Company overview
Basic information
Company name
MODEST, AB
Company code
121313693
VAT code
LT213136917
Registered address
Tauragė, Gaurės g. 23, LT-72340
Registration date
1992-03-25
Company age: 34 y. 7 mo.
Contact information
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Phone
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Email
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Website
https://vilvigroup.lt
Company manager
For registered members only
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Indicators
Risk factors
Activity
Legal form
Public Limited Liability Company
NACE activity
Manufacture of dairy products
Ownership form
Private without foreign capital
AB "MODEST"
Company code: 121313693
Address: Tauragė, Gaurės g. 23, LT-72340
VAT code: LT213136917
Description
This description was generated by artificial intelligence.
MODEST, AB (company code 121313693) is an operational private public limited liability company registered in 1992. The company is classified as a national private non-financial enterprise with private ownership, where Lithuanian natural and legal persons hold more than 50% of the authorised capital and no foreign investor capital is included. Its governance structure is CEO with board/council. The company operates in Taurage, Taurage District Municipality, Taurage County, at Gaures g. 23. Its main activity is EVRK C.10.51.00, Manufacture of dairy products.
MODEST is described as a large company, with a revenue group of EUR 50 million+ and an employee group of 51-250. In 2025, revenue reached EUR 57.98 million, up 11.3% year on year and 30.8% over two years. The company recorded a net loss of EUR 2.43 million, compared with a profit in 2024, and the profit margin stood at -4.2%. Equity at the end of 2025 was EUR 6.58 million, with total assets of EUR 9.29 million.
Average employment so far in 2026 was 213 people, down from 221 in 2025, while the average monthly wage increased to EUR 2,192.98. The share capital is EUR 1.63 million.
MODEST is described as a large company, with a revenue group of EUR 50 million+ and an employee group of 51-250. In 2025, revenue reached EUR 57.98 million, up 11.3% year on year and 30.8% over two years. The company recorded a net loss of EUR 2.43 million, compared with a profit in 2024, and the profit margin stood at -4.2%. Equity at the end of 2025 was EUR 6.58 million, with total assets of EUR 9.29 million.
Average employment so far in 2026 was 213 people, down from 221 in 2025, while the average monthly wage increased to EUR 2,192.98. The share capital is EUR 1.63 million.
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