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Valdymo koordinavimo centras Governance Coordination Centre

Municipality Owned Enterprises

AB Laboratorinių bandymų centras was registered on July 5, 2000 and re-registered as a private limited company on November 25, 2004. The main activity of the company is laboratory testing of building materials, their mixtures and products. It also carries out on-site testing.

Financial results

P/L Statment

2018 2019 2020 2021
Revenue 1,316 1,292 1,609 1,364
Cost of goods sold 893 891 914 908
Gross profit (loss) 423 401 694 456
Gross profit margin 32% 31% 43% 33%
Operating expenses 100 99 106 106
Operating profit (loss) 323 303 588 350
Operating profit margin 25% 23% 37% 26%
EBITDA 394 377 650 419
EBITDA margin 30% 29% 40% 31%
Net profit (loss) 293 277 504 321
Net profit margin 22% 21% 31% 24%

Balance sheet

2018 2019 2020 2021
Non-current assets 417 384 355 368
Intangible assets 1
Tangible assets 417 384 355 368
Financial assets
Other non-current assets
Current assets 921 1,013 1,105 845
Inventories and prepaid expenses 9 16 10 29
Accounts receivable in one year 66 137 136 104
Other current assets 6 10 16 94
Cash and cash equivalents 839 851 943 618
Total assets 1,345 1,404 1,464 1,216
Equity 1,116 1,243 1,248 1,069
Grants and subsidies
Liabilities 229 161 216 147
Financial liabilities 45 10 2
Long-term liabilities 22 10 2
Short-term liabilities 207 151 214 147
Equity and liabilities 1,345 1,404 1,464 1,216

Financial ratios

2018 2019 2020 2021
Capital return ratios
Return on assets (ROA) 23% 20% 35% 24%
Return on equity (ROE) 28% 24% 40% 28%
Return on capital employed (ROCE) 60% 52% 96% 70%
Capital structure and liquidity ratios
Debt / asset ratio (D/A) 0.04 0.01 0.00
Current Ratio 4.46 6.71 5.16 5.75
Quick ratio 4.41 6.60 5.11 5.55
Turnover ratios
Asset turnover 1.03 0.94 1.12 1.02
Fixed asset turnover 3.15 3.22 4.35 3.77
Equity turnover 1.27 1.10 1.29 1.18
Profitability ratios
EBITDA margin 30% 29% 40% 31%
Operating profit margin 25% 23% 37% 26%
Net profit margin 22% 21% 31% 24%
Other ratios
Dividends to the Municipality 133.34 444.50 444.06 206.22
Dividends paid / net profit 0.46 1.60 0.88 0.64

Financial statments

Expectations of the municipal

About the company

  • Official nameUAB „Laboratorinių bandymų centras“
  • Legal formPrivate limited liability company (UAB)
  • Company code135641038
  • SectorOther
  • Line of businessQuality research of building materials, concrete, asphalt mixtures
  • Representing institutionKaunas city municipality
  • Share belonging to the Municipal88.9%
https://lbc.lt/
ROE

27.7%

Number of employees

39

Financial data provided as at end-December 2021