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Valdymo koordinavimo centras Governance Coordination Centre

Municipality Owned Enterprises

UAB Alytaus butų ūkis, registered in 1997, is a company providing building administration and maintenance services. In addition to its core business, the Company carries out repairs of housing and public buildings, installation of internal network systems (water supply, sewerage, heating).

Financial results

P/L Statment

2019 2020 2021 2022
Revenue 1,642 1,843 2,077 2,476
Cost of goods sold 1,321 1,437 1,579 1,913
Gross profit (loss) 321 406 498 563
Gross profit margin 20% 22% 24% 23%
Operating expenses 328 407 449 521
Operating profit (loss) -7 -2 49 42
Operating profit margin -0% -0% 2% 2%
EBITDA 1 27 75 72
EBITDA margin 0% 1% 4% 3%
Net profit (loss) 2 18 54 46
Net profit margin 0% 1% 3% 2%

* Left axis

** Right axis

*** All data in Profit and Loss Statement table and corresponding chart is in EUR thousand, unless otherwise noted

Balance sheet

2019 2020 2021 2022
Non-current assets 117 145 157 132
Intangible assets 2 24 14 4
Tangible assets 115 121 143 129
Financial assets
Other non-current assets
Current assets 866 992 1,071 1,237
Inventories and prepaid expenses 19 26 30 44
Accounts receivable in one year 426 489 459 500
Other current assets
Cash and cash equivalents 420 477 582 693
Total assets 991 1,143 1,234 1,385
Equity 432 450 504 550
Grants and subsidies 0
Liabilities 559 693 730 834
Financial liabilities 0 0 0 0
Long-term liabilities
Short-term liabilities 559 693 730 834
Equity and liabilities 991 1,143 1,234 1,384

* All data in Balance Sheet table and corresponding chart is in EUR thousand, unless otherwise noted

Financial ratios

2019 2020 2021 2022
Capital return ratios
Return on assets (ROA) 0% 2% 5% 4%
Return on equity (ROE) 0% 4% 11% 9%
Return on capital employed (ROCE) -2% -0% 10% 8%
Capital structure and liquidity ratios
Debt / asset ratio (D/A) 0.00 0.00 0.00 0.00
Current Ratio 1.55 1.43 1.47 1.48
Quick ratio 1.51 1.39 1.43 1.43
Turnover ratios
Asset turnover 1.66 1.61 1.68 1.79
Fixed asset turnover 14.08 12.69 13.19 18.73
Equity turnover 3.80 4.10 4.12 4.50
Profitability ratios
EBITDA margin 0% 1% 4% 3%
Operating profit margin -0% -0% 2% 2%
Net profit margin 0% 1% 3% 2%
Other ratios
Dividends to the Municipality 0.00 0.00 0.00 0.00
Dividends paid / net profit 0.00 0.00 0.00 0.00

* Left axis

** Right axis

*** Dividends to the municipality in Financial Ratios table is in EUR thousand

Financial statments

2021 m. metinės ataskaitos
2020 m. metinės ataskaitos

Expectations of the municipal

Letter of Expectations

About the company

  • Official nameUAB „Alytaus butų ūkis“
  • Legal formPrivate limited liability company (UAB)
  • Company code149951417
  • SectorOther
  • Line of businessApartment management
  • Representing institutionAlytus city municipality
  • Share belonging to the Municipal100%
https://alytausbu.lt/
ROE

8.8%

Number of employees

69

Financial data provided as at end-December 2022

Management

  • Egidijus MensevičiusChief Executive Officer

Information as of: 4/30/2023