• English
  • Lithuanian
Valdymo koordinavimo centras Governance Coordination Centre

Municipality Owned Enterprises

SĮ Biržų agrolaboratorija started its activities in 1991. The main activity of the company is to study the quality of wastewater treatment, surface wastewater and water for legal and natural persons. The company also performs measurements and research of emissions from pollution sources and pollutants in environmental elements.

Financial results

P/L Statment

2019 2020 2021 2022
Revenue 39 56 70 73
Cost of goods sold 27 39 35 50
Gross profit (loss) 12 17 35 23
Gross profit margin 32% 30% 50% 32%
Operating expenses 14 14
Operating profit (loss) -1 3 2 2
Operating profit margin -3% 5% 3% 3%
EBITDA -1 3 3 3
EBITDA margin -2% 6% 4% 4%
Net profit (loss) -1 3 2 2
Net profit margin -3% 4% 2% 3%

Balance sheet

2019 2020 2021 2022
Non-current assets 12 12 12 13
Intangible assets
Tangible assets 12 12 12 13
Financial assets
Other non-current assets
Current assets 21 24 26 25
Inventories and prepaid expenses 1 2 1 2
Accounts receivable in one year 1 1 1
Other current assets 7 7 7 7
Cash and cash equivalents 12 14 18 16
Total assets 33 36 38 39
Equity 31 31 31 31
Grants and subsidies
Liabilities 2 4 8 8
Financial liabilities 2 0 0 0
Long-term liabilities
Short-term liabilities 2 4 8 8
Equity and liabilities 33 36 38 39

Financial ratios

2019 2020 2021 2022
Capital return ratios
Return on assets (ROA) -3% 7% 4% 5%
Return on equity (ROE) -3% 8% 5% 6%
Return on capital employed (ROCE) -4% 8% 6% 7%
Capital structure and liquidity ratios
Debt / asset ratio (D/A) 0.06 0.00 0.00 0.00
Current Ratio 10.79 5.43 3.47 3.30
Quick ratio 10.05 5.09 3.28 3.08
Turnover ratios
Asset turnover 1.20 1.58 1.83 1.89
Fixed asset turnover 3.19 4.79 5.74 5.49
Equity turnover 1.27 1.80 2.27 2.35
Profitability ratios
EBITDA margin -2% 6% 4% 4%
Operating profit margin -3% 5% 3% 3%
Net profit margin -3% 4% 2% 3%
Other ratios
Dividends to the Municipality 2.20 2.10 0.00 0.00
Dividends paid / net profit -1.83 0.84 0.00 0.00

Expectations of the municipal

About the company

  • Official nameSĮ Biržų agrolaboratorija
  • Legal formMunicipality enterprise (SĮ)
  • Company code154724428
  • SectorOther
  • Line of businessSurface and wastewater studies
  • Representing institutionBiržai district municipality
  • Share belonging to the Municipal100%
https://birzuagrolaboratorija.lt/
ROE

6.3%

Number of employees

4

Financial data provided as at end-December 2022

Management

  • Rasa RukšienėChief Executive Officer

Information as of: 4/30/2023