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Valdymo koordinavimo centras Governance Coordination Centre

Municipality Owned Enterprises

UAB Kermošius was registered on December 3, 2015. The main activity of the company is the administration of Elektrėnai and Vievis marketplaces.

Financial results

P/L Statment

2018 2019 2020
Revenue 42 41 39
Cost of goods sold 37 36 33
Gross profit (loss) 5 5 6
Gross profit margin 12% 12% 16%
Operating expenses 7 6 5
Operating profit (loss) -3 -1 1
Operating profit margin -6% -3% 2%
EBITDA -3 -1 2
EBITDA margin -6% -3% 5%
Net profit (loss) -3 -1 2
Net profit margin -6% -3% 5%

Balance sheet

2018 2019 2020
Non-current assets 0 0
Intangible assets
Tangible assets 0 0
Financial assets
Other non-current assets
Current assets 8 11 9
Inventories and prepaid expenses
Accounts receivable in one year 8 8 7
Other current assets
Cash and cash equivalents 3 2
Total assets 8 11 9
Equity -1 0 3
Grants and subsidies
Liabilities 10 11 6
Financial liabilities
Long-term liabilities
Short-term liabilities 10 11 6
Equity and liabilities 8 11 9

Financial ratios

2018 2019 2020
Capital return ratios
Return on assets (ROA) -30% -13% 19%
Return on equity (ROE) 95% 197% 112%
Return on capital employed (ROCE) 390% -2400% 115%
Capital structure and liquidity ratios
Debt / asset ratio (D/A)
Current Ratio 0.83 1.00 1.59
Quick ratio 0.83 1.00 1.59
Turnover ratios
Asset turnover 4.92 4.33 3.91
Fixed asset turnover 110.17 220.80 774.00
Equity turnover -15.68 -67.98 22.76
Profitability ratios
EBITDA margin -6% -3% 5%
Operating profit margin -6% -3% 2%
Net profit margin -6% -3% 5%
Other ratios
Dividends to the Municipality
Dividends paid / net profit

Financial statments

About the company

  • Official nameUAB „Kermošius“
  • Legal formPrivate limited liability company (UAB)
  • Company code304148387
  • SectorOther
  • Line of businessMarket administration
  • Representing institution„Elektrėnų komunalinis ūkis“
  • Share indirectly belonging to the Municipal100%

Financial data provided as at end-December 2021