Kuršėnų komunalinis ūkis
UAB Kuršėnai Komunalinis ūkis was registered on November 16, 1990. Its activities include administration of the common property of owners of apartments and other premises, maintenance of bathhouses, cemeteries and markets, maintenance and operation of street lighting, road signs, road maintenance, construction, temporary care of stray animals, collection of waste, landscaping and manual cleaning of environment.
Financial results
P/L Statment
| 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|
| Revenue | 2,112 | 2,415 | 2,805 | 3,051 |
| Cost of goods sold | 1,870 | 2,140 | 2,471 | 2,521 |
| Gross profit (loss) | 242 | 275 | 334 | 530 |
| Gross profit margin | 11% | 11% | 12% | 17% |
| Operating expenses | 298 | 327 | 416 | 460 |
| Operating profit (loss) | -57 | -52 | -82 | 70 |
| Operating profit margin | -3% | -2% | -3% | 2% |
| EBITDA | 191 | 148 | 143 | 331 |
| EBITDA margin | 9% | 6% | 5% | 11% |
| Net profit (loss) | 19 | -56 | -87 | 47 |
| Net profit margin | 1% | -2% | -3% | 2% |
Balance sheet
| 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|
| Non-current assets | 2,807 | 2,825 | 3,017 | 3,524 |
| Intangible assets | 3 | 4 | 3 | 1 |
| Tangible assets | 2,805 | 2,821 | 3,014 | 3,523 |
| Financial assets | ||||
| Other non-current assets | ||||
| Current assets | 1,034 | 1,309 | 1,506 | 1,520 |
| Inventories and prepaid expenses | 55 | 24 | 56 | 30 |
| Accounts receivable in one year | 400 | 479 | 516 | 518 |
| Other current assets | ||||
| Cash and cash equivalents | 579 | 806 | 934 | 972 |
| Total assets | 3,845 | 4,138 | 4,528 | 5,051 |
| Equity | 2,998 | 3,023 | 3,327 | 3,594 |
| Grants and subsidies | 179 | 178 | 413 | |
| Liabilities | 847 | 936 | 1,023 | 1,044 |
| Financial liabilities | 193 | 198 | 131 | 59 |
| Long-term liabilities | 120 | 125 | 52 | |
| Short-term liabilities | 727 | 811 | 971 | 1,044 |
| Equity and liabilities | 3,845 | 4,138 | 4,528 | 5,051 |
Financial ratios
| 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|
| Capital return ratios | ||||
| Return on assets (ROA) | 0% | -1% | -2% | 1% |
| Return on equity (ROE) | 1% | -2% | -3% | 1% |
| Return on capital employed (ROCE) | -2% | -2% | -2% | 2% |
| Capital structure and liquidity ratios | ||||
| Debt / asset ratio (D/A) | 0.05 | 0.05 | 0.03 | 0.01 |
| Current Ratio | 1.42 | 1.61 | 1.55 | 1.46 |
| Quick ratio | 1.35 | 1.59 | 1.49 | 1.43 |
| Turnover ratios | ||||
| Asset turnover | 0.55 | 0.58 | 0.62 | 0.60 |
| Fixed asset turnover | 0.75 | 0.85 | 0.93 | 0.87 |
| Equity turnover | 0.70 | 0.80 | 0.84 | 0.85 |
| Profitability ratios | ||||
| EBITDA margin | 9% | 6% | 5% | 11% |
| Operating profit margin | -3% | -2% | -3% | 2% |
| Net profit margin | 1% | -2% | -3% | 2% |
| 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 Kuršėnų komunalinis ūkis
- Legal formPrivate limited liability company (UAB)
- Company code175606358
- SectorOther
- Line of businessWaste disposal services
- Representing institutionŠiauliai district municipality
- Share belonging to the Municipal100%
- Contacts https://kursenai-ku.lt/
ROE
1.4%
Number of employees
93
Financial data provided as at end-December 2023
Management
- Virginijus ŠimkusChief Executive Officer
Information as of: 2024/04/30
