Valdymo koordinavimo centras Governance Coordination Centre

Municipality Owned Enterprises

UAB “Gedmina” was registered on March 9, 1998. The main activity is the provision of ritual services to the residents of Šilalė and Šilalė district.

Financial results

P/L Statment

2022 2023 2024 2025
Revenue 261 256 254 284
Cost of goods sold 213 229 228 238
Gross profit (loss) 47 28 26 47
Gross profit margin 18% 11% 10% 16%
Operating expenses 40 47 53 54
Operating profit (loss) 7 -20 -29 -8
Operating profit margin 3% -8% -11% -3%
EBITDA 18 -9 -18 2
EBITDA margin 7% -4% -7% 1%
Net profit (loss) 6 -20 -29 -8
Net profit margin 2% -8% -11% -3%

Balance sheet

2022 2023 2024 2025
Non-current assets 165 172 162 151
Intangible assets
Tangible assets 165 172 162 151
Financial assets
Other non-current assets
Current assets 106 83 65 62
Inventories and prepaid expenses 21 22 22 25
Accounts receivable in one year 4 2 2 0
Other current assets
Cash and cash equivalents 81 59 41 38
Total assets 271 256 228 214
Equity 236 216 187 179
Grants and subsidies 7 6 0
Liabilities 35 33 34 35
Financial liabilities 0 0 0 0
Long-term liabilities
Short-term liabilities 35 33 34 35
Equity and liabilities 271 256 228 214

Financial ratios

2022 2023 2024 2025
Capital return ratios
Return on assets (ROA) 2% -8% -12% -4%
Return on equity (ROE) 2% -9% -14% -5%
Return on capital employed (ROCE) 3% -9% -15% -5%
Capital structure and liquidity ratios
Debt / asset ratio (D/A) 0.00 0.00 0.00 0.00
Current Ratio 3.04 2.50 1.89 1.78
Quick ratio 2.44 1.83 1.25 1.07
Turnover ratios
Asset turnover 0.96 1.00 1.11 1.33
Fixed asset turnover 1.58 1.49 1.56 1.88
Equity turnover 1.10 1.19 1.36 1.59
Profitability ratios
EBITDA margin 7% -4% -7% 1%
Operating profit margin 3% -8% -11% -3%
Net profit margin 2% -8% -11% -3%
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

Expectations of the municipal

About the company

  • Official nameUAB „Gedmina“
  • Legal formPrivate limited liability company (UAB)
  • Company code176633027
  • SectorOther
  • Line of businessFuneral services
  • Representing institutionŠilalė district municipality
  • Share belonging to the Municipal100%
  • Contacts https://gedmina.lt/
ROE

-4.5%

Number of employees

9

Financial data provided as at end-December 2024

Management

  • Donatas GrigalisChief Executive Officer

Information as of: 2026-06-01