Company overview
Basic information
Company name
INNOVATION WORLD NETWORK
Company code
305051927
Registered address
Vilnius, Vilkpėdės g. 22, LT-03151
Registration date
2019-02-26
Company age: 7 y. 8 mo.
Contact information
Edit data
Phone
Presented as an image – cannot be copied
Email
None
Website
None
Indicators
Risk factors
Activity
Legal form
Association
NACE activity
Activities of other membership organisations n.e.c.
Sector
Namų ūkiams paslaugas teikiančios ne pelno institucijos
Ownership form
Private without foreign capital
Beneficiary of support
Yes, since 2019-02-26
NVO
Non-governmental organization since 2025-03-13
INNOVATION WORLD NETWORK
Company code: 305051927
Address: Vilnius, Vilkpėdės g. 22, LT-03151
Description
This description was generated by artificial intelligence.
INNOVATION WORLD NETWORK (company code 305051927) is an operational public association registered on 26 February 2019. It is organised as an association, operates in the sector of non-profit institutions providing services to households, and is governed by a CEO with a board/council. The ownership form is private ownership, where Lithuanian natural and legal persons own more than 50% of the authorised capital and there is no foreign investor capital. The company is based in Vilnius, at Vilkpedes g. 22, LT-03151, in Vilniaus m. municipality, Vilniaus county.
Its registered activity is EVRK code T.94.99.00, Activities of other membership organisations n.e.c. Financially, the company reported revenue of EUR 41.5K in 2025, up 1.3% year on year from EUR 41.0K in 2024. Net profit for 2025 was EUR 453, with a profit margin of 1.1%, compared with EUR 36.2K net profit and an 88.1% margin in 2024. Equity at the end of 2025 was EUR 36.6K, total assets were EUR 46.2K, and liabilities were EUR 9.5K. The latest figures also show return on equity of 1.2%, return on assets of 1.0%, debt-to-equity of 0.26, and asset turnover of 0.90x.
Its registered activity is EVRK code T.94.99.00, Activities of other membership organisations n.e.c. Financially, the company reported revenue of EUR 41.5K in 2025, up 1.3% year on year from EUR 41.0K in 2024. Net profit for 2025 was EUR 453, with a profit margin of 1.1%, compared with EUR 36.2K net profit and an 88.1% margin in 2024. Equity at the end of 2025 was EUR 36.6K, total assets were EUR 46.2K, and liabilities were EUR 9.5K. The latest figures also show return on equity of 1.2%, return on assets of 1.0%, debt-to-equity of 0.26, and asset turnover of 0.90x.
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