Palangos Klevas
UAB „Palangos Klevas“ was established on the 30th of December, 1991. The company’s main activity is a marketplace maintenance and administration.
Financial results
P/L Statment
| 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|
| Revenue | 119 | 125 | 179 | 195 |
| Cost of goods sold | 89 | 93 | 90 | 94 |
| Gross profit (loss) | 30 | 32 | 89 | 101 |
| Gross profit margin | 25% | 25% | 50% | 52% |
| Operating expenses | 46 | 42 | 44 | 54 |
| Operating profit (loss) | -16 | -11 | 45 | 47 |
| Operating profit margin | -14% | -8% | 25% | 24% |
| EBITDA | 10 | 13 | 60 | 60 |
| EBITDA margin | 8% | 10% | 33% | 31% |
| Net profit (loss) | -9 | -10 | 41 | 40 |
| Net profit margin | -8% | -8% | 23% | 21% |
Balance sheet
| 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|
| Non-current assets | 132 | 116 | 102 | 96 |
| Intangible assets | ||||
| Tangible assets | 120 | 113 | 102 | 96 |
| Financial assets | 1 | |||
| Other non-current assets | 12 | 2 | ||
| Current assets | 197 | 206 | 261 | 286 |
| Inventories and prepaid expenses | ||||
| Accounts receivable in one year | 2 | 1 | 5 | 1 |
| Other current assets | 100 | 100 | 100 | 150 |
| Cash and cash equivalents | 95 | 104 | 156 | 136 |
| Total assets | 329 | 322 | 363 | 383 |
| Equity | 309 | 299 | 340 | 360 |
| Grants and subsidies | ||||
| Liabilities | 20 | 23 | 23 | 23 |
| Financial liabilities | 0 | 0 | 0 | 0 |
| Long-term liabilities | ||||
| Short-term liabilities | 20 | 23 | 23 | 23 |
| Equity and liabilities | 329 | 322 | 363 | 383 |
Financial ratios
| 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|
| Capital return ratios | ||||
| Return on assets (ROA) | -3% | -3% | 12% | 11% |
| Return on equity (ROE) | -3% | -3% | 13% | 11% |
| Return on capital employed (ROCE) | -5% | -4% | 13% | 13% |
| Capital structure and liquidity ratios | ||||
| Debt / asset ratio (D/A) | 0.00 | 0.00 | 0.00 | 0.00 |
| Current Ratio | 9.69 | 9.10 | 11.57 | 12.51 |
| Quick ratio | 9.69 | 9.10 | 11.57 | 12.51 |
| Turnover ratios | ||||
| Asset turnover | 0.36 | 0.39 | 0.49 | 0.51 |
| Fixed asset turnover | 0.90 | 1.08 | 1.76 | 2.04 |
| Equity turnover | 0.38 | 0.42 | 0.52 | 0.54 |
| Profitability ratios | ||||
| EBITDA margin | 8% | 10% | 33% | 31% |
| Operating profit margin | -14% | -8% | 25% | 24% |
| Net profit margin | -8% | -8% | 23% | 21% |
| 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 |
Expectations of the municipal
About the company
- Official nameUAB „Palangos Klevas“
- Legal formPrivate limited liability company (UAB)
- Company code152492671
- SectorOther
- Line of businessMarketplace administration
- Representing institutionPalanga city municipality
- Share belonging to the Municipal100%
- Contacts https://palangosturgus.lt/
ROE
11.4%
Number of employees
7
Financial data provided as at end-December 2023
Management
- Inga GaldikienėChief Executive Officer
Information as of: 2024/06/14
