Grinda
UAB “Grinda”was registered on December 28, 1990. The main activities of the company are repair and maintenance of street and yard pavement, localization and elimination of emergency situations, maintenance and operation of rainwater networks. It also performs the functions of the central dispatching office and the emergency service of internal networks.
Financial results
P/L Statment
| 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|
| Revenue | 25,063 | 22,196 | 23,460 | 31,566 |
| Cost of goods sold | 22,210 | 19,979 | 20,228 | 27,076 |
| Gross profit (loss) | 2,852 | 2,217 | 3,231 | 4,491 |
| Gross profit margin | 11% | 10% | 14% | 14% |
| Operating expenses | 1,704 | 1,436 | 1,904 | 4,158 |
| Operating profit (loss) | 1,148 | 781 | 1,327 | 333 |
| Operating profit margin | 5% | 4% | 6% | 1% |
| EBITDA | 3,503 | 3,428 | 3,207 | 2,281 |
| EBITDA margin | 14% | 15% | 14% | 7% |
| Net profit (loss) | 918 | 558 | 1,056 | 503 |
| Net profit margin | 4% | 3% | 5% | 2% |
Balance sheet
| 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|
| Non-current assets | 34,538 | 37,353 | 53,765 | 60,767 |
| Intangible assets | 29 | 31 | 390 | 454 |
| Tangible assets | 34,417 | 37,235 | 53,293 | 60,289 |
| Financial assets | 59 | 60 | 60 | 0 |
| Other non-current assets | 33 | 26 | 22 | 25 |
| Current assets | 21,762 | 26,046 | 22,285 | 14,440 |
| Inventories and prepaid expenses | 330 | 294 | 557 | 867 |
| Accounts receivable in one year | 7,104 | 7,247 | 7,701 | 4,757 |
| Other current assets | 0 | 5,000 | ||
| Cash and cash equivalents | 14,328 | 18,505 | 14,027 | 3,816 |
| Total assets | 56,327 | 63,436 | 76,217 | 75,302 |
| Equity | 27,017 | 27,425 | 28,301 | 28,605 |
| Grants and subsidies | 21,083 | 27,848 | 38,265 | 38,073 |
| Liabilities | 8,045 | 7,609 | 9,441 | 8,494 |
| Financial liabilities | 4,206 | 3,720 | 3,023 | 1,958 |
| Long-term liabilities | 3,264 | 2,664 | 1,958 | 1,004 |
| Short-term liabilities | 4,781 | 4,945 | 7,483 | 7,490 |
| Equity and liabilities | 56,327 | 63,436 | 76,217 | 75,302 |
Financial ratios
| 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|
| Capital return ratios | ||||
| Return on assets (ROA) | 2% | 1% | 2% | 1% |
| Return on equity (ROE) | 3% | 2% | 4% | 2% |
| Return on capital employed (ROCE) | 4% | 3% | 4% | 1% |
| Capital structure and liquidity ratios | ||||
| Debt / asset ratio (D/A) | 0.07 | 0.06 | 0.04 | 0.03 |
| Current Ratio | 4.55 | 5.27 | 2.98 | 1.93 |
| Quick ratio | 4.48 | 5.21 | 2.90 | 1.81 |
| Turnover ratios | ||||
| Asset turnover | 0.44 | 0.35 | 0.31 | 0.42 |
| Fixed asset turnover | 0.73 | 0.59 | 0.44 | 0.52 |
| Equity turnover | 0.93 | 0.81 | 0.83 | 1.10 |
| Profitability ratios | ||||
| EBITDA margin | 14% | 15% | 14% | 7% |
| Operating profit margin | 5% | 4% | 6% | 1% |
| Net profit margin | 4% | 3% | 5% | 2% |
| Other ratios | ||||
| Dividends to the Municipality | 150.00 | 180.00 | 200.00 | 0.00 |
| Dividends paid / net profit | 0.16 | 0.32 | 0.19 | 0.00 |
Expectations of the municipal
About the company
- Official nameUAB „Grinda“
- Legal formPrivate limited liability company (UAB)
- Company code120153047
- SectorOther
- Line of businessConstruction and architecture, construction and maintenance of streets, roads, control of stray animals, maintenance of city beaches
- Representing institutionVilnius city municipality
- Share indirectly belonging to the Municipal0%
ROE
1.8%
Number of employees
562
Financial data provided as at end-December 2023
Management
- Jonas DavidavičiusChief Executive Officer
Information as of: 2024/04/30
