Palangos barai, MB - company info and details

Company age: 10 y. 0 mo.

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Company overview

Company name Palangos barai, MB
Company code 304415267
VAT code LT100012447919
Registered address Palanga, Sodų g. 37-1, LT-00120
Registration date 2016-10-21 Company age: 10 y.
Phone Phone
Email Email
Website None
Company manager For registered members only Log in
Revenue (2025) 1,238,046 € +11% History
Profit (2025) 124,945 € -7% History
Number of employees 10 History
Average salary 2748 € History
Managed vehicles 3 List
Employee turnover rate 163,6 % History
Current SODRA debt No debt Read more
Days of debt to SODRA per year 0 days
Current VMI debt No debt Read more
Financial statements All submitted
Legal form Small partnership
NACE activity Restaurant activities
Ownership form Private without foreign capital

Description

This description was generated by artificial intelligence.
Palangos barai, MB (company code 304415267) is a private small partnership registered in 2016 and currently operational. The company belongs to the national private non-financial companies sector and operates under a CEO-only governance model. Its ownership is private, with more than 50% of the authorised capital held by Lithuanian natural and legal persons and no foreign investor capital. The company is based in Palanga, Sodu g. 37-1, LT-00120, Palanga municipality, Klaipeda County. Its core activity is restaurant activities (EVRK code I.56.11.00).

In financial year 2025, the company generated revenue of €1.24M, up 10.8% year on year and 14.6% over two years. Net profit was €124.9K, with a profit margin of 10.1%. Equity stood at €297.2K, liabilities at €250.0K, and total assets at €547.3K. The latest available staff data for so far in 2026 shows an average of 12 employees, compared with 13 in 2023 and 2024 and 12 in 2025. The average monthly wage was €2,033.87 so far in 2026, following €2,105.60 in 2025 and €2,017.78 in 2024.

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