Kauno gatvių apšvietimas
On March 28, 1991, UAB Kauno gatvių apšvietimas was reorganized from the Kaunas municipal company Miesto gatvių apšvietimo elektros tinklai. The company’s main activity is the provision of lighting services for the city’s streets and other objects (including maintenance and repair of electrical networks), maintenance of traffic lights, installation of new lighting equipment and traffic lights, installation and maintenance of road signs, speed measurement systems, and maintenance of greenery.
Financial results
P/L Statment
| 2019 | 2020 | 2021 | 2022 | |
|---|---|---|---|---|
| Revenue | 6,209 | 6,697 | 6,183 | 7,648 |
| Cost of goods sold | 4,882 | 4,939 | 4,855 | 6,126 |
| Gross profit (loss) | 1,327 | 1,759 | 1,329 | 1,522 |
| Gross profit margin | 21% | 26% | 21% | 20% |
| Operating expenses | 444 | 468 | 428 | 578 |
| Operating profit (loss) | 883 | 1,291 | 901 | 945 |
| Operating profit margin | 14% | 19% | 15% | 12% |
| EBITDA | 1,136 | 1,604 | 1,286 | 1,351 |
| EBITDA margin | 18% | 24% | 21% | 18% |
| Net profit (loss) | 778 | 1,099 | 822 | 859 |
| Net profit margin | 13% | 16% | 13% | 11% |
Balance sheet
| 2019 | 2020 | 2021 | 2022 | |
|---|---|---|---|---|
| Non-current assets | 1,322 | 1,470 | 1,274 | 1,165 |
| Intangible assets | ||||
| Tangible assets | 1,322 | 1,470 | 1,274 | 1,165 |
| Financial assets | ||||
| Other non-current assets | ||||
| Current assets | 1,810 | 1,922 | 2,142 | 2,146 |
| Inventories and prepaid expenses | 253 | 281 | 524 | 508 |
| Accounts receivable in one year | 95 | 38 | 63 | 153 |
| Other current assets | ||||
| Cash and cash equivalents | 1,463 | 1,603 | 1,555 | 1,486 |
| Total assets | 3,161 | 3,422 | 3,449 | 3,350 |
| Equity | 3,002 | 3,116 | 3,138 | 2,997 |
| Grants and subsidies | 66 | 58 | 47 | |
| Liabilities | 157 | 239 | 250 | 303 |
| Financial liabilities | 0 | 0 | 0 | 0 |
| Long-term liabilities | ||||
| Short-term liabilities | 157 | 239 | 250 | 303 |
| Equity and liabilities | 3,161 | 3,422 | 3,449 | 3,350 |
Financial ratios
| 2019 | 2020 | 2021 | 2022 | |
|---|---|---|---|---|
| Capital return ratios | ||||
| Return on assets (ROA) | 24% | 33% | 24% | 25% |
| Return on equity (ROE) | 26% | 36% | 26% | 28% |
| Return on capital employed (ROCE) | 29% | 41% | 29% | 32% |
| Capital structure and liquidity ratios | ||||
| Debt / asset ratio (D/A) | 0.00 | 0.00 | 0.00 | 0.00 |
| Current Ratio | 11.55 | 8.05 | 8.56 | 7.08 |
| Quick ratio | 9.94 | 6.87 | 6.46 | 5.41 |
| Turnover ratios | ||||
| Asset turnover | 1.96 | 1.96 | 1.79 | 2.28 |
| Fixed asset turnover | 4.70 | 4.56 | 4.85 | 6.57 |
| Equity turnover | 2.07 | 2.15 | 1.97 | 2.55 |
| Profitability ratios | ||||
| EBITDA margin | 18% | 24% | 21% | 18% |
| Operating profit margin | 14% | 19% | 15% | 12% |
| Net profit margin | 13% | 16% | 13% | 11% |
| Other ratios | ||||
| Dividends to the Municipality | 985.00 | 800.00 | 1,000.00 | 950.00 |
| Dividends paid / net profit | 1.27 | 0.73 | 1.22 | 1.11 |
Financial statments
Expectations of the municipal
About the company
- Official nameUAB „Kauno gatvių apšvietimas“
- Legal formPrivate limited liability company (UAB)
- Company code132684155
- SectorOther
- Line of businessLighting maintenance
- Representing institutionKaunas city municipality
- Share belonging to the Municipal100%
Return to the Municipality
950 EUR thousand
ROE
28.0%
Number of employees
129
Financial data provided as at end-December 2022
