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
| 2019 | 2020 | 2021 | 2022 | |
|---|---|---|---|---|
| Revenue | 292 | 363 | 424 | 591 |
| Cost of goods sold | 465 | 255 | 318 | 486 |
| Gross profit (loss) | -173 | 109 | 107 | 106 |
| Gross profit margin | -59% | 30% | 25% | 18% |
| Operating expenses | 80 | 94 | 116 | 117 |
| Operating profit (loss) | -253 | 15 | -9 | -11 |
| Operating profit margin | -87% | 4% | -2% | -2% |
| EBITDA | 46 | 54 | 10 | 23 |
| EBITDA margin | 16% | 15% | 2% | 4% |
| Net profit (loss) | 11 | 19 | -17 | -4 |
| Net profit margin | 4% | 5% | -4% | -1% |
Balance sheet
| 2019 | 2020 | 2021 | 2022 | |
|---|---|---|---|---|
| Non-current assets | 179 | 146 | 144 | 136 |
| Intangible assets | ||||
| Tangible assets | 179 | 146 | 144 | 136 |
| Financial assets | ||||
| Other non-current assets | ||||
| Current assets | 133 | 188 | 186 | 166 |
| Inventories and prepaid expenses | 1 | 1 | 2 | 1 |
| Accounts receivable in one year | 19 | 13 | 14 | 15 |
| Other current assets | ||||
| Cash and cash equivalents | 113 | 174 | 171 | 150 |
| Total assets | 316 | 336 | 331 | 302 |
| Equity | 269 | 288 | 272 | 267 |
| Grants and subsidies | ||||
| Liabilities | 47 | 48 | 60 | 35 |
| Financial liabilities | 0 | 0 | 0 | 0 |
| Long-term liabilities | ||||
| Short-term liabilities | 47 | 48 | 60 | 35 |
| Equity and liabilities | 316 | 336 | 331 | 302 |
Financial ratios
| 2019 | 2020 | 2021 | 2022 | |
|---|---|---|---|---|
| Capital return ratios | ||||
| Return on assets (ROA) | 3% | 6% | -5% | -1% |
| Return on equity (ROE) | 4% | 7% | -6% | -2% |
| Return on capital employed (ROCE) | -94% | 5% | -3% | -4% |
| Capital structure and liquidity ratios | ||||
| Debt / asset ratio (D/A) | 0.00 | 0.00 | 0.00 | 0.00 |
| Current Ratio | 2.83 | 3.95 | 3.12 | 4.77 |
| Quick ratio | 2.80 | 3.94 | 3.09 | 4.74 |
| Turnover ratios | ||||
| Asset turnover | 0.92 | 1.08 | 1.28 | 1.96 |
| Fixed asset turnover | 1.63 | 2.49 | 2.95 | 4.35 |
| Equity turnover | 1.09 | 1.26 | 1.56 | 2.21 |
| Profitability ratios | ||||
| EBITDA margin | 16% | 15% | 2% | 4% |
| Operating profit margin | -87% | 4% | -2% | -2% |
| Net profit margin | 4% | 5% | -4% | -1% |
| 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
-1.6%
Number of employees
29
Financial data provided as at end-December 2022
Management
- Alvidas MickevičiusChief Executive Officer
Information as of: 4/30/2023
