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Valdymo koordinavimo centras Governance Coordination Centre

Municipality Owned Enterprises

UAB „Klaipėdos autobusų parkas“ was established on November 20, 1990. Company provides passenger transport on regular routes within the city area, local area and between cities. It also transports parcels, provides baggage safekeeping services, sell travel tickets to the long-distance and international service buses.

Financial results

P/L Statment

2018 2019 2020 2021
Revenue 8,564 9,210 8,203 8,266
Cost of goods sold 7,608 8,003 7,093 7,546
Gross profit (loss) 956 1,207 1,110 720
Gross profit margin 11% 13% 14% 9%
Operating expenses 941 1,087 1,075 1,214
Operating profit (loss) 16 121 35 -494
Operating profit margin 0% 1% 0% -6%
EBITDA 1,512 1,178 1,367 966
EBITDA margin 18% 13% 17% 12%
Net profit (loss) 183 265 305 -99
Net profit margin 2% 3% 4% -1%

Balance sheet

2018 2019 2020 2021
Non-current assets 5,982 11,945 11,299 9,273
Intangible assets 3 7 6 9
Tangible assets 5,979 11,936 11,291 9,102
Financial assets 3 3 163
Other non-current assets
Current assets 1,430 2,015 1,628 2,047
Inventories and prepaid expenses 285 258 223 194
Accounts receivable in one year 619 847 658 1,005
Other current assets
Cash and cash equivalents 526 910 747 848
Total assets 7,489 14,056 13,001 11,396
Equity 2,549 4,226 4,531 4,432
Grants and subsidies 1,876 6,497 5,151 3,805
Liabilities 3,065 3,333 3,319 3,160
Financial liabilities 1,599 1,806 2,279 1,647
Long-term liabilities 971 1,181 1,623 1,064
Short-term liabilities 2,093 2,021 1,573 1,982
Equity and liabilities 7,489 14,056 13,001 11,396

Financial ratios

2018 2019 2020 2021
Capital return ratios
Return on assets (ROA) 2% 2% 2% -1%
Return on equity (ROE) 7% 8% 7% -2%
Return on capital employed (ROCE) 10% 6% 6% -1%
Capital structure and liquidity ratios
Debt / asset ratio (D/A) 0.63 0.43 0.50 0.37
Current Ratio 0.68 1.00 1.04 1.03
Quick ratio 0.55 0.87 0.89 0.93
Turnover ratios
Asset turnover 1.12 0.85 0.61 0.68
Fixed asset turnover 1.36 1.03 0.71 0.80
Equity turnover 3.49 2.72 1.87 1.84
Profitability ratios
EBITDA margin 18% 13% 17% 12%
Operating profit margin 0% 1% 0% -6%
Net profit margin 2% 3% 4% -1%
Other ratios
Dividends to the Municipality
Dividends paid / net profit

Financial statments

Expectations of the municipal

About the company

  • Official nameUAB „Klaipėdos autobusų parkas“
  • Legal formPrivate limited liability company (UAB)
  • Company code140033557
  • SectorPublic transport
  • Line of businessPublic transport
  • Representing institutionKlaipėda city municipality
  • Share belonging to the Municipal100%
http://www.klap.lt/
ROE

-2.2%

Number of employees

280

Financial data provided as at end-December 2021