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Valdymo koordinavimo centras Governance Coordination Centre

Municipality Owned Enterprises

UAB „Joniškio butų ūkis“ was established on the 28th of March, 1991. The company’s main activities are supply of heat energy, real estate management, cleaning and maintenance of buildings, installation of electrical equipment and other devices, roof structures and roof coverings installation, water supply systems installation, plumbing installation, painting of piping and equipment.

Financial results

P/L Statment

2018 2019 2020 2021
Revenue 652 699 591 702
Cost of goods sold 446 470 413 499
Gross profit (loss) 206 229 178 203
Gross profit margin 32% 33% 30% 29%
Operating expenses 200 227 230 233
Operating profit (loss) 6 2 -52 -30
Operating profit margin 1% 0% -9% -4%
EBITDA 56 54 45 56
EBITDA margin 9% 8% 8% 8%
Net profit (loss) 18 23 15 21
Net profit margin 3% 3% 2% 3%

Balance sheet

2018 2019 2020 2021
Non-current assets 853 806 764 719
Intangible assets 0
Tangible assets 853 806 764 719
Financial assets
Other non-current assets
Current assets 539 572 656 777
Inventories and prepaid expenses 27 26 21 22
Accounts receivable in one year 265 265 257 320
Other current assets
Cash and cash equivalents 247 281 378 435
Total assets 1,394 1,379 1,421 1,498
Equity 524 547 562 583
Grants and subsidies 281 262 272 235
Liabilities 589 570 588 680
Financial liabilities 76 38 33 30
Long-term liabilities 42 38 33 30
Short-term liabilities 547 532 554 650
Equity and liabilities 1,394 1,379 1,421 1,498

Financial ratios

2018 2019 2020 2021
Capital return ratios
Return on assets (ROA) 1% 2% 1% 1%
Return on equity (ROE) 4% 4% 3% 4%
Return on capital employed (ROCE) 5% 5% 3% 6%
Capital structure and liquidity ratios
Debt / asset ratio (D/A) 0.14 0.07 0.06 0.05
Current Ratio 0.98 1.07 1.18 1.20
Quick ratio 0.94 1.02 1.15 1.16
Turnover ratios
Asset turnover 0.51 0.50 0.42 0.48
Fixed asset turnover 0.85 0.84 0.75 0.95
Equity turnover 1.27 1.31 1.07 1.23
Profitability ratios
EBITDA margin 9% 8% 8% 8%
Operating profit margin 1% 0% -9% -4%
Net profit margin 3% 3% 2% 3%
Other ratios
Dividends to the Municipality
Dividends paid / net profit

Expectations of the municipal

About the company

  • Official nameUAB „Joniškio butų ūkis“
  • Legal formPrivate limited liability company (UAB)
  • Company code157521319
  • SectorOther
  • Line of businessApartment management
  • Representing institutionJoniškis district municipality
  • Share belonging to the Municipal100%
http://jbu.lt/
ROE

3.7%

Number of employees

27

Financial data provided as at end-December 2021