Company overview
Basic information
Company name
PALANGOS LINAS, UAB
Company code
152534298
VAT code
LT525342917
Registered address
Palanga, Vytauto g. 155, LT-00163
Registration date
1993-03-15
Company age: 33 y. 6 mo.
Contact information
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Phone
Email
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Website
https://www.palangoslinas.com
Company manager
For registered members only
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Indicators
Risk factors
Activity
Legal form
Private Limited Liability Company
NACE activity
Hospital activities
Ownership form
Private without foreign capital
UAB "PALANGOS LINAS"
Company code: 152534298
Address: Palanga, Vytauto g. 155, LT-00163
VAT code: LT525342917
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Description
This description was generated by artificial intelligence.
PALANGOS LINAS, UAB (company code 152534298) is an operational private limited liability company registered on 15 March 1993. It is a medium-sized private enterprise in the national private non-financial companies sector, with private ownership and governance described as CEO with board/council. The company operates in Palanga, at Vytauto g. 155, LT-00163, Palangos m. sav., Klaipedos apskr. Its registered activity is R.86.10.20, Activities of rehabilitation hospitals. The share capital amounts to €1.71M.
Financially, the company increased revenue from €4.79M in 2023 to €5.58M in 2024 and €6.26M in 2025, reflecting 12.2% year-on-year growth in 2025 and 30.8% growth over two years. Profitability was much lower in 2025 than in the previous year: net profit was €41.1K, with a profit margin of 0.7%, compared with €264.5K in 2024. At the end of 2025, equity stood at €8.60M, liabilities at €2.33M, and total assets at €11.98M.
The company employed an average of 140 people in 2025 and so far in 2026, while the average monthly wage rose to €2,340.99 so far in 2026, up 2.7% year on year and 21.0% over two years. Estimated annual payroll is €3.93M.
Financially, the company increased revenue from €4.79M in 2023 to €5.58M in 2024 and €6.26M in 2025, reflecting 12.2% year-on-year growth in 2025 and 30.8% growth over two years. Profitability was much lower in 2025 than in the previous year: net profit was €41.1K, with a profit margin of 0.7%, compared with €264.5K in 2024. At the end of 2025, equity stood at €8.60M, liabilities at €2.33M, and total assets at €11.98M.
The company employed an average of 140 people in 2025 and so far in 2026, while the average monthly wage rose to €2,340.99 so far in 2026, up 2.7% year on year and 21.0% over two years. Estimated annual payroll is €3.93M.