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Valdymo koordinavimo centras Governance Coordination Centre

Municipality Owned Enterprises

UAB “Naujasis turgus” was registered on November 11, 2004. The main activities are marketplace administration, provision of services, rental of trade equipment and premises.

Financial results

P/L Statment

2019 2020 2021 2022
Revenue 849 700 731 1,295
Cost of goods sold 552 546 582 869
Gross profit (loss) 296 153 148 426
Gross profit margin 35% 22% 20% 33%
Operating expenses 255 209 236 375
Operating profit (loss) 42 -56 -88 52
Operating profit margin 5% -8% -12% 4%
EBITDA 272 217 316 392
EBITDA margin 32% 31% 43% 30%
Net profit (loss) 113 52 131 183
Net profit margin 13% 7% 18% 14%

* Left axis

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*** All data in Profit and Loss Statement table and corresponding chart is in EUR thousand, unless otherwise noted

Balance sheet

2019 2020 2021 2022
Non-current assets 3,105 2,966 2,824 3,826
Intangible assets
Tangible assets 3,099 2,961 2,819 3,821
Financial assets
Other non-current assets 6 5 5 5
Current assets 99 182 370 1,056
Inventories and prepaid expenses 4 6 3 633
Accounts receivable in one year 9 20 29 44
Other current assets
Cash and cash equivalents 86 156 338 378
Total assets 3,206 3,149 3,195 4,884
Equity 2,422 2,475 2,606 4,369
Grants and subsidies
Liabilities 783 674 589 515
Financial liabilities 668 578 456 335
Long-term liabilities 552 456 335 213
Short-term liabilities 232 218 255 302
Equity and liabilities 3,206 3,149 3,195 4,884

* All data in Balance Sheet table and corresponding chart is in EUR thousand, unless otherwise noted

Financial ratios

2019 2020 2021 2022
Capital return ratios
Return on assets (ROA) 3% 2% 4% 5%
Return on equity (ROE) 5% 2% 5% 5%
Return on capital employed (ROCE) 1% -2% -3% 1%
Capital structure and liquidity ratios
Debt / asset ratio (D/A) 0.21 0.18 0.14 0.07
Current Ratio 0.43 0.83 1.45 3.50
Quick ratio 0.41 0.81 1.44 1.40
Turnover ratios
Asset turnover 0.26 0.22 0.23 0.27
Fixed asset turnover 0.27 0.24 0.26 0.34
Equity turnover 0.35 0.28 0.28 0.30
Profitability ratios
EBITDA margin 32% 31% 43% 30%
Operating profit margin 5% -8% -12% 4%
Net profit margin 13% 7% 18% 14%
Other ratios
Dividends to the Municipality 0.00 0.00 1.00 20.00
Dividends paid / net profit 0.00 0.00 0.01 0.11

* Left axis

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*** Dividends to the municipality in Financial Ratios table is in EUR thousand

Financial statments

2020 m. metinės ataskaitos

Expectations of the municipal

Letter of Expectations

About the company

  • Official nameUAB „Naujasis turgus“
  • Legal formPrivate limited liability company (UAB)
  • Company code140842886
  • SectorOther
  • Line of businessMarketplace administration
  • Representing institutionKlaipėda city municipality
  • Share belonging to the Municipal100%
https://naujasisturgus.lt/
Return to the Municipality

20 EUR thousand

ROE

5.2%

Number of employees

24

Financial data provided as at end-December 2022

Management

  • Viačeslav KarmanovChief Executive Officer

Information as of: 4/30/2023