INNOVATION WORLD NETWORK - company info and details

Company age: 7 y. 8 mo.

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Company overview

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.
Phone Phone
Email None
Website None
Revenue (2025) 41,550 € +1% History
Profit (2025) 453 € -99% History
Number of employees 0
Managed vehicles 0
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 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

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.

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