Klaipėdos paslaugos
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. in 2023 In May, UAB Klaipėdos autobusų parkas, which belongs to Klaipėda City Municipality, announced that the name of the company was changed to UAB Klaipėdos paslaugos.
Financial results
P/L Statment
| 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|
| Revenue | 8,203 | 8,266 | 15,115 | 17,115 |
| Cost of goods sold | 7,093 | 7,546 | 12,058 | 13,537 |
| Gross profit (loss) | 1,110 | 720 | 3,058 | 3,579 |
| Gross profit margin | 14% | 9% | 20% | 21% |
| Operating expenses | 1,075 | 1,214 | 1,734 | 2,203 |
| Operating profit (loss) | 35 | -495 | 1,324 | 1,376 |
| Operating profit margin | 0% | -6% | 9% | 8% |
| EBITDA | 1,367 | 950 | 4,230 | 4,691 |
| EBITDA margin | 17% | 11% | 28% | 27% |
| Net profit (loss) | 305 | -99 | 1,267 | 1,460 |
| Net profit margin | 4% | -1% | 8% | 9% |
Balance sheet
| 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|
| Non-current assets | 11,299 | 9,273 | 18,244 | 28,391 |
| Intangible assets | 6 | 9 | 8 | 19 |
| Tangible assets | 11,291 | 9,102 | 18,074 | 28,204 |
| Financial assets | 3 | 163 | 163 | 168 |
| Other non-current assets | ||||
| Current assets | 1,628 | 2,047 | 6,717 | 7,209 |
| Inventories and prepaid expenses | 223 | 194 | 666 | 834 |
| Accounts receivable in one year | 658 | 1,005 | 1,704 | 2,030 |
| Other current assets | ||||
| Cash and cash equivalents | 747 | 848 | 4,347 | 4,345 |
| Total assets | 13,001 | 11,396 | 25,052 | 35,803 |
| Equity | 4,531 | 4,432 | 12,917 | 14,277 |
| Grants and subsidies | 5,151 | 3,805 | 7,419 | 18,133 |
| Liabilities | 3,196 | 3,046 | 4,611 | 3,292 |
| Financial liabilities | 2,279 | 1,647 | 1,457 | 609 |
| Long-term liabilities | 1,623 | 1,064 | 835 | 242 |
| Short-term liabilities | 1,573 | 1,982 | 3,776 | 3,050 |
| Equity and liabilities | 13,001 | 11,396 | 25,052 | 35,803 |
Financial ratios
| 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|
| Capital return ratios | ||||
| Return on assets (ROA) | 2% | -1% | 7% | 5% |
| Return on equity (ROE) | 7% | -2% | 15% | 11% |
| Return on capital employed (ROCE) | 1% | -9% | 10% | 9% |
| Capital structure and liquidity ratios | ||||
| Debt / asset ratio (D/A) | 0.18 | 0.14 | 0.06 | 0.02 |
| Current Ratio | 1.04 | 1.03 | 1.78 | 2.36 |
| Quick ratio | 0.89 | 0.93 | 1.60 | 2.09 |
| Turnover ratios | ||||
| Asset turnover | 0.63 | 0.73 | 0.60 | 0.48 |
| Fixed asset turnover | 0.73 | 0.89 | 0.83 | 0.60 |
| Equity turnover | 1.81 | 1.87 | 1.17 | 1.20 |
| Profitability ratios | ||||
| EBITDA margin | 17% | 11% | 28% | 27% |
| Operating profit margin | 0% | -6% | 9% | 8% |
| Net profit margin | 4% | -1% | 8% | 9% |
| Other ratios | ||||
| Dividends to the Municipality | 0.00 | 0.00 | 100.00 | 301.90 |
| Dividends paid / net profit | 0.00 | 0.00 | 0.08 | 0.21 |
Expectations of the municipal
About the company
- Official nameUAB „Klaipėdos paslaugos“
- Legal formPrivate limited liability company (UAB)
- Company code140033557
- SectorPublic transport
- Line of businessPublic transport
- Representing institutionKlaipėda city municipality
- Share belonging to the Municipal100%
- Contacts https://klap.lt/
Return to the Municipality
302 EUR thousand
ROE
10.7%
Number of employees
326
Financial data provided as at end-December 2023
Management
- Vaidas RamanauskasChief Executive Officer
Information as of: 2024/04/30
