Company overview
Basic information
Company name
Modernways, UAB
Company code
306198136
VAT code
LT100015694617
Registered address
Vilniaus r. sav., Riešės sen., Vanaginės k., Prašiškių g. 42, LT-14332
Registration date
2022-12-15
Company age: 3 y. 9 mo.
Contact information
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Phone
Email
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Website
https://modernways.lt
Company manager
For registered members only
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Indicators
Risk factors
Activity
Legal form
Private Limited Liability Company
NACE activity
Rental and operating of own or leased real estate
Ownership form
Private without foreign capital
UAB Modernways
Company code: 306198136
Address: Vilniaus r. sav., Riešės sen., Vanaginės k., Prašiškių g. 42, LT-14332
VAT code: LT100015694617
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Description
This description was generated by artificial intelligence.
Modernways, UAB is a private limited liability company registered in 2022 and operating in Vilnius, Vilniaus m. municipality, Vilniaus county. The company is classified as a private, nationally owned non-financial entity with private ownership, meaning Lithuanian natural and legal persons hold more than 50% of the authorised capital and there is no foreign investor capital. Governance is described as CEO only, and the company is a micro-sized business. Its registered activity under EVRK code M.68.20.00 is rental and operating of own or leased real estate. The company’s share capital is EUR 2.5K.
Financially, Modernways recorded revenue of EUR 44.3K in 2025, down sharply from EUR 694.1K in 2023. It posted a net loss of EUR 29.7K in 2025, after losses of EUR 47.2K in 2023 and EUR 23.6K in 2024. Equity remained negative and fell to EUR -98.0K by the end of 2025, while liabilities increased to EUR 1.29M and total assets reached EUR 1.19M. The company employed 1 person on average in 2023, 2024 and 2025, and so far in 2026 its average headcount has remained at 1. Average employee wage data is not provided.
Financially, Modernways recorded revenue of EUR 44.3K in 2025, down sharply from EUR 694.1K in 2023. It posted a net loss of EUR 29.7K in 2025, after losses of EUR 47.2K in 2023 and EUR 23.6K in 2024. Equity remained negative and fell to EUR -98.0K by the end of 2025, while liabilities increased to EUR 1.29M and total assets reached EUR 1.19M. The company employed 1 person on average in 2023, 2024 and 2025, and so far in 2026 its average headcount has remained at 1. Average employee wage data is not provided.