Company overview
Basic information
Company name
Grg baldai, MB
Company code
306635924
VAT code
LT100018971916
Registered address
Gargždai, Turgaus g. 28-25, LT-96129
Registration date
2023-11-29
Company age: 2 y. 11 mo.
Contact information
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Phone
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Email
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Website
https://grgbaldai.lt
Company manager
For registered members only
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Indicators
Risk factors
Activity
Legal form
Small partnership
NACE activity
Manufacture of furniture
Ownership form
Private without foreign capital
MB Grg baldai
Company code: 306635924
Address: Gargždai, Turgaus g. 28-25, LT-96129
VAT code: LT100018971916
Description
This description was generated by artificial intelligence.
Grg baldai, MB (company code 306635924) is an operational private small partnership registered in 2023. It belongs to the sector of national private non-financial companies and is privately owned, with more than 50% of authorised capital held by Lithuanian natural and legal persons and no foreign investor capital. Governance is listed as CEO only, and the company is classified as micro-sized. Its registered address is in Gargždai, Turgaus g. 28-25, LT-96129, Klaipeda district municipality, Klaipeda County. The company’s activity is EVRK C.31.00.00 – Manufacture of furniture.
Financially, the company reported revenue of €46.9K in 2025, up 75.1% year on year. Net profit for 2025 was €3.7K, with a profit margin of 8.0%. This followed a loss of €12.0K in 2024, when revenue was €26.8K and the profit margin was negative. In 2023, the company recorded a small loss during its initial reporting period. The latest balance-sheet figures show liabilities of €14.2K and total assets of €5.3K in 2025, with equity remaining negative.
Financially, the company reported revenue of €46.9K in 2025, up 75.1% year on year. Net profit for 2025 was €3.7K, with a profit margin of 8.0%. This followed a loss of €12.0K in 2024, when revenue was €26.8K and the profit margin was negative. In 2023, the company recorded a small loss during its initial reporting period. The latest balance-sheet figures show liabilities of €14.2K and total assets of €5.3K in 2025, with equity remaining negative.
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