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

2021 2022 2023 2024
Revenue 1,364 1,265 2,234 2,394
Cost of goods sold 908 968 1,484 1,662
Gross profit (loss) 456 298 750 732
Gross profit margin 33% 24% 34% 31%
Operating expenses 106 106 153 205
Operating profit (loss) 350 192 597 527
Operating profit margin 26% 15% 27% 22%
EBITDA 419 257 688 648
EBITDA margin 31% 20% 31% 27%
Net profit (loss) 321 175 538 480
Net profit margin 24% 14% 24% 20%

Balance sheet

2021 2022 2023 2024
Non-current assets 368 362 487 605
Intangible assets 1 0 6 12
Tangible assets 367 362 482 593
Financial assets
Other non-current assets
Current assets 845 797 1,187 1,141
Inventories and prepaid expenses 29 15 35 27
Accounts receivable in one year 104 122 66 138
Other current assets 93 131 76 85
Cash and cash equivalents 618 529 1,010 892
Total assets 1,216 1,170 1,687 1,755
Equity 1,069 1,012 1,400 1,504
Grants and subsidies
Liabilities 147 158 287 251
Financial liabilities 2 0 16 6
Long-term liabilities 6
Short-term liabilities 147 158 281 251
Equity and liabilities 1,216 1,170 1,687 1,755

Financial ratios

2021 2022 2023 2024
Capital return ratios
Return on assets (ROA) 24% 15% 38% 28%
Return on equity (ROE) 28% 17% 45% 33%
Return on capital employed (ROCE) 33% 19% 42% 35%
Capital structure and liquidity ratios
Debt / asset ratio (D/A) 0.00 0.00 0.01 0.00
Current Ratio 5.75 5.04 4.22 4.55
Quick ratio 5.56 4.95 4.10 4.44
Turnover ratios
Asset turnover 1.12 1.08 1.32 1.36
Fixed asset turnover 3.71 3.49 4.58 3.95
Equity turnover 1.28 1.25 1.60 1.59
Profitability ratios
EBITDA margin 31% 20% 31% 27%
Operating profit margin 26% 15% 27% 22%
Net profit margin 24% 14% 24% 20%
Other ratios
Dividends to the Municipality 206.22 133.34 334.54 298.88
Dividends paid / net profit 0.64 0.76 0.62 0.62

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 Municipal88.89%
  • Contacts https://lbc.lt/
Return to the Municipality

299 EUR thousand

ROE

33.1%

Number of employees

40

Financial data provided as at end-December 2024

Management

  • Mindaugas GrevasChief Executive Officer

Information as of: 2025/06/01