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Valdymo koordinavimo centras Governance Coordination Centre

Municipality Owned Enterprises

UAB “Kybartų darna” was registered on January 28, 1992. The main activity of the company is a residential apartment building in Kybartai and Virbalis. administration, operation, maintenance of heat and hot water and utilities.

Financial results

P/L Statment

2019 2020 2021 2022
Revenue 590 599 602 681
Cost of goods sold 369 356 348 383
Gross profit (loss) 221 243 254 298
Gross profit margin 37% 41% 42% 44%
Operating expenses 203 224 205 223
Operating profit (loss) 18 19 49 75
Operating profit margin 3% 3% 8% 11%
EBITDA 44 51 75 104
EBITDA margin 7% 8% 13% 15%
Net profit (loss) 15 16 41 63
Net profit margin 2% 3% 7% 9%

* Left axis

** Right axis

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

Balance sheet

2019 2020 2021 2022
Non-current assets 108 78 67 111
Intangible assets 0
Tangible assets 108 78 67 111
Financial assets
Other non-current assets
Current assets 299 331 369 479
Inventories and prepaid expenses 1 1 1 7
Accounts receivable in one year 53 99 152 135
Other current assets
Cash and cash equivalents 246 232 216 337
Total assets 409 410 437 592
Equity 139 154 195 288
Grants and subsidies
Liabilities 270 256 242 304
Financial liabilities 32 16 7 44
Long-term liabilities 123 130 128 158
Short-term liabilities 147 126 114 146
Equity and liabilities 409 410 437 592

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

Financial ratios

2019 2020 2021 2022
Capital return ratios
Return on assets (ROA) 4% 4% 10% 12%
Return on equity (ROE) 11% 11% 23% 26%
Return on capital employed (ROCE) 7% 7% 15% 17%
Capital structure and liquidity ratios
Debt / asset ratio (D/A) 0.08 0.04 0.02 0.07
Current Ratio 2.03 2.64 3.22 3.29
Quick ratio 2.03 2.63 3.22 3.24
Turnover ratios
Asset turnover 1.44 1.46 1.38 1.15
Fixed asset turnover 5.46 7.73 8.97 6.12
Equity turnover 4.25 3.88 3.09 2.37
Profitability ratios
EBITDA margin 7% 8% 13% 15%
Operating profit margin 3% 3% 8% 11%
Net profit margin 2% 3% 7% 9%
Other ratios
Dividends to the Municipality 0.00 0.00 20.00 9.00
Dividends paid / net profit 0.00 0.00 0.49 0.14

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

Financial statments

2021 m. metinės ataskaitos
2020 m. metinės ataskaitos

Expectations of the municipal

Letter of Expectations

About the company

  • Official nameUAB „Kybartų darna“
  • Legal formPrivate limited liability company (UAB)
  • Company code185179431
  • SectorOther
  • Line of businessUtilities, apartament management, public transport
  • Representing institutionVilkaviškis district municipality
  • Share belonging to the Municipal100%
https://kybartudarna.webnode.com/
Return to the Municipality

9 EUR thousand

ROE

26.1%

Number of employees

29

Financial data provided as at end-December 2022

Management

  • Vaidas NacevičiusChief Executive Officer

Information as of: 4/30/2023