Company overview
Basic information
Company name
Inovacijų agentūra, VšĮ
Company code
125447177
VAT code
LT254471716
Registered address
Vilnius, Juozo Balčikonio g. 3, LT-08247
Registration date
2000-11-21
Company age: 25 y. 10 mo.
Contact information
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Phone
Email
Presented as an image – cannot be copied
Presented as an image – cannot be copied
Website
https://www.inovacijuagentura.lt
Company manager
For registered members only
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Indicators
Risk factors
Activity
Legal form
Public Institution
NACE activity
Business and other management consultancy activities
Sector
Centrinė valdžia (išskyrus socialinės apsaugos fondus)
Ownership form
Public without foreign capital
Beneficiary of support
Yes, since 2004-05-06
Viešoji įstaiga Inovacijų agentūra
Company code: 125447177
Address: Vilnius, Juozo Balčikonio g. 3, LT-08247
VAT code: LT254471716
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Description
This description was generated by artificial intelligence.
Inovaciju agentura, VšI (company code 125447177) is an operational public institution registered on 21 November 2000. It operates in the central government sector, under public ownership, with governance described as CEO with board/council. The company is based in Vilnius, at Juozo Balcikonio g. 3, Vilniaus m. sav., Vilniaus apskr. Its core activity is N.70.20.00, Business and other management consultancy activities. The organisation is classified as large, with an employee group of 251+ and a revenue group of EUR 10-50M.
Financially, revenue increased from EUR 25.33M in 2023 to EUR 28.19M in 2024. Net profit remained very small, at EUR 19.3K in 2023 and EUR 2.2K in 2024, indicating very low profitability relative to turnover. Total assets rose from EUR 6.78M to EUR 11.26M over the same period, while liabilities declined from EUR 2.70M to EUR 2.30M. Staff numbers grew from 335 in 2023 to 375 in 2025, and remained at 375 so far in 2026. The average monthly wage increased from EUR 3,073.41 in 2023 to EUR 3,562.79 in 2025, before easing to EUR 3,380.90 so far in 2026. The estimated annual payroll is EUR 15.21M.
Financially, revenue increased from EUR 25.33M in 2023 to EUR 28.19M in 2024. Net profit remained very small, at EUR 19.3K in 2023 and EUR 2.2K in 2024, indicating very low profitability relative to turnover. Total assets rose from EUR 6.78M to EUR 11.26M over the same period, while liabilities declined from EUR 2.70M to EUR 2.30M. Staff numbers grew from 335 in 2023 to 375 in 2025, and remained at 375 so far in 2026. The average monthly wage increased from EUR 3,073.41 in 2023 to EUR 3,562.79 in 2025, before easing to EUR 3,380.90 so far in 2026. The estimated annual payroll is EUR 15.21M.