Kretingos autobusų parkas
UAB Kretingos autobusų parkas was registered on December 12, 1995. Main activities of the company are passenger transportation in Kretinga city and suburban routes. Company also performs bus station activities – serves passengers on regular local and long-distance routes, organizes bus crew inter-journey rest, controls bus departure and arrival times, provides commercial services – bus rental, parking lot rental, advertising rental of areas on and inside buses, etc.
Financial results
P/L Statment
| 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|
| Revenue | 467 | 466 | 885 | 1,023 |
| Cost of goods sold | 300 | 294 | 618 | 716 |
| Gross profit (loss) | 167 | 172 | 267 | 307 |
| Gross profit margin | 36% | 37% | 30% | 30% |
| Operating expenses | 134 | 132 | 220 | 249 |
| Operating profit (loss) | 33 | 40 | 47 | 58 |
| Operating profit margin | 7% | 9% | 5% | 6% |
| EBITDA | 158 | 145 | 182 | 175 |
| EBITDA margin | 34% | 31% | 21% | 17% |
| Net profit (loss) | 23 | 5 | 52 | 55 |
| Net profit margin | 5% | 1% | 6% | 5% |
Balance sheet
| 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|
| Non-current assets | 448 | 357 | 309 | 357 |
| Intangible assets | 3 | 1 | 1 | 0 |
| Tangible assets | 445 | 356 | 308 | 356 |
| Financial assets | ||||
| Other non-current assets | ||||
| Current assets | 439 | 515 | 580 | 734 |
| Inventories and prepaid expenses | 14 | 14 | 29 | 20 |
| Accounts receivable in one year | 117 | 27 | 154 | 155 |
| Other current assets | ||||
| Cash and cash equivalents | 308 | 474 | 396 | 558 |
| Total assets | 890 | 877 | 895 | 1,097 |
| Equity | 571 | 576 | 628 | 713 |
| Grants and subsidies | ||||
| Liabilities | 319 | 300 | 267 | 383 |
| Financial liabilities | 160 | 110 | 60 | 9 |
| Long-term liabilities | 110 | 60 | 9 | |
| Short-term liabilities | 208 | 240 | 258 | 383 |
| Equity and liabilities | 890 | 877 | 895 | 1,097 |
Financial ratios
| 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|
| Capital return ratios | ||||
| Return on assets (ROA) | 2% | 1% | 6% | 6% |
| Return on equity (ROE) | 4% | 1% | 9% | 8% |
| Return on capital employed (ROCE) | 5% | 6% | 7% | 8% |
| Capital structure and liquidity ratios | ||||
| Debt / asset ratio (D/A) | 0.18 | 0.13 | 0.07 | 0.01 |
| Current Ratio | 2.11 | 2.15 | 2.25 | 1.92 |
| Quick ratio | 2.04 | 2.09 | 2.14 | 1.86 |
| Turnover ratios | ||||
| Asset turnover | 0.52 | 0.53 | 0.99 | 0.93 |
| Fixed asset turnover | 1.04 | 1.31 | 2.87 | 2.87 |
| Equity turnover | 0.82 | 0.81 | 1.41 | 1.44 |
| Profitability ratios | ||||
| EBITDA margin | 34% | 31% | 21% | 17% |
| Operating profit margin | 7% | 9% | 5% | 6% |
| Net profit margin | 5% | 1% | 6% | 5% |
| 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 |
Expectations of the municipal
About the company
- Official nameUAB Kretingos autobusų parkas
- Legal formPrivate limited liability company (UAB)
- Company code163994611
- SectorPublic transport
- Line of businessPublic transport
- Representing institutionKretinga district municipality
- Share belonging to the Municipal100%
ROE
8.2%
Number of employees
59
Financial data provided as at end-December 2023
Management
- Vilma KancerevičienėChief Executive Officer
Information as of: 2024/06/14
