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Valdymo koordinavimo centras Governance Coordination Centre

Municipality Owned Enterprises

UAB Neringos komunalininkas was registered on January 22, 1991. The main company activity is the management and administration of the inland passenger port of Nida.

Financial results

P/L Statment

2018 2019 2020 2021
Revenue 1,908 818 335 73
Cost of goods sold 1,742 908 278 66
Gross profit (loss) 167 -90 58 8
Gross profit margin 9% -11% 17% 10%
Operating expenses 194 152 69 37
Operating profit (loss) -27 -242 -12 -29
Operating profit margin -1% -30% -3% -40%
EBITDA 181 178 141 15
EBITDA margin 9% 22% 42% 21%
Net profit (loss) 2 9 -12 -29
Net profit margin 0% 1% -3% -40%

* 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

2018 2019 2020 2021
Non-current assets 942 752 648
Intangible assets 0
Tangible assets 939 749 645
Financial assets 3 3 3
Other non-current assets
Current assets 993 1,050 1,144 4
Inventories and prepaid expenses 58 12 3
Accounts receivable in one year 172 32 17 1
Other current assets
Cash and cash equivalents 762 1,006 1,124 3
Total assets 1,946 1,807 1,796 4
Equity 1,737 1,745 1,734 4
Grants and subsidies 37 30 23
Liabilities 173 32 27 0
Financial liabilities
Long-term liabilities
Short-term liabilities 173 32 27 0
Equity and liabilities 1,946 1,807 1,796 4

* 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% 0% -1% -3%
Return on equity (ROE) 0% 0% -1% -3%
Return on capital employed (ROCE) 1% 1% -1% -1593%
Capital structure and liquidity ratios
Debt / asset ratio (D/A)
Current Ratio 5.75 32.82 41.83 21.79
Quick ratio 5.41 32.46 41.70 21.79
Turnover ratios
Asset turnover 0.98 0.44 0.19 0.08
Fixed asset turnover 2.05 0.97 0.48 0.23
Equity turnover 1.10 0.47 0.19 0.08
Profitability ratios
EBITDA margin 9% 22% 42% 21%
Operating profit margin -1% -30% -3% -40%
Net profit margin 0% 1% -3% -40%
Other ratios
Dividends to the Municipality
Dividends paid / net profit

* Left axis

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

Financial statments

About the company

  • Official nameUAB „Neringos komunalininkas“
  • Legal formPrivate limited liability company (UAB)
  • Company code152703524
  • SectorOther
  • Line of businessUtilities
  • Representing institutionNeringa municipality
  • Share belonging to the Municipal99.999%
http://www.nerkom.lt/
ROE

-3.4%

Financial data provided as at end-December 2021