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Valdymo koordinavimo centras Governance Coordination Centre

Municipality Owned Enterprises

SĮ Kapinių priežiūra was registered on March 7, 1991. The main activity of the company is the provision of funeral services to juridical and natural persons, registration of funerals, management and protection of the city’s cemeteries, ensuring cleanliness of the cemeteries, preparation of land for burials and organization of the development of the cemeteries.

Financial results

P/L Statment

2019 2020 2021 2022
Revenue 1,360 1,419 1,600 1,666
Cost of goods sold 760 790 920 962
Gross profit (loss) 599 629 680 704
Gross profit margin 44% 44% 43% 42%
Operating expenses 434 423 401 505
Operating profit (loss) 158 205 276 197
Operating profit margin 12% 14% 17% 12%
EBITDA 282 273 354 281
EBITDA margin 21% 19% 22% 17%
Net profit (loss) 179 187 254 186
Net profit margin 13% 13% 16% 11%

Balance sheet

2019 2020 2021 2022
Non-current assets 678 629 647 689
Intangible assets 12 10 8 7
Tangible assets 666 619 639 682
Financial assets
Other non-current assets
Current assets 355 417 467 431
Inventories and prepaid expenses 5 6 8 9
Accounts receivable in one year 2 2 3 46
Other current assets
Cash and cash equivalents 348 409 456 376
Total assets 1,034 1,047 1,123 1,133
Equity 888 868 916 915
Grants and subsidies 14 13 12 11
Liabilities 132 166 196 207
Financial liabilities 0 0 0 0
Long-term liabilities
Short-term liabilities 132 166 196 207
Equity and liabilities 1,034 1,047 1,123 1,133

Financial ratios

2019 2020 2021 2022
Capital return ratios
Return on assets (ROA) 17% 18% 23% 16%
Return on equity (ROE) 20% 21% 28% 20%
Return on capital employed (ROCE) 18% 24% 30% 22%
Capital structure and liquidity ratios
Debt / asset ratio (D/A) 0.00 0.00 0.00 0.00
Current Ratio 2.70 2.52 2.38 2.08
Quick ratio 2.66 2.48 2.34 2.04
Turnover ratios
Asset turnover 1.32 1.36 1.42 1.47
Fixed asset turnover 2.01 2.26 2.47 2.42
Equity turnover 1.53 1.63 1.75 1.82
Profitability ratios
EBITDA margin 21% 19% 22% 17%
Operating profit margin 12% 14% 17% 12%
Net profit margin 13% 13% 16% 11%
Other ratios
Dividends to the Municipality 200.00 200.00 182.80 182.60
Dividends paid / net profit 1.12 1.07 0.72 0.98

Expectations of the municipal

About the company

  • Official nameSĮ „Kapinių priežiūra“
  • Legal formMunicipality enterprise (SĮ)
  • Company code132626180
  • SectorOther
  • Line of businessFuneral services
  • Representing institutionKaunas city municipality
  • Share belonging to the Municipal100%
https://kaunokapiniuprieziura.lt/
Return to the Municipality

183 EUR thousand

ROE

20.3%

Number of employees

59

Financial data provided as at end-December 2022

Management

  • Ričardas ČėsnaChief Executive Officer

Information as of: 4/30/2023