Company overview
Basic information
Company name
NORWEGIAN WOOD, UAB
Company code
111692298
VAT code
LT116922917
Registered address
Panevėžio r. sav., Panevėžio sen., Berčiūnų k., Miško g. 5, LT-38362
Registration date
2000-02-18
Company age: 26 y. 8 mo.
Contact information
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Phone
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Email
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Website
None
Company manager
For registered members only
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Indicators
Risk factors
Activity
Legal form
Private Limited Liability Company
NACE activity
Manufacture of furniture
Sector
Užsienio subjektų kontroliuojamos ne finansų bendrovės
Ownership form
Private foreign capital
Uždaroji akcinė bendrovė "NORWEGIAN WOOD"
Company code: 111692298
Address: Panevėžio r. sav., Panevėžio sen., Berčiūnų k., Miško g. 5, LT-38362
VAT code: LT116922917
Description
This description was generated by artificial intelligence.
NORWEGIAN WOOD, UAB (company code 111692298) is an operational private limited liability company registered in 2000. It is classified as a private, micro-sized non-financial company controlled by foreign entities, with private ownership in which foreign natural and legal persons hold more than 50% of authorised capital. The company is governed by a CEO with a board or council. Its registered activity is EVRK code C.31.00.00, Manufacture of furniture. The company is based in Berciunu k., Panevežio sen., Panevežio r. sav., Panevežio county. Share capital is EUR 178.4K.
In financial year 2025, the company generated revenue of EUR 339.9K, up 24.1% year on year, after EUR 273.9K in 2024 and EUR 361.7K in 2023. Net loss narrowed to EUR 43.1K in 2025 from EUR 57.8K in 2024 and EUR 73.6K in 2023, with a 2025 profit margin of -12.7%. At the end of 2025, equity remained negative at EUR 270.6K and liabilities stood at EUR 416.4K. The workforce averaged 8 employees in 2025 and so far in 2026, with average monthly wages rising to EUR 1,470.75 so far in 2026. Estimated annual payroll is EUR 141.2K.
In financial year 2025, the company generated revenue of EUR 339.9K, up 24.1% year on year, after EUR 273.9K in 2024 and EUR 361.7K in 2023. Net loss narrowed to EUR 43.1K in 2025 from EUR 57.8K in 2024 and EUR 73.6K in 2023, with a 2025 profit margin of -12.7%. At the end of 2025, equity remained negative at EUR 270.6K and liabilities stood at EUR 416.4K. The workforce averaged 8 employees in 2025 and so far in 2026, with average monthly wages rising to EUR 1,470.75 so far in 2026. Estimated annual payroll is EUR 141.2K.
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