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Valdymo koordinavimo centras Governance Coordination Centre

Municipality Owned Enterprises

SI Kelmes knygynas started it’s activity in 1999 as retail seller of literature books, various office supplies and etc.

Financial results

P/L Statment

2018 2019 2020 2021
Revenue 145 142 124 127
Cost of goods sold 99 97 85 99
Gross profit (loss) 46 45 39 28
Gross profit margin 32% 32% 31% 22%
Operating expenses 41 44 41 43
Operating profit (loss) 5 1 -2 -15
Operating profit margin 3% 1% -2% -12%
EBITDA 5 2 2 -14
EBITDA margin 4% 1% 1% -11%
Net profit (loss) 4 1 0 -15
Net profit margin 3% 1% 0% -12%

Balance sheet

2018 2019 2020 2021
Non-current assets 12 12 11
Intangible assets 0 0
Tangible assets 12 11 10
Financial assets
Other non-current assets
Current assets 68 63 65 59
Inventories and prepaid expenses 47 43 45 22
Accounts receivable in one year 1 1 2 1
Other current assets
Cash and cash equivalents 19 18 18 28
Total assets 80 74 76 60
Equity 19 19 18 3
Grants and subsidies
Liabilities 61 55 57 46
Financial liabilities
Long-term liabilities
Short-term liabilities 61 55 57 46
Equity and liabilities 80 74 76 60

Financial ratios

2018 2019 2020 2021
Capital return ratios
Return on assets (ROA) 6% 1% 1% -22%
Return on equity (ROE) 25% 5% 2% -138%
Return on capital employed (ROCE) 48% 13% 7% -212%
Capital structure and liquidity ratios
Debt / asset ratio (D/A)
Current Ratio 1.12 1.13 1.14 1.30
Quick ratio 0.34 0.35 0.35 0.82
Turnover ratios
Asset turnover 1.91 1.85 1.65 1.88
Fixed asset turnover 13.66 12.11 11.18 24.21
Equity turnover 8.51 7.47 6.62 11.93
Profitability ratios
EBITDA margin 4% 1% 1% -11%
Operating profit margin 3% 1% -2% -12%
Net profit margin 3% 1% 0% -12%
Other ratios
Dividends to the Municipality 1.05 1.10 0.60
Dividends paid / net profit 0.25 1.10 1.50

Expectations of the municipal

About the company

  • Official nameSĮ Kelmės knygynas
  • Legal formMunicipality enterprise (SĮ)
  • Company code162468366
  • SectorOther
  • Line of businessBookstore services
  • Representing institutionKelmė district municipality
  • Share belonging to the Municipal100%
http://kelmesknygynas.lt/
ROE

-138.0%

Number of employees

3

Financial data provided as at end-December 2021