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Valdymo koordinavimo centras Governance Coordination Centre

Municipality Owned Enterprises

UAB „Jonavos paslaugos“ was established after the reorganization of special purpose UAB „Jonavos komunalinės paslaugos“ and UAB „Jonavos butų ūkis“ and is the successor in title to those holdings. The company was registered in 1999, whose main activities are city maintenance and management works, administration of the municipal waste management system and waste management services.

Financial results

P/L Statment

2018 2019 2020 2021
Revenue 5,364 5,427 6,120 6,674
Cost of goods sold 4,631 4,700 5,017 5,552
Gross profit (loss) 733 726 1,103 1,122
Gross profit margin 14% 13% 18% 17%
Operating expenses 548 618 706 726
Operating profit (loss) 185 108 396 397
Operating profit margin 3% 2% 6% 6%
EBITDA 492 507 735 738
EBITDA margin 9% 9% 12% 11%
Net profit (loss) 176 166 353 417
Net profit margin 3% 3% 6% 6%

Balance sheet

2018 2019 2020 2021
Non-current assets 1,237 1,348 1,857 2,530
Intangible assets 20 8 8 18
Tangible assets 1,205 1,327 1,835 2,484
Financial assets
Other non-current assets 12 13 14 29
Current assets 3,198 3,553 3,616 3,557
Inventories and prepaid expenses 203 197 246 153
Accounts receivable in one year 1,001 950 955 1,049
Other current assets
Cash and cash equivalents 1,994 2,406 2,416 2,355
Total assets 4,441 4,908 5,481 6,095
Equity 1,687 1,853 2,207 2,662
Grants and subsidies 19 9
Liabilities 2,735 3,046 3,274 3,433
Financial liabilities 256 574
Long-term liabilities 1 205 416
Short-term liabilities 2,734 3,046 3,069 3,017
Equity and liabilities 4,441 4,908 5,481 6,095

Financial ratios

2018 2019 2020 2021
Capital return ratios
Return on assets (ROA) 4% 4% 7% 7%
Return on equity (ROE) 11% 9% 17% 17%
Return on capital employed (ROCE) 22% 16% 33% 30%
Capital structure and liquidity ratios
Debt / asset ratio (D/A) 0.12 0.22
Current Ratio 1.17 1.17 1.18 1.18
Quick ratio 1.10 1.10 1.10 1.13
Turnover ratios
Asset turnover 1.29 1.16 1.18 1.15
Fixed asset turnover 4.45 4.20 3.82 3.04
Equity turnover 3.35 3.07 3.01 2.74
Profitability ratios
EBITDA margin 9% 9% 12% 11%
Operating profit margin 3% 2% 6% 6%
Net profit margin 3% 3% 6% 6%
Other ratios
Dividends to the Municipality 200.00
Dividends paid / net profit 0.48

Expectations of the municipal

About the company

  • Official nameUAB „Jonavos paslaugos“
  • Legal formPrivate limited liability company (UAB)
  • Company code156916523
  • SectorOther
  • Line of businessApartment management
  • Representing institutionJonava district municipality
  • Share belonging to the Municipal100%
https://www.jonavospaslaugos.lt/
ROE

17.1%

Number of employees

310

Financial data provided as at end-December 2021