Valdymo koordinavimo centras Governance Coordination Centre

Municipality Owned Enterprises

UAB „Kauno autobusai“ was established in on December 31, 1991. The main activity of the company is transportation of passengers by regular city buses and trolleybuses. Other activities include rental of buses, minibuses, trolleybuses, maintenance and repair of motor vehicles, advertising on vehicles and rental of premises, parking lots.

Financial results

P/L Statment

2021 2022 2023 2024
Revenue 19,037 25,211 27,413 28,144
Cost of goods sold 17,537 25,177 22,510 24,155
Gross profit (loss) 1,500 34 4,903 3,989
Gross profit margin 8% 0% 18% 14%
Operating expenses 1,630 1,968 2,094 2,238
Operating profit (loss) -130 -1,934 2,809 1,751
Operating profit margin -1% -8% 10% 6%
EBITDA 6,480 5,139 10,126 9,999
EBITDA margin 34% 20% 37% 36%
Net profit (loss) 122 -1,607 2,229 1,339
Net profit margin 1% -6% 8% 5%

Balance sheet

2021 2022 2023 2024
Non-current assets 60,431 58,484 66,609 67,544
Intangible assets 188 227 321 339
Tangible assets 59,840 57,656 65,759 66,517
Financial assets 76 76 76 76
Other non-current assets 327 525 454 612
Current assets 8,218 6,797 14,879 10,948
Inventories and prepaid expenses 1,294 1,283 1,374 1,060
Accounts receivable in one year 3,240 2,847 5,647 2,184
Other current assets
Cash and cash equivalents 3,684 2,667 7,858 7,704
Total assets 69,124 65,768 82,047 79,015
Equity 14,366 15,176 17,405 18,745
Grants and subsidies 30 26 9,925 9,904
Liabilities 53,516 49,084 52,885 47,926
Financial liabilities 32,992 28,761 32,531 29,050
Long-term liabilities 42,070 36,725 38,046 33,134
Short-term liabilities 11,445 12,360 14,839 14,791
Equity and liabilities 69,124 65,768 82,047 79,015

Financial ratios

2021 2022 2023 2024
Capital return ratios
Return on assets (ROA) 0% -2% 3% 2%
Return on equity (ROE) 1% -11% 14% 7%
Return on capital employed (ROCE) -0% -4% 5% 3%
Capital structure and liquidity ratios
Debt / asset ratio (D/A) 0.48 0.44 0.40 0.37
Current Ratio 0.72 0.55 1.00 0.74
Quick ratio 0.60 0.45 0.91 0.67
Turnover ratios
Asset turnover 0.28 0.38 0.33 0.36
Fixed asset turnover 0.32 0.43 0.41 0.42
Equity turnover 1.33 1.66 1.57 1.50
Profitability ratios
EBITDA margin 34% 20% 37% 36%
Operating profit margin -1% -8% 10% 6%
Net profit margin 1% -6% 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 „Kauno autobusai“
  • Legal formPrivate limited liability company (UAB)
  • Company code133154754
  • SectorPublic transport
  • Line of businessPublic transport
  • Representing institutionKaunas city municipality
  • Share indirectly belonging to the Municipal0%
  • Contacts https://kaunoautobusai.lt/
ROE

7.4%

Number of employees

1,114

Financial data provided as at end-December 2024

Management

  • Mindaugas GrigelisChief Executive Officer

Information as of: 2025/06/01