Company overview
Basic information
Company name
Povilo baldai, MB
Company code
306686356
VAT code
LT100016675111
Registered address
Palanga, L. Vaineikio g. 11, LT-00132
Registration date
2024-02-21
Company age: 2 y. 8 mo.
Contact information
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Phone
Presented as an image – cannot be copied
Presented as an image – cannot be copied
Email
Not disclosed
(personal)
Website
https://www.povilobaldai.com
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 "Povilo baldai"
Company code: 306686356
Address: Palanga, L. Vaineikio g. 11, LT-00132
VAT code: LT100016675111
Description
This description was generated by artificial intelligence.
Povilo baldai, MB (company code 306686356) is an operational private small partnership registered in 2024. It is a micro-sized entity in 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. The company is governed by a CEO only. Its activity is classified under EVRK code C.31.00.00, Manufacture of furniture. The registered address is Palanga, L. Vaineikio g. 11, LT-00132, in Palangos m. sav., Klaipedos apskr. Financially, the company reported revenue of EUR 33.1 thousand in 2025, slightly below EUR 33.6 thousand in 2024, which indicates a mild year-on-year decline. Net profit improved significantly, narrowing from a loss of EUR 9.7 thousand in 2024 to a loss of EUR 345 in 2025. The 2025 profit margin was -1.0%, compared with -28.9% a year earlier. The company remained in a loss position, but its operating result was much closer to break-even in the latest financial year.
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