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Valdymo koordinavimo centras Governance Coordination Centre

Municipality Owned Enterprises

UAB Druskininkų butų ūkis was registered in 1990. The company is certified to administer, maintain (operate) and carry out construction works of multi-apartment buildings. The main activity of the company is administration, maintenance (operation), repair of the common use facilities of multi-apartment buildings.

Financial results

P/L Statment

2019 2020 2021 2022
Revenue 981 975 1,092 1,269
Cost of goods sold 853 793 919 1,022
Gross profit (loss) 128 182 173 248
Gross profit margin 13% 19% 16% 20%
Operating expenses 121 173 159 218
Operating profit (loss) 8 9 14 29
Operating profit margin 1% 1% 1% 2%
EBITDA 27 62 32 52
EBITDA margin 3% 6% 3% 4%
Net profit (loss) 8 34 13 18
Net profit margin 1% 4% 1% 1%

* Left axis

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*** 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 72 57 59 74
Intangible assets 2 18 10 3
Tangible assets 67 36 49 71
Financial assets 3 3
Other non-current assets
Current assets 1,026 1,042 1,171 1,221
Inventories and prepaid expenses 40 39 43 61
Accounts receivable in one year 334 352 317 325
Other current assets 15 15 15 15
Cash and cash equivalents 637 637 797 820
Total assets 1,098 1,099 1,230 1,295
Equity 435 469 482 500
Grants and subsidies
Liabilities 663 630 749 794
Financial liabilities 0 0 0 0
Long-term liabilities 258 283 316 329
Short-term liabilities 405 347 433 466
Equity and liabilities 1,098 1,099 1,230 1,295

* 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) 1% 3% 1% 1%
Return on equity (ROE) 2% 8% 3% 4%
Return on capital employed (ROCE) 1% 1% 2% 4%
Capital structure and liquidity ratios
Debt / asset ratio (D/A) 0.00 0.00 0.00 0.00
Current Ratio 2.53 3.00 2.71 2.62
Quick ratio 2.43 2.89 2.61 2.49
Turnover ratios
Asset turnover 0.89 0.89 0.89 0.98
Fixed asset turnover 13.67 16.98 18.55 17.24
Equity turnover 2.26 2.08 2.27 2.54
Profitability ratios
EBITDA margin 3% 6% 3% 4%
Operating profit margin 1% 1% 1% 2%
Net profit margin 1% 4% 1% 1%
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

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*** 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 „Druskininkų butų ūkis“
  • Legal formPrivate limited liability company (UAB)
  • Company code152007157
  • SectorOther
  • Line of businessApartment management
  • Representing institutionDruskininkai municipality
  • Share belonging to the Municipal100%
https://dbukis.lt/
ROE

3.7%

Number of employees

44

Financial data provided as at end-December 2022

Management

  • Vladzė PrunskienėChief Executive Officer

Information as of: 4/30/2023