Company overview
Basic information
Company name
Krepšinio klubas "Velžys"
Company code
306440408
Registered address
Panevėžio r. sav., Velžio sen., Velžio k., Nevėžio g. 54-1, LT-38128
Registration date
2023-09-22
Company age: 3 y. 1 mo.
Contact information
Edit data
Phone
Presented as an image – cannot be copied
Presented as an image – cannot be copied
Email
Presented as an image – cannot be copied
Presented as an image – cannot be copied
Website
https://kkvelzys.lt
Indicators
Risk factors
Activity
Legal form
Association
NACE activity
Activities of sports clubs
Sector
Namų ūkiams paslaugas teikiančios ne pelno institucijos
Ownership form
Private without foreign capital
Beneficiary of support
Yes, since 2023-10-09
NVO
Non-governmental organization since 2024-11-22
Krepšinio klubas "Velžys"
Company code: 306440408
Address: Panevėžio r. sav., Velžio sen., Velžio k., Nevėžio g. 54-1, LT-38128
Description
This description was generated by artificial intelligence.
Krepšinio klubas "Velžys" (company code 306440408) is an operational association registered on 2023-09-22. It is classified as a public entity within the sector of non-profit institutions providing services to households, with private ownership and governance described as CEO only. The company is a micro-sized organisation and operates in Panevežio county, Panevežio district municipality, at Nevežio g. 54-1, Velžio k., Velžio sen., LT-38128. Its main activity is S.93.12.00, Activities of sports clubs.
Financially, the organisation has shown steady revenue growth in its first reporting years. Revenue was €3.8K for a 100-day period in 2023, increased to €9.1K in 2024, and reached €14.2K in 2025. The latest financial year therefore shows continued expansion compared with both prior periods, with revenue growth of 54.9% year on year and 274.5% over two years. Total assets were €2.8K in 2025, after €3.2K in 2024 and €2.0K in 2023. The latest asset turnover ratio was 5.12x. Staff information is reported for 2026 so far, but no average employee or wage figures are provided in the dataset.
Financially, the organisation has shown steady revenue growth in its first reporting years. Revenue was €3.8K for a 100-day period in 2023, increased to €9.1K in 2024, and reached €14.2K in 2025. The latest financial year therefore shows continued expansion compared with both prior periods, with revenue growth of 54.9% year on year and 274.5% over two years. Total assets were €2.8K in 2025, after €3.2K in 2024 and €2.0K in 2023. The latest asset turnover ratio was 5.12x. Staff information is reported for 2026 so far, but no average employee or wage figures are provided in the dataset.
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