Company overview
Basic information
Company name
Kestvega, MB
Company code
305229632
VAT code
LT100012561618
Registered address
Kalvarija, Dariaus ir Girėno g. 90A, LT-69206
Registration date
2019-08-16
Company age: 7 y. 2 mo.
Contact information
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Phone
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Email
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Website
None
Indicators
Risk factors
Activity
Legal form
Small partnership
NACE activity
Freight transport by road
Ownership form
Private without foreign capital
MB "Kestvega"
Company code: 305229632
Address: Kalvarija, Dariaus ir Girėno g. 90A, LT-69206
VAT code: LT100012561618
Description
This description was generated by artificial intelligence.
Kestvega, MB (company code 305229632) is an operational private small partnership registered in 2019. The company is classified as a private enterprise in the national private non-financial companies sector, with governance described as CEO only and ownership type indicating private ownership held by Lithuanian natural and legal persons. Its main activity is EVRK H.49.41.00, Freight transport by road. The company is based in Kalvarija, at Dariaus ir Gireno g. 90A, LT-69206, in Kalvarijos municipality, Marijampole County.
In financial year 2025, Kestvega reported revenue of EUR 1.40 million and net profit of EUR 125.8 thousand, with a profit margin of 9.0%. This followed a much smaller 2024 result, when revenue was EUR 19.6 thousand and the company recorded a net loss of EUR 5.2 thousand. The 2025 figures therefore show a strong turnaround and a substantial increase in scale compared with the previous year.
Staffing also changed significantly. In 2025 the company averaged 39 employees, while so far in 2026 it has averaged 29 employees. The average monthly wage reached EUR 1,827.29 so far in 2026, up 34.0% year on year. Overall, the latest data indicate a small but rapidly expanded road freight business with improved profitability and a stronger balance sheet in 2025.
In financial year 2025, Kestvega reported revenue of EUR 1.40 million and net profit of EUR 125.8 thousand, with a profit margin of 9.0%. This followed a much smaller 2024 result, when revenue was EUR 19.6 thousand and the company recorded a net loss of EUR 5.2 thousand. The 2025 figures therefore show a strong turnaround and a substantial increase in scale compared with the previous year.
Staffing also changed significantly. In 2025 the company averaged 39 employees, while so far in 2026 it has averaged 29 employees. The average monthly wage reached EUR 1,827.29 so far in 2026, up 34.0% year on year. Overall, the latest data indicate a small but rapidly expanded road freight business with improved profitability and a stronger balance sheet in 2025.
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