Molėtų autobusų parkas
In 1992, the Molėtai Road Transport Company was split into state owned Road Freight Fleet Company and the state owned Molėtai Bus Fleet. The bus fleet became a municipal enterprise. In 1995, Molėtai Bus Fleet was registered as a Special Purpose Private Limited Liability Company UAB Molėtų autobusų parkas. On October 10,2003 Special purpose private limited company UAB Molėtų autobusų parkas was re-registered as Private Limited Liability Company UAB Molėtų autobusų parkas. UAB Molėtų autobusų parkas provides regular passenger transportation services on suburban routes. The company is also engaged in additional activities – renting buses for trips, excursions, transporting small parcels by bus, providing luggage storage services, renting advertising space on buses, renting premises.
Financial results
P/L Statment
| 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|
| Revenue | 363 | 424 | 591 | 608 |
| Cost of goods sold | 255 | 318 | 486 | 457 |
| Gross profit (loss) | 109 | 107 | 106 | 151 |
| Gross profit margin | 30% | 25% | 18% | 25% |
| Operating expenses | 94 | 116 | 117 | 143 |
| Operating profit (loss) | 15 | -9 | -11 | 7 |
| Operating profit margin | 4% | -2% | -2% | 1% |
| EBITDA | 54 | 10 | 23 | 16 |
| EBITDA margin | 15% | 2% | 4% | 3% |
| Net profit (loss) | 19 | -17 | -4 | -9 |
| Net profit margin | 5% | -4% | -1% | -2% |
Balance sheet
| 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|
| Non-current assets | 146 | 144 | 136 | 123 |
| Intangible assets | ||||
| Tangible assets | 146 | 144 | 136 | 123 |
| Financial assets | ||||
| Other non-current assets | ||||
| Current assets | 188 | 186 | 166 | 181 |
| Inventories and prepaid expenses | 1 | 2 | 1 | 3 |
| Accounts receivable in one year | 13 | 14 | 15 | 15 |
| Other current assets | ||||
| Cash and cash equivalents | 174 | 171 | 150 | 163 |
| Total assets | 336 | 331 | 302 | 304 |
| Equity | 288 | 272 | 267 | 258 |
| Grants and subsidies | ||||
| Liabilities | 48 | 60 | 35 | 46 |
| Financial liabilities | 0 | 0 | 0 | 0 |
| Long-term liabilities | ||||
| Short-term liabilities | 48 | 60 | 35 | 46 |
| Equity and liabilities | 336 | 331 | 302 | 304 |
Financial ratios
| 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|
| Capital return ratios | ||||
| Return on assets (ROA) | 6% | -5% | -1% | -3% |
| Return on equity (ROE) | 7% | -6% | -2% | -4% |
| Return on capital employed (ROCE) | 5% | -3% | -4% | 3% |
| Capital structure and liquidity ratios | ||||
| Debt / asset ratio (D/A) | 0.00 | 0.00 | 0.00 | 0.00 |
| Current Ratio | 3.95 | 3.12 | 4.76 | 3.91 |
| Quick ratio | 3.94 | 3.09 | 4.74 | 3.85 |
| Turnover ratios | ||||
| Asset turnover | 1.08 | 1.28 | 1.96 | 2.00 |
| Fixed asset turnover | 2.49 | 2.95 | 4.35 | 4.93 |
| Equity turnover | 1.26 | 1.56 | 2.21 | 2.36 |
| Profitability ratios | ||||
| EBITDA margin | 15% | 2% | 4% | 3% |
| Operating profit margin | 4% | -2% | -2% | 1% |
| Net profit margin | 5% | -4% | -1% | -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 |
Financial statments
Expectations of the municipal
About the company
- Official nameUAB Molėtų autobusų parkas
- Legal formPrivate limited liability company (UAB)
- Company code167520735
- SectorPublic transport
- Line of businessPublic transport
- Representing institutionMolėtai district municipality
- Share belonging to the Municipal100%
ROE
-3.6%
Number of employees
30
Financial data provided as at end-December 2023
Management
- L. e. p. Alvidas MickevičiusChief Executive Officer
Information as of: 2024/04/30
