Palangos maistas, UAB - company info and details

Company age: 3 y. 6 mo.

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Company overview

Company name Palangos maistas, UAB
Company code 306302332
VAT code LT100016188515
Registered address Vilnius, Jonažolių g. 19-52, LT-04140
Registration date 2023-04-19 Company age: 3 y. 6 mo.
Phone Phone
Email Not disclosed (personal)
Website None
Company manager For registered members only Log in
Revenue (2025) 2,071,675 € +761% History
Profit (2025) 54,785 € History
Share capital 2,500 €
Number of employees 62 History
Average salary 1229 € History
Managed vehicles 0
Employee turnover rate 42,6 % History
Current SODRA debt No debt Read more
Days of debt to SODRA per year 0 days
Current VMI debt No debt Read more
Financial statements All submitted
Legal form Private Limited Liability Company
NACE activity Restaurant activities
Ownership form Private without foreign capital
Public sales amount, last 12 mos. 139 € List

Description

This description was generated by artificial intelligence.
Palangos maistas, UAB (company code 306302332) is an operational private limited liability company registered on 19 April 2023. It is classified as a private, nationally owned non-financial company with private ownership in which Lithuanian natural and legal persons hold more than 50% of the authorised capital and no foreign investor capital is present. The company is governed by a CEO only and operates in the restaurant activities segment (EVRK I.56.11.00). Its registered address is Vilnius, Jonažoliu g. 19-52, LT-04140, in Vilnius municipality, Vilnius county. The authorised capital is EUR 2.5K.

Financially, the company expanded strongly in 2025, when revenue reached EUR 2.07M compared with EUR 240.5K in 2024. After a loss of EUR 100.8K in 2024, it reported net profit of EUR 54.8K in 2025, with a profit margin of 2.6%. The business still showed negative equity at the end of 2025, but total assets increased to EUR 218.3K and liabilities stood at EUR 253.5K. Staff levels also grew significantly: average employment rose from 11 in 2024 to 54 in 2025 and 64 so far in 2026. The average monthly wage increased from EUR 671.96 in 2024 to EUR 971.79 in 2025 and EUR 1,329.01 so far in 2026. Estimated annual payroll is EUR 1.02M.

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