Kuršėnų autobusų parkas
UAB Kuršėnų autobusų parkas was registered on November 13, 1996. The main activity is the provision of public transport services in the city of Kuršėnai, passenger transportation services on the suburban routes of Šiauliai district, passenger transportation services on charter routes in Lithuania and abroad.
Financial results
P/L Statment
| 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|
| Revenue | 479 | 507 | 597 | 711 |
| Cost of goods sold | 348 | 427 | 542 | 602 |
| Gross profit (loss) | 131 | 80 | 55 | 108 |
| Gross profit margin | 27% | 16% | 9% | 15% |
| Operating expenses | 161 | 156 | 155 | 155 |
| Operating profit (loss) | -53 | -98 | -124 | -74 |
| Operating profit margin | -11% | -19% | -21% | -10% |
| EBITDA | 60 | 54 | 63 | 75 |
| EBITDA margin | 13% | 11% | 11% | 11% |
| Net profit (loss) | 11 | 5 | 1 | 0 |
| Net profit margin | 2% | 1% | 0% | 0% |
Balance sheet
| 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|
| Non-current assets | 804 | 698 | 955 | 827 |
| Intangible assets | 2 | 1 | 1 | 0 |
| Tangible assets | 802 | 697 | 955 | 827 |
| Financial assets | 0 | |||
| Other non-current assets | ||||
| Current assets | 58 | 180 | 190 | 148 |
| Inventories and prepaid expenses | 9 | 7 | 10 | 30 |
| Accounts receivable in one year | 12 | 15 | 69 | 47 |
| Other current assets | ||||
| Cash and cash equivalents | 37 | 158 | 111 | 71 |
| Total assets | 865 | 880 | 1,148 | 978 |
| Equity | 319 | 306 | 447 | 470 |
| Grants and subsidies | 371 | 457 | 381 | 318 |
| Liabilities | 174 | 117 | 312 | 190 |
| Financial liabilities | 105 | 37 | 148 | 113 |
| Long-term liabilities | 37 | 0 | 113 | 78 |
| Short-term liabilities | 138 | 117 | 198 | 113 |
| Equity and liabilities | 865 | 880 | 1,148 | 978 |
Financial ratios
| 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|
| Capital return ratios | ||||
| Return on assets (ROA) | 1% | 1% | 0% | 0% |
| Return on equity (ROE) | 4% | 2% | 0% | 0% |
| Return on capital employed (ROCE) | -15% | -32% | -22% | -13% |
| Capital structure and liquidity ratios | ||||
| Debt / asset ratio (D/A) | 0.12 | 0.04 | 0.13 | 0.12 |
| Current Ratio | 0.42 | 1.54 | 0.96 | 1.31 |
| Quick ratio | 0.36 | 1.47 | 0.91 | 1.05 |
| Turnover ratios | ||||
| Asset turnover | 0.55 | 0.58 | 0.52 | 0.73 |
| Fixed asset turnover | 0.60 | 0.73 | 0.63 | 0.86 |
| Equity turnover | 1.50 | 1.66 | 1.34 | 1.51 |
| Profitability ratios | ||||
| EBITDA margin | 13% | 11% | 11% | 11% |
| Operating profit margin | -11% | -19% | -21% | -10% |
| Net profit margin | 2% | 1% | 0% | 0% |
| 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 |
Financial statments
Expectations of the municipal
About the company
- Official nameUAB Kuršėnų autobusų parkas
- Legal formPrivate limited liability company (UAB)
- Company code175700829
- SectorPublic transport
- Line of businessPublic transport
- Representing institutionŠiauliai district municipality
- Share belonging to the Municipal100%
ROE
0.1%
Number of employees
30
Financial data provided as at end-December 2023
Management
- Vidmantas ŠulčiusChief Executive Officer
Information as of: 2024/04/30
