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Valdymo koordinavimo centras Governance Coordination Centre

Municipality Owned Enterprises

SĮ „Kaišiadorių paslaugos“ was registered in 1992 as Kaišiadorys State Bus Park, then in 1995 was re-registered as a special-purpose private limited company, and in 2003 re-registered ias UAB Kaišiadorių autobusų parkas. Lastly in 2009 transformed into the SĮ “Kaišiadorių paslaugos”. The main activity of the company is passenger transportation on local (suburban) and urban routes. Also provide services for cleaning and maintenance of public areas, cemeteries, green areas, streets, sidewalks, as well as streets and other public places.

Financial results

P/L Statment

2018 2019 2020 2021
Revenue 1,036 1,103 1,146 1,256
Cost of goods sold 70 59 22 38
Gross profit (loss) 966 1,044 1,124 1,218
Gross profit margin 93% 95% 98% 97%
Operating expenses 884 935 1,050 1,170
Operating profit (loss) 82 109 74 48
Operating profit margin 8% 10% 6% 4%
EBITDA 253 202 214 196
EBITDA margin 24% 18% 19% 16%
Net profit (loss) 162 93 60 34
Net profit margin 16% 8% 5% 3%

Balance sheet

2018 2019 2020 2021
Non-current assets 713 626 794 616
Intangible assets 3 9 19
Tangible assets 710 626 785 597
Financial assets
Other non-current assets
Current assets 711 527 611 676
Inventories and prepaid expenses 307 7 7 16
Accounts receivable in one year 328 307 406 416
Other current assets
Cash and cash equivalents 77 213 199 243
Total assets 1,426 1,156 1,408 1,293
Equity 835 574 927 919
Grants and subsidies 301 246 196 140
Liabilities 290 336 285 235
Financial liabilities 190 209 152 103
Long-term liabilities 190 209 103 53
Short-term liabilities 100 127 182 182
Equity and liabilities 1,426 1,156 1,408 1,293

Financial ratios

2018 2019 2020 2021
Capital return ratios
Return on assets (ROA) 14% 7% 5% 3%
Return on equity (ROE) 22% 13% 8% 4%
Return on capital employed (ROCE) 26% 21% 12% 8%
Capital structure and liquidity ratios
Debt / asset ratio (D/A) 0.23 0.36 0.16 0.11
Current Ratio 7.13 4.15 3.36 3.71
Quick ratio 4.06 4.09 3.32 3.62
Turnover ratios
Asset turnover 0.93 0.85 0.89 0.93
Fixed asset turnover 1.62 1.65 1.61 1.78
Equity turnover 1.43 1.57 1.53 1.36
Profitability ratios
EBITDA margin 24% 18% 19% 16%
Operating profit margin 8% 10% 6% 4%
Net profit margin 16% 8% 5% 3%
Other ratios
Dividends to the Municipality 40.89 65.20 57.90 39.50
Dividends paid / net profit 0.25 0.70 0.97 1.15

Expectations of the municipal

About the company

  • Official nameSĮ „Kaišiadorių paslaugos“
  • Legal formMunicipality enterprise (SĮ)
  • Company code258847030
  • SectorOther
  • Line of businessWaste disposal services, public transport
  • Representing institutionKaišiadoriai district municipality
  • Share belonging to the Municipal100%
http://www.kaisiadoriupaslaugos.lt/
ROE

3.7%

Number of employees

39

Financial data provided as at end-December 2021