Company overview
Basic information
Company name
Kretingos medis, UAB
Company code
304429740
VAT code
LT100010599210
Registered address
Kretingos r. sav., Kūlupėnų sen., Kūlupėnų k., Lino g. 13, LT-97336
Registration date
2016-12-07
Company age: 9 y. 10 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
Sawmilling and planing of wood
Ownership form
Private without foreign capital
UAB "Kretingos medis"
Company code: 304429740
Address: Kretingos r. sav., Kūlupėnų sen., Kūlupėnų k., Lino g. 13, LT-97336
VAT code: LT100010599210
Description
This description was generated by artificial intelligence.
Kretingos medis, UAB (company code 304429740) is an operational private limited liability company registered in 2016. It belongs to the sector of national private non-financial companies and is classified as private property, with Lithuanian natural and legal persons owning more than 50% of the authorised capital and no foreign investor capital. The company is managed by a CEO only and is classified as a micro company. Its registered address is Lino g. 13, Kulupenu k., Kulupenu sen., Kretingos r. sav., Klaipedos apskr.
The company’s main activity is EVRK C.16.11.00, Sawmilling and planing of wood. In financial year 2025, revenue was EUR 28.5 thousand and net profit was negative at EUR 21.7 thousand, with a profit margin of -76.4%. Revenue declined by 81.8% year on year and by 90.0% over two years. Equity at the end of 2025 stood at EUR 11.8 thousand, total assets at EUR 45.7 thousand, and liabilities at EUR 33.9 thousand.
The staff base has also decreased. Average employment was 8 in 2023, 5 in 2024, and 2 in 2025; so far in 2026, average employment remained at 2. The average monthly wage was EUR 407.14 in 2025, down from EUR 833.44 in 2024.
The company’s main activity is EVRK C.16.11.00, Sawmilling and planing of wood. In financial year 2025, revenue was EUR 28.5 thousand and net profit was negative at EUR 21.7 thousand, with a profit margin of -76.4%. Revenue declined by 81.8% year on year and by 90.0% over two years. Equity at the end of 2025 stood at EUR 11.8 thousand, total assets at EUR 45.7 thousand, and liabilities at EUR 33.9 thousand.
The staff base has also decreased. Average employment was 8 in 2023, 5 in 2024, and 2 in 2025; so far in 2026, average employment remained at 2. The average monthly wage was EUR 407.14 in 2025, down from EUR 833.44 in 2024.
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