Birštono sanatorija Versmė

AB Birštonas sanatorium “Versmė” was registered in 1995, when reorganizing Birštonas inter-collective sanatorium “Versmė”. The company is a specialized treatment and recreation institution that seeks to rehabilitate patients with impaired biopsychosocial functions or maintain the achieved level of functional capacity through medical rehabilitation measures.
Financial results
P/L Statment
2018 | 2019 | 2020 | 2021 | |
---|---|---|---|---|
Revenue | 3,162 | 2,927 | 3,802 | 3,791 |
Cost of goods sold | 2,541 | 2,821 | 2,619 | 3,145 |
Gross profit (loss) | 622 | 106 | 1,182 | 646 |
Gross profit margin | 20% | 4% | 31% | 17% |
Operating expenses | 451 | 612 | 1,278 | 624 |
Operating profit (loss) | 171 | -506 | -96 | 22 |
Operating profit margin | 5% | -17% | -3% | 1% |
EBITDA | 477 | -205 | 212 | 444 |
EBITDA margin | 15% | -7% | 6% | 12% |
Net profit (loss) | 204 | -474 | -134 | 11 |
Net profit margin | 6% | -16% | -4% | 0% |
Balance sheet
2018 | 2019 | 2020 | 2021 | |
---|---|---|---|---|
Non-current assets | 4,455 | 6,443 | 7,287 | 7,634 |
Intangible assets | 2 | 3 | 3 | 2 |
Tangible assets | 4,453 | 6,441 | 7,284 | 7,632 |
Financial assets | ||||
Other non-current assets | ||||
Current assets | 2,931 | 2,609 | 3,426 | 1,935 |
Inventories and prepaid expenses | 15 | 69 | 55 | 26 |
Accounts receivable in one year | 290 | 327 | 323 | 316 |
Other current assets | 2,100 | 500 | ||
Cash and cash equivalents | 526 | 2,212 | 2,549 | 1,594 |
Total assets | 7,390 | 9,055 | 10,716 | 9,577 |
Equity | 7,080 | 6,607 | 6,472 | 6,483 |
Grants and subsidies | ||||
Liabilities | 308 | 2,446 | 4,242 | 3,091 |
Financial liabilities | 2,049 | 3,159 | 2,561 | |
Long-term liabilities | 2,009 | 2,902 | 1,963 | |
Short-term liabilities | 308 | 438 | 1,341 | 1,128 |
Equity and liabilities | 7,390 | 9,055 | 10,716 | 9,577 |
Financial ratios
2018 | 2019 | 2020 | 2021 | |
---|---|---|---|---|
Capital return ratios | ||||
Return on assets (ROA) | 3% | -6% | -1% | 0% |
Return on equity (ROE) | 3% | -7% | -2% | 0% |
Return on capital employed (ROCE) | 6% | -11% | -1% | 2% |
Capital structure and liquidity ratios | ||||
Debt / asset ratio (D/A) | 0.31 | 0.49 | 0.40 | |
Current Ratio | 9.53 | 5.96 | 2.56 | 1.71 |
Quick ratio | 9.48 | 5.80 | 2.52 | 1.69 |
Turnover ratios | ||||
Asset turnover | 0.43 | 0.36 | 0.38 | 0.37 |
Fixed asset turnover | 0.72 | 0.54 | 0.55 | 0.51 |
Equity turnover | 0.45 | 0.43 | 0.58 | 0.59 |
Profitability ratios | ||||
EBITDA margin | 15% | -7% | 6% | 12% |
Operating profit margin | 5% | -17% | -3% | 1% |
Net profit margin | 6% | -16% | -4% | 0% |
Other ratios | ||||
Dividends to the Municipality | 167.00 | |||
Dividends paid / net profit | 14.78 |
Financial statments
Expectations of the municipal
About the company
- Official nameAB Birštono sanatorija „Versmė“
- Legal formPublic limited liability company (AB)
- Company code152814478
- SectorOther
- Line of businessHealth care, treatment and recreation services
- Representing institutionBirštonas municipality
- Share belonging to the Municipal83.52%
ROE
0.2%
Number of employees
204
Financial data provided as at end-December 2021