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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

2018 2019 2020 2021
Revenue 1,380 1,360 1,419 1,600
Cost of goods sold 751 760 790 920
Gross profit (loss) 629 599 629 680
Gross profit margin 46% 44% 44% 43%
Operating expenses 404 441 424 404
Operating profit (loss) 225 158 205 276
Operating profit margin 16% 12% 14% 17%
EBITDA 300 282 273 355
EBITDA margin 22% 21% 19% 22%
Net profit (loss) 197 179 187 254
Net profit margin 14% 13% 13% 16%

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*** All data in Profit and Loss Statement table and corresponding chart is in EUR thousand, unless otherwise noted

Balance sheet

2018 2019 2020 2021
Non-current assets 755 678 629 647
Intangible assets 14 12 10 8
Tangible assets 742 666 619 639
Financial assets
Other non-current assets
Current assets 337 355 417 467
Inventories and prepaid expenses 14 5 6 8
Accounts receivable in one year 1 2 2 3
Other current assets
Cash and cash equivalents 322 348 409 456
Total assets 1,093 1,034 1,047 1,123
Equity 869 888 868 916
Grants and subsidies 15 14 13 12
Liabilities 158 132 166 196
Financial liabilities
Long-term liabilities
Short-term liabilities 158 132 166 196
Equity and liabilities 1,093 1,034 1,047 1,123

* All data in Balance Sheet table and corresponding chart is in EUR thousand, unless otherwise noted

Financial ratios

2018 2019 2020 2021
Capital return ratios
Return on assets (ROA) 19% 17% 18% 23%
Return on equity (ROE) 24% 20% 21% 28%
Return on capital employed (ROCE) 50% 47% 50% 65%
Capital structure and liquidity ratios
Debt / asset ratio (D/A)
Current Ratio 2.13 2.70 2.52 2.38
Quick ratio 2.04 2.66 2.48 2.34
Turnover ratios
Asset turnover 1.30 1.28 1.36 1.47
Fixed asset turnover 2.00 1.90 2.17 2.51
Equity turnover 1.66 1.55 1.62 1.79
Profitability ratios
EBITDA margin 22% 21% 19% 22%
Operating profit margin 16% 12% 14% 17%
Net profit margin 14% 13% 13% 16%
Other ratios
Dividends to the Municipality 155.10 200.00 200.00 182.80
Dividends paid / net profit 0.79 1.12 1.07 0.72

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*** Dividends to the municipality in Financial Ratios table is in EUR thousand

Financial statments

2020 m. metinės ataskaitos

Expectations of the municipal

Letter of Expectations

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/
ROE

28.5%

Number of employees

61

Financial data provided as at end-December 2021