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Valdymo koordinavimo centras Governance Coordination Centre

Municipality Owned Enterprises

UAB „Kelmės autobusų parkas“ was established on February 18, 1992. The main activities of the company are passenger transport by bus in the city or suburbs, charter trips and retail sale of petroleum products and liquefied gas for cars. Other activities – rent of premises and parking lot rental, luggage storage, car repair, advertising services, parcel transportation services.

Financial results

P/L Statment

2018 2019 2020 2021
Revenue 1,353 1,242 851 944
Cost of goods sold 1,095 982 695 762
Gross profit (loss) 258 260 157 182
Gross profit margin 19% 21% 18% 19%
Operating expenses 252 262 245 228
Operating profit (loss) 7 -1 -88 -46
Operating profit margin 0% -0% -10% -5%
EBITDA 120 125 26 64
EBITDA margin 9% 10% 3% 7%
Net profit (loss) 13 5 -83 -37
Net profit margin 1% 0% -10% -4%

Balance sheet

2018 2019 2020 2021
Non-current assets 523 410 457 357
Intangible assets 0
Tangible assets 523 410 457 357
Financial assets
Other non-current assets
Current assets 385 439 293 357
Inventories and prepaid expenses 30 20 14 32
Accounts receivable in one year 339 283 49 46
Other current assets
Cash and cash equivalents 15 136 230 279
Total assets 910 850 752 716
Equity 597 597 512 480
Grants and subsidies 33 32 31 114
Liabilities 280 221 209 121
Financial liabilities 56
Long-term liabilities 122 56
Short-term liabilities 158 166 209 121
Equity and liabilities 910 850 752 716

Financial ratios

2018 2019 2020 2021
Capital return ratios
Return on assets (ROA) 2% 1% -10% -5%
Return on equity (ROE) 2% 1% -15% -7%
Return on capital employed (ROCE) 4% 3% -29% -12%
Capital structure and liquidity ratios
Debt / asset ratio (D/A) 0.09
Current Ratio 2.44 2.65 1.40 2.95
Quick ratio 2.25 2.53 1.34 2.68
Turnover ratios
Asset turnover 1.70 1.41 1.06 1.29
Fixed asset turnover 2.91 2.66 1.96 2.32
Equity turnover 2.29 2.08 1.54 1.90
Profitability ratios
EBITDA margin 9% 10% 3% 7%
Operating profit margin 0% -0% -10% -5%
Net profit margin 1% 0% -10% -4%
Other ratios
Dividends to the Municipality 5.11 1.90
Dividends paid / net profit 0.40 0.39

Financial statments

Expectations of the municipal

About the company

  • Official nameUAB „Kelmės autobusų parkas“
  • Legal formPrivate limited liability company (UAB)
  • Company code162441351
  • SectorPublic transport
  • Line of businessPublic transport
  • Representing institutionKelmė district municipality
  • Share belonging to the Municipal100%
http://www.kelmesautobusai.lt/
ROE

-7.4%

Number of employees

33

Financial data provided as at end-December 2021