Kelmės vietinis ūkis
UAB Kelmės vietinis ūkis was established on the 31th of December, 1997. The company’s main activities are administration of common use buildings, systems and roads maintenance and repair, operation of gravel and sand quarries, administration of multi-apartment building reconstruction program, waste management and ecology business, territory maintenance and cleaning services.
Financial results
P/L Statment
| 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|
| Revenue | 1,418 | 1,367 | 1,436 | 1,514 |
| Cost of goods sold | 1,282 | 1,270 | 1,373 | 1,292 |
| Gross profit (loss) | 136 | 98 | 64 | 223 |
| Gross profit margin | 10% | 7% | 4% | 15% |
| Operating expenses | 277 | 289 | 302 | 317 |
| Operating profit (loss) | -141 | -192 | -238 | -94 |
| Operating profit margin | -10% | -14% | -17% | -6% |
| EBITDA | 34 | 76 | 65 | 205 |
| EBITDA margin | 2% | 6% | 5% | 14% |
| Net profit (loss) | -90 | -89 | -104 | 32 |
| Net profit margin | -6% | -7% | -7% | 2% |
Balance sheet
| 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|
| Non-current assets | 1,801 | 1,763 | 1,617 | 1,720 |
| Intangible assets | 14 | 7 | 3 | 6 |
| Tangible assets | 1,653 | 1,756 | 1,601 | 1,714 |
| Financial assets | 134 | 14 | ||
| Other non-current assets | ||||
| Current assets | 637 | 628 | 615 | 686 |
| Inventories and prepaid expenses | 42 | 40 | 41 | 39 |
| Accounts receivable in one year | 269 | 256 | 267 | 250 |
| Other current assets | 11 | 12 | 9 | 8 |
| Cash and cash equivalents | 315 | 320 | 298 | 389 |
| Total assets | 2,438 | 2,391 | 2,233 | 2,406 |
| Equity | 1,997 | 1,908 | 1,805 | 1,837 |
| Grants and subsidies | 14 | 7 | 1 | 11 |
| Liabilities | 427 | 476 | 427 | 559 |
| Financial liabilities | 0 | 0 | 0 | 144 |
| Long-term liabilities | 115 | |||
| Short-term liabilities | 427 | 476 | 427 | 444 |
| Equity and liabilities | 2,438 | 2,391 | 2,233 | 2,406 |
Financial ratios
| 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|
| Capital return ratios | ||||
| Return on assets (ROA) | -5% | -4% | -4% | 1% |
| Return on equity (ROE) | -7% | -5% | -6% | 2% |
| Return on capital employed (ROCE) | -7% | -10% | -13% | -5% |
| Capital structure and liquidity ratios | ||||
| Debt / asset ratio (D/A) | 0.02 | 0.00 | 0.00 | 0.06 |
| Current Ratio | 1.49 | 1.32 | 1.44 | 1.54 |
| Quick ratio | 1.39 | 1.24 | 1.34 | 1.46 |
| Turnover ratios | ||||
| Asset turnover | 0.58 | 0.57 | 0.64 | 0.63 |
| Fixed asset turnover | 0.79 | 0.78 | 0.89 | 0.88 |
| Equity turnover | 0.71 | 0.72 | 0.80 | 0.82 |
| Profitability ratios | ||||
| EBITDA margin | 2% | 6% | 5% | 14% |
| Operating profit margin | -10% | -14% | -17% | -6% |
| Net profit margin | -6% | -7% | -7% | 2% |
| Other ratios | ||||
| Dividends to the Municipality | 0.00 | 0.00 | 0.00 | 0.00 |
| Dividends paid / net profit | 0.00 | 0.00 | 0.00 | 0.00 |
Financial statments
Expectations of the municipal
About the company
- Official nameUAB Kelmės vietinis ūkis
- Legal formPrivate limited liability company (UAB)
- Company code162732556
- SectorOther
- Line of businessApartment management
- Representing institutionKelmė district municipality
- Share belonging to the Municipal100%
ROE
1.8%
Number of employees
63
Financial data provided as at end-December 2023
Management
- Dainius PopovasChief Executive Officer
Information as of: 2024/04/30
