Company overview
Basic information
Company name
Renoveitas, MB
Company code
306646276
VAT code
LT100020725618
Registered address
Kaunas, Vinių g. 15-3, LT-45275
Registration date
2023-12-19
Company age: 2 y. 10 mo.
Contact information
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Phone
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Email
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Website
None
Indicators
Risk factors
Activity
Legal form
Small partnership
NACE activity
Installation of electrical wiring and fittings in buildings
Ownership form
Private without foreign capital
MB "Renoveitas"
Company code: 306646276
Address: Kaunas, Vinių g. 15-3, LT-45275
VAT code: LT100020725618
Description
This description was generated by artificial intelligence.
Renoveitas, MB (company code 306646276) is an operational private small partnership registered in 2023. It belongs to the sector of national private non-financial companies and is classified as a micro company. The ownership form is private ownership, where Lithuanian natural and legal persons hold more than 50% of the authorised capital and there is no foreign investor capital. Governance is recorded as other. The company is based in Kaunas, at Viniu g. 15-3, LT-45275, in Kauno m. municipality, Kauno county. Its main activity is coded F.43.21.10 and described as installation of electrical wiring and fittings in buildings and constructions.
Financially, the company reported revenue of EUR 23.2K in 2025, down from EUR 38.2K in 2024, indicating a year-on-year decline in turnover. Despite the lower revenue, net profit improved to EUR 6.6K in 2025 from a loss of EUR 3.5K in 2024. Profit margin reached 28.6% in 2025. At the end of 2025, equity stood at EUR 3.3K, liabilities at EUR 596, and total assets at EUR 3.9K. The latest available financial indicators also show a strong equity ratio and moderate leverage relative to equity.
Financially, the company reported revenue of EUR 23.2K in 2025, down from EUR 38.2K in 2024, indicating a year-on-year decline in turnover. Despite the lower revenue, net profit improved to EUR 6.6K in 2025 from a loss of EUR 3.5K in 2024. Profit margin reached 28.6% in 2025. At the end of 2025, equity stood at EUR 3.3K, liabilities at EUR 596, and total assets at EUR 3.9K. The latest available financial indicators also show a strong equity ratio and moderate leverage relative to equity.
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