Company overview
Basic information
Company name
VEL Auto, MB
Company code
306234237
VAT code
LT100015700017
Registered address
Vilnius, Ramybės g. 4-70, LT-02103
Registration date
2023-01-26
Company age: 3 y. 9 mo.
Contact information
Edit data
Phone
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Email
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Website
None
Indicators
Risk factors
Activity
Legal form
Small partnership
NACE activity
Wholesale of motor vehicles
Ownership form
Private without foreign capital
MB "VEL Auto"
Company code: 306234237
Address: Vilnius, Ramybės g. 4-70, LT-02103
VAT code: LT100015700017
Description
This description was generated by artificial intelligence.
VEL Auto, MB is an operational private small partnership registered on 26 January 2023 under company code 306234237. It is classified as a micro-sized entity in the national private non-financial companies sector, with private ownership where Lithuanian natural and legal persons own more than 50% of the authorised capital and no foreign investor capital is present. Governance is set up with a CEO only structure. The company is based in Vilnius, at Ramybes g. 4-70, LT-02103, in Vilniaus m. municipality and Vilniaus county. Its main activity is EVRK G.46.71.00, Wholesale of motor vehicles. Financially, the company expanded strongly in 2025, when revenue reached €262.0K, compared with €59.0K in 2024 and €54.0K in 2023. Net profit rose to €35.4K in 2025, and the profit margin improved to 13.5%. Total assets stood at €114.3K, equity at €42.7K and liabilities at €71.6K at year-end 2025. The latest financial indicators also show solid returns, including a return on equity of 83.1% and return on assets of 31.0%. Staff data is reported so far in 2026, but no employee or wage figures are provided in the available data.
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