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Valdymo koordinavimo centras Governance Coordination Centre

Municipality Owned Enterprises

UAB „Grauduva“ was established on 4th of October, 1993. Company provides funeral services and sales funeral supply.

Financial results

P/L Statment

2019 2020 2021 2022
Revenue 717 892 1,137 1,127
Cost of goods sold 491 615 747 777
Gross profit (loss) 227 277 390 350
Gross profit margin 32% 31% 34% 31%
Operating expenses 136 160 171 186
Operating profit (loss) 65 86 184 119
Operating profit margin 9% 10% 16% 11%
EBITDA 81 106 208 151
EBITDA margin 11% 12% 18% 13%
Net profit (loss) 55 73 156 101
Net profit margin 8% 8% 14% 9%

* 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 232 236 333 469
Intangible assets 0 0
Tangible assets 232 236 333 469
Financial assets
Other non-current assets
Current assets 157 235 267 179
Inventories and prepaid expenses 12 12 14 15
Accounts receivable in one year 0 1 1 3
Other current assets
Cash and cash equivalents 145 222 252 161
Total assets 390 473 601 651
Equity 321 377 511 563
Grants and subsidies
Liabilities 70 96 90 87
Financial liabilities 0 0 0 0
Long-term liabilities
Short-term liabilities 70 96 90 87
Equity and liabilities 390 473 601 650

* 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) 15% 17% 29% 16%
Return on equity (ROE) 18% 21% 35% 19%
Return on capital employed (ROCE) 20% 23% 36% 21%
Capital structure and liquidity ratios
Debt / asset ratio (D/A) 0.00 0.00 0.00 0.00
Current Ratio 2.26 2.45 2.96 2.05
Quick ratio 2.09 2.33 2.80 1.88
Turnover ratios
Asset turnover 1.84 1.88 1.89 1.73
Fixed asset turnover 3.09 3.77 3.41 2.40
Equity turnover 2.24 2.37 2.22 2.00
Profitability ratios
EBITDA margin 11% 12% 18% 13%
Operating profit margin 9% 10% 16% 11%
Net profit margin 8% 8% 14% 9%
Other ratios
Dividends to the Municipality 0.00 0.00 34.64 34.64
Dividends paid / net profit 0.00 0.00 0.22 0.34

* 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 „Grauduva“
  • Legal formPrivate limited liability company (UAB)
  • Company code247737020
  • SectorOther
  • Line of businessFuneral services
  • Representing institutionPanevėžys city municipality
  • Share belonging to the Municipal70.4%
https://grauduva.lt/
Return to the Municipality

35 EUR thousand

ROE

18.8%

Number of employees

27

Financial data provided as at end-December 2022

Management

  • Aušra BertulienėChief Executive Officer

Information as of: 2023/04/30