |
| Profit before tax (€) |
| Net Profit (€) |
| Profit per employee (€)This ratio is on of company's growth indicators. It shows how much profit per employee is earned by the company. |
| Total profitability (%)It is an indicator of company's performance efficiency, calculated as ratio of gross profit to sales revenue. |
| Net profitability (%)This ratio is commonly referred to as a company’s “bottom line” and is a true indicator of a company’s profitability. It shows how much a net profit of € 1 (or other monetary unit) is generated by sales. |
| Equity (€) |
| Amounts Payable And Liabilities (€) |
| Non-current Assets (€) |
| CurrentAssets (€) |
| Working capital requirementThe working capital requirement indicator shows how much funds a company needs to develop and maintain a business. |
| Debt-to-equity ratioThe debt-to-equity ratio is used to evaluate a company's financial leverage and is calculated by dividing a company’s total liabilities by its shareholder equity.
This ratio is a measure of the degree to which a company is financing its operations through debt versus wholly owned funds. More specifically, it reflects the ability of shareholder equity to cover all outstanding debts in the event of a business downturn. |
| EBITDA margin (%)EBITDA stands for Earnings Before Interest, Taxes, Depreciation, and Amortization and is a metric used to evaluate a company’s operating performance. It can be seen as a proxy for cash flow from the entire company’s operations. |
| EBITDA (€)EBITDA stands for Earnings Before Interest, Taxes, Depreciation, and Amortization. Lenders use EBITDA to calculate a company’s ability to repay a loan and pay interest. |
| EBIT margin (%)EBIT margin shows the profitability of a company over a certain period of time. |
| EBIT (€)EBIT (earnings before interest and taxes) is a company's net income before income tax expense and interest expenses are deducted. EBIT is used to analyze the performance of a company's core operations without the costs of the capital structure and tax expenses impacting profit. |
| 2023 |
|---|
| 8,320 |
| - |
| 9 |
| 9 |
| - |
| 100.00 |
| 0.11 |
| 461 |
| 7,311 |
| 4,686 |
| 3,086 |
| 2024 |
|---|
| 7,112 |
| - |
| -631 |
| -631 |
| - |
| 100.00 |
| -8.87 |
| 290 |
| 2,610 |
| 1,195 |
| 1,705 |
| 2025 |
|---|
| 3,730 |
| - |
| -185 |
| -185 |
| - |
| 100.00 |
| -4.96 |
| 105 |
| 8,133 |
| 633 |
| 7,605 |
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with Freemium unlimited| 2025 |
|---|
| 3,730 |
| - |
| -185 |
| -185 |
| - |
| 100.00 |
| -4.96 |
| 105 |
| 8,133 |
| 633 |
| 7,605 |
Enjoy unlimited use
with Freemium unlimited2025
Turnover (€)
3,730 €
-48 % *
Sales per employee (€)
-Profit before tax (€)
-185 €
71 % *
Net Profit (€)
-185 €71 % *
Profit per employee (€)
-Total profitability (%)
100.00 %
0.00 % *
Net profitability (%)
-4.96 %44.08 % *
Equity (€)
105 €-64 % *
Amounts Payable And Liabilities (€)
8,133 €
212 % *
Non-current Assets (€)
633 €
-47 % *
CurrentAssets (€)
7,605 €346 % *
Credit history
No. of unpaid debts
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Price: €35.99 | 1.00 credit
Company has debt ?
No. of unpaid debts
0
Largest debt
-
Amount of unpaid debts
€0.00
Oldest open debt
-
Unpaid debts
Creditor/Data source | Debt amount | Debt date | Debt type |
|---|---|---|---|
- | - | - | - |
Debts payment history
Creditor/Data source | Debt amount | Debt date / Payment date | Debt type |
|---|---|---|---|
- | - | - | - |
Courts
Defendant
(0)
Plaintiff
(0)
3rd party
(0)
MB "Race time" has no court cases
MB "Race time" has no registered court cases as defendant or plaintiff within the last 2 years.
ESG data
Energy performance of the company's head office building
Information is provided on the basis of public data about building energy efficiency certification published by State Agency of Construction Sector Development.More information: https://www.ssva.lt
Energy efficiency
G
AddressPalanga, Mokyklos g. 14-43, LT-00303
Certificate No.KG-0493-30078
Date of issue20/02/2026
Valid till20/02/2036
Heated area52.19 m²
Heat sourcenenustatyta
Energy consumptionEnergy consumption (kWh/m²/year) - Calculated total energy consumption per square metre of the useful floor area of a building (part of a building).
0 kWh/m²/metaiEnergy consumption (kWh/m²/year) - Calculated total energy consumption per square metre of the useful floor area of a building (part of a building).Co2 emissionCO₂ - the annual carbon dioxide emissions of a building (part of a building).
Not specifiedCO₂ - the annual carbon dioxide emissions of a building (part of a building).Energy consumption for heating
Not specifiedBuilding function
Kiti gyvenamieji pastatai (namai)Energy effiency class
GCompany fleet
2
The displayed data includes only vehicles operated by the company or both owned and operated by the company. If you would like information about the company's full fleet, please contact us at [email protected]Owned under operator-owner rights: 2
Owned under operator rights: 0
Owned under owner rights: 0
The data is provided only on vehicles that company owns by the right of owner operator or owner-operator. No data will be provided on vehicles that company is financing the purchase of.Company's eco score according CO² of vehicle fleet
Green Index is a unique solution developed by Okredo. This solution allows to estimate the carbon footprint of company's fleet. If WLTP/NEDC carbon footprint data is not provided, then the calculations are made using open technical data of the vehicles provided by the State Enterprise Regitra and the provisions of the Law on Motor Vehicle Registration Tax.The highest level of climate friendlyness applies to those companies, whose vehicles emit no more than 120 g/km of CO2m per vehicle.
<120
120 - 140
140 - 155
155 - 170
170 - 190
190 - 255
255+
Not determinedMaximum environmental friendliness
Lowest environmental friendliness
Vehicles
CLASS
AMOUNT
(<120)0
(120 - 140)0
(140 - 155)0
(155 - 170)0
(170 - 190)0
(190 - 255)1
(255+)0
(Not determined)1
Total
2
Eco score | Brand, model | Category | Engine capacity | First registration | Weight | Fuel |
|---|---|---|---|---|---|---|
254.31 | Nuasmeninta Nuasmeninta | Truck up to 3.5 tons | 2,998.00 cm³ | 03/05/2007 | 2,460.00 kg | Diesel |
- | PACE AMERICAN - | Trailer, semi-trailer 0.75t - 3.5t | - | - | 1,200.00 kg | - |
Trademarks
MB "Race time" has no registered trademarks
MB "Race time" has not registered any trademarks in Lithuania.
Public data
Govermental support
Institution | Support measure |
|---|---|
 | Non-refundable subsidy for micro-enterprises 2020 |
 | Fund of ILTE business stimulation means (2020) |
| Covid 19 aid measures (subsidies, compensation) in 2020 - 2022 |
| Covid 19 aid measures (guarantees provided) in 2020 - 2022 |
| Covid 19 aid measures (loans) in 2020 - 2022 |
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Data source | Information |
|---|---|
 | Redundancy of employees group (number of employees notified, date of announcement) |
 | Tax inspectorate information on payments in cash |
 | Public procurement office information on unreliable suppliers |
| Public procurement office information on those that supplied false data |
| Public procurement office information on possible disqualification from public procurement procedures |
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with Freemium unlimitedPublic data
Data source | Information |
|---|---|
 | Data from the B2Lithuania database of exporters |
| The biggest taxpayers in 2021 |
| Top taxpayers in 2021 excluding excise duties and VAT. |
| Top personal income tax payers in 2021 |
| Top taxpayers for corporate income tax in 2021 |
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with Freemium unlimitedLicenses
Licences, certificates, permits, other licensing documents
24
Registration number | Term of validity From / To | Licensing authority | Type | Species |
|---|---|---|---|---|
(17.1.)-L1-4046 2026-05-14 | 14/05/2026 / No end date | Palangos miesto savivaldybės administracija | License | License for retail trade in alcoholic beverages |
193 2026-04-28 | 28/04/2026 / No end date | Valstybinė maisto ir veterinarijos tarnyba | Identification | Food handling entity approval certificate |
250003481 2026-04-28 | 28/04/2026 / No end date | Valstybinė maisto ir veterinarijos tarnyba | Registration | Food handling entity registration |
(17.15.)-PR1-47 2023-04-27 | 01/06/2023 / 01/06/2024 | Palangos miesto savivaldybės administracija | Permit | Permit to trade (provide services) in public areas of the municipality |
(17.15.)-PR1-83 2022-05-12 | 01/06/2022 / 31/05/2023 | Palangos miesto savivaldybės administracija | Permit | Permit to trade (provide services) in public areas of the municipality |
Public procurement
No. of won tenders
0* during past yearTotal value of contracts
0 €Number of announced tenders
0* during past yearTotal value of contracts
0 €Won tenders
Date | Procurer/contractor | Amount | Project |
|---|---|---|---|
- | - | - | - |
Announced tenders
Date | Procurer/contractor | Amount | Project |
|---|---|---|---|
- | - | - | - |
Archive of articles
MB "Race time" has no press articles
MB "Race time" has not been mentioned in any press articles in our database.
BNS News
0
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1Description
CopyAbout MB "Race time"
MB "Race time" was established in 15/05/1992, its legal status according to data of Registry of Legal Entities is Active.Main activity of the company according NACE2 classification – Amusement and recreation activities n.e.c. (93.29.00 - EVRK 2.1), 93.29.00. Company is owned by 1 shareholder. Company's representation right – Sole representation.
In 2025 MB "Race time" turnover was 3,730 EUR, gross profit -185 EUR. According to SODRA company has 7 employees. MB "Race time" is registered at – Palanga, Mokyklos g. 14-43, LT-00303.
Business objectives of the company as officially recorded in the Register of Legal Entities: vystyti ir plėtoti Lietuvos Respublikos įstatymais nedraudžiamą komercinę-ūkinę veiklą, siekiant gauti pelno ir tenkinti privačius narių interesus. Bendrijos veikla - paslaugų pobūdžio. Bendrijos veiklos objektas - bet kuri, įstatymų nedraudžiama ūkinė-komercinė veikla, nustatyta ekonominės veiklos rūšių klasifikacijos aprašo. Pagrindinė akcentuojama yra poilsio ir pramogų organizavimo, kultūrinė ir sportinė veikla, reklama, restoranai, operacijos su nekilnojamuoju turtu, variklinių transporto priemonių pardavimas, priežiūra ir remontas, sausumos ir vandens transportas ir su tuo susijusios paslaugos, nuomos paslaugos, statyba, automobilių stovėjimo aikštelių eksploatacija (no translation available)
All data about MB "Race time" is up to date and consistent with the primary data source.
Frequently Asked Questions
What is MB "Race time" activity?
MB "Race time" operates in amusement and recreation activities n.e.c. (93.29.00 - evrk 2.1).
What is MB "Race time" revenue?
According to the latest available data, MB "Race time" revenue was 3,730 EUR in 2025.
Who is the manager of MB "Race time"?
The manager of MB "Race time" is Eduardas Panovas (Director).
What are the details of MB "Race time"?
Company code: 152507454
VAT code: LT525074515
Registered address: Palanga, Mokyklos g. 14-43, LT-00303
What is MB "Race time" company code?
MB "Race time" company code is 152507454.
Is MB "Race time" a reliable company?
MB "Race time" Pre-Score* rating is C, which indicates a medium level of reliability.
* Pre-Score is a financial health assessment model developed by our partner SCORIFY and based on publicly available company data. It assesses financial health using open data, including financial ratios, court records, credit history, and other relevant information. Insolvency risk is assessed using SCORIFY GOscore, available in a company’s credit report.How many employees does MB "Race time" have?
MB "Race time" has 7 employees (2026-08-12).
What is MB "Race time" registered address?
MB "Race time" registered address is Palanga, Mokyklos g. 14-43, LT-00303.
Does MB "Race time" have debts?
MB "Race time" has no registered debts.