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
| 2018 | 2019 | 2020 | 2021 | |
|---|---|---|---|---|
| Revenue | 335 | 292 | 363 | 424 |
| Cost of goods sold | 483 | 465 | 255 | 318 |
| Gross profit (loss) | -148 | -173 | 109 | 107 |
| Gross profit margin | -44% | -59% | 30% | 25% |
| Operating expenses | 78 | 80 | 94 | 116 |
| Operating profit (loss) | -226 | -253 | 15 | -9 |
| Operating profit margin | -67% | -87% | 4% | -2% |
| EBITDA | 46 | 46 | 54 | 10 |
| EBITDA margin | 14% | 16% | 15% | 2% |
| Net profit (loss) | 12 | 11 | 19 | -17 |
| Net profit margin | 4% | 4% | 5% | -4% |
Balance sheet
| 2018 | 2019 | 2020 | 2021 | |
|---|---|---|---|---|
| Non-current assets | 200 | 179 | 146 | 144 |
| Intangible assets | ||||
| Tangible assets | 200 | 179 | 146 | 144 |
| Financial assets | ||||
| Other non-current assets | ||||
| Current assets | 106 | 133 | 188 | 187 |
| Inventories and prepaid expenses | 1 | 1 | 1 | 2 |
| Accounts receivable in one year | 18 | 19 | 13 | 14 |
| Other current assets | ||||
| Cash and cash equivalents | 87 | 113 | 174 | 171 |
| Total assets | 309 | 316 | 336 | 332 |
| Equity | 258 | 269 | 288 | 272 |
| Grants and subsidies | 8 | |||
| Liabilities | 43 | 47 | 48 | 60 |
| Financial liabilities | ||||
| Long-term liabilities | ||||
| Short-term liabilities | 43 | 47 | 48 | 60 |
| Equity and liabilities | 309 | 316 | 336 | 332 |
Financial ratios
| 2018 | 2019 | 2020 | 2021 | |
|---|---|---|---|---|
| Capital return ratios | ||||
| Return on assets (ROA) | 4% | 3% | 6% | -5% |
| Return on equity (ROE) | 5% | 4% | 7% | -6% |
| Return on capital employed (ROCE) | 9% | 8% | 14% | -12% |
| Capital structure and liquidity ratios | ||||
| Debt / asset ratio (D/A) | ||||
| Current Ratio | 2.47 | 2.83 | 3.95 | 3.09 |
| Quick ratio | 2.45 | 2.80 | 3.94 | 3.07 |
| Turnover ratios | ||||
| Asset turnover | 1.03 | 0.93 | 1.11 | 1.27 |
| Fixed asset turnover | 1.59 | 1.54 | 2.24 | 2.93 |
| Equity turnover | 1.33 | 1.11 | 1.30 | 1.52 |
| Profitability ratios | ||||
| EBITDA margin | 14% | 16% | 15% | 2% |
| Operating profit margin | -67% | -87% | 4% | -2% |
| Net profit margin | 4% | 4% | 5% | -4% |
| Other ratios | ||||
| Dividends to the Municipality | ||||
| Dividends paid / net profit |
Financial statments
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
-5.9%
Number of employees
32
Financial data provided as at end-December 2021
