Centre for applied research and development, VšĮ

Company age: 3 y. 2 mo.

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Company overview

Company name Centre for applied research and development, VšĮ
Company code 306384646
Registered address Kaunas, Ašigalio g. 57-24, LT-49226
Registration date 2023-08-21 Company age: 3 y. 2 mo.
Phone Phone
Email Not disclosed (personal)
Website None
Company manager For registered members only Log in
Revenue (2025) 31,211 € +136% History
Profit (2025) 6,397 € +163% History
Number of employees 1 History
Managed vehicles 0
Current SODRA debt 0 € Read more
Days of debt to SODRA per year 0 days
Current VMI debt No debt Read more
Financial statements All submitted
Legal form Public Institution
NACE activity Legal activities
Sector Namų ūkiams paslaugas teikiančios ne pelno institucijos
Ownership form Private without foreign capital
Beneficiary of support Yes, since 2024-01-31
NVO Non-governmental organization since 2025-11-27

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Description

This description was generated by artificial intelligence.
Centre for applied research and development, VšI (company code 306384646) is an operational public institution registered in 2023. It is classified as a private-ownership entity within the sector of non-profit institutions providing services to households, with governance recorded as CEO only. The company operates in Kaunas, Kauno m. sav., Kauno apskr., at Ašigalio g. 57-24, LT-49226. Its registered activity is N.69.10.00, Legal activities.

In financial year 2025, the company generated revenue of €31.2K and net profit of €6.4K, compared with revenue of €13.2K and net profit of €2.4K in 2024. Profit margin in 2025 was 20.5%. Equity stood at €33.3K, total assets at €37.7K, and liabilities at €4.4K. The company’s revenue increased year on year in 2025, and the latest reported return measures also indicate positive profitability. The business is small in scale, with 1 average employee in 2025 and 1 average employee so far in 2026.