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Valdymo koordinavimo centras Governance Coordination Centre

Municipality Owned Enterprises

UAB Kauno butų ūkis was established on the 21th of February, 1991. Company name from UAB Panemunės butų ūkis in 2011 changed to UAB Kauno komunalinis ir butų ūkis, and in 2015 to UAB Kauno butų ūkis. The company’s main activities are administration of the common partial ownership in multi-apartment houses and other premises, regular maintenance (operation) and repair of common use objects, maintenance of heating and hot water systems, localization and liquidation of consequences of accidents at building engineering networks, multi-apartment houses land plots maintenance, administration of multi-apartment building reconstruction program, management of social housing rent and other additional activities.

Financial results

P/L Statment

2018 2019 2020 2021
Revenue 3,831 3,206 3,153 3,843
Cost of goods sold 3,082 2,728 2,596 3,426
Gross profit (loss) 749 478 557 417
Gross profit margin 20% 15% 18% 11%
Operating expenses 362 298 321 264
Operating profit (loss) 387 181 236 154
Operating profit margin 10% 6% 7% 4%
EBITDA 456 251 311 232
EBITDA margin 12% 8% 10% 6%
Net profit (loss) 341 157 205 139
Net profit margin 9% 5% 6% 4%

Balance sheet

2018 2019 2020 2021
Non-current assets 970 970 964 924
Intangible assets 18 14 15 12
Tangible assets 921 927 879 837
Financial assets 41 41
Other non-current assets 32 28 29 34
Current assets 2,031 1,903 1,840 2,088
Inventories and prepaid expenses 103 78 60 131
Accounts receivable in one year 1,007 766 821 751
Other current assets
Cash and cash equivalents 921 1,059 960 1,205
Total assets 3,031 2,897 2,820 3,024
Equity 1,619 1,446 1,451 1,440
Grants and subsidies
Liabilities 1,345 1,446 1,365 1,566
Financial liabilities 9
Long-term liabilities
Short-term liabilities 1,345 1,446 1,365 1,566
Equity and liabilities 3,031 2,897 2,820 3,024

Financial ratios

2018 2019 2020 2021
Capital return ratios
Return on assets (ROA) 12% 5% 7% 5%
Return on equity (ROE) 22% 10% 14% 10%
Return on capital employed (ROCE) 48% 26% 33% 23%
Capital structure and liquidity ratios
Debt / asset ratio (D/A) 0.01
Current Ratio 1.51 1.32 1.35 1.33
Quick ratio 1.43 1.26 1.30 1.25
Turnover ratios
Asset turnover 1.29 1.08 1.10 1.32
Fixed asset turnover 4.03 3.31 3.26 4.07
Equity turnover 2.49 2.09 2.18 2.66
Profitability ratios
EBITDA margin 12% 8% 10% 6%
Operating profit margin 10% 6% 7% 4%
Net profit margin 9% 5% 6% 4%
Other ratios
Dividends to the Municipality 330.00 200.00 150.00 150.00
Dividends paid / net profit 0.97 1.28 0.73 1.08

Financial statments

Expectations of the municipal

About the company

  • Official nameUAB Kauno butų ūkis
  • Legal formPrivate limited liability company (UAB)
  • Company code132532496
  • SectorOther
  • Line of businessApartment management
  • Representing institutionKaunas city municipality
  • Share belonging to the Municipal100%
https://kbu.lt/
ROE

9.6%

Number of employees

96

Financial data provided as at end-December 2021