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Valdymo koordinavimo centras Governance Coordination Centre

Municipality Owned Enterprises

UAB “Kėdainių butai” was founded in 17th of January 1991. Company performs an administration of common spaces of apartment buildings, disinfection, roof installation for buildings, exploitation, finishing works, financial of heating systems, as well as provided financial accounting services.

Financial results

P/L Statment

2018 2019 2020 2021
Revenue 520 479 498 520
Cost of goods sold 351 310 358 408
Gross profit (loss) 169 170 140 112
Gross profit margin 33% 35% 28% 22%
Operating expenses 156 148 174 153
Operating profit (loss) 13 22 -34 -40
Operating profit margin 3% 5% -7% -8%
EBITDA 20 29 13 10
EBITDA margin 4% 6% 3% 2%
Net profit (loss) 6 15 2 2
Net profit margin 1% 3% 0% 0%

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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 58 48 42 33
Intangible assets
Tangible assets 58 48 42 33
Financial assets
Other non-current assets
Current assets 647 721 749 725
Inventories and prepaid expenses 10 13 17 13
Accounts receivable in one year 490 488 486 498
Other current assets
Cash and cash equivalents 147 220 246 213
Total assets 705 769 791 758
Equity 237 252 254 255
Grants and subsidies
Liabilities 468 517 537 503
Financial liabilities
Long-term liabilities 140 103 54
Short-term liabilities 468 376 434 448
Equity and liabilities 705 769 791 758

* 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) 1% 2% 0% 0%
Return on equity (ROE) 2% 6% 1% 1%
Return on capital employed (ROCE) 6% 9% 1% -0%
Capital structure and liquidity ratios
Debt / asset ratio (D/A)
Current Ratio 1.38 1.92 1.72 1.62
Quick ratio 1.36 1.88 1.69 1.59
Turnover ratios
Asset turnover 0.79 0.65 0.64 0.67
Fixed asset turnover 9.73 9.03 11.11 13.96
Equity turnover 2.22 1.96 1.97 2.04
Profitability ratios
EBITDA margin 4% 6% 3% 2%
Operating profit margin 3% 5% -7% -8%
Net profit margin 1% 3% 0% 0%
Other ratios
Dividends to the Municipality
Dividends paid / net profit

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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 nameUAB „Kėdainių butai“
  • Legal formPrivate limited liability company (UAB)
  • Company code161130867
  • SectorOther
  • Line of businessApartment management
  • Representing institutionKėdainiai district municipality
  • Share belonging to the Municipal100%
https://kedainiubutai.lt/
ROE

0.6%

Number of employees

31

Financial data provided as at end-December 2021