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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

2018 2019 2020 2021
Revenue 747 849 700 731
Cost of goods sold 523 552 546 582
Gross profit (loss) 224 296 153 148
Gross profit margin 30% 35% 22% 20%
Operating expenses 280 255 209 236
Operating profit (loss) -56 42 -56 -88
Operating profit margin -7% 5% -8% -12%
EBITDA 134 272 217 316
EBITDA margin 18% 32% 31% 43%
Net profit (loss) 6 113 52 131
Net profit margin 1% 13% 7% 18%

* Left axis

** Right axis

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

Balance sheet

2018 2019 2020 2021
Non-current assets 3,211 3,105 2,966 2,824
Intangible assets
Tangible assets 3,201 3,099 2,961 2,819
Financial assets
Other non-current assets 10 6 5 5
Current assets 105 99 182 370
Inventories and prepaid expenses 4 4 6 3
Accounts receivable in one year 12 9 20 29
Other current assets
Cash and cash equivalents 89 86 156 338
Total assets 3,320 3,206 3,149 3,195
Equity 2,309 2,422 2,475 2,606
Grants and subsidies
Liabilities 1,010 783 674 589
Financial liabilities 784 668 578 456
Long-term liabilities 668 552 456 335
Short-term liabilities 342 232 218 255
Equity and liabilities 3,320 3,206 3,149 3,195

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

Financial ratios

2018 2019 2020 2021
Capital return ratios
Return on assets (ROA) 0% 3% 2% 4%
Return on equity (ROE) 0% 5% 2% 5%
Return on capital employed (ROCE) 1% 10% 5% 11%
Capital structure and liquidity ratios
Debt / asset ratio (D/A) 0.34 0.28 0.23 0.18
Current Ratio 0.31 0.43 0.83 1.45
Quick ratio 0.29 0.41 0.81 1.44
Turnover ratios
Asset turnover 0.24 0.26 0.22 0.23
Fixed asset turnover 0.27 0.27 0.23 0.25
Equity turnover 0.32 0.36 0.29 0.29
Profitability ratios
EBITDA margin 18% 32% 31% 43%
Operating profit margin -7% 5% -8% -12%
Net profit margin 1% 13% 7% 18%
Other ratios
Dividends to the Municipality 1.00
Dividends paid / net profit 0.01

* Left axis

** Right axis

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

Financial statments

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/
ROE

5.2%

Number of employees

19

Financial data provided as at end-December 2021