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Valdymo koordinavimo centras Governance Coordination Centre

Municipality Owned Enterprises

UAB Komunalinių paslaugų centras was founded in 2008 with the purpose of utilities provision. The company supplies a heating energy for the consumers, administrates residential houses as well as renovation projects.

Financial results

P/L Statment

2018 2019 2020 2021
Revenue 832 819 1,182 1,852
Cost of goods sold 770 734 1,018 1,557
Gross profit (loss) 62 85 163 295
Gross profit margin 7% 10% 14% 16%
Operating expenses 177 181 168 219
Operating profit (loss) -115 -96 -5 75
Operating profit margin -14% -12% -0% 4%
EBITDA 17 49 146 227
EBITDA margin 2% 6% 12% 12%
Net profit (loss) -122 -91 -3 72
Net profit margin -15% -11% -0% 4%

* Left axis

** Right axis

*** All data in Profit and Loss Statement table and corresponding chart is in EUR thousand, unless otherwise noted

Balance sheet

2018 2019 2020 2021
Non-current assets 2,044 1,983 1,964 1,926
Intangible assets 16 9 3 4
Tangible assets 2,028 1,961 1,922
Financial assets
Other non-current assets 1,973
Current assets 530 480 636 1,015
Inventories and prepaid expenses 76 79 94 106
Accounts receivable in one year 374 319 412 549
Other current assets
Cash and cash equivalents 80 81 131 361
Total assets 2,575 2,464 2,602 2,943
Equity 1,797 1,706 2,062 2,133
Grants and subsidies 183 172 172 179
Liabilities 514 502 262 504
Financial liabilities 138 52 13 10
Long-term liabilities 37 10 7
Short-term liabilities 477 502 252 497
Equity and liabilities 2,575 2,464 2,602 2,943

* All data in Balance Sheet table and corresponding chart is in EUR thousand, unless otherwise noted

Financial ratios

2018 2019 2020 2021
Capital return ratios
Return on assets (ROA) -5% -4% -0% 3%
Return on equity (ROE) -7% -5% -0% 3%
Return on capital employed (ROCE) -11% -10% -0% 6%
Capital structure and liquidity ratios
Debt / asset ratio (D/A) 0.08 0.03 0.01 0.00
Current Ratio 1.11 0.96 2.53 2.04
Quick ratio 0.95 0.80 2.15 1.83
Turnover ratios
Asset turnover 0.32 0.32 0.47 0.67
Fixed asset turnover 0.41 0.41 0.60 0.95
Equity turnover 0.46 0.47 0.63 0.88
Profitability ratios
EBITDA margin 2% 6% 12% 12%
Operating profit margin -14% -12% -0% 4%
Net profit margin -15% -11% -0% 4%
Other ratios
Dividends to the Municipality
Dividends paid / net profit

* Left axis

** Right axis

*** Dividends to the municipality in Financial Ratios table is in EUR thousand

Financial statments

2020 m. metinės ataskaitos

Expectations of the municipal

Letter of Expectations

About the company

  • Official nameUAB Komunalinių paslaugų centras
  • Legal formPrivate limited liability company (UAB)
  • Company code301846604
  • SectorHeating networks
  • Line of businessHeat and hot water production
  • Representing institutionKaunas district municipality
  • Share belonging to the Municipal100%
https://rkpc.lt/
ROE

3.4%

Number of employees

58

Financial data provided as at end-December 2021