Company overview
Basic information
Company name
Korvetas, UAB
Company code
302709494
VAT code
LT100012836010
Registered address
Plungės r. sav., Nausodžio sen., Vieštovėnų k., Alkakalnio g. 2, LT-90373
Registration date
2012-01-10
Company age: 14 y. 9 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
New construction
Ownership form
Private without foreign capital
UAB Korvetas
Company code: 302709494
Address: Plungės r. sav., Nausodžio sen., Vieštovėnų k., Alkakalnio g. 2, LT-90373
VAT code: LT100012836010
Description
This description was generated by artificial intelligence.
Korvetas, UAB (company code 302709494) is an operational private limited liability company registered in 2012. It is a private enterprise with Lithuanian ownership, governed by a CEO only, and classified as a micro company in the national private non-financial sector. Its main activity is new construction (EVRK F.41.00.10). The company is based in Vieštovenu k., Nausodžio sen., Plunges r. sav., Telšiu apskr.
In 2025, Korvetas generated revenue of €123.1K and net profit of €8.1K, giving a profit margin of 6.6%. Revenue increased strongly from 2024, when turnover was €13.8K and the company reported a net loss, but it remained below the 2023 level of €510.5K. At the end of 2025, equity stood at €13.9K, liabilities at €458.0K, and total assets at €471.9K, with equity representing 3.0% of assets. The company’s staff base has also narrowed over time: average headcount fell from 9 in 2023 to 5 in 2024 and 2 in 2025 and so far in 2026. The average monthly wage was €1,440.90 in 2023 and €1,935.42 in 2024.
In 2025, Korvetas generated revenue of €123.1K and net profit of €8.1K, giving a profit margin of 6.6%. Revenue increased strongly from 2024, when turnover was €13.8K and the company reported a net loss, but it remained below the 2023 level of €510.5K. At the end of 2025, equity stood at €13.9K, liabilities at €458.0K, and total assets at €471.9K, with equity representing 3.0% of assets. The company’s staff base has also narrowed over time: average headcount fell from 9 in 2023 to 5 in 2024 and 2 in 2025 and so far in 2026. The average monthly wage was €1,440.90 in 2023 and €1,935.42 in 2024.
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