ID Vilnius
The Vilnius city municipality-owned company “ID Vilnius” provides GIS (Geographic Information System) support and maintenance, city map digitization, drone-based inspections, and data management services. The company’s activities include not only the development and maintenance of advanced data analysis solutions but also the application of autonomous drone technologies for monitoring and maintaining urban infrastructure.
“ID Vilnius” aims to become the capital’s technology competence center, integrating digital solutions into city management. The company’s goal is to equip urban planners with smart technologies that enable data-driven decision-making, optimize urban processes, and ensure efficient city development.
Financial results
P/L Statment
| 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|
| Revenue | 5,081 | 6,458 | 8,155 | 8,059 |
| Cost of goods sold | 3,618 | 4,394 | 5,443 | 6,287 |
| Gross profit (loss) | 1,463 | 2,064 | 2,712 | 1,771 |
| Gross profit margin | 29% | 32% | 33% | 22% |
| Operating expenses | 920 | 1,320 | 1,636 | 2,018 |
| Operating profit (loss) | 501 | 730 | 1,059 | -297 |
| Operating profit margin | 10% | 11% | 13% | -4% |
| EBITDA | 604 | 792 | 1,137 | -207 |
| EBITDA margin | 12% | 12% | 14% | -3% |
| Net profit (loss) | 419 | 590 | 866 | -287 |
| Net profit margin | 8% | 9% | 11% | -4% |
Balance sheet
| 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|
| Non-current assets | 176 | 167 | 199 | 175 |
| Intangible assets | 130 | 86 | 76 | 48 |
| Tangible assets | 46 | 29 | 72 | 76 |
| Financial assets | 49 | 49 | 49 | |
| Other non-current assets | 3 | 1 | 1 | |
| Current assets | 2,098 | 2,860 | 3,801 | 3,190 |
| Inventories and prepaid expenses | 35 | 1 | 16 | 18 |
| Accounts receivable in one year | 1,154 | 705 | 380 | 922 |
| Other current assets | ||||
| Cash and cash equivalents | 908 | 2,155 | 3,406 | 2,250 |
| Total assets | 2,950 | 3,285 | 4,568 | 3,745 |
| Equity | 1,471 | 1,899 | 2,861 | 1,574 |
| Grants and subsidies | 0 | 447 | ||
| Liabilities | 1,479 | 1,350 | 1,661 | 1,575 |
| Financial liabilities | 0 | 0 | 0 | 0 |
| Long-term liabilities | 42 | |||
| Short-term liabilities | 1,437 | 1,350 | 1,661 | 1,575 |
| Equity and liabilities | 2,950 | 3,285 | 4,568 | 3,745 |
Financial ratios
| 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|
| Capital return ratios | ||||
| Return on assets (ROA) | 16% | 19% | 22% | -7% |
| Return on equity (ROE) | 33% | 35% | 36% | -13% |
| Return on capital employed (ROCE) | 33% | 38% | 37% | -19% |
| Capital structure and liquidity ratios | ||||
| Debt / asset ratio (D/A) | 0.00 | 0.00 | 0.00 | 0.00 |
| Current Ratio | 1.46 | 2.12 | 2.29 | 2.03 |
| Quick ratio | 1.44 | 2.12 | 2.28 | 2.01 |
| Turnover ratios | ||||
| Asset turnover | 1.72 | 1.97 | 1.79 | 2.15 |
| Fixed asset turnover | 28.88 | 38.67 | 40.92 | 46.08 |
| Equity turnover | 3.45 | 3.40 | 2.85 | 5.12 |
| Profitability ratios | ||||
| EBITDA margin | 12% | 12% | 14% | -3% |
| Operating profit margin | 10% | 11% | 13% | -4% |
| Net profit margin | 8% | 9% | 11% | -4% |
| Other ratios | ||||
| Dividends to the Municipality | 0.00 | 0.00 | 1,000.00 | 0.00 |
| Dividends paid / net profit | 0.00 | 0.00 | 1.16 | 0.00 |
Expectations of the municipal
About the company
- Official nameUAB „ID Vilnius“
- Legal formPrivate limited liability company (UAB)
- Company code123615345
- SectorOther
- Line of businessData management, digitization
- Representing institutionVilnius city municipality
- Share belonging to the Municipal100%
- Contacts https://idvilnius.lt/
ROE
-13.0%
Number of employees
89
Financial data provided as at end-December 2023
Management
- L.e.p. Paulius SamoškaActing Chief Executive Officer
Information as of: 2025/01/14
