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Valdymo koordinavimo centras Governance Coordination Centre

Municipality Owned Enterprises

UAB Ignalinos autobusų parkas was registered in 2003. The main activity of the company is passenger transportation on local, long-distance routes and charter trips, as well as renting premises in the garage building and bus station. Heavy and light transport storage and rental services are provided.

Financial results

P/L Statment

2018 2019 2020 2021
Revenue 216 307 279 291
Cost of goods sold 94 218 266 210
Gross profit (loss) 122 89 14 80
Gross profit margin 56% 29% 5% 28%
Operating expenses 113 125 108 125
Operating profit (loss) 9 -36 -94 -45
Operating profit margin 4% -12% -34% -15%
EBITDA 46 -2 -33 -26
EBITDA margin 21% -1% -12% -9%
Net profit (loss) 9 -36 -94 -45
Net profit margin 4% -12% -34% -15%

* Left axis

** Right axis

*** All data in Profit and Loss Statement table and corresponding chart is in EUR thousand, unless otherwise noted

Balance sheet

2018 2019 2020 2021
Non-current assets 143 126 64 42
Intangible assets
Tangible assets 143 126 64 42
Financial assets
Other non-current assets
Current assets 91 76 91 75
Inventories and prepaid expenses 9 13 10 10
Accounts receivable in one year 18 18 15 26
Other current assets
Cash and cash equivalents 65 45 65 39
Total assets 237 204 157 120
Equity 196 160 66 21
Grants and subsidies
Liabilities 41 45 91 99
Financial liabilities
Long-term liabilities 26 49
Short-term liabilities 41 45 65 50
Equity and liabilities 237 204 157 120

* All data in Balance Sheet table and corresponding chart is in EUR thousand, unless otherwise noted

Financial ratios

2018 2019 2020 2021
Capital return ratios
Return on assets (ROA) 4% -16% -52% -33%
Return on equity (ROE) 5% -20% -83% -104%
Return on capital employed (ROCE) 9% -45% -206% -129%
Capital structure and liquidity ratios
Debt / asset ratio (D/A)
Current Ratio 2.24 1.69 1.39 1.50
Quick ratio 2.03 1.41 1.23 1.30
Turnover ratios
Asset turnover 0.93 1.39 1.55 2.10
Fixed asset turnover 1.42 2.28 2.94 5.51
Equity turnover 1.13 1.73 2.48 6.72
Profitability ratios
EBITDA margin 21% -1% -12% -9%
Operating profit margin 4% -12% -34% -15%
Net profit margin 4% -12% -34% -15%
Other ratios
Dividends to the Municipality
Dividends paid / net profit

* Left axis

** Right axis

*** Dividends to the municipality in Financial Ratios table is in EUR thousand

Financial statments

Expectations of the municipal

Letter of Expectations

About the company

  • Official nameUAB Ignalinos autobusų parkas
  • Legal formPrivate limited liability company (UAB)
  • Company code155475990
  • SectorPublic transport
  • Line of businessPublic transport
  • Representing institutionIgnalina district municipality
  • Share belonging to the Municipal100%
http://ignalinosautobusai.lt/
ROE

-104.0%

Number of employees

29

Financial data provided as at end-December 2021