Company overview
Basic information
Company name
Initium novum, UAB
Company code
305166947
VAT code
LT100012974514
Registered address
Vilnius, Labdarių g. 7, LT-01120
Registration date
2019-05-20
Company age: 7 y. 5 mo.
Contact information
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Phone
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Email
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Website
https://www.inovum.lt
Company manager
For registered members only
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Indicators
Risk factors
Activity
Legal form
Private Limited Liability Company
NACE activity
Other business support service activities n.e.c.
Ownership form
Private without foreign capital
UAB "Initium novum"
Company code: 305166947
Address: Vilnius, Labdarių g. 7, LT-01120
VAT code: LT100012974514
Description
This description was generated by artificial intelligence.
Initium novum, UAB (company code 305166947) is an operational private limited liability company registered in 2019. It is classified as a micro-sized private non-financial company with private ownership, where Lithuanian natural and legal persons hold more than 50% of the authorised capital and there is no foreign investor capital. Governance is limited to a CEO. The company is located in Vilnius, Labdariu g. 7, Vilniaus m. sav., Vilniaus apskr.
Its main activity is EVRK code O.82.99.00, Other business support service activities n.e.c. Financial performance has fluctuated in recent years. Revenue increased from EUR 22.0K in 2023 to EUR 28.9K in 2024, then declined to EUR 5.8K in 2025. Net loss improved from EUR 6.0K in 2023 to EUR 710 in 2024, before widening again to EUR 2.6K in 2025. The latest profit margin was -45.3%. Equity remained negative throughout the period and ended 2025 at EUR -7.2K, while liabilities rose to EUR 9.4K and total assets were EUR 2.2K. The company had 1 average employee in 2023, 2024, 2025 and so far in 2026.
Its main activity is EVRK code O.82.99.00, Other business support service activities n.e.c. Financial performance has fluctuated in recent years. Revenue increased from EUR 22.0K in 2023 to EUR 28.9K in 2024, then declined to EUR 5.8K in 2025. Net loss improved from EUR 6.0K in 2023 to EUR 710 in 2024, before widening again to EUR 2.6K in 2025. The latest profit margin was -45.3%. Equity remained negative throughout the period and ended 2025 at EUR -7.2K, while liabilities rose to EUR 9.4K and total assets were EUR 2.2K. The company had 1 average employee in 2023, 2024, 2025 and so far in 2026.
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