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Valdymo koordinavimo centras Governance Coordination Centre

Municipality Owned Enterprises

UAB „Jurbarko autobusų parkas“ was registered on December 31, 1991 as stated owned Jurbarkas Bus Fleet, on October 12, 1995 the company was reorganized into a special purpose private limited company and finally on July 7, 2000 ir become private limited company UAB „Jurbarko autobusų parkas“. The main activity of the company is passenger transportation in the city and suburbs (passenger transportation and other related services for natural and legal persons on urban, suburban and long-distance routes).

Financial results

P/L Statment

2020 2021 2022 2023
Revenue 433 351 630 726
Cost of goods sold 270 214 425 417
Gross profit (loss) 164 137 205 309
Gross profit margin 38% 39% 33% 43%
Operating expenses 213 181 261 302
Operating profit (loss) -77 -67 -101 -59
Operating profit margin -18% -19% -16% -8%
EBITDA 186 -44 -16 138
EBITDA margin 43% -12% -3% 19%
Net profit (loss) -24 -63 -52 -35
Net profit margin -5% -18% -8% -5%

Balance sheet

2020 2021 2022 2023
Non-current assets 639 645 813 2,400
Intangible assets 0
Tangible assets 639 645 813 2,400
Financial assets
Other non-current assets
Current assets 506 383 313 342
Inventories and prepaid expenses 24 21 34 25
Accounts receivable in one year 24 23 58 43
Other current assets
Cash and cash equivalents 458 339 221 274
Total assets 1,148 1,036 1,130 2,744
Equity 855 793 740 705
Grants and subsidies 9 1,731
Liabilities 292 244 381 308
Financial liabilities 232 152 274 187
Long-term liabilities 232 152 274 187
Short-term liabilities 60 92 107 122
Equity and liabilities 1,148 1,036 1,130 2,744

Financial ratios

2020 2021 2022 2023
Capital return ratios
Return on assets (ROA) -2% -6% -5% -2%
Return on equity (ROE) -3% -8% -7% -5%
Return on capital employed (ROCE) -7% -7% -10% -7%
Capital structure and liquidity ratios
Debt / asset ratio (D/A) 0.20 0.15 0.24 0.07
Current Ratio 8.41 4.18 2.92 2.82
Quick ratio 8.01 3.95 2.61 2.61
Turnover ratios
Asset turnover 0.38 0.34 0.56 0.26
Fixed asset turnover 0.68 0.54 0.78 0.30
Equity turnover 0.51 0.44 0.85 1.03
Profitability ratios
EBITDA margin 43% -12% -3% 19%
Operating profit margin -18% -19% -16% -8%
Net profit margin -5% -18% -8% -5%
Other ratios
Dividends to the Municipality 0.00 0.00 0.00 0.00
Dividends paid / net profit 0.00 0.00 0.00 0.00

Expectations of the municipal

About the company

  • Official nameUAB „Jurbarko autobusų parkas“
  • Legal formPrivate limited liability company (UAB)
  • Company code158161361
  • SectorPublic transport
  • Line of businessPublic transport
  • Representing institutionJurbarkas district municipality
  • Share belonging to the Municipal100%
https://jurbarkoautobusai.lt/
ROE

-4.8%

Number of employees

50

Financial data provided as at end-December 2023

Management

  • Arvydas ŠtulasChief Executive Officer

Information as of: 2024/04/30