Valdymo koordinavimo centras Governance Coordination Centre

Municipality Owned Enterprises

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

2021 2022 2023 2024
Revenue 424 591 608 673
Cost of goods sold 318 486 457 496
Gross profit (loss) 107 106 151 177
Gross profit margin 25% 18% 25% 26%
Operating expenses 116 117 143 157
Operating profit (loss) -9 -11 7 21
Operating profit margin -2% -2% 1% 3%
EBITDA 10 23 16 41
EBITDA margin 2% 4% 3% 6%
Net profit (loss) -17 -4 -9 11
Net profit margin -4% -1% -2% 2%

Balance sheet

2021 2022 2023 2024
Non-current assets 144 136 123 137
Intangible assets
Tangible assets 144 136 123 137
Financial assets
Other non-current assets
Current assets 186 166 181 173
Inventories and prepaid expenses 2 1 3 1
Accounts receivable in one year 14 15 15 19
Other current assets
Cash and cash equivalents 171 150 163 153
Total assets 331 302 304 310
Equity 272 267 258 269
Grants and subsidies
Liabilities 60 35 46 41
Financial liabilities 0 0 0 0
Long-term liabilities
Short-term liabilities 60 35 46 41
Equity and liabilities 331 302 304 310

Financial ratios

2021 2022 2023 2024
Capital return ratios
Return on assets (ROA) -5% -1% -3% 4%
Return on equity (ROE) -6% -2% -4% 4%
Return on capital employed (ROCE) -3% -4% 3% 8%
Capital structure and liquidity ratios
Debt / asset ratio (D/A) 0.00 0.00 0.00 0.00
Current Ratio 3.12 4.76 3.91 4.21
Quick ratio 3.09 4.74 3.85 4.18
Turnover ratios
Asset turnover 1.28 1.96 2.00 2.17
Fixed asset turnover 2.95 4.35 4.93 4.91
Equity turnover 1.56 2.21 2.36 2.51
Profitability ratios
EBITDA margin 2% 4% 3% 6%
Operating profit margin -2% -2% 1% 3%
Net profit margin -4% -1% -2% 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 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%
  • Contacts https://moletuautobusai.lt/
ROE

4.1%

Number of employees

28

Financial data provided as at end-December 2024

Management

  • L. E. P. Alvidas MickevičiusActing Chief Executive Officer

Information as of: 2025/06/01