Company overview
Basic information
Company name
Azelt, MB
Company code
304855569
VAT code
LT100011698618
Registered address
Kaunas, Nemuno g. 18-3, LT-44289
Registration date
2018-06-08
Company age: 8 y. 4 mo.
Contact information
Edit data
Phone
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Presented as an image – cannot be copied
Email
Presented as an image – cannot be copied
Presented as an image – cannot be copied
Website
https://azelt.lt
Indicators
Risk factors
Activity
Legal form
Small partnership
NACE activity
Other building completion and finishing
Ownership form
Private without foreign capital
MB Azelt
Company code: 304855569
Address: Kaunas, Nemuno g. 18-3, LT-44289
VAT code: LT100011698618
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Description
This description was generated by artificial intelligence.
Azelt, MB (company code 304855569) is an operational private small partnership registered on 8 June 2018. It belongs to the sector of national private non-financial companies and is privately owned, with more than 50% of authorised capital held by Lithuanian natural and legal persons and no foreign investor capital. The company is governed by a CEO only. Its registered address is Kaunas, Nemuno g. 18-3, in Kaunas city municipality, Kaunas county. According to EVRK code F.43.35.00, the company carries out other building completion and finishing activities.
In financial year 2025, Azelt generated revenue of EUR 907.8K, up 30.7% year on year and 241.5% over two years. Net profit was EUR 2.8K, with a profit margin of 0.3%. Total assets reached EUR 143.8K, supported by equity of EUR 23.4K and liabilities of EUR 120.4K. The business also reported a return on equity of 11.8% and return on assets of 1.9% for 2025.
The company employed an average of 20 people so far in 2026, down 13.0% from the previous year. The average monthly wage was EUR 1,419.45 so far in 2026, up 3.1% year on year and 49.4% over two years. Estimated annual payroll was EUR 340.7K.
In financial year 2025, Azelt generated revenue of EUR 907.8K, up 30.7% year on year and 241.5% over two years. Net profit was EUR 2.8K, with a profit margin of 0.3%. Total assets reached EUR 143.8K, supported by equity of EUR 23.4K and liabilities of EUR 120.4K. The business also reported a return on equity of 11.8% and return on assets of 1.9% for 2025.
The company employed an average of 20 people so far in 2026, down 13.0% from the previous year. The average monthly wage was EUR 1,419.45 so far in 2026, up 3.1% year on year and 49.4% over two years. Estimated annual payroll was EUR 340.7K.