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Valdymo koordinavimo centras Governance Coordination Centre

Municipality Owned Enterprises

UAB „Joniškio autobusų parkas“ was established on December 30, 1990. The main activity of the company is passenger transportation on local and long-distance routes and charter trips.

Financial results

P/L Statment

2018 2019 2020 2021
Revenue 573 625 357 397
Cost of goods sold 322 319 44 32
Gross profit (loss) 250 307 312 365
Gross profit margin 44% 49% 88% 92%
Operating expenses 239 285 310 384
Operating profit (loss) 12 21 2 -19
Operating profit margin 2% 3% 1% -5%
EBITDA 111 177 123 108
EBITDA margin 19% 28% 35% 27%
Net profit (loss) 1 50 -6 -24
Net profit margin 0% 8% -2% -6%

Balance sheet

2018 2019 2020 2021
Non-current assets 908 827 724 836
Intangible assets 8 5 3 1
Tangible assets 901 821 721 835
Financial assets
Other non-current assets
Current assets 152 135 115 150
Inventories and prepaid expenses 33 38 41 52
Accounts receivable in one year 90 60 69 60
Other current assets
Cash and cash equivalents 30 37 5 38
Total assets 1,070 972 842 989
Equity 176 228 222 198
Grants and subsidies
Liabilities 894 743 620 790
Financial liabilities 610 439 342 388
Long-term liabilities 439 283 193 225
Short-term liabilities 455 461 427 566
Equity and liabilities 1,070 972 842 989

Financial ratios

2018 2019 2020 2021
Capital return ratios
Return on assets (ROA) 0% 5% -1% -3%
Return on equity (ROE) 1% 25% -3% -11%
Return on capital employed (ROCE) 7% 31% 3% -5%
Capital structure and liquidity ratios
Debt / asset ratio (D/A) 3.47 1.92 1.54 1.96
Current Ratio 0.34 0.29 0.27 0.26
Quick ratio 0.26 0.21 0.17 0.17
Turnover ratios
Asset turnover 0.63 0.61 0.39 0.43
Fixed asset turnover 0.75 0.72 0.46 0.51
Equity turnover 3.27 3.09 1.58 1.89
Profitability ratios
EBITDA margin 19% 28% 35% 27%
Operating profit margin 2% 3% 1% -5%
Net profit margin 0% 8% -2% -6%
Other ratios
Dividends to the Municipality
Dividends paid / net profit

Financial statments

Expectations of the municipal

About the company

  • Official nameUAB „Joniškio autobusų parkas“
  • Legal formPrivate limited liability company (UAB)
  • Company code157536164
  • SectorPublic transport
  • Line of businessPublic transport
  • Representing institutionJoniškis district municipality
  • Share belonging to the Municipal100%
http://joniskioap.lt/
ROE

-11.4%

Number of employees

44

Financial data provided as at end-December 2021