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Valdymo koordinavimo centras Governance Coordination Centre

Municipality Owned Enterprises

UAB “Pabalių turgus” was registered on January 25, 2002. After the reorganization of UAB “Šiaulių turgus”. The main activity is the leasing of real estate ownership or other legal form. The Company also provides advertising services in the Company’s territory, toll administration services and performs other activities specified in the Company’s Articles of Association.

Financial results

P/L Statment

2019 2020 2021 2022
Revenue 282 249 264 309
Cost of goods sold 132 175 111 109
Gross profit (loss) 150 75 153 200
Gross profit margin 53% 30% 58% 65%
Operating expenses 105 15 69 81
Operating profit (loss) 45 17 38 66
Operating profit margin 16% 7% 15% 21%
EBITDA 91 33 66 93
EBITDA margin 32% 13% 25% 30%
Net profit (loss) 63 14 37 61
Net profit margin 22% 5% 14% 20%

* 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 423 403 385 384
Intangible assets 0 0
Tangible assets 423 403 385 384
Financial assets
Other non-current assets
Current assets 132 110 139 180
Inventories and prepaid expenses 0 0 0
Accounts receivable in one year 25 17 27 31
Other current assets
Cash and cash equivalents 106 93 112 149
Total assets 555 513 524 564
Equity 521 489 496 524
Grants and subsidies
Liabilities 35 24 28 40
Financial liabilities 0 0 0 0
Long-term liabilities 0 0 0
Short-term liabilities 35 24 28 40
Equity and liabilities 555 513 524 564

* 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) 11% 3% 7% 11%
Return on equity (ROE) 12% 3% 7% 12%
Return on capital employed (ROCE) 9% 4% 8% 13%
Capital structure and liquidity ratios
Debt / asset ratio (D/A) 0.00 0.00 0.00 0.00
Current Ratio 3.80 4.63 5.01 4.49
Quick ratio 3.79 4.63 5.01 4.49
Turnover ratios
Asset turnover 0.51 0.49 0.50 0.55
Fixed asset turnover 0.67 0.62 0.69 0.81
Equity turnover 0.54 0.51 0.53 0.59
Profitability ratios
EBITDA margin 32% 13% 25% 30%
Operating profit margin 16% 7% 15% 21%
Net profit margin 22% 5% 14% 20%
Other ratios
Dividends to the Municipality 45.00 30.00 0.00 0.00
Dividends paid / net profit 0.71 2.19 0.00 0.00

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

Financial statments

2021 m. metinės ataskaitos
2020 m. metinės ataskaitos

Expectations of the municipal

Letter of Expectations

About the company

  • Official nameUAB Pabalių turgus
  • Legal formPrivate limited liability company (UAB)
  • Company code145827646
  • SectorOther
  • Line of businessMarketplace administration
  • Representing institutionŠiauliai city municipality
  • Share belonging to the Municipal100%
https://pabaliuturgus.lt/
ROE

12.0%

Number of employees

10

Financial data provided as at end-December 2022

Management

  • Žydrūnas AugustinasChief Executive Officer

Information as of: 4/30/2023