Luštica Bay Electricity Company
"LUŠTICA BAY ELECTRICITY COMPANY" D.O.O. TIVAT
Luštica Bay Electricity Company is a registered company in Montenegro. For 2025, BizStats shows total revenue of 1,018,391€, profit of 113,897€, and 4 employees. PIB is 03223108; municipality Tivat; activity Prenos električne energije. Source: official public registries and financial filings.
- PIB
- 03223108
- Activity
- 3513 · Prenos električne energije
- Municipality
- Tivat
- Official filing
- 2025 · PDF ↗
Buy for €5 · Financial, risk and procurement dossier
Market position
Growth
Revenue CAGR
+39.5%
Employee CAGR
+21.9%
Compound annual growth, 2020–2025
Efficiency
Income/Employee254.6k€Sector median: 35.2k€
Profit margin11.2%Sector median: 3.3%
Avg gross pay*3.7k€
Salaries
2025Avg gross pay*
3,709€
Est. net pay
2,830€
Sector median1,241€+199%
Municipality median1,116€+232%
Gross pay; medians cover companies with at least 5 employees.
Salary rankings:Tivat · plate
Performance
Export CSVTotal revenue (2025)1.02m€40.5% vs PY
Profit (2025)113,897€-1500.3% vs PY
Employees (2025)40.0% vs PY
Avg gross pay (2025)3,709€13.0% vs PY
Profit margin (2025)11.2%Profit / total revenue
2018
- Total Income
- 0€
- Profit
- -815€
- Employees
- 1
- Avg gross pay*
- N/A
- Est. net pay
- N/A
- Income/Employee
- N/A
2019
- Total Income
- 0€
- Profit
- -75,974€
- Employees
- 2
- Avg gross pay*
- 845€
- Est. net pay
- 742€
- Income/Employee
- N/A
2020
- Total Income
- 192,469€
- Profit
- -114,283€
- Employees
- 2
- Avg gross pay*
- 2,014€
- Est. net pay
- 1,600€
- Income/Employee
- 96,235€
2021
- Total Income
- 648,285€
- Profit
- 207,933€
- Employees
- 3
- Avg gross pay*
- 1,619€
- Est. net pay
- 1,314€
- Income/Employee
- 216,095€
2022
- Total Income
- 542,939€
- Profit
- -455,213€
- Employees
- 3
- Avg gross pay*
- 1,613€
- Est. net pay
- 1,309€
- Income/Employee
- 180,980€
2023
- Total Income
- 1,083,869€
- Profit
- 476,748€
- Employees
- 4
- Avg gross pay*
- 2,118€
- Est. net pay
- 1,676€
- Income/Employee
- 270,967€
2024
- Total Income
- 724,792€
- Profit
- -8,134€
- Employees
- 4
- Avg gross pay*
- 3,283€
- Est. net pay
- 2,521€
- Income/Employee
- 181,198€
2025
- Total Income
- 1,018,391€
- Profit
- 113,897€
- Employees
- 4
- Avg gross pay*
- 3,709€
- Est. net pay
- 2,830€
- Income/Employee
- 254,598€
* Avg gross pay is an estimate calculated from financial-statement personnel-cost figures; source inaccuracies and non-salary personal expenses can make it vary significantly.
Estimated net pay applies current Montenegro employee payroll deductions to the avg gross pay value: employee PIO 10%, unemployment 0.5%, progressive PIT, and local surtax using the company municipality as a proxy for employee domicile.
BizStats Stability Rating
Timeline
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Source and methodology: Public financial filings, CRPS, CBCG, and eKatastar where available. Revenue, profit, employees, and payroll costs come from public financial filings; average gross pay and revenue per employee are derived metrics. Rankings are calculated by total revenue for the latest visible year.
Latest filing year: 2025 · Updated: 2026-06-12 · Open IRMS PDF