Company overview
Basic information
Company name
IT algoritmai, MB
Company code
305937567
Registered address
Kaunas, Draugystės g. 17-1, LT-51229
Registration date
2021-11-17
Company age: 4 y. 11 mo.
Contact information
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Phone
Presented as an image – cannot be copied
Email
Presented as an image – cannot be copied
Website
None
Indicators
Risk factors
Activity
Legal form
Small partnership
NACE activity
Other computer programming activities
Ownership form
Private without foreign capital
MB "IT algoritmai"
Company code: 305937567
Address: Kaunas, Draugystės g. 17-1, LT-51229
Description
This description was generated by artificial intelligence.
IT algoritmai, MB (company code 305937567) is an operational private small partnership registered in 2021. It belongs to the sector of national private non-financial companies and is classified as a micro-sized business. The company is privately owned, with Lithuanian natural and legal persons holding more than 50% of the authorised capital and no foreign investor capital, and its governance is listed as other. Its registered activity under EVRK code K.62.10.90 is other computer programming activities. The company is based in Kaunas, Kauno m. sav., Kauno apskr., at Draugystes g. 17-1.
Financially, the company generated revenue of EUR 195.3K in 2025, after EUR 249.4K in 2024 and EUR 175.0K in 2023. This means revenue declined by 21.7% year on year in 2025, but remained 11.6% above the 2023 level. Net profit was EUR 71.6K in 2025, compared with EUR 122.4K in 2024 and EUR 59.7K in 2023, while the 2025 profit margin stood at 36.7%. Equity at the end of 2025 was EUR 19.3K, liabilities were EUR 4.9K, and total assets were EUR 24.2K, indicating a relatively strong equity position.
Financially, the company generated revenue of EUR 195.3K in 2025, after EUR 249.4K in 2024 and EUR 175.0K in 2023. This means revenue declined by 21.7% year on year in 2025, but remained 11.6% above the 2023 level. Net profit was EUR 71.6K in 2025, compared with EUR 122.4K in 2024 and EUR 59.7K in 2023, while the 2025 profit margin stood at 36.7%. Equity at the end of 2025 was EUR 19.3K, liabilities were EUR 4.9K, and total assets were EUR 24.2K, indicating a relatively strong equity position.
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