• English
  • Lithuanian
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

2019 2020 2021 2022
Revenue 30,077 20,762 19,037 25,211
Cost of goods sold 26,392 17,828 17,537 25,177
Gross profit (loss) 3,685 2,933 1,500 34
Gross profit margin 12% 14% 8% 0%
Operating expenses 3,810 3,149 1,630 1,968
Operating profit (loss) -125 -216 -130 -1,934
Operating profit margin -0% -1% -1% -8%
EBITDA 2,797 5,019 6,480 5,139
EBITDA margin 9% 24% 34% 20%
Net profit (loss) 63 114 122 -1,607
Net profit margin 0% 1% 1% -6%

* Left axis

** Right axis

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

Balance sheet

2019 2020 2021 2022
Non-current assets 42,543 55,046 60,431 58,484
Intangible assets 154 102 188 227
Tangible assets 42,098 54,465 59,840 57,656
Financial assets 0 212 76 76
Other non-current assets 291 268 327 525
Current assets 22,220 20,640 8,218 6,797
Inventories and prepaid expenses 1,001 1,225 1,294 1,283
Accounts receivable in one year 1,491 1,638 3,240 2,847
Other current assets 0
Cash and cash equivalents 19,728 17,778 3,684 2,667
Total assets 65,305 76,202 69,124 65,768
Equity 14,131 14,244 14,366 15,176
Grants and subsidies 36 33 30 26
Liabilities 49,792 60,757 53,516 49,084
Financial liabilities 23,229 36,563 32,992 28,761
Long-term liabilities 28,991 46,755 42,070 36,725
Short-term liabilities 20,801 14,002 11,445 12,360
Equity and liabilities 65,305 76,202 69,124 65,768

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

Financial ratios

2019 2020 2021 2022
Capital return ratios
Return on assets (ROA) 0% 0% 0% -2%
Return on equity (ROE) 0% 1% 1% -11%
Return on capital employed (ROCE) -0% -0% -0% -4%
Capital structure and liquidity ratios
Debt / asset ratio (D/A) 0.36 0.48 0.48 0.44
Current Ratio 1.07 1.47 0.72 0.55
Quick ratio 1.02 1.39 0.60 0.45
Turnover ratios
Asset turnover 0.46 0.27 0.28 0.38
Fixed asset turnover 0.71 0.38 0.32 0.43
Equity turnover 2.13 1.46 1.33 1.66
Profitability ratios
EBITDA margin 9% 24% 34% 20%
Operating profit margin -0% -1% -1% -8%
Net profit margin 0% 1% 1% -6%
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

* Left axis

** Right axis

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

Financial statments

2021 m. metinės ataskaitos
2020 m. metinės ataskaitos

Expectations of the municipal

Letter of Expectations

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%
https://kaunoautobusai.lt/
ROE

-10.9%

Number of employees

1,107

Financial data provided as at end-December 2022

Management

  • Mindaugas GrigelisChief Executive Officer

Information as of: 4/30/2023